Sterling Financial Holdings Company Plc

NGSE:STERLINGNG Stock Report

Market Cap: ₦115.2b

Sterling Financial Holdings Past Earnings Performance

Past criteria checks 4/6

Sterling Financial Holdings has been growing earnings at an average annual rate of 21.8%, while the Banks industry saw earnings growing at 36.1% annually. Revenues have been growing at an average rate of 13% per year. Sterling Financial Holdings's return on equity is 14.9%, and it has net margins of 17.8%.

Key information

21.8%

Earnings growth rate

21.8%

EPS growth rate

Banks Industry Growth30.4%
Revenue growth rate13.0%
Return on equity14.9%
Net Margin17.8%
Last Earnings Update31 Mar 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Sterling Financial Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NGSE:STERLINGNG Revenue, expenses and earnings (NGN Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 24140,32025,03535,9050
31 Dec 23127,87021,58430,1810
30 Sep 23125,19521,73059,3900
30 Jun 23121,65721,31054,0320
31 Mar 23113,85719,80825,6990
31 Dec 22107,96719,29823,2200
30 Sep 22102,00517,44955,8380
30 Jun 2296,02515,83746,0930
31 Mar 2291,88614,66345,3560
31 Dec 2187,30413,51543,6380
30 Sep 2185,18313,33842,3670
30 Jun 2181,04311,51840,7440
31 Mar 2178,03611,57239,4720
31 Dec 2078,62411,24240,8050
30 Sep 2080,45110,39243,5950
30 Jun 2081,40710,35542,2360
31 Mar 2081,9799,42745,0130
31 Dec 1981,76510,60245,7110
30 Sep 1973,9808,59134,7230
30 Jun 1972,4298,66638,2660
31 Mar 1972,4559,35838,4940
31 Dec 1872,9839,21839,7510
30 Sep 1872,96810,32142,9000
30 Jun 1869,79710,43239,5840
31 Mar 1865,9489,24436,3730
31 Dec 1761,0858,02033,0940
30 Sep 1756,8595,53332,5900
30 Jun 1756,1424,94433,5850
31 Mar 1755,4174,49833,2050
31 Dec 1656,6125,16333,7370
30 Sep 1660,3038,28038,3420
30 Jun 1660,9238,88838,1740
31 Mar 1659,8968,92138,2290
31 Dec 1560,67510,29337,9840
30 Sep 1561,7749,48968,9200
30 Jun 1561,5469,35739,9210
31 Mar 1562,3809,78050,0360
31 Dec 1461,3579,00540,7140
30 Sep 1459,16910,26412,9610
30 Jun 1454,5687,42644,8700
31 Mar 1452,6828,68912,9610
31 Dec 1349,3248,27531,6360
30 Sep 1346,6627,53512,6040

Quality Earnings: STERLINGNG has high quality earnings.

Growing Profit Margin: STERLINGNG's current net profit margins (17.8%) are higher than last year (17.4%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: STERLINGNG's earnings have grown significantly by 21.8% per year over the past 5 years.

Accelerating Growth: STERLINGNG's earnings growth over the past year (26.4%) exceeds its 5-year average (21.8% per year).

Earnings vs Industry: STERLINGNG earnings growth over the past year (26.4%) did not outperform the Banks industry 190.3%.


Return on Equity

High ROE: STERLINGNG's Return on Equity (14.9%) is considered low.


Return on Assets


Return on Capital Employed


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