Sterling Bank Earnings Release for FY 2014
STERLING BANK PLC RELEASES IFRS AUDITED RESULTS FOR THE YEAR ENDED DECEMBER 31, 2014 Grows Top line Earnings by 13% to N103.7 Billion Lagos, March 25, 2015 – Sterling Bank Plc (NSE: STERLNBANK / Reuters: STERLNB.LG /Bloomberg: STERLNBA:NL) – the ‘Bank’ – a full service national commercial bank releases its audited results for the year […]
Sterling Bank PLC Private Placement Records 96% Subscription Rate
STERLING BANK PLC RC 2392 Announces the result of the PRIVATE PLACEMENT OF 7,471,698,113 ORDINARY SHARES OF 50 KOBO EACH AT ₦2.65 PER SHARE With respect to the Placement Memorandum dated December 22, 2014 • One (1) application for 7,197,604,531 Ordinary Shares of 50 Kobo each at ₦2.65 per share was received in respect of the […]
Sterling Bank PLC Releases IFRS Unaudited Results for the Third Quarter Ended September 30, 2014
Profit Before Tax Rises by 41.3% to N8.5 BillionLagos, October 27, 2014 – Sterling Bank Plc (NSE: STERLNBANK / Reuters: STERLNB.LG /Bloomberg: STERLNBA:NL) – the ‘Bank’ – a full service national commercial bank releases its unaudited results for the quarter ended September 30, 2014. In the Bank’s quarterly update to investors and analysts, Yemi Adeola, […]
Sterling Bank PLC Releases IFRS Unaudited Results for the Second Quarter Ended June, 2014
Top-line Earnings rise by 16% to N48.7 Billion Lagos, July 25, 2014 – Sterling Bank Plc (NSE: STERLNBANK / Reuters: STERLNB.LG /Bloomberg: STERLNBA:NL) – the ‘Bank’ – a full service national commercial bank releases its unaudited results for the quarter ended June 30, 2014. In the Bank’s quarterly update to investors and analysts, Yemi Adeola, the […]
Sterling Bank PLC Releases IFRS Unaudited Results for the First Quarter Ended March, 2014
Profit before Tax rises 17% to N3.5 Billion Lagos, April 22, 2014 – Sterling Bank Plc (NSE: STERLNBANK / Reuters: STERLNB.LG /Bloomberg: STERLNBA:NL) – the ‘Bank’ – a full service national commercial bank releases its unaudited results for the quarter ended March 31, 2014. In the Bank’s quarterly update to investors and analysts, Yemi Adeola, the […]
Sterling Bank\’s Rights Issue: 103.3% Subscribed
STERLING CAPITAL MARKETS LIMITED On behalf of STERLING BANK PLC Announces the result of the allotment of the OFFER BY WAY OF RIGHTS To Existing Shareholders Of 5,888,949,162 Ordinary Shares of 50 kobo each At N2.12 per share With respect to the Rights Circular dated June 17, 2013 A total of 2,773 shareholders applied for 6,084,254,055 […]
Sterling Bank PLC releases Unaudited IFRS Results for the First Quarter Ended March 31, 2013
Profit AFTER Tax rises96% to N2.7 billion Lagos, April 17, 2013– Sterling Bank Plc (NSE: STERLNBANK/ Reuters: STBP.LG) – the ‘Bank’ – a full service national commercial bank releases its unaudited results for the first quarter ended March 31, 2013. Commenting on the results, Yemi Adeola, Managing Director / CEO said: Our first quarter performance was ahead of […]
Sterling Bank PLC Releases IFRS Audited Results for the Year Ended December 31, 2012
Profit Before Tax rises33% to N7.5 billion Lagos, April 03, 2013– Sterling Bank Plc (NSE: STERLNBANK/ Reuters: STBP.LG) – the ‘Bank’ – today reported its audited results for the year ended December 31, 2012. Speaking on the results, Yemi Adeola, Managing Director / CEO said: I am delighted with the Bank’s 2012 performance, given the marked improvement in […]
Sterling Bank PLC Reports IFRS Audited Results for the Year Ended December 31, 2012
Profit Before Tax rises33% to N7.5 billion Lagos, April 03, 2013– Sterling Bank Plc (NSE: STERLNBANK/ Reuters: STBP.LG) – the ‘Bank’ – today reported its audited results for the year ended December 31, 2012. Speaking on the results, Yemi Adeola, Managing Director / CEO said: I am delighted with the Bank’s 2012 performance, given the marked improvement in […]
Sterling Bank PLC Reports IFRS Unaudited Results for the Third Quarter ended September 30, 2012
Gross Earnings rise 93% to N50.7 billion Lagos, October 24, 2012 – Sterling Bank Plc (NSE: STERLNBANK/ Reuters: STBP.LG) – the ‘Bank’ – today reported its unaudited results for the third quarter ended September 30, 2012. Third Quarter Management Statement to Investors by Yemi Adeola, Managing Director / CEO: With the successful integration of ETB, we […]
Sterling Bank PLC Reports IFRS Unaudited Results for the Second Quarter ended June 30, 2012
Pre-Tax Profit Rises 38% to N3.3 billion Lagos, July 26, 2012 – Sterling Bank Plc (NSE: STERLNBANK/ Reuters: STBP.LG) – the ‘Bank’ – today reported its half-year unaudited results for the second quarter ended June 30, 2012. Half Year Management Statement to Investors by Yemi Adeola, Managing Director / CEO: I am pleased to report on […]
Sterling Bank PLC releases Unaudited IFRS Results for the First Quarter Ended March 31, 2012
Gross Earnings Rise 79% to N17.2 billion Lagos, May 10, 2012 – Sterling Bank Plc (NSE: STERLNBANK/ Reuters: STBP.LG) – the ‘Bank’ – today reported its first quarter unaudited results for the period ended March 31, 2012. In the Bank’s quarterly update to investors, Yemi Adeola, the Managing Director/ Chief Executive Officer, stated that: Sterling Bank achieved […]
Sterling Bank 2011 Annual Report is available for download
The 2011 Annual Report of Sterling Bank Plc is available for download here.
Yemi Odubiyi, Chief Strategist at Sterling Bank, discusses Q1 2012 performance on CNBC Africa
In this interview with Uche Okoronkwo of CNBC Africa, Yemi Odubiyi, Chief Strategist at Sterling Bank, sheds light on the bank’s just-released first quarter results, which showed an increase in gross earnings of 49 percent to 45.2 billion naira.
Sterling Bank PLC Releases Audited Results for the Year Ended December 31, 2011
Declares Dividend of 10 kobo Per Share Lagos, April 13, 2012 – Sterling Bank Plc (NSE: STERLNBANK/ Reuters: STBP.LG) – the ‘Bank’ – today reported its full year audited results for the financial year ended December 31, 2011. Speaking on the results, Yemi Adeola, Managing Director/CEO said: The Bank’s performance in 2011 underscores once again our ability […]
Notice of 50th Annual General Meeting
Notice of 50th Annual General Meeting NOTICE IS HEREBY GIVEN that the 5oth Annual General Meeting of Sterling Bank Plc will be held at the Lagoon Restaurant, 1C, Ozumba Mbadiwe Street, Victoria Island, Lagos, on Tuesday, the 15th day of May, 2012 at 11:00 a.m. to transact the following business: ORDINARY BUSINESS To receive the Audited Financial […]
Notice of 50th Annual General Meeting
Achieves 21% growth in Gross Earnings to N28.03 Billion Lagos, October 21, 2011 – Sterling Bank Plc (NSE: STERLNBANK/ Reuters: STBP.LG) – the ‘Bank’ – today released its unaudited results for the first nine months ended 30 September 2011. Commenting on the Bank’s latest results, Yemi Adeola, Group Managing Director/CEO said: In a challenging operating environment […]
Sterling Bank PLC Releases Unaudited Results for the Third Quarter ended 30 September, 2011
Sterling Bank Plc and Equitorial Trust Bank Limited Receive Shareholders’ Approval for Business Combination
At respective court-ordered meetings held today in Lagos, shareholders of Sterling Bank Plc (“SBP”) and Equitorial Trust Bank Limited (“ETB”) approved the combination of both financial institutions. The shareholders’ consent marks the culmination of exclusive talks, which were first disclosed last month after the formal signing of a transaction implementation agreement (TIA). The deal, whose […]
Yemi Odubiyi, Chief Strategist at Sterling Bank, discusses Acquisition of Equitorial Trust Bank on CNBC Africa
In this interview with Wole Famurewa of CNBC Africa, Yemi Odubiyi, Chief Strategist at Sterling Bank Plc, discusses the bank’s recent decision to issue 3 billion new shares as part of its acquisition payment for privately-held Equitorial Trust Bank.
