Sterling Financial Holdings Company Plc

NGSE:STERLINGNG Stock Report

Market Cap: ₦110.8b

Sterling Financial Holdings Balance Sheet Health

Financial Health criteria checks 4/6

Sterling Financial Holdings has total assets of NGN3,016.4B and total equity of NGN168.3B. Total deposits are NGN2,280.1B, and total loans are NGN1,064.3B.

Key information

17.9x

Asset to equity ratio

n/a

Net interest margin

Total deposits

₦2.28t

Loan to deposit ratio

Appropriate

Bad loans

5.1%

Allowance for bad loans

Low

Current ratio

Low

Cash & equivalents

₦383.71b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: STERLINGNG's Assets to Equity ratio (17.9x) is moderate.

Allowance for Bad Loans: STERLINGNG has a low allowance for bad loans (65%).

Low Risk Liabilities: 80% of STERLINGNG's liabilities are made up of primarily low risk sources of funding.

Loan Level: STERLINGNG has an appropriate level of Loans to Assets ratio (35%).

Low Risk Deposits: STERLINGNG's Loans to Deposits ratio (47%) is appropriate.

Level of Bad Loans: STERLINGNG has a high level of bad loans (5.1%).


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