company background image
STERLNBANK

Sterling Bank NGSE:STERLNBANK Stock Report

Last Price

₦1.58

Market Cap

₦44.6b

7D

1.9%

1Y

-8.1%

Updated

27 Jan, 2023

Data

Company Financials

STERLNBANK Stock Overview

Sterling Bank Plc provides various commercial banking services primarily to multinational companies, financial institutions, individuals, small businesses, partnerships, and commercial entities in Nigeria.

STERLNBANK fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends2/6

My Notes

New

Notes are coming soon

Sterling Bank Plc Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Sterling Bank
Historical stock prices
Current Share Price₦1.58
52 Week High₦1.75
52 Week Low₦1.32
Beta0.54
1 Month Change13.67%
3 Month Change8.22%
1 Year Change-8.14%
3 Year Change-14.13%
5 Year Change-30.40%
Change since IPO-71.48%

Recent News & Updates

Recent updates

Shareholder Returns

STERLNBANKNG BanksNG Market
7D1.9%1.6%0.3%
1Y-8.1%2.7%10.8%

Return vs Industry: STERLNBANK underperformed the NG Banks industry which returned 2.7% over the past year.

Return vs Market: STERLNBANK underperformed the NG Market which returned 10.8% over the past year.

Price Volatility

Is STERLNBANK's price volatile compared to industry and market?
STERLNBANK volatility
STERLNBANK Average Weekly Movement3.5%
Banks Industry Average Movement4.8%
Market Average Movement4.9%
10% most volatile stocks in NG Market7.9%
10% least volatile stocks in NG Market3.3%

Stable Share Price: STERLNBANK is less volatile than 75% of NG stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: STERLNBANK's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19602,404Abu Suleimanhttps://www.sterling.ng

Sterling Bank 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. The company offers retail and consumer banking, and trade services; corporate, investment, and non-interest banking services; and wholesale banking services comprising the granting of loans and advances, letter of credit transactions, money market operations, electronic and mobile banking products, and other banking activities, as well as issues debt securities to borrow funds.

Sterling Bank Plc Fundamentals Summary

How do Sterling Bank's earnings and revenue compare to its market cap?
STERLNBANK fundamental statistics
Market Cap₦44.63b
Earnings (TTM)₦17.45b
Revenue (TTM)₦102.01b

2.6x

P/E Ratio

0.3x

P/B Ratio

Is STERLNBANK overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
STERLNBANK income statement (TTM)
Revenue₦102.01b
Cost of Revenue₦11.05b
Gross Profit₦90.96b
Other Expenses₦73.51b
Earnings₦17.45b

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.61
Gross Margin89.17%
Net Profit Margin17.11%
Debt/Equity Ratio111.6%

How did STERLNBANK perform over the long term?

See historical performance and comparison

Dividends

6.3%

Current Dividend Yield

16%

Payout Ratio