STERLINGNG Stock Overview
Provides various commercial banking services primarily to multinational companies, financial institutions, individuals, small businesses, partnerships, and commercial entities in Nigeria. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
Sterling Financial Holdings Company Plc Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₦5.00 |
| 52 Week High | ₦8.20 |
| 52 Week Low | ₦3.60 |
| Beta | 0.54 |
| 1 Month Change | 6.16% |
| 3 Month Change | 14.16% |
| 1 Year Change | 11.11% |
| 3 Year Change | 244.83% |
| 5 Year Change | 157.73% |
| Change since IPO | -9.75% |
Recent News & Updates
Recent updates
Shareholder Returns
| STERLINGNG | NG Banks | NG Market | |
|---|---|---|---|
| 7D | 3.1% | 2.9% | 2.5% |
| 1Y | 11.1% | 25.7% | 51.2% |
Return vs Industry: STERLINGNG underperformed the NG Banks industry which returned 25.7% over the past year.
Return vs Market: STERLINGNG underperformed the NG Market which returned 51.2% over the past year.
Price Volatility
| STERLINGNG volatility | |
|---|---|
| STERLINGNG Average Weekly Movement | 7.6% |
| Banks Industry Average Movement | 5.5% |
| Market Average Movement | 6.1% |
| 10% most volatile stocks in NG Market | 8.5% |
| 10% least volatile stocks in NG Market | 3.1% |
Stable Share Price: STERLINGNG's share price has been volatile over the past 3 months compared to the NG market.
Volatility Over Time: STERLINGNG's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of NG stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1960 | 3,042 | Abu Danlami Suleiman | www.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
| STERLINGNG fundamental statistics | |
|---|---|
| Market cap | ₦143.95b |
| Earnings (TTM) | ₦32.54b |
| Revenue (TTM) | ₦165.65b |
4.4x
P/E Ratio0.7x
P/B RatioIs STERLINGNG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| STERLINGNG income statement (TTM) | |
|---|---|
| Revenue | ₦165.65b |
| Cost of Revenue | ₦22.87b |
| Gross Profit | ₦142.78b |
| Other Expenses | ₦110.24b |
| Earnings | ₦32.54b |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
Feb 26, 2025
| Earnings per share (EPS) | 1.13 |
| Gross Margin | 86.19% |
| Net Profit Margin | 19.65% |
| Debt/Equity Ratio | 133.2% |
How did STERLINGNG perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 08:10 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Sterling Financial Holdings Company Plc is covered by 6 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Victor Ndukauba | Afrinvest (West Africa) Limited |
| Demilade Ademuson | ARM Research |
| Jaap Meijer | Arqaam Capital Research Offshore S.A.L. |