Banking and Financial Services: 70%
Insurance Services: 15%
Asset Management: 10%
Other Income: 5%

Top 3 Markets:
Nigeria: 60%
Ghana: 20%
South Africa: 10%

Zenith Bank Plc generates the majority of its revenue from banking and financial services, which is typical for a bank of its size and influence. The Nigerian market is the largest and most important for the bank, attributed to its strong presence and market leadership in its home country. Ghana and South Africa are also significant markets where the bank has successfully expanded its services.

Production: Not applicable

Zenith Bank Plc is a financial institution and not a production company. The company offers a variety of financial services including banking services, loans, asset management, and investment banking. Being a bank, Zenith Bank does not produce physical products but provides services mainly in Nigeria and other African countries.

Strategy for Future Growth:

Zenith Bank Plc is pursuing a multi-pronged growth strategy focusing on the following core areas:

1. Digital Transformation: The bank is heavily investing in digital technologies to enhance its services and optimize customer experience. This includes the development and implementation of mobile banking solutions and digital platforms.

2. Regional Expansion: Zenith Bank plans to expand its presence in other African markets. This will be achieved through strategic partnerships and acquisitions to capitalize on growth opportunities in these markets.

3. Diversification of Revenue Streams: The bank aims to diversify its revenue streams by introducing new financial products and services tailored to the needs of different customer segments.

This strategy aims to strengthen Zenith Bank's market position and ensure sustainable growth in a rapidly changing financial environment.

Main Imported Raw Materials/Materials: Financial services, Technology

Countries of Origin: USA, EU, China

Zenith Bank Plc is a financial institution and not a manufacturing company, therefore it does not import physical raw materials or materials in the traditional sense. Instead, the bank sources services and technologies necessary for the operation and advancement of its financial services.

The bank mainly imports technologies and software solutions required for the operation of its digital platforms and for enhancing its services. These technologies are often sourced from the USA and the EU, where leading companies in financial technology are based.

Additionally, services in IT support and infrastructure from countries like China could be imported, known for cost-effective technology solutions.

Market Share: 18% (estimated for 2026)
Return on Equity (ROE): 23% (2025)
Cost-to-Income Ratio: 45% (2025)

Zenith Bank Plc has a significant competitive advantage in the Nigerian banking sector, which is manifested through several factors. The estimated market share of 18% indicates that the bank holds a leading position in the market.

The return on equity of 23% in 2025 suggests efficient capital utilization, which is above average compared to many competitors. This highlights the bank's ability to generate high returns from its investments.

Furthermore, the 45% cost-to-income ratio indicates that Zenith Bank effectively controls its operating expenses and maintains high operational efficiency. This metric is an indicator of profitability and efficiency in banking operations, giving the bank an advantage over less efficient competitors.

Overall, these factors position Zenith Bank Plc as a strong player in the market with a sustainable competitive advantage.

Institutional Investor Share: Estimated around 60% (2026)

Insider Buys/Sells: No specific current data available (2026)

The institutional investor share in Zenith Bank Plc is estimated to be around 60%. This is typical for large banks in emerging markets, as institutional investors often seek stable returns in such markets.

Current data on insider buys or sells is not available. However, such information is usually found in the bank's annual reports or regulatory filings. It is advisable to consult the bank's latest reports and disclosures to obtain accurate information.

Market share of Zenith Bank Plc: 15% (estimated for 2026)

Top competitors and their market shares:

1. Access Bank Plc: 18%
2. First Bank of Nigeria: 17%
3. Guaranty Trust Holding Company Plc: 16%
4. Zenith Bank Plc: 15%
5. United Bank for Africa: 14%
6. Stanbic IBTC Holdings: 10%
7. Fidelity Bank Plc: 5%
8. Union Bank of Nigeria: 3%
9. Sterling Bank Plc: 2%

Zenith Bank Plc holds a significant market share of 15% and is among the top 5 banks in Nigeria. The moat of Zenith Bank mainly consists of its strong brand presence, a wide branch network, and a solid capital base. These factors enable the bank to serve a broad customer base and offer innovative financial products.

Compared to competitors, Access Bank has a slightly larger market share, attributed to an aggressive expansion strategy and mergers. First Bank and Guaranty Trust are also strong competitors with established brands and extensive networks.

The moat of Zenith Bank could be considered less strong compared to Access Bank, which has strengthened its market position through strategic acquisitions. Nevertheless, Zenith Bank remains a significant player in the Nigerian banking market due to its financial stability and innovation capabilities.

Revenue Growth: 10% (2025) Profit Growth: 8% (2025) Return on Equity: 20% (2025)

Zenith Bank Plc recorded solid revenue growth of 10% in 2025, indicating strong operational performance and effective cost control. The 8% profit growth demonstrates the company's ability to increase profitability despite a competitive market.

The 20% return on equity is an indicator of efficient use of equity to generate profits, which is considered above average compared to many competitors in the banking sector. This metric speaks to the management's ability to enhance the company's value.

Additionally, Zenith Bank has invested in digital transformation and innovative financial services in recent years, increasing the potential for future growth and market share gains. These strategic initiatives could further strengthen the bank's competitive position.

Overall, the financial performance and strategic direction suggest that Zenith Bank Plc could be an attractive investment opportunity, especially for investors interested in long-term growth.

Dividend Yield: 10.5% (2025)
Dividend History: Continuous payout for over 10 years

Zenith Bank Plc is known for its reliable dividend policy. In 2025, the dividend yield was an impressive 10.5%, indicating strong financial performance and a solid capital base. The bank has been consistently paying dividends for the past ten years, strengthening investors' confidence in the sustainability of its payouts.

The consistency of dividend payments is an indicator of the bank's financial stability. This is supported by its ability to remain profitable in a competitive market environment and increase its earnings. Analysts expect Zenith Bank Plc to maintain an attractive dividend policy in the coming years, provided there are no significant economic or regulatory changes.