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Sterling Financial Holdings Company Plc (“Sterling HoldCo”) has reported a strong showing in its interim, unaudited full-year 2025 results, with total assets approaching N4 trillion, up 11 per cent year-on-year.
This reflects the robust performance of its subsidiaries, Sterling Bank and The Alternative Bank. Customer deposits climbed 18 per cent to N2.98 trillion, highlighting the Group’s solid market positioning.
The Group’s profit before tax (PBT) surged 99 per cent to N90.73 billion, building on the 102 per cent growth recorded in 2024 and cementing Sterling HoldCo’s reputation as one of the fastest-growing financial institutions in the region. Gross earnings rose 46 per cent to N476.5 billion, buoyed by strong growth across both interest and non-interest income streams. Interest income jumped 43 per cent to N369.6 billion, driven by higher loans and advances and improved investment yields, while non-interest income soared 57.3 per cent, reflecting gains in trading, fees, and commissions.
Commenting on the results, the Group highlighted operational efficiency as a key driver of performance. Sterling HoldCo reduced its cost-to-income ratio by 9 percentage points, from 72 per cent in 2024 to 63 per cent in 2025, demonstrating effective cost management alongside revenue growth.
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The Group’s capital base also strengthened, with shareholders’ funds rising 39 per cent to N424.0 billion, reinforcing the resilience of its business model. Investments in digital capabilities further enhanced customer engagement, operational efficiency, and service delivery.
“The 2025 performance underscores the strength of our diversified portfolio and disciplined growth strategy,” a Sterling HoldCo spokesperson said.
“With solid capital, increased deposits, and continued investment in efficiency and technology, we are well-positioned to sustain growth and create long-term value for our stakeholders.”
Sterling HoldCo’s results highlight a bank that is not just growing in size, but evolving in quality and demonstrating that scale, profitability, and efficiency can advance hand in hand.
