Stanbic Ibtc FY 2017 profits jump by 64.8% to ₦61 billion

Deprecated: mb_convert_encoding(): Handling HTML entities via mbstring is deprecated; use htmlspecialchars, htmlentities, or mb_encode_numericentity/mb_decode_numericentity instead in /var/www/nairametrics/wp-content/themes/nairametrics/functions.php on line 104

Stanbic Ibtc Holdings today released its financial statements for the year ended December 2017. Gross earnings increased from ₦156 billion in 2016 to ₦212 billion in 2017. Profit before tax also increased from ₦37.2 billion in 2016 to ₦61.1 billion in 2017. Profit after tax jumped massively from ₦28.5 billion in 2016 to ₦48.3 billion in 2017.

 

Stanbic Ibtc Holdings proposed ₦0.50 as final dividend per share.

Here is a copy of the result