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.
See Summary of result below..
| STANBIC IBTC HOLDINGS PLC Q3 2015 | Sep-15 | Sep-14 | % Change |
| N’m | N’m | ||
| Net Interest Income | 32,929 | 34,712 | -5.14% |
| Commision Fees & Other Income | 29,540 | 28,581 | 3.36% |
| Operating Expenses | -46,397 | -44,700 | 3.80% |
| Pre-tax profits | 15,367 | 30,016 | -48.80% |
| Profit After Tax | 13,562 | 25,261 | -46.31% |
| Share Price(as at press time) |
