Stanbic IBTC Holdings Plc reports N182.87bn profit in Q3 2024

Stanbic IBTC Holdings Plc recently published its Third Quarter report for the period ended 30, September, 2024.

The Group achieved Gross Earnings of N650.703 billion for the 9 months period, up by 95.49% from N332.855 billion.

Profit after tax grew year on year by 67.39% to N182.87 billion from N109.25 billion reported the previous year.

Earnings per share of Stanbic IBTC Holdings stands at N14.11.

At the share price of N61, the P/E ratio of Stanbic IBTC Holdings stands at 4.32x with earnings yield of 23.14%.

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