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Sterling Bank Plc has released its Q3 2018 interim financial results for the period ended 30th September 2018.

Here are the key highlights of the results:

Revenue

Revenue for the group increased from ₦95 billion in 2017 to ₦115 billion in the year under review. This represents a 21.09%  increase year on year.

Profit Before Tax

Profit Before Tax increased from ₦6.5 billion in 2017 to ₦8.5 billion. This represents a 30.7% increase year on year.

Profit After Tax

Profit After Tax also increased from ₦5. 9 billion in 2017 to ₦8.2 billion. This represents a 38.1% increase year on year.

Earnings Per Share

The Earnings Per Share also increased from 21 kobo in 2017 to 28 kobo in 2018. This represents a 33.3% increase year on year.

Current Share Price

Sterling Bank Plc is currently trading at ₦1.50 in today’s trading session on the floor of the Nigerian Stock Exchange.

DOWNLOAD STERLING BANK Q3 2018 RESULTS 

4 COMMENTS

  1. I am not sure this results are accurate. Sterling bank posting 59 billion PAT in Q3 2017 and 82 billion naira PAT Q3 2018???. Please verify

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