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Sterling Bank Plc posts profit after tax of N11.2 billion in FY 2020

Sterling Bank Plc released its full-year audited results for the year ended 31st December 2020. Net interest income for the year was N62.15 billion. (-3.9% YoY) Net fees and commission income was N13.09 billion. (-10.4% YoY) Operating income was N89.6 billion. (+2.3% YoY) Total expenses of N69.3 billion. (-2.5% YoY) Profit after tax was N11.2 […]

Chidi Emenike

1 min read

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Sterling Bank Plc released its full-year audited results for the year ended 31st December 2020.

  • Net interest income for the year was N62.15 billion. (-3.9% YoY)
  • Net fees and commission income was N13.09 billion. (-10.4% YoY)
  • Operating income was N89.6 billion. (+2.3% YoY)
  • Total expenses of N69.3 billion. (-2.5% YoY)
  • Profit after tax was N11.2 billion. (+6.04% YoY)
  • Earnings per share of 39 kobo vs 37 kobo YoY.
  • A dividend of 5 kobo was declared.

See link to results.

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Comments 0

  1. Favour chika Azu

    Good

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  2. Favour chika Azu

    Good

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