…Balance sheet nears N5 trillion
By Babajide Komolafe
Sterling Financial Holding Company Limited has recorded a 31.5 per cent growth in gross earnings to N279. 6 billion in the half-year ended 30 June 2026 over the corresponding period in 2025.
The parent company of Sterling Bank disclosed this in its unaudited results for the half-year ended 30 June 2026 released yesterday which showed broad-based growth across key performance indices.
The growth in revenue was led by a 33.7% jump in interest income to N223.6 billion as the loan book expanded and asset yields improved. Net interest income climbed 41.0% to N137.4 billion, while non-interest income grew by 23.3% to N56.0 billion, supported by notable increases in fee income and other operating income lines.
