Is there hidden value in Nigeria's Stanbic IBTC?

Stanbic IBTC is Nigeria’s best-performing bank stock. Its share price has climbed 40.5% this year and 55.4% over the past twelve months. Is it nearing the end of its run? Or is the market offering investors a discount to the bank’s real worth?
Here, Godfrey Mwanza, CFA shows us how he values the company.

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