STANBIC Declares N75.04bn PAT in 2019 Audited Results, Proposes N2 Final Dividend,(SP:N32.50K)

Thursday,  March 05, 2020 / 1:23 PM / NSE / Header Image Credit: Stanbic IBTC

Stanbic IBTC Holdings Plc released its 2019 Audited results for the period ended December 31st, 2019.

Key Highlights

• Gross Earnings grew by 5.1% to N234bn from N222bn in the previous quarter.

• Profit before tax grew by 3.1% to N91bn.

• Profit after tax grew by 0.8% to N75bn.

• Net Assets also grew by 26.1% to N302bn from N240bn.

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