By InvestAdvocate

Lagos (INVESTADVOCATE)-Nigeria’s lender, Sterling Bank Plc said on Wednesday its pretax profit for the nine-month period ended September 30, 2015 declined 2.34 percent to N8.304 billion from N8.502 billion recorded a year earlier.

Profit after tax (PAT) of the lender grew 6.86 percent N7.547 billion from N7.063 billion posted the same period of 2014.

Similarly, gross earnings of Skye Bank increased from N73.032 billion in Q3 2014 to N81.811 billion in the review period of 2015, showing an increase of 12.02 percent, according to the bank in a filing with the Nigerian Stock exchange (NSE).

Shares of Sterling Bank at the close of trading on the Nigerian bourse on tuesday climbed up 0.49 percent to N2.05 from N2.04 traded the previous session; gaining 0.01 kobo per share.