Sterling Bank posts higher profit for 2015, to pay 9kobo dividend

Sterling Bank posts higher profit for 2015, to pay 9kobo dividend

Monday, March 21, 2016 3:28 pm


Yemi Adeola: CEO Sterling Bank

Yemi Adeola: CEO Sterling Bank

Sterling Bank has reported a higher gross earnings N110.1 billion in the 2015 financial year, more than the  N103.7 billion made in 2014.

The company’s PBT and PAT also increased. PBT was N11.01 billion last year, in contrast to N10.747 in 204. Similarly PAT saw a jump from N9 billion in 2014 to N10.29 billion last year.

 

 

The bank is proposing approval of 9 kobo  Dividend  to the AGM scheduled for 19 April in Lagos.

The dividend will be paid same day.

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