A recent data by the Nigerian exchange indicates that the combined market capitalization of eleven Nigerian banks is at N7.90 trillion.

The most valuable bank as of January 13, 2025, is Guaranty Trust Holding Company PLC with a market capitalization of N1.71 trillion.

The data was released on Monday, January 13, 2025.

See full data below:

GTCO - N1.71 trillion

With a market capitalization of N1.71 trillion, Guaranty Trust Holding Company PLC ranks first. Its share value, priced at N58.00, reflects a 0.09% decline.

Zenith Bank - N1.47 trillion

Based on securities prices traded on Monday, Zenith Bank PLC is the second largest bank in Nigeria. With a market valuation of N1.47 trillion, the bank's shares are priced at N46.85, reflecting a 1.85% growth rate.

UBA - N1.16 trillion

United Bank for Africa PLC's market capitalization is N1.16 trillion. The price of its shares has dropped by 0.58% to N34.00.

FBN Holdings - N1.02 trillion

The market capitalization of FBN Holdings PLC is N1.02 trillion, and the share price is N28.50, indicating a 5.63 percent decrease.

Access Holdings - N869.08 billion

With a market valuation of N869.08 billion and shares trading at N24.45, Access Holdings PLC has seen a 0.20 percent fall.

Fidelity Bank - N560.21 billion

Fidelity Bank PLC's shares are valued at N17.50, and the company is worth N560.21 billion.

The bank's stock declined 0.29%.

Ecobank - N557.83 billion

The market value of Ecobank Transnational Incorporated is N557.83 billion, and the share price is N30.40.

Wema Bank - N235.73 billion

Wema Bank PLC completes the list with shares valued at N11.00 and a market capitalization of N235.73 billion.

Sterling - N166.98 billion

With a market valuation of N166.98 billion and shares trading at N5.80, Sterling Financial Holdings PLC has experienced a modest 0.52 percent increase, indicating healthy growth.

Jaiz Bank - N131.54 billion

The market value of Jaiz Bank PLC is N131.54 billion, and the share price is N2.95. It has demonstrated a 1.72% improvement.

Unity Bank - N17.65 billion

The market value of Unity Bank PLC is N17.65 billion, and the share price is N1.51.

So far, eight Nigerian banks ended December 2024 with a combined market capitalization of N7.20 trillion. This is a gain of N109.10 billion over the N7.09 trillion recorded on December 23.