First National Bank of Botswana Company Profile and Stock Information

First National Bank of Botswana is a major financial institution in the country, with a rich history dating back to 1955. The bank was established by a group of entrepreneurs who saw an opportunity to provide banking services to the people of Botswana.

The bank's headquarters is located in Gaborone, the capital city of Botswana. First National Bank of Botswana is a subsidiary of FirstRand Limited, a South African financial services group.

First National Bank of Botswana offers a wide range of financial services, including personal and business banking, investments, and insurance. The bank has a strong presence in the country, with a network of branches and ATMs across Botswana.

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First National Bank of Botswana's financial performance has been impressive, with a significant increase in net sales over the years.

In 2023, the bank's net sales were 2.87 billion, while in 2024, they rose to 3.47 billion, a growth of 20.5% from the previous year.

The bank's net income also saw a substantial increase, from 1.12 billion in 2023 to 1.39 billion in 2024, a growth of 23.7%.

Net debt is a critical aspect of any bank's financial health, and First National Bank of Botswana has managed to reduce its net debt significantly over the years.

In 2023, the bank's net debt stood at -6.48 billion, while in 2024, it decreased to -4.37 billion, a reduction of 32.5%.

Here's a breakdown of the bank's net sales and net income for the years 2023 and 2024:

The bank's financial performance has been consistently strong, with a significant increase in net sales and net income over the years.

First National Bank of Botswana's stock performance has been underwhelming compared to its industry and market.

The bank's shareholder returns have trailed behind the BW Banks industry, which returned 12% over the past year, while FNBB-EQO has underperformed the BW Market, which also returned 12.5% over the same period.

If you're considering investing in FNBB-EQO, it's worth noting that the bank's stock has been relatively stable in terms of price volatility.

In fact, FNBB-EQO's average weekly movement has been 0.6%, which is lower than the Banks Industry average movement of 3.8%.

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First National Bank of Botswana (FNBB-EQO) offers a range of banking and related products and services to individuals, large and small businesses in Botswana.

The bank provides these services to cater to various needs and preferences of its customers.

FNBB-EQO underperformed the BW Banks industry which returned 12% over the past year.

This is a notable point for investors considering the bank's performance relative to its peers.

The company's stock has also underperformed the BW Market which returned 12.5% over the past year.

This indicates that FNBB-EQO's stock may not be the best choice for investors seeking high returns in the short term.

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Price volatility is a crucial aspect of stock performance to consider. FNBB-EQO's price has been relatively stable, with an average weekly movement of 0.6%.

Compared to the industry, FNBB-EQO's volatility is significantly lower, with an industry average movement of 3.8%. This suggests that FNBB-EQO is a more stable investment option.

In the past year, FNBB-EQO's weekly volatility has remained stable at 1%, indicating a consistent performance. This is a positive sign for investors looking for a reliable stock.

Here's a comparison of FNBB-EQO's volatility with other stocks in the BW market:

FNBB-EQO's stable price has been a notable feature in the past 3 months, with no significant price volatility compared to the BW market. This makes it an attractive option for investors seeking stability.

First National Bank of Botswana has a diverse and experienced leadership team. Steven Bogatsu serves as the CEO, having taken on the role since April 30, 2015.

The bank's Board of Directors consists of eight members, each bringing unique skills and expertise to the table. John Macaskill has been the Chairman since December 31, 2017.

Here is a list of the current Board of Directors:

The bank's leadership team is committed to maintaining the highest standards of governance and ensuring the bank operates with integrity and transparency.

The leadership team at First National Bank of Botswana Limited is comprised of experienced professionals who have been in their roles for several years. Steven Bogatsu has been the Chief Executive Officer since 2015.

One notable aspect of the leadership team is the presence of multiple directors with diverse backgrounds and expertise. John Macaskill, for instance, has been the Chairman since 2017.

The bank's management team includes a Chief Operating Officer, William Wilson, who has been in his role since 2023. The team also has a Director of Finance/CFO, Mbako Mbo, who took on this position in 2023.

Here is a list of key managers and directors at First National Bank of Botswana Limited:

The bank's board of directors includes a mix of experienced professionals with a range of skills and expertise. Balisi Bonyongo, for example, has been a Chairman since 2024.

748 people are employed at First National Bank of Botswana Limited.

First National Bank of Botswana is a significant financial institution in the country. The bank's market capitalization is approximately 13.48 billion.

The bank's earnings results for the full year ended June 30, 2025, were reported on September 10, 2025. First National Bank of Botswana also announced a final dividend for the year ended 30 June 2025, payable on or about October 22, 2025.

Here are some key statistics about the bank's capitalization and financial performance:

The bank's free-float is approximately 21.28%, and its yield is around 8.78% in 2024.

You might be surprised to learn that a single financial institution can have multiple SWIFT codes, each representing a different branch. This is why it's essential to double-check with the recipient before sending money to ensure you have the right code.

Financial institutions may have several SWIFT codes that differ by just a few letters or numbers, so it's crucial to verify the code with the recipient to avoid any potential issues. Always make sure to confirm the correct SWIFT code before making a transfer.

SWIFT codes can vary significantly between branches, even within the same financial institution, so it's vital to be aware of this possibility when sending money internationally.

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First National Bank of Botswana Limited made two significant announcements on September 10, 2025. The bank reported its earnings results for the full year ended June 30, 2025.

The bank's capitalization is substantial, with a market value of 13.48 billion. Its enterprise value is also impressive, reaching 9.11 billion in 2023.

The bank's free-float is a relatively small 21.28%, indicating that a significant portion of its shares are held by institutional investors. Its yield is substantial, reaching 8.78% in 2024.

Here's a breakdown of the bank's key statistics:

The bank also announced a final dividend for the year ended June 30, 2025, payable on or about October 22, 2025.

First National Bank of Botswana Limited has a diverse range of sales activities across various sectors. The bank's retail banking sales have consistently increased over the years, reaching $1.5 billion in 2024.

The commercial sector has also seen significant growth, with sales reaching $1.04 billion in 2024. This is a notable increase from $498 million in 2020.

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Corporate financing sales have fluctuated over the years, ranging from $450 million in 2020 to $619 million in 2024.

The bank's Wes Bank sales are not available for the years 2021-2024 due to missing data.

Treasury sales have also seen a significant increase, reaching $321 million in 2024, up from $77.19 million in 2020.

Here's a breakdown of the bank's sales by activity: