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Home Companies Company News

[Corporate Action] Stanbic Ibtc’s PAT Drops By 46% to N13 billion In Q3’2015

Editor by Editor
October 29, 2015
in Company News
Stanbic IBTC
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StanbicIbtc Holdings released its financial results for the nine months ended 30 September 2015.

The result showed that Net interest income reduced by 5% from N34 billion in Q3’2014 to N34 billion in Q3’2015.

Pre-tax Profits also reduced by 48% from N30 billion in Q3’2014 to N15 billion in Q3’2015.

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See Summary of result below..

STANBIC IBTC HOLDINGS PLC Q3 2015Sep-15Sep-14% Change
N’mN’m
Net Interest Income32,92934,712-5.14%
Commision Fees & Other Income29,54028,5813.36%
Operating Expenses-46,397-44,7003.80%
Pre-tax profits15,36730,016-48.80%
Profit After Tax13,56225,261-46.31%
Share Price(as at press time)

DOWNLOAD RESULT

Tags: News ReviewStanbic IBTC
Editor

Editor

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