Sterling Financial Reports Strong Earnings Growth

Sterling Financial Holdings Company PLC has announced its unaudited results for the nine months ended 30 September 2026, showing significant growth in profit before tax. The company reported a 37.1% increase in profit before tax to ₦97.28 billion, reflecting strong performance across its operations.

The Group also saw a rise in profit after tax, which increased by 21.0% to ₦75.37 billion. Alongside this, the company's group assets surpassed ₦5 trillion, indicating a robust balance sheet and expanded equity base.

Sterling Financial's gross earnings rose by 33.2% to ₦454.94 billion, with non-interest income increasing by 27.6% to ₦101.16 billion. This growth was supported by fee-based activities, commodities trading, and joint enterprise investments across the Group’s businesses.