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Sterling's Profit Doubles on Strong Gross Earnings in 2025

Business1 min read
Sterling's Profit Doubles on Strong Gross Earnings in 2025

Sterling Financial Holdings Company PLC reported a significant increase in profit, with net income growing by 127% year-on-year to N62.3 billion by the end of September 2025. The company's gross earnings rose by 44.1%, reaching N341.7 billion, supported by a solid performance in interest and non-interest income.

With a healthy balance sheet and a total asset increase to N4.09 trillion, Sterling demonstrated its capacity for future expansion and sustained growth. Yemi Odubiyi, the Group Chief Executive, highlighted the success of the company's disciplined risk management, innovative product delivery, and focus on driving real economic impact.

Plus234Feed summary based on reporting from Business Day. Read the original report below.

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