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.
Read full article
Continue on Business Day
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories
Sterling Financial Holdings Records 141% Surge in Pre-Tax Profit to ₦70.9bn in 9 Months of 2025
Sterling Holdco's Public Offer Gains Traction Among Investors in Nigeria
Sterling Holdco Public Offer Gains Momentum, Attracts Investor Interest
Sterling HoldCo Offers Shares to Nigerians: Strategic Move for Financial Growth
Sterling HoldCo's Successful Recapitalization Journey Boosts Investor Trust
Sterling Holdco Launches N87.067bn Public Offer to Meet CBN Requirements
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
