Stanbic IBTC Holdings Plc has disclosed its unaudited financial statement for the full-year period that ended in December 2019. Nairametrics hereby brings you a summary of the report.
Gross Earnings: The company reported gross earnings of N233.8 billion for the 12-month period, marking an increase a 5.1% increase when compared to N222.3 billion in FY 2018. Interest income also increased by 1.7 % to N120.4 billion LAST, up from N118.3 billion last year.
Profit Before Tax: This stood at N90.9 billion during the period under review. In FY 2018, Stanbic IBTC Holdings Plc reported a PBT of N88.1 billion, indicating that there was a 2.3% increase.
Profit After Tax: The company’s profit for FY 2019 is N75 billion, representing a 0.8% increase when compared to N74.4 billion during the comparable period in 2019.
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Earnings per share is N6.92 compared to N7.04 in 2018. The company’s stock ended trading on the NSE today at N41.50.
You may download the full financial report here.
