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Home Companies Company News

[Corporate Action] Sterling Bank’s Profit After Tax Rises By 6.85% to N7.5 billion In Q3’2015

Editor by Editor
October 28, 2015
in Company News
[Corporate Action] Sterling Bank’s Profit After Tax Rises By 6.85% to N7.5 billion In Q3’2015
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Sterling Bank released its financial result for the nine months ended 30 September 2015.

The result showed that profit after tax rose by 6.85% from N7 billion in Q3′ 2014 to N7.5 billion in Q3’2015.

See Summary of the result below..

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STERLING BANK Q3 2015Sep-15Sep-14% Change
N’mN’m
Net Interest Income30,16930,393-0.74%
Commission Fees & Other Income20,51718,10513.32%
Operating Expenses-37,145-36,5131.73%
Pre-tax profits8,3048,502-2.33%
Profit After Tax7,5477,0636.85%
Share Price(as at press time) 1.95
Tags: News Review
Editor

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