STERLNBANK Declares N11.7bn PAT in Q4 2020 Unaudited Results, (SP:N1.94k)

Wednesday February 03,  2021 / 4:06 PM / NSE / Header Image Credit: Umaizi

Sterling Bank Plc released its Q4 2020 Unaudited results for the period ended December 31st, 2020.

Key Highlights

• Gross Earnings declined by -3.9% to N144bn from N150bn in the previous quarter.

• Profit before tax grew by 18% to N12.6bn.

• Profit after tax grew by 10.3% to N11.7bn.

• Net Assets grew by 11.7% from N120bn to N134bn.

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