April 25, 2025/CSL Research

Strong start to the year.

Financial Highlights:

• Interest Income: +55.8% y/y to N115.80BN
• Interest Expense: -21.4% y/y to N38.90BN
• Total Operating Income: +46.9% y/y to 138.24BN
• Cost to Income Ratio: -514bps y/y to 49.5%
• Profit before Tax: +85.6% y/y to N62.71BN

Stock Rating: UR

To read the full report, click on the link below​​

​Stanbic IBTC Holdings Q1 2025 Earnings Quick take .pdf​​​​​​​​​​​​​​​​​​​​​​​

​​​​​​​Kind Regards,