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Sterling Financial Holdings NGSE:STERLINGNG Stock Report

Last Price

₦4.29

Market Cap

₦123.5b

7D

7.2%

1Y

45.4%

Updated

17 Jun, 2024

Data

Company Financials

Sterling Financial Holdings Company Plc

NGSE:STERLINGNG Stock Report

Market Cap: ₦123.5b

STERLINGNG Stock Overview

Provides various commercial banking services primarily to multinational companies, financial institutions, individuals, small businesses, partnerships, and commercial entities in Nigeria.

STERLINGNG fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance4/6
Financial Health4/6
Dividends0/6

Sterling Financial Holdings Company Plc Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Sterling Financial Holdings
Historical stock prices
Current Share Price₦4.29
52 Week High₦8.20
52 Week Low₦2.54
Beta0.35
1 Month Change-4.24%
3 Month Change-15.05%
1 Year Change45.42%
3 Year Change166.46%
5 Year Change76.54%
Change since IPO-22.56%

Recent News & Updates

Recent updates

Shareholder Returns

STERLINGNGNG BanksNG Market
7D7.2%1.2%0.5%
1Y45.4%35.8%97.1%

Return vs Industry: STERLINGNG exceeded the NG Banks industry which returned 35.8% over the past year.

Return vs Market: STERLINGNG underperformed the NG Market which returned 97.1% over the past year.

Price Volatility

Is STERLINGNG's price volatile compared to industry and market?
STERLINGNG volatility
STERLINGNG Average Weekly Movement9.6%
Banks Industry Average Movement8.1%
Market Average Movement7.1%
10% most volatile stocks in NG Market10.2%
10% least volatile stocks in NG Market1.3%

Stable Share Price: STERLINGNG's share price has been volatile over the past 3 months.

Volatility Over Time: STERLINGNG's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of NG stocks.

About the Company

FoundedEmployeesCEOWebsite
19603,042Abu Danlami Suleimanwww.sterling.ng

Sterling Financial Holdings Company Plc provides various commercial banking services primarily to multinational companies, financial institutions, individuals, small businesses, partnerships, and commercial entities in Nigeria. It operates through six segments: Retail Banking, Commercial Banking, Institutional Banking, Corporate & Investment Banking, Non-interest Banking, and Special Purpose Vehicle. It 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; investment account, such as fixed and call deposit; and importers financing, invoice discount facility, letter of credit, and overdraft services.

Sterling Financial Holdings Company Plc Fundamentals Summary

How do Sterling Financial Holdings's earnings and revenue compare to its market cap?
STERLINGNG fundamental statistics
Market cap₦123.51b
Earnings (TTM)₦25.04b
Revenue (TTM)₦140.32b

4.9x

P/E Ratio

0.7x

P/B Ratio

Is STERLINGNG overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
STERLINGNG income statement (TTM)
Revenue₦140.32b
Cost of Revenue₦19.11b
Gross Profit₦121.21b
Other Expenses₦96.18b
Earnings₦25.04b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.87
Gross Margin86.38%
Net Profit Margin17.84%
Debt/Equity Ratio152.0%

How did STERLINGNG perform over the long term?

See historical performance and comparison
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