July 27, 2017/InvestmentOne Research

Sterling Bank released its Q2 2017 results earlier today.

Please find key highlights of the Q2 2017 results below:

·         Net interest income of N13.4bn, down -0.7% q/q; -5.6% y/y

·         Profit before tax of N2.3bn, up +13.4% q/q; +46.3% y/y

·         Profit after tax of N1.9bn, up +2.7% q/q; +30.4% y/y

Please click to download a copy of the financial statements.