LAGOS, NIGERIA — Sterling Financial Holdings Company Plc (Sterling HoldCo) has released its audited interim financial results for the year ended December 31, 2025, revealing a massive 99% year-over-year (YoY) growth in Profit Before Tax (PBT).
This performance marks the second consecutive year of triple-digit or near-triple-digit growth, following a 102% PBT increase in 2024.
The results cement Sterling HoldCo’s status as one of West Africa’s most aggressive and efficient financial powerhouses.
The Group’s PBT rose to ₦90.7 billion, driven by a 46% surge in gross earnings which totalled ₦476.5 billion. Beyond top-line growth, the Group demonstrated a significant lean toward operational excellence.
A standout metric in the 2025 report is the Cost-to-Income Ratio, which dropped from 72% in 2024 to 63% in 2025.
This 900-basis-point improvement signals that the Group is successfully scaling its revenue without a proportional increase in expenses.
Sterling HoldCo’s total assets grew by 11% to reach ₦3.92 trillion, fueled by strategic lending and investment portfolios.
Customer Deposits: Rose 18% to ₦2.98 trillion, reflecting high trust in the Group’s retail and corporate offerings.
Interest Income: Increased 43% to ₦369.6 billion, supported by improved investment returns.
Non-Interest Income: Surged by 57.3%, highlighting the success of the Group’s diversification into trading, fees, and commissions.
In a move to fortify its capital base and meet Central Bank of Nigeria (CBN) requirements, Sterling HoldCo successfully grew its Shareholders’ Funds by 39% to ₦424.0 billion.
This was achieved through a combination of organic profit retention and a highly successful ₦88 billion public offer.
“Our 22% return on equity (ROE) is a clear signal that our diversified portfolio, including The Alternative Bank and Sterling Bank, is being optimised effectively,” the Group stated.
All rights reserved. The content on this website, including text and other digital materials, may not be reproduced, published, broadcast, rewritten, or redistributed, in whole or in part, without the express written consent of The News Accelerator Network.
For advertising inquiries, news coverage, or press releases, please get in touch with us at
📧 thenewsacceleratornetwork@gmail.com
📞 08051017159, 08173970030
Kindly follow us on: https://www.facebook.com/thenewsaccelerator
You can also subscribe to our YouTube channels here: UCVELRC3WinKZ7tdmhmZaRmQhttps://www.youtube.com/channel/sub_confirmation=1
Post a Comment