STANBIC Declares N11.3bn PAT in Q1 2021 Unaudited Results,(SP:N50.00k)


Friday, April 23, 2021 07:50 PM /Nigerian Exchange Group / Header Image Credit: Stanbic IBTC Holdings Plc


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Stanbic IBTC Holdings Plc released its Q1 2021 Unaudited results for the period ended March 31st, 2021.

Key Highlights

  • Gross Earnings declined by -26% to N46bn from N61bn in the previous quarter.
  • Profit before tax declined by 50% to N12bn.
  • Profit after tax declined by 45% to N11bn.
  • Net Assets grew by 1.3% from N379bn to N384bn.

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