Sterling Financial Holdings Company Plc has  released its audited financial results for the year ended December 31, 2025, alongside its unaudited results for the first quarter (Q1) ended March 31, 2026.

The Group recorded strong earnings growth, balance sheet expansion, and improved capital strength.

According to statement by Group CFO, Sterling Financial Holdings Company Plc, Adebimpe Olambiwonnu, Gross Earnings for FY2025 increased by 44.4 percent to N486.8 billion, representing the strongest performance in the Group’s modern history. Profit Before Tax (PBT) rose by 89.2 percent to N86.8 billion, while Profit After Tax (PAT) increased by 74.8 percent to N76.3 billion.

The Group’s balance sheet also strengthened significantly during the year. Total Assets reached N3.91 trillion, Customer Deposits grew to N2.98 trillion, and Loans and Advances closed at N1.41 trillion while Shareholders’ Funds expanded by 40.5 percent to N428.7 billion.

Sterling Financial sustained this momentum into the first quarter of 2026, with Total Assets crossing the N4 trillion threshold for the first time, reaching N4.07 trillion.

Gross Earnings for Q1 2026 rose by 41.6 percent year-on-year to N134.8 billion, supported by a 36.8 percent increase in Net Interest Income to N64.9 billion.

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Operating income reached N93.4 billion during the quarter, while Profit Before Tax increased by 52.8 percent to N27.9 billion and Profit After Tax rose to N23.4 billion. Shareholders’ Funds strengthened further to N542.5 billion following the successful completion of the Group’s recapitalisation programme.

Yemi Odubiyi, group managing director, Sterling Financial Holdings Company Plc while commenting on the Group’s performance said: “Our FY2025 and Q1 2026 results reflect continued growth across the Group’s core businesses, supported by disciplined execution, improved operating efficiency, and a strengthened capital position”.

He said, “The successful completion of our recapitalisation programme positions the Group for the next phase of growth across our commercial banking, non-interest banking, and wealth-management businesses. We remain focused on sustaining growth, strengthening our balance sheet and delivering long-term value across our diversified platform.”

This period represents an important phase in Sterling Financial’s evolution, as the continued growth of Sterling Bank and The Alternative Bank, alongside the expansion of SterlingFI Wealth Management, positioned the Group to compete across multiple segments under a unified Group structure and shared strategic agenda.

The Group enters the rest of 2026 with stronger capital, expanded operating capacity and continued momentum across its banking and wealth-management businesses.

Iheanyi Nwachukwu, is a creative content writer with almost two decades journalism experience writing on banking, finance, capital markets, and tax. The multiple awards winning journalist is Assistant Editor, BusinessDay. Iheanyi holds BSc Degree in Economics from Imo State University; Master of Science (MSc) Degree in Management from University of Lagos. Iheanyi has attended several work-related trainings including (i) Advanced Writing and Reporting Skills (Pan African University, Lagos); (ii) News Agency Journalism (Indian Institute of Mass Communication {IIMC}, New Delhi, India); and (iii) Capital Markets Development and Regulations (International Law Institute {ILI} of Georgetown University, Washington DC, USA). Other trainings Iheanyi attended include: Economic/Political Risk Analysis (By Thomson Reuters Foundation); International Financial Journalism (IFJ) (By PMA Media Training, UK); Effective Business Writing Skills (By Phillips Consulting); Reporting on Corporate Governance (By International Finance Corporation (IFC) & Thomson Reuters Foundation UK); etc. In addition, he has participated in high-level economy & markets events in Dubai, South Africa, Morocco, and other African countries like Zambia, Ghana and Gambia.

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