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[Corporate Action] Sterling Bank 2015 Half Year Pre-tax Profits Rise By 1%

Sterling Bank reported its 2015 H1 result, showing pre-tax profits rose marginally by 1% from N5.9bn in 2014 to N6bn in 2015. The profit after tax also rose by 6% from N5bn in 2014 to N5.4bn in 2015. See summary of result below… Sterling Bank Half Year 2015 2014 % Change N’bn N’bn Net Interest Income 19,426 […]

[Corporate Action] Sterling Bank 2015 Half Year Pre-tax Profits Rise By 1%

Sterling Bank reported its 2015 H1 result, showing pre-tax profits rose marginally by 1% from N5.9bn in 2014 to N6bn in 2015. The profit after tax also rose by 6% from N5bn in 2014 to N5.4bn in 2015.

See summary of result below…

Sterling Bank Half Year 2015 2014 % Change
N’bn N’bn
Net Interest Income 19,426 21,823 -10.98%
Commission Fees & Other Income 15,207 11,419 33.17%
Operating Expenses -24,176 -24,073 0.43%
Pre-tax profits 6,055 5,970 1.42%
Profit After Tax 5,425 5,073 6.94%
Current Share Price 2.15  

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