Stanbic IBTC Holdings in its unaudited financial report for the period ended, December 31, 2019 reported a Gross Earnings of N233.81 billion, up by 5.15% compared to the gross earnings of N222.36 billion recorded in the corresponding period in 2018.
Profit before Tax grew by 3.15% to close at N90.93 billion from the previous close of N88.15 billion.
Profit after Tax was up by 0.8%, closing the year 2019 at N75.04billion against the previous close of N74.44 billion in 2018.
The Earnings per Share (EPS) of the Holding company stands at N7.14, up by 0.8% from the previous EPS of N7.09.
With reference to the share price of N41.50, the P.E ratio of Stanbic IBTC stands at 5.81x with earnings yield of 17.21%.