Sterling Bank Plc declares 15 kobo dividend to shareholders, grows PAT by 28.46% in FY 2022

Sterling Bank Plc has declared a final dividend of 15 kobo to shareholders for the year ended 31 December 2022.

The Audited Report the financial institution shows growth in its top line and bottom line figures.

Gross Earnings of N175.14 billion for the 12 months period, up by 16.64% from N150.15 billion reported the previous year.

Profit after tax grew year on year by 28.46% to N19.3 billion from N15.02 billion reported the previous year.

Earnings per share of Sterling Bank stands at 67 kobo.

At the share price of N1.7, the P/E ratio of Sterling Bank stands at 2.54x with earnings yield of 39.43%.

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