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Nairametrics
Home Business News

Stanbic IBTC Plc gross earnings up 22% to N57 billion in Q1 March 2018

mudeerat olawunmi by mudeerat olawunmi
April 20, 2018
in Business News, Company News, Company Results
Basil Omiyi; Stanbic IBTC Chairman
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Stanbic IBTC Plc has released its financial statements for the period ended Q1 March 31st 2018.

Here are the highlights:

Gross Earnings:

Q1 2017: ₦47,022 billion

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Q1 2018: ₦57,389 billion

%Change: 22%

 

Profit Before Tax:

Q1 2017:  ₦18,626 billion

Q1 2018: ₦26,690 billion

%change: 43%

 

Earnings Per Share:

Q1 2017: 155 kobo

Q1 2018: 223 kobo

%change: 44%

 

Here is a copy of the results.


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Tags: Q1 2018 financial resultStanbic IBTC Plc
mudeerat olawunmi

mudeerat olawunmi

Mudeerat Olawunmi is a graduate of Business Administration with over 5 years experience in online data gathering and analysis. Wunmi is a data analysts at Nairametrics and helps ensure that our readers get some of the most important macro and micro economic data required to help make investing decisions.

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