…Reinforces Investor Confidence on Sustained Performance
Sterling Financial Holdings Company Plc has announced its unaudited financial results for the nine-month-period ended September 30, 2025, posting an impressive 127% year-on-year growth in profit after tax (PAT) to ₦62.3 billion.
The performance is testament to the Group’s robust earnings capacity, operational efficiency, and disciplined execution.
The Group’s gross earnings rose by 44.1% to ₦341.7 billion (September 2024: ₦237.2
billion), driven by solid performances in both interest and non-interest income lines.
Interest income grew by 38.7% to ₦262.4 billion, supported by an expanded earning asset base, while non-interest income surged by 65.1% to ₦79.2 billion, reflecting the Group’s continued success in diversifying its revenue streams.
Sterling HoldCo maintained a healthy balance sheet, with total assets rising by 15.5% from ₦3.54 trillion in December 2024 to ₦4.09 trillion in September 2025, driven by growth in loans, investment securities, and liquid assets.
Customer deposits also grew by 14.3% to ₦2.88 trillion, while shareholders’ funds increased by 32.9% to ₦405.5
billion, up from ₦305.2 billion in December 2024, highlighting the Group’s solid capital base and its capacity to sustain future expansion.
Commenting on the results, Yemi Odubiyi, Group Chief Executive, Sterling FinancialHoldings Company Plc, said:
“Our performance over the first nine months of 2025 demonstrates the strength and adaptability of our Group structure.
The significant growth in profit after tax underscores the success of our strategy to operate as a diversified financial services Group delivering value through both our conventional, non-interest banking, and asset management subsidiaries.