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Sterling Financial Holdings Company Plc Stock Price

NGSE:STERLINGNG Community·₦541.2b Market Cap
  • 1 Narratives written by author
  • 8 Comments on narratives written by author
  • 37 Fair Values set on narratives written by author

STERLINGNG Share Price Performance

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-5.85 (-100.00%)
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-5.85 (-100.00%)
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Snowflake Analysis

Solid track record with adequate balance sheet.

1 Risk
2 Rewards

Sterling Financial Holdings Company Plc Key Details

₦301.2b

Revenue

₦15.7b

Cost of Revenue

₦285.5b

Gross Profit

₦203.1b

Other Expenses

₦82.5b

Earnings

Last Reported Earnings
Mar 31, 2026
Next Reporting Earnings
n/a
1.20
94.79%
27.38%
43.7%
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About STERLINGNG

Founded
1960
Employees
3723
CEO
Yemi Odubiyi
WebsiteView website
www.sterling.ng

Sterling Financial Holdings Company Plc provides various commercial banking products and services primarily to multinational companies, financial institutions, individuals, small businesses, partnerships, and commercial entities in Nigeria. It operates through Retail Banking, Commercial Banking, Institutional Banking, Corporate & Investment Banking, Non-Interest Banking, and Special Purpose Vehicle segments. The company offers savings and current accounts; investment products; personal loans; cards; e-channels; business accounts, loan products, business advisory and business digital solutions for SMEs; credit services to large scale enterprises; recurring, discounted certificate, fixed, and call deposits; and importers financing, invoice discount facility, letter of credit, and overdraft services. The company offers retail and consumer banking, and trade services; corporate, investment, and non-interest banking services; and wholesale banking services comprising the granting of loans and advances, letter of credit transactions, money market operations, electronic and mobile banking products, and other banking activities, as well as issues debt securities to borrow funds and solutions, and guided by Islamic economics. It operates a network of branches and cash centers. Sterling Financial Holdings Company Plc was founded in 1960 and is headquartered in Lagos, Nigeria.

Recent STERLINGNG News & Updates

Narrative Update May 21

Sterling Financial Holdings Company Plc – Proposed $400 Million Capital Raise and Share Reconstruction

Transaction Overview Analyst: Qudus Adebara (Research Analyst, DLM Securities) Sterling Financial Holdings Company Plc (“Sterling Financial Holdings” or “the Group”) has announced plans to seek shareholder approval at its upcoming Annual General Meeting (AGM) scheduled for June 9, 2026 , to raise up to $400 million in fresh capital as part of efforts to strengthen its balance sheet, support growth initiatives, and optimize its capital structure. The proposed fundraising will be presented alongside additional resolutions involving: Share consolidation Capital reduction Share reconstruction reserve creation Amendments to the Company’s Memorandum and Articles of Association The proposed capital raise is without prejudice to the previous fundraising authorization obtained at the Company’s AGM held on July 11, 2025.
Narrative Update May 19

Delivers Strong FY 2025 Earnings Growth Driven by Expanding Interest Income, Strong Trading Gains, and Improved Fee-Based Income

Sterling Financial Holdings Company Plc Delivers Strong FY 2025 Earnings Growth Driven by Expanding Interest Income, Strong Trading Gains, and Improved Fee-Based Income Despite Rising Credit Costs Executive Summary Analyst: Qudus Adebara (Research Analyst, DLM Capital Group) Sterling Financial Holdings Company Plc recorded a robust financial performance for the year ended 31 December 2025, supported by strong growth in interest income, improved non-interest revenue, and resilient core banking operations. Group Profit After Tax (PAT) rose 75% YoY to ₦76.3 billion, driven by higher earning asset yields, strong treasury income, and improved fee generation.

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