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 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.