STERLNBANK Declares N5.4bn PAT in Q2 2020 Unaudited Results, (SP:N1.19k)

Wednesday, July 29, 2020 / 4:09 PM / NSE / Header Image Credit: Glass Door

Sterling Bank Plc released its Q2 2020 Unaudited results for the period ended June 30th, 2020.

Key Highlights

• Gross Earnings declined by -2.8% to N70bn from N72bn in the previous quarter.

• Profit before tax declined by 5% to N5.7bn.

• Profit after tax declined by 4.4% to N5.4bn.

• Net Assets grew by 7.6% from N120bn to N129bn.

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