STANBIC Declares N83bn PAT in 2020 Audited Results, Proposed 360K Final Dividend; (SP:N44.05k)


Wednesday, March 24, 2021 /  3:44 PM / By NSE / Header Image Credit: Stanbic IBTC Holdings 

Stanbic IBTC Holdings Plc released its 2020 Audited results for the period ended December 31st, 2020.

Key Highlights

  • Gross Earnings grew by 0.3% to N234bn from N234bn in the previous quarter.

  • Profit before tax grew by 95% to N91bn.

  • Profit after tax grew by 11% to N83bn.

  • Net Assets grew by 25% from N302bn to N379bn.

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