Sterling Bank has said it is targeting to achieve N34.94bn Gross Earnings for the first quarter of 2021.
Its projection for profit before tax is N2.275 billion and N2.093 billion is projected for profit after tax during the period.
Sterling Bank in the third quarter of 2020 reported a Gross Earnings of N106 billion, down by 3.28% from N109.66 billion in 2019.
Profit after tax in the nine months period declined by 2.77% to N7.369 billion from N7.579 billion reported in 2019. Earnings per share for Q3’20 was 26 kobo.