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.
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
Thank you for your observations.
Is #5.9bln and #8.2bln not the other way like you posted. Pls take a closer look at the original post from the analyst
Please check the figures you quoted again