Stanbic IBTC in its published Fourth Quarter report for the year ended 31 December 2020 reported a Gross Earnings of N234.446 billion, slightly up by 0.27% from N233.808 billion reported in 2019.
The Holding company reported a profit after tax of N83.211 billion, up by 10.9% from N75.035 post tax profit reported the previous year.
Earnings per share (EPS) increased to N7.49 from the EPS of N6.76 in 2019, and that translates to 10.90% growth year on year.
At the share price of N45, the P.E ratio of Stanbic IBTC stands at 6.01x with earnings yield of 16.65%.