STERLNBANK Declares N10.6bn PAT in 2019 Audited Results, Proposes N0.03K Final Div(SP:N1.08k)

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Thursday, March 26, 2020 / 6:17 PM / By NSE / Header Image Credit: Entrepreneurs NG


Sterling Bank Plc released its 2019 Audited results for the period ended December 31st, 2019.


Key Highlights

  • Gross Earnings grew by 1% to N150bn from N149bn in the previous quarter.

  • Profit before tax grew by 12.5% to N10.7bn.

  • Profit after tax grew by 15% to N10.6bn.

  • Net Assets also grew by 22.2% to N120bn from N98bn.

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