Sterling Financial Holdings Company Plc

NGSE:STERLINGNG Stock Report

Market Cap: ₦155.5b

Sterling Financial Holdings Past Earnings Performance

Past criteria checks 4/6

Sterling Financial Holdings has been growing earnings at an average annual rate of 24.6%, while the Banks industry saw earnings growing at 46.3% annually. Revenues have been growing at an average rate of 15.5% per year. Sterling Financial Holdings's return on equity is 15.7%, and it has net margins of 19.6%.

Key information

24.6%

Earnings growth rate

24.6%

EPS growth rate

Banks Industry Growth30.4%
Revenue growth rate15.5%
Return on equity15.7%
Net Margin19.6%
Next Earnings Update26 Feb 2025

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
30 Sep 24165,65032,54443,9800
30 Jun 24149,02327,16639,6880
31 Mar 24139,11225,03434,6980
31 Dec 23127,87021,58430,1810
30 Sep 23125,84622,38523,3560
30 Jun 23122,30821,96529,7740
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

Quality Earnings: STERLINGNG has high quality earnings.

Growing Profit Margin: STERLINGNG's current net profit margins (19.6%) are higher than last year (17.8%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: STERLINGNG's earnings have grown significantly by 24.6% per year over the past 5 years.

Accelerating Growth: STERLINGNG's earnings growth over the past year (45.4%) exceeds its 5-year average (24.6% per year).

Earnings vs Industry: STERLINGNG earnings growth over the past year (45.4%) did not outperform the Banks industry 120.2%.

Return on Equity

High ROE: STERLINGNG's Return on Equity (15.7%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/21 00:21
End of Day Share Price 2025/01/21 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 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.

AnalystInstitution
Victor NdukaubaAfrinvest (West Africa) Limited
Demilade AdemusonARM Research
Jaap MeijerArqaam Capital Research Offshore S.A.L.