ABBEYBANK
Investo's verdict, shared with you
Abbey Bank is a small-cap Nigerian lender exhibiting genuine top-line momentum — Q2 2026 gross earnings of ₦15.45bn represent ~91% YoY growth and total assets expanded 47% to ₦243.52bn — but the current price of ₦7.70 implies a P/E of ~36.7x on FY2025 EPS of ₦0.21, a material premium to both the blended fair value estimate of ₦5.05 and the sector median P/E of 20.53x. The committee score reads 'weak' with a net score of -3, driven by negative value, momentum, and risk factors, and the computed valuation signals 34.4% downside to base case, leaving no margin of safety at current levels.
Verdict published 2026-09-05 · fundamentals through Q2-2026 · reviewed as the data changes
Published with 1 open flag · confidence downgraded
A per-share input was repaired or refused
One of the per-share figures behind this valuation did not agree with the audited totals it should reconcile to, so it was recomputed from those totals or rejected outright.
EPS FY2025: eps_no_pat_crosscheck
Source: NGX live market data · Investo intelligence. Educational only — not financial advice.