STANBIC Releases Q1'19 Results; Declares N19.15bn PAT in Q1 (SP:N47.00k)


Monday, April 29 2019 / 09:20 AM / NSE  

Today, Stanbic IBTC Bank Plc released its unaudited first quarter results for the period ended March 31, 2019.


Key Highlights

Gross Earnings grew by +2.3% to N58.69bln from N57.38bln in the previous quarter.

PBT declined by 11.9% to N23.50bln

PAT declined by 17.0% to N19.15bln

Net Assets also grew by 9.8% to N263.04bln from N239.66bln as at 31st December, 2018.


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