Chai! Na wetin we dey hear today? Sterling Financial Holdings no dey carry last as dem don drop dem audited financial results wey show say dem profit don jam 99% increase. E don waka reach ₦90.7 billion, na big deal o!
Dis report wey dem publish for Nigerian Exchange show say 2025 na year of glory for dem. Gross earnings sweet like sugar, e don rise 46% year-on-year, reach N476.5 billion. Na two engines dey drive dis growth – interest income and fee-based revenue, no be small thing!
Yemi Odubiyi, wey na the Group Chief Executive, talk say, “Our performance for 2025 don prove say our Group structure strong well well. E mean say our diversified financial services dey work, both conventional and non-interest banking dey deliver beta value.” Na serious gists be this!
Total Assets don expand by 11%, as dem close 2025 with N3.92 trillion. Customer deposits rise 18% to reach N2.98 trillion, dem show say people still dey trust dem. Cost-to-income ratio wey dey measure how dem dey run business don fall from 72% for 2024 go 63% for 2025, now na positive movement!
As dem dey shine, Shareholders’ Funds don increase by 39%, reach N424.0 billion. E get one major highlight for di report, wey be say di company don don comply with Central Bank of Nigeria new capital requirements ahead of time. Dem don raise capital wey include N88 billion public offer to boost di capital structure before di March 2026 deadline.
Odubiyi no fit hide him joy, him say, “We dey grateful to our shareholders and di investing public for di confidence wey dem show us, especially as we don successfully carry out our public offer. Dis capital injection no be just to satisfy regulation, e go give us power to expand.” Wow, na so dem dey plan go big!
As we dey look towards di future, Sterling HoldCo dey position demself as big player for di 2026 fiscal year. Dem dey invest heavily for digital infrastructure and customer-centric services. Dis one go help dem waka far for market!
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