NICO Holdings Plc is one of the African largest financial services groups. Revenues (including intragroup) break down by activity as follows: - life insurance and pension funds management (46.9%); - banking services (23.8%); - non-life insurance (18.4%); - asset management (6.1%); - investment holding (3.9%); - other (0.9%): primarily IT services. Revenues break down geographically as follows: Malawi (92.7%) and Zambia (7.3%).

Employees

1,476

Sector

Life & Health Insurance

More about the company

Quotes

Date	Price	Change	Volume
26-08-28	MWK 1,342.38	-0.00%	4,103
26-08-27	MWK 1,342.39	-0.00%	3,455
26-08-26	MWK 1,342.42	-0.03%	1,582
26-08-25	MWK 1,342.77	-0.04%	34,789
26-08-24	MWK 1,343.31	-0.00%	366

End-of-day quote Malawi S.E.

More quotes

End-of-day quote Malawi S.E. 2026-08-28			5-day change	1st Jan Change
1,342.38 ^MWK	0.00%		-0.07%	-22.70%

04-07	NICO Holdings plc Reports Earnings Results for the Full Year Ended December 31, 2025	CI
25-09-09	NICO Holdings plc Reports Earnings Results for the Half Year Ended June 30, 2025	CI

Market Cap	1,400B 807M 696M 652M 595M 1.12B 77.15B 1.13B 7.74B 3.02B 38.95B 3.03B 2.96B 129B	P/E 2024	6.07x	P/E 2025	10.8x
Enterprise Value	1,324B 763M 658M 617M 563M 1.06B 72.93B 1.06B 7.31B 2.85B 36.81B 2.86B 2.8B 122B	EV / Sales 2024	0.72x	EV / Sales 2025	1.96x
Free-Float	46.37%	Yield 2024	4.77%	Yield 2025	2.3%

04-07	NICO Holdings plc Reports Earnings Results for the Full Year Ended December 31, 2025	CI
25-09-09	NICO Holdings plc Reports Earnings Results for the Half Year Ended June 30, 2025	CI
25-06-25	NICO Holdings plc Reports Earnings Results for the Full Year Ended December 31, 2024	CI
24-09-22	NICO Holdings plc Reports Earnings Results for the Half Year Ended June 30, 2024	CI
24-07-01	NICO Holdings plc Reports Earnings Results for the Full Year Ended December 31, 2023	CI
23-05-16	NICO Holdings plc Reports Earnings Results for the Full Year Ended December 31, 2022	CI
22-09-01	NICO Holdings plc Reports Earnings Results for the Half Year Ended June 30, 2022	CI
20-08-12	Nico Holdings plc Reports Earnings Results for the Full Year Ended December 31, 2019	CI
18-06-18	NICO Holdings plc acquired an additional 4.25% stake in NBS Bank Plc from International Finance Corporation.	CI
15-02-17	Sanlam Emerging Markets Limited acquired 51% stake in Nico Mozambique Vida from NICO Holdings Limited.	CI
14-04-01	Sanlam Emerging Markets Limited completed the acquisition of minority stake in NICO General Insurance Company Limited and NICO Insurance Zambia Limited and NIKO insurance Uganda Limited and NIKO Insurance Tanzania Limited from NICO Holdings Limited.	CI
14-01-26	Sanlam Emerging Markets Limited agreed to acquire minority 49% stake in NICO General Insurance Company Limited and 49% stake in NICO Insurance Zambia Limited and 48.4% stake in NIKO insurance Uganda Limited and 32.67% stake in NIKO Insurance Tanzania Limited from NICO Holdings Limited	CI
13-12-10	Sanlam Limited acquired 25.1% stake in NICO Holdings Limited from Santam Ltd..	CI

11-02	Malawi Stock Exchange Is Africa's Top Performer After 76 Percent Q3 Rise	AQ
25-03-25	Nico Advocates Saving, Investment Culture	AQ
24-12-30	Corporate Sector Performance in 2024 Shows Malawi's Economy Is Steadily Improving	AQ
22-09-09	K40 Million Boost to Chakwera Charity Golf Initiative	AQ
21-01-27	NBS Bank : Nico General, NBS Bank Introduce Insurance Premium Financing	AQ

NICO Holdings plc Stock

Stocks

NICO

MWNICO010014

Life & Health Insurance

Valuation : NICO Holdings plc

Chart: NICO Holdings plc

Latest news : NICO Holdings plc

Press Releases : NICO Holdings plc

Quotes and Performance

Price Extremes

Managers and Directors : NICO Holdings plc

Other Life & Health Insurance

Financials

Company Profile

Quotes

1 week	-0.07%
Current month	-0.48%
1 month	-0.56%
3 months	-17.51%
6 months	-20.61%
Current year	-22.70%

1 week	1,342.37	1,343.33
1 month	1,342.37	1,348.85
Current year	1,342.37	1,737.96
1 year	1,342.37	1,740.02
3 years	149.84	1,740.02
5 years	46.73	1,740.02
10 years	10	1,740.02

Manager	Title	Age	Since
Vizenge Kumwenda CEO	Chief Executive Officer	64	2016-01-30
Louis Sibande DFI	Director of Finance/CFO	52	2020-02-29
Cyril Maseya CTO	Chief Tech/Sci/R&D Officer	-	-

Director	Title	Age	Since
Sangwani Hara BRD	Director/Board Member	-	2010-05-31
Vizenge Kumwenda BRD	Director/Board Member	64	2004-12-31
Robert Scharar BRD	Director/Board Member	76	-

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5-day change	1-year change	3-year change	Capi.($)
NICO HOLDINGS PLC	0.00%	-0.07%	-22.85%	+723.50%	807M
PING AN INSURANCE (GROUP) COMPANY OF CHINA, LTD.	-0.04%	+4.69%	-6.73%	+15.01%	143B
AXA	+1.61%	-0.25%	+9.60%	+56.14%	102B
AIA GROUP LIMITED	+1.14%	+0.47%	+2.86%	+7.17%	99.22B
GENERALI	+0.50%	+2.65%	+32.28%	+131.65%	77.43B
MANULIFE FINANCIAL CORPORATION	-0.40%	+1.62%	+40.97%	+139.10%	71.13B
METLIFE, INC.	+0.27%	+2.30%	+18.62%	+53.56%	61.33B
AFLAC INCORPORATED	-0.05%	+0.39%	+9.04%	+56.07%	58.42B
GREAT-WEST LIFECO INC.	+1.54%	+1.85%	+66.14%	+131.15%	58.23B
CATHAY FINANCIAL HOLDING CO., LTD.	+2.93%	+4.98%	+71.54%	+129.10%	48.87B
Average	+0.75%	+1.73%	+22.15%	+144.24%	72.04B
Weighted average by Cap.	+0.73%	+1.64%	+20.44%	+69.10%

	2024	2025
Net sales	505B 291M 251M 235M 215M 404M 27.81B 406M 2.79B 1.09B 14.04B 1.09B 1.07B 46.55B	886B 511M 440M 413M 377M 710M 48.83B 712M 4.9B 1.91B 24.65B 1.92B 1.88B 81.72B
Net income	72.01B 41.52M 35.78M 33.54M 30.62M 57.68M 3.97B 57.87M 398M 155M 2B 156M 152M 6.64B	168B 96.77M 83.38M 78.18M 71.37M 134M 9.25B 135M 928M 362M 4.67B 363M 355M 15.48B
Net Debt	-73.49B -42.37M -36.51M -34.23M -31.25M -58.87M -4.05B -59.06M -406M -158M -2.04B -159M -156M -6.78B	-76.66B -44.2M -38.08M -35.71M -32.6M -61.41M -4.22B -61.6M -424M -165M -2.13B -166M -162M -7.07B