Sterling’s This autumn revenue dips to N16.34bn

Sterling Monetary Holdings Firm Plc and its subsidiaries recorded a revenue of N16.34bn within the fourth quarter of 2025, representing a 23.8 per cent decline from the N21.44bn posted in This autumn 2024, based on its unaudited interim monetary statements for the interval ending 31 December 2025.

The drop in quarterly revenue was primarily pushed by larger credit score loss bills and rising working prices, regardless of progress in curiosity and buying and selling revenue.

The group’s curiosity revenue for This autumn rose by 53.8 per cent to N107.14bn, up from N69.66bn in the identical quarter of 2024, whereas curiosity expense elevated by 48.4 per cent to N41.29bn, narrowing web curiosity good points. Consequently, web curiosity revenue grew by 57.4 per cent to N65.85bn, in contrast with N41.84bn in This autumn 2024.

Nevertheless, the achieve was offset by a pointy rise in credit score loss bills on monetary property, which surged to N18.67bn from N3.62bn in This autumn 2024, a 415 per cent improve year-on-year.

This considerably weighed on the group’s total profitability for the quarter.

Different working bills, personnel prices, and administrative bills collectively rose to N55.15bn in This autumn 2025 from N36.56bn in This autumn 2024, representing a 50.8 per cent improve, additional compressing margins.

Regardless of these pressures, Sterling Monetary Holdings remained worthwhile for the quarter, with earnings per share of 157 kobo, up from 151 kobo in the identical interval final 12 months, reflecting robust contributions from different working and buying and selling revenue streams.

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