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Home Companies Corporate Press Releases

Sterling Bank reports 6% drop in profit (2017 H1)

Research Team by Research Team
August 1, 2017
in Corporate Press Releases
Why We Are Worried That Sterling Bank Chickened Out Of Buying Keystone Bank?
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Sterling Bank released its condensed interim financial results for the period ended 30 June 2017 ; See below

 

Interest income N’m

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2017 6 Months | 49,797

2016 6 Months | 41,541

%age Change| 20%

 

Pre Tax  Profit N’m

2017 6 Months| 4,305

2016 6 Months| 4,381

%age Change| -2%

 

Profit after Tax N’m

2017 6 Months|  3,773

2016 6 Months| 4,021

%age Change| -6%

 

EPS (Kobo)

2017 6 Months| 13k

2016 6 Months| 14k

%age Change| -7%

 

This result was officially released on the 1st of August.

Download (PDF, 1.13MB)

Tags: Nigerian Company ResultsSterling Bank Plc
Research Team

Research Team

The Research Team at Nairametrics meticulously monitors, gathers, curates, and administers an extensive repository of both macroeconomic and microeconomic data originating from Nigeria and across Africa. Utilizing a variety of presentation formats—including documents, tables, and charts—our analysts disseminate key findings through the Nairametrics platform. Additionally, we regularly release insightful, research-driven articles that offer in-depth analyses of economic trends and indicators.

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