STANBIC Declares N75.04bn PAT in Q4 2019 Results, (SP:N41:50k)


Wednesday, January 29, 2020 / 9:14 PM / NSE / Header Image Credit: THISDAYLIVE

Stanbic IBTC Holdings Plc released its Q4 2019 results for the period ended December 31st, 2019.

Key Highlights

  • Gross Earnings grew by 5.1% to N233.8bn from N222.4bn in the previous quarter.

  • Profit before tax grew by 3.1% to N90.9bn.

  • Profit after tax grew by 0.8% to N75.04bn.

  • Net Assets also grew by 10.6% to N1.6trn from N1.4trn.

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