Sterling Financial Holdings Company Plc

NGSE:STERLINGNG Stock Report

Market Cap: ₦541.2b

Sterling Financial Holdings Future Growth

Future criteria checks 0/6

We currently don't have sufficient analyst coverage to forecast growth and revenue for Sterling Financial Holdings.

Key information

n/a

Earnings growth rate

n/a

EPS growth rate

Banks earnings growth12.3%
Revenue growth raten/a
Future return on equityn/a
Analyst coverage

None

Last updatedn/a

Recent future growth updates

Recent 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.
Narrative Update • Feb 09

STERLING FINANCIAL HOLDINGS PLC Q3 Result – Strong Earnings Momentum Fueled by Robust Interest Income and Trading Gains

STERLING FINANCIAL HOLDINGS PLC Q3 Result – Strong Earnings Momentum Fueled by Robust Interest Income and Trading Gains Amid Higher Operating Costs Analyst: Qudus Adebara Executive Summary Sterling Financial Holdings Plc delivered a solid performance for the nine months ended September 30, 2025, reporting strong earnings growth driven by improved net interest income, higher fees and commissions, and significant trading and fair-value gains. The Group demonstrated resilience amid tighter macroeconomic liquidity conditions and high inflationary operating costs.
Narrative Update • Nov 02

Sterling Financial Holdings Company Plc – H1 2025 Performance Review

recent valuation
Narrative Update • Aug 07

Sterling Financial Holdings Company Plc – H1 2025 Performance Review

Sterling Bank Legal Victory: Appeal Court Reversal Strengthens Institutional Integrity Sterling Bank’s successful appeal against the Federal High Court’s final forfeiture order involving ₦71 million marks a significant legal and reputational win. The Appeal Court judgment re-establishes Sterling Bank's compliance posture , reaffirms its rights as a licensed financial institution, and restores investor confidence shaken by prior claims of unlawful activity.

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Sterling Financial Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Earnings and Revenue Growth Forecasts

NGSE:STERLINGNG - Analysts future estimates and past financials data (NGN Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/2026301,23282,485-412,411-375,648N/A
12/31/2025278,87876,334-368,603-340,217N/A
9/30/2025272,41978,526-214,565-191,564N/A
6/30/2025245,23369,188-338,397-300,567N/A
3/31/2025212,76853,402-330,565-295,498N/A
12/31/2024192,02443,675-324,102-291,370N/A
9/30/2024165,65032,544-363,901-329,137N/A
6/30/2024149,02327,166-193,739-171,951N/A
3/31/2024140,32025,035-200,809-176,726N/A
12/31/2023127,87021,584-117,891-99,947N/A
9/30/2023125,84622,385-91,114-78,014N/A
6/30/2023122,30821,965-34,831-26,435N/A
3/31/2023113,85719,8089,14015,070N/A
12/31/2022107,96719,298-48,099-42,873N/A
9/30/2022102,00517,449-142,581-136,155N/A
6/30/202296,02515,837-111,071-105,351N/A
3/31/202291,88614,663-28,036-22,872N/A
12/31/202187,30413,515-109,481-104,592N/A
9/30/202185,18313,33816,02218,586N/A
6/30/202181,04311,518-81,923-79,592N/A
3/31/202178,03611,572-96,398-94,299N/A
12/31/202078,62411,242-77,656-75,236N/A
9/30/202080,45110,392-69,601-67,369N/A
6/30/202081,40710,355-37,582-32,320N/A
3/31/202081,9799,427-73,909-67,773N/A
12/31/201981,76510,602N/A-1,519N/A
9/30/201973,9808,591N/A-42,876N/A
6/30/201972,4298,666N/A-45,990N/A
3/31/201972,4559,358N/A-80,546N/A
12/31/201872,9839,218N/A-29,879N/A
9/30/201872,96810,321N/A-93,927N/A
6/30/201869,79710,432N/A-58,422N/A
3/31/201865,9489,244N/A-83,901N/A
12/31/201761,0858,020N/A-133,855N/A
9/30/201756,8595,533N/A-30,534N/A
6/30/201756,1424,944N/A6,231N/A
3/31/201755,4174,498N/A-134,220N/A
12/31/201656,6125,163N/A-147,089N/A
9/30/201660,3038,280N/A-163,349N/A
6/30/201660,9238,888N/A-131,130N/A
3/31/201659,8968,921N/A104,693N/A
12/31/201560,67510,293N/A119,747N/A
9/30/201561,7749,489N/A-70,841N/A
6/30/201561,5469,357N/A-47,507N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if STERLINGNG's forecast earnings growth is above the savings rate (15.5%).

Earnings vs Market: Insufficient data to determine if STERLINGNG's earnings are forecast to grow faster than the NG market

High Growth Earnings: Insufficient data to determine if STERLINGNG's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if STERLINGNG's revenue is forecast to grow faster than the NG market.

High Growth Revenue: Insufficient data to determine if STERLINGNG's revenue is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if STERLINGNG's Return on Equity is forecast to be high in 3 years time

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/09 15:51
End of Day Share Price 2026/06/09 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

Sterling Financial Holdings Company Plc is covered by 3 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.

AnalystInstitution
Demilade AdemusonARM Research
Jaap MeijerArqaam Capital Research Offshore S.A.L.
Gbolahan OlogunroCSL Stockbrokers Ltd