Wema Bank Plc, Stanbic IBTC Holdings Plc, Guaranty Trust Holding Company Plc (GTCO) and Zenith Bank Plc have outshone peers in the NGX Banking Index in 2025. The NGX Banking Index is a basket of 10 stocks comprising the most capitalised and liquid companies in the banking sector. Stocks of these four banks yielded returns in excess of 50 percent, led by Wema Bank with a year-to-date (YtD) return of 119.23 percent as at July 28. It was followed by Stanbic IBTC Holdings with YtD return of 73.18 percent, GTCO (+65.09 percent), and Zenith
Wema Bank Plc, Stanbic IBTC Holdings Plc, Guaranty Trust Holding Company Plc (GTCO) and Zenith Bank Plc have outshone peers in the NGX Banking Index in 2025. The NGX Banking Index is a basket of 10 stocks comprising the most capitalised and liquid companies in the banking sector. Stocks of these four banks yielded returns in excess of 50 percent, led by Wema Bank with a year-to-date (YtD) return of 119.23 percent as at July 28. It was followed by Stanbic IBTC Holdings with YtD return of 73.18 percent, GTCO (+65.09 percent), and Zenith