STERLNBANK Declares N11bn PAT in 2020 Audited Results, Proposes N0.5K Final Dividend; (SP:N1.70k)

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Wednesday, March 31,  202/ 9:00PM / NSE / Header Image Credit: Sterling Bank


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Sterling Bank Plc released its 2020 Audited results for the period ended December 31st, 2020.


Key Highlights

  • Gross Earnings declined by -7.5% to N139bn from N150bn in the previous quarter.

  • Profit before tax grew by 15.9% to N12.4bn.

  • Profit after tax grew by 6% to N11.2bn.

  • Net Assets grew by 13.5% from N120bn to N136bn.


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