[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