Zenith Bank Plc is on the brink of hitting a N2 trillion market valuation on the Nigerian Exchange (NGX) following a 5.7% surge in its share price. Investors are rallying behind the bank ahead of its Q1 2025 earnings release and a planned N4 per share dividend payout at its upcoming 34th Annual General Meeting (AGM) on April 29.
Recent trading data shows Zenith Bank’s stock climbed to N46.50 per share, with over 22.9 million units traded worth N1.045 billion in a single day. Analysts attribute this bullish trend to strong foreign investor interest and the bank’s consistent financial performance.
With 41.069 billion outstanding shares, Zenith Bank’s market cap now stands at N1.909 trillion, inching closer to the historic N2 trillion milestone. The NGX has already adjusted the bank’s share price for its final dividend, signaling confidence in its growth trajectory.
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