Sterling Financial Holdings Company Plc has released its results for the first quarter ended March 31, 2025, reporting a pre-tax profit of N18.2 billion, a 125.29% increase compared to the same period last year.
The result builds on the company’s full-year 2024 performance, where pre-tax profit stood at N45.8 billion, up from N22.6 billion in 2023.
In the first quarter of 2025, interest income was the key driver of profitability, rising by 41.66% to N78.3 billion from N55.3 billion in the previous year.
