Sterling Financial Holdings reports 102% profit growth in 2024

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Sterling Financial Holdings Company Plc (“SFHC” or “the Group”) announced its audited full-year results for the financial year ended December 31, 2024, delivering a solid performance marked by strong earnings growth, robust balance sheet expansion, and a return to dividend payout.


The Group reported a profit after tax (PAT) of N43.68 billion, representing a 102% year-on-year (YoY) increase from the N21.58 billion recorded in 2023.


Earnings per share more than doubled to 151 Kobo, reflecting the Group’s strategic resilience and consistent delivery on shareholder value.

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