Sterling HoldCo profit growth hits 99% in 2025, with ₦90.7 billion PBT, 46% earnings rise, and improved efficiency across its diversified financial portfolio

Sterling Financial Holdings Company Plc (Sterling HoldCo) has reported a 99% year-on-year growth in profit before tax (PBT) for the year ended December 31, 2025, continuing its trajectory as one of the fastest-growing financial institutions in the region.

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The Group’s interim, unaudited results reveal gross earnings of ₦476.5 billion, a 46% increase over 2024, supported by both interest and non-interest income streams.

PBT stood at ₦90.7 billion, reflecting improved operational efficiency, with the cost-to-income ratio declining to 63% from 72% in the previous year.

Operational Efficiency and Portfolio Optimisation

The Group recorded a 22% return on equity, driven by strategic income lines, enhanced efficiency, and disciplined capital deployment across its banking and non-banking businesses.

Interest income rose by 43% to ₦369.6 billion, while non-interest income surged 57.3%, bolstered by higher trading income, fees, and commissions.

Total assets grew 11% to ₦3.92 trillion, mainly due to increased lending and investment securities. Customer deposits climbed 18% to ₦2.98 trillion, reflecting heightened customer activity and product adoption.

Shareholders’ funds rose 39% to ₦424.0 billion, strengthening the Group’s capital base.

Digital Investments and Capital Strength

Sterling HoldCo’s strong performance is supported by investments in digital and operational capabilities, enhancing service delivery, cost efficiency, and capacity to manage growing customer volumes while maintaining sound risk controls.

The Group also met the Central Bank of Nigeria’s recapitalisation requirements ahead of the March 2026 deadline, supported by a public offer of over ₦88 billion for Sterling Bank and prior capital injection for The Alternative Bank.

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The Group’s leadership said the robust capital position, rising deposits, and diversified earnings base position Sterling HoldCo to sustain growth, responsibly deploy capital, and support economic activity across its subsidiaries.