Sterling Financial Holdings Company has announced strong financial results for the 2025 financial year and the first quarter of 2026, recording significant growth in earnings, profitability, and total assets.
According to the Group’s audited FY2025 results and unaudited Q1 2026 performance, Gross Earnings for 2025 rose by 44.4 per cent to ₦486.8 billion, while Profit Before Tax increased by 89.2 per cent to ₦86.8 billion. Profit After Tax also climbed by 74.8 per cent to ₦76.3 billion.
The Group’s balance sheet expanded during the period, with Total Assets reaching ₦3.91 trillion, Customer Deposits rising to ₦2.98 trillion, and Loans and Advances standing at ₦1.41 trillion. Shareholders’ Funds also grew by 40.5 per cent to ₦428.7 billion.
In the first quarter of 2026, Sterling Financial crossed the ₦4 trillion asset mark for the first time, as Total Assets increased to ₦4.07 trillion.
Gross Earnings for Q1 2026 rose by 41.6 per cent year-on-year to ₦134.8 billion, supported by a 36.8 per cent increase in Net Interest Income to ₦64.9 billion. Operating Income reached ₦93.4 billion, while Profit Before Tax grew by 52.8 per cent to ₦27.9 billion. Profit After Tax stood at ₦23.4 billion.
The Group also recorded stronger capital levels, with Shareholders’ Funds increasing to ₦542.5 billion following the completion of its recapitalisation programme.
Group Chief Financial Officer, Adebimpe Olambiwonnu, said the results reflected the strongest performance in the Group’s modern history
Commenting on the performance, Group Managing Director of Sterling Financial Holdings Company Plc, Yemi Odubiyi, attributed the growth to disciplined execution, improved operating efficiency, and stronger capital positioning across the Group’s businesses.
He noted that the successful recapitalisation programme has positioned the Group for the next phase of growth across its commercial banking, non-interest banking, and wealth-management operations.
Sterling Financial said the continued expansion of Sterling Bank, The Alternative Bank, and SterlingFI Wealth Management has strengthened its ability to compete across multiple financial service segments under a unified structure.