ALERT: Sterling Bank Pre-Tax Profit Drops 27% in 9 Months

Sterling Bank Plc released its 2016 result for the nine months ended 30 September 2016 ; See below

Net operating income after impairment N’m

2016 9 Months| N45,078.77

2015 9 Months | N45,449.63

%age Change|   -1%

Pre-tax profits N’m

2016 9 Months|  N 6,071.09

2015 9 Months| N8,304.13

%age Change|  -27%

EPS (N)

2016 9 Months| 19k

2015 9 Months| 26k

%age Change|   -27%
This result was officially released on the 28th of October 2016.

[gview file=”https://cdn.nairametrics.com/wp-content/uploads/2016/10/STERLING_BANK_PLC_Q3_SEPT_2016_FINANCIAL_STATEMENTS_OCTOBER_2016.pdf”]