STERLNBANK • NSE

STERLING BANK PLC.

NGN

Open Price

Previous Close

Today’s Range

Number of Deals

Volume Traded

Value Traded

52 Weeks High

52 Weeks Low

Market Cap

46,064,669,001.60

YTD Price Performance

5.96 %

Sterling Bank Appoints Olatunji Mayaki as Board Chairman, Asue Ighodalo Resigns

Friday, January 5th at 5:29 PM

Sterling Bank Refreshes Doubble and Introduces a Money Market Investment Offering for Customers

November 25th, 2023 at 11:30 AM

GCR Affirms Sterling Bank Limited’s National Scale Long and Short-term Issuer Ratings of BBB(NG)/A3(NG), Outlook Stable

August 20th, 2023 at 10:20 AM

FMDQ Recognizes Access, Sterling and Union Banks as Pioneer Members of the Exchange Traded Derivative Market

July 13th, 2023 at 7:05 AM

Geregu and Sterling in, Wema Bank out as NGX Reveals Results of 2023 Half-Year Review of Market Indices

July 5th, 2023 at 10:13 AM

Sterling Bank States True Position on the ICPC’s Allegation Cornerning its Abuja Regional Office

February 8th, 2023 at 2:51 PM

Moody's Downgrades the Long-Term Deposit Ratings of 9 Nigerian Banks to Caa1 from B3, Changes Outlook to Stable

February 1st, 2023 at 4:06 PM

Sterling Bank Plc Notifies of Dealings in 11.85m Volume of Shares by Mr. Abubakar Suleiman

January 5th, 2023 at 4:19 PM

Sterling Bank Plc to Hold Board Meeting on February 28, 2023; Declares Closed Period

December 30th, 2022 at 12:38 PM

Sterling Bank Plc Notifies of Dealings in 56.8m Volume of Shares by Mr Abubakar Suleiman and Mr Yemi Odubiyi

December 16th, 2022 at 5:22 PM

Key Stats

Shares Outstanding

28,790,418,126.00

Net Assets

165,840.00

Book Value Per Share

5.76

Sector P/E

54.34

EPS

0.00

P/E

0.00

ROE

0.00

Dividend Yield

6.25

About Company

Sterling Bank Plc, which is a full service national commercial bank is licensed by the Central Bank of Nigeria. Its shares trade under the Banking sector of the Nigerian Stock Exchange with the symbol STERLNBANK.

Sector

Financial Services

Sub Sector

Banking

Management

Bukola Awosanya

Femi Jaiyeola

Mojisola Bakare

Gboyega Adegun

Abiodun Aderoju

Shina Atilola

Moronfolu Fasinro

Adebimpe Olambiwonnu

Temitayo Adegoke

Olayinka Oni

Ibidapo Martins

Dayo Orimoloye

Temi Dalley

Cyril Osheku

Kelechi Nwaoba

Address

Phone No

Email Address

Website

Board of Directors

Abubakar Suleiman

Tunde Adeola

Yemi Odubiyi

Raheem Owodeyi

Emmanuel Emefienim

Social Media Accounts

Subsidiary

Company Secretary

Mrs Temitayo Adegoke

End of Accounting Year

31 Dec

Listing Date

17/08/1993

Company Registrar

Pace Registrars Limited

Regulatory Status

Free Float

0.00

Auditor

Deloitte

Shareholding Pattern

Analyst Reports

Q1 2022 Unaudited Financial Statements for the Period ended 31st March 2022 – Sterling Bank Plc

Sterling Bank Plc released its Q1 2022 Unaudited results for the period ended March 31st, 2022. Gross Earnings grew by 23.2% from N30.89bn to N38.05bn. Profit before tax stood at N3.74bn. Profit after tax stood at N3.54bn. Share Price Currently Stands at N1.58k

June 6th, 2022 at 7:33 PM

2021 Audited Financial Statements for the Period ended 31st December 2021 – Sterling Bank Plc

Sterling Bank Plc released its 2021 Audited results for the period ended December 31st, 2021. Gross Earnings grew by 4.8% from N135.84bn to N142.32bn, Profit before tax stood at N14.47bn, Profit after tax stood at N13.52bn, Share Price Currently Stands at N1.49k

April 24th, 2022 at 1:54 AM

Income

Q3, 2023 and Q3, 2022 Financial Performance Comparison

Profit & loss information

Description	Q 3, 2023 N'm	Q 3, 2022 N'm	% Change
Gross Earnings	0.00	0.00	+ 0.00%
Profit Before Tax	17,803.00	0.00	+ 0.00%
Income Tax Expense	-1,317.00	-965.00	+ 36.48%
Taxation	0.00	0.00	+ 0.00%
Profit After Tax	16,486.00	0.00	+ 0.00%
Fixed Assets	26,510.00	17,332.00	+ 52.95%
Total Assets	2,247,965.00	1,805,344.00	+ 24.52%
Customers Deposits	1,523,535.00	1,249,657.00	+ 21.92%
Loans and Advances	0.00	0.00	+ 0.00%
Total Liabilities	2,082,125.00	1,654,995.00	+ 25.81%
Borrowings	193,510.00	124,439.00	+ 55.51%
Cash Flow From Operating Activities	-101,216.00	-27,315.00	+ 270.55%

Income

Description	Q 3, 2023 N'm	Q 2, 2023 N'm	Q 3, 2022 N'm	Q 2, 2022 N'm	Q 1, 2022 N'm
Gross Earnings	0.00	0.00	0.00	0.00	0.00
Gross Premium Written	0.00	0.00	0.00	0.00	0.00
Revenue	151,956.00	0.00	0.00	0.00	0.00
Turnover	0.00	0.00	0.00	0.00	0.00
Interest And Similar Income	118,048.00	76,735.00	89,966.00	59,057.00	30,053.00
Gross Premium Income	0.00	0.00	0.00	0.00	0.00
Cost Of Sales	0.00	0.00	0.00	0.00	0.00

Description	Q 3, 2023 N'm	Q 2, 2023 N'm	Q 3, 2022 N'm	Q 2, 2022 N'm	Q 1, 2022 N'm
Property Plant And Equipment	26,510.00	21,444.00	17,332.00	17,047.00	16,767.00
Fair Value Movements On Equity Instruments	0.00	0.00	0.00	0.00	0.00
Value Through Profit Or Loss	0.00	0.00	0.00	0.00	0.00
Intangible Assets	783.00	818.00	985.00	966.00	958.00
Fair Value Movements On Debt Securities	0.00	0.00	0.00	0.00	0.00
Management Expenses	0.00	0.00	0.00	0.00	0.00
Other Non Current Assets	0.00	0.00	2,814.00	0.00	0.00

Description	Q 3, 2023 N'm	Q 2, 2023 N'm	Q 3, 2022 N'm	Q 2, 2022 N'm	Q 1, 2022 N'm
Cash Flow From Operating Activities	-101,216.00	-56,502.00	-27,315.00	0.00	0.00
Total Premium Received	0.00	0.00	0.00	0.00	0.00
Receipt From Reinsurance Recovery	0.00	0.00	0.00	0.00	0.00
Reinsurance Premium Paid	0.00	0.00	0.00	0.00	0.00
Profit For The Period	0.00	0.00	0.00	8,013.00	3,543.00
Commission Received	0.00	0.00	0.00	0.00	0.00
Claims Recoveries	0.00	0.00	0.00	0.00	0.00

Remark	Date
To consider the Audited Financial Statements of the Bank for the year ended 31st December, 2013	3/4/2014
It proposed that the Audited Financial Statements of the Company for the year ended 31st December 2012 as well as the date and venue of the Annual General Meeting are among items to be considered at the meeting.	2/21/2013

Dividend	Dividend Type	Announement Date	Payment Date	Date
0.10	Final	4/1/2022	6/16/2022	5/30/2022
0.03	Final	3/26/2020	5/20/2020	5/5/2020
0.02		4/16/2018	5/17/2018	4/27/2018
0.09	Final	3/21/2016	4/19/2016	4/4/2016
0.06	Final	3/25/2015	4/30/2015	4/13/2015
0.25	Final	3/26/2014	4/30/2014	4/14/2014
0.20	Final	4/3/2013	5/3/2013	4/15/2013
0.10	Final	4/12/2012	5/18/2012	5/15/2012
0.10				2/9/2009

Bonus	Bonus Type	Announement Date	Payment Date	Date

New Face Value	Old Face Value	Exsplit Date	Announement Date

Book Closure	Address	Announement Date	Date
5/30/2022	MUSON Centre, Marina, Lagos 10am	4/1/2022	6/16/2022
5/5/2020		3/26/2020	5/20/2020
4/30/2018		4/16/2018	5/17/2018
4/4/2016	Eko Hotel & Suites, VI, Lagos	3/21/2016	4/19/2016
4/30/2015	Eko Hotel & Suites, Ademola Adetokunbo thr. V/Island, Lagos	3/25/2015	4/13/2015
4/14/2014	Eko Hotel & Suites, Ademola Adetokunbo thr. V/Island, Lagos	3/26/2014	4/30/2014
4/15/2013	Eko Hotel & Suites, VI, Lagos	4/3/2013	5/2/2013
4/30/2012	Lagoon Rethaurant, VI Lagos at 11.00 a.m.	4/12/2012	5/15/2012
	Golden Gate Rethaurant Ikoyi, Lagos	4/11/2011	5/31/2011
			2/26/2009

Technical Rating

Very Bullish
See details
View historical rating

Moving averages

Billish
Moving averages

Billish
Moving averages crossovers

Natural

Pivot levels

Trend	R1	R2	R3	PP	S1	S2	S3
Classic	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72
Classic	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72
Classic	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72

Note: This is just a sample text, change appropriately.

Moving average

Days
- HTML
- CSS
- JavaScript
5

1,344.77
10

1,344.77
20

1,344.77
50

1,344.77
100

1,344.77
200

1,344.77

Name of chart*

Technical Rating

Very Bullish
See details
View historical rating

Moving averages

Billish
Moving averages

Billish
Moving averages crossovers

Natural

Pivot levels

Trend	R1	R2	R3	PP	S1	S2	S3
Classic	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72
Classic	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72
Classic	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72

Note: This is just a sample text, change appropriately.

Moving average

Days
- HTML
- CSS
- JavaScript
5

1,344.77
10

1,344.77
20

1,344.77
50

1,344.77
100

1,344.77
200

1,344.77

Name of chart*

Technical Rating

Very Bullish
See details
View historical rating

Moving averages

Billish
Moving averages

Billish
Moving averages crossovers

Natural

Pivot levels

Trend	R1	R2	R3	PP	S1	S2	S3
Classic	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72
Classic	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72
Classic	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72

Note: This is just a sample text, change appropriately.

Moving average

Days
- HTML
- CSS
- JavaScript
5

1,344.77
10

1,344.77
20

1,344.77
50

1,344.77
100

1,344.77
200

1,344.77

Name of chart*

Q 2, 2023

Price to book

0.27
Price to sales

0.00
Dividend yield

6.25
Net Debt

186,041.00
Price Earning Including Extra Items

0.00
Price Earning Normalized

0.00
Price To Free Cash Flow

-15,354.89
Price To Tangible Book

0.02

Q 3, 2023

Price to book

0.28
Price to sales

0.30
Dividend yield

6.25
Net Debt

193,510.00
Price Earning Including Extra Items

2.79
Price Earning Normalized

2.60
Price To Free Cash Flow

-2.91
Price To Tangible Book

0.02

Q 2, 2023

Gross Revenue Margin

0.00
Gross Profit Margin

0.00
Net Interest Margin

0.00
Net Profit Margin

0.00
Operating Cash Flow/Revenue

0.00
Operating Profit Margin (%)

0.00
Pretax Margin

0.00

Q 3, 2023

Gross Revenue Margin

100.00
Gross Profit Margin

100.00
Net Interest Margin

0.00
Net Profit Margin

10.85
Operating Cash Flow/Revenue

-10.41
Operating Profit Margin (%)

4.58
Pretax Margin

11.72

Q 2, 2023

Book Value Growth Rate

12.34
Capital Expenditure Growth Rate

0.00
Deposit Growth

21.11
Dividend Growth

233.33
EBITDA

2,858.00
EPS Growth Rate

0.00
Fixed Asset Growth

23.72
Impairment Growth

0.00
Loan Growth

0.00
Net Assets growth

12.34
Net Profit Margin Growth Rate

0.00
Operating Cash Flow

-3.00
Revenue Growth

0.00
Shareholder Fund Growth

12.34
Total Assets Growth

26.86
Total Liabilities Growth

28.17

Q 3, 2023

Book Value Growth Rate

-1.82
Capital Expenditure Growth Rate

0.00
Deposit Growth

0.67
Dividend Growth

233.33
EBITDA

6,954.00
EPS Growth Rate

0.00
Fixed Asset Growth

52.95
Impairment Growth

0.00
Loan Growth

0.00
Net Assets growth

-1.82
Net Profit Margin Growth Rate

0.00
Operating Cash Flow

-15,818.00
Revenue Growth

0.00
Shareholder Fund Growth

-1.82
Total Assets Growth

-1.84
Total Liabilities Growth

-1.85

Q 2, 2023

Book Value per share

5.87
Cash Per Share

0.00
Dividend Per Share

0.10
EPS Basic Excl. Extra Items

0.00
EPS Excl. Extra Items

0.00
EPS Incl. Extra Items

0.00
EPS Normalized

0.00
Revenue Per Share

0.00

Q 3, 2023

Book Value per share

5.76
Cash Per Share

0.00
Dividend Per Share

0.10
EPS Basic Excl. Extra Items

0.57
EPS Excl. Extra Items

0.57
EPS Incl. Extra Items

0.00
EPS Normalized

0.57
Revenue Per Share

5.28

Q 2, 2023

Acid Test Ratio

0.00
Claims Ratio

0.00
Cost to Income Ratio

-5.24
Current Ratio

0.00
Investment Ratio

0.00
Leverage Ratio

1.10
Liquidity Ratio

0.00
Long Term Debt/Equity

1.10
Net Interest Coverage

-2.43
Payout Ratio

0.00
Quick Ratio

0.00
Reserve Ratio

416,199.03
Total Debt/Total Equity

1.10

Q 3, 2023

Acid Test Ratio

0.00
Claims Ratio

0.00
Cost to Income Ratio

-3.23
Current Ratio

0.00
Investment Ratio

0.00
Leverage Ratio

1.17
Liquidity Ratio

0.00
Long Term Debt/Equity

1.17
Net Interest Coverage

-2.38
Payout Ratio

0.17
Quick Ratio

0.00
Reserve Ratio

418,972.13
Total Debt/Total Equity

1.17

Q 2, 2023

Annual % Change in Highest Directors Pay

0.00
Annual % Change in PBT

0.00
Annual % Change in Share Price

14.29
Annual % Change in Staff Cost

0.00
Asset Turnover

0.00
Dividend Payout Ratio

0.00
Highest Directors’ Pay to PBT Ratio

0.00
Highest Directors’ Pay to Revenue Ratio

0.00
Highest Directors’ Pay vs PBT

0.00
Highest Directors’ Pay vs Revenue

0.00
Highest Directors’ Pay vs Staff Cost

0.00
Inventory Turnover

0.00
Net Income/Employee

0.00
Receivables Turnover

0.00
Return on Assets

0.00
Return on Average Assets

0.00
Return on Average Equity

0.00
Return on Equity

0.00
Return on Investment

0.00
Revenue/Employee

0.00
Staff Cost vs PBT

0.00
Staff Cost vs Revenue

0.00

Q 3, 2023

Annual % Change in Highest Directors Pay

0.00
Annual % Change in PBT

0.00
Annual % Change in Share Price

14.29
Annual % Change in Staff Cost

0.00
Asset Turnover

0.07
Dividend Payout Ratio

0.17
Highest Directors’ Pay to PBT Ratio

0.00
Highest Directors’ Pay to Revenue Ratio

0.00
Highest Directors’ Pay vs PBT

0.00
Highest Directors’ Pay vs Revenue

0.00
Highest Directors’ Pay vs Staff Cost

0.00
Inventory Turnover

0.00
Net Income/Employee

0.00
Receivables Turnover

0.00
Return on Assets

0.01
Return on Average Assets

0.01
Return on Average Equity

0.00
Return on Equity

0.00
Return on Investment

0.00
Revenue/Employee

0.00
Staff Cost vs PBT

0.00
Staff Cost vs Revenue

0.00

Price performance

1 week

3.90%

1 month

5.26%

3 months

2.56%

6 months

4.58%

9 months

3.90%

1 years

5.96%

Volume analysis

1 week

1585.95%

1 month

1219.61%

3 months

-50.98%

6 months

397.87%

9 months

62.77%

1 years

490.25%

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