STANBIC Declares N20.6bn PAT in Q1 2020 Result; (SP:N28.50k)

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Monday, April 27, 2020 / 02:58 PM / NSE / Header Image Credit: Leadership Conversations


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Stanbic IBTC Holdings Plc released its Q1 2020 Unaudited results for the period ended March 31st, 2020.


Key Highlights

  • Gross Earnings grew by 4.6% to N61bn from N59bn in the previous quarter.

  • Profit before tax grew by 3.8% to N24bn.

  • Profit after tax grew by 7.6% to N20.6bn.

  • Net Assets grew by 6.1% to N321bn from N302bn.

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