Sterling Financial Holdings reports Gross Earnings of N328.35bn in Q4 2024, grows PAT by 73.84%

Sterling Financial Holdings Company Plc on Thursday published its Unaudited Financial Statements for the year ended 31 December 2024.

The Financial Institution reported Gross Earnings (turnover or revenue) of N328.349 billion for the 12 months period, up by 54.21% from N212.923 billion reported the previous year.

Profit after tax (PAT) of N37.522 billion was reported for the 12 months period, up by 73.84% from N21.584 billion profit reported in Q4 2023.

Earnings per share of the Sterling Financial Holdings stands at N1.29

At the share price of N5.84, the P/E ratio of Sterling Financial Holdings stands at 4.53x with earnings yield of 22.09%.

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