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Home Business News

Sterling Bank gross earnings hits N152 billion in FY 2018

Onome Ohwovoriole by Onome Ohwovoriole
March 29, 2019
in Business News, Company News
Sterling Bank
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Sterling Bank has released its audited full-year 2018 results. Here are highlights of the results
Gross Earnings
Gross earnings increased from N133 billion in 2017 to N152 billion in 2018.
Profit before tax
Profit before tax rose from N8.1 billion in 2017 to N9.4 billion in 2018.
Profit after tax
Profit after tax also rose from N8 billion in 2017 to N9.2 billion in 2018.
Earnings per share
Earnings per share rose from N0.28 in 2017 to N0.32 in 2018.
STERLING BANK FY 2018 RESULTS

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Tags: FY 2018 resultsSterling bank
Onome Ohwovoriole

Onome Ohwovoriole

Onome Ohwovoriole has a degree in Economics and Statistics from the University of Benin and prior to joining Nairametrics in December 2016 as Lead Analyst had stints in Publishing, Automobile Services, Entertainment and Leadership Training. He covers companies in the Nigerian corporate space, especially those listed on the Nigerian Stock Exchange (NSE). He also has a keen interest in new frontiers like Cryptocurrencies and Fintech. In his spare time, he loves to read books on finance, fiction as well as keep up with happenings in the world of international diplomacy. You can contact him via onome.ohwovoriole@nairametrics.com

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Comments 1

  1. Teingo Inko-Tariah says:
    April 4, 2019 at 10:26 pm

    Incredible! So Sterling bank is not paying dividend for the year 2018. What a shame.

    Reply

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