Stanbic IBTC in its nine months financial report for the period ended, September 30, 2019 recorded N176.2 billion as turnover, up by 4.36% from N168.8 billion recorded in the third quarter of 2018.
Profit after tax declined by 7.04%, closing at N55.6 billion from the previous close of N59.8 billion in 2018.
Earnings per share declared to N5.3 from the previous earnings per share of N5.71 in the third quarter of 2018.
With reference to the share price of N37, the P. E ratio of Stanbic IBTC stands at 6.98x with earnings yield of 14.34%.