Sterling Financial Holdings reports record 74.74% profit surge in 2025

A staggering profit leap and surging assets define Sterling's 2025 success. Can this growth momentum redefine Nigeria's financial landscape?

, and Administrator

2026 May 17 . 2:12 PM

1 min read

The image shows a bar chart depicting the quarterly U.S. bank earnings from 2004 to the present.... — The image shows a bar chart depicting the quarterly U.S. bank earnings from 2004 to the present. The chart is composed of several bars of varying heights, each representing a different year, with the height of each bar indicating the amount of earnings. The text at the top of the chart reads "Quarterly U. S. Bank Earnings 2004 - Present".

Sterling Financial Holdings reports record 74.74% profit surge in 2025

Sterling Financial Holdings Company Plc has reported strong growth in its 2025 financial results. The firm saw significant increases across earnings, assets, and customer deposits, reflecting a year of expansion. Key figures include a 74.74% rise in profit after tax and a 41.82% jump in interest income.

The company’s gross earnings reached N486.80 billion in 2025, up from N337.19 billion the previous year. Interest income also climbed sharply, rising by 41.82% to N367.07 billion. This boost contributed to a 54.79% increase in net interest income, which hit N208.65 billion.

Profit before tax surged by 89.19%, reaching N86.78 billion. After-tax profits followed a similar trend, growing by 74.74% to N76.33 billion. Net fee and commission income also rose, increasing by 28.83% to N43.70 billion. On the balance sheet, total assets expanded by 10.45% to N3.91 trillion. Customer deposits grew by 18.52%, reaching N2.98 trillion. Loans and advances to customers saw a notable rise of 28.18%, totalling N1.41 trillion. However, total liabilities also increased by 7.74%, reaching N3.48 trillion.

The 2025 results show Sterling Financial Holdings Company Plc strengthening its financial position. Higher earnings, expanded lending, and increased deposits highlight the firm’s growth trajectory. The rise in liabilities, though notable, accompanies broader asset and revenue gains.