Sterling HoldCo anticipates N149.27 billion in earnings for Q4
Sterling Financial Holdings Company Plc continues to maintain its growth trajectory, forecasting gross earnings of N149.27 billion for the fourth quarter concluding on December 31, 2025.
This forecast is an extension of the Group’s robust performance during the first half of the year, where profit after tax soared by 157 percent, gross earnings increased by 39.7 percent to N212.61 billion, and earnings per share ascended from 56 kobo to 89 kobo.
As per the report submitted to the Nigerian Exchange, Sterling HoldCo projects interest income of N116.73 billion and interest expenses amounting to N42.88 billion, culminating in net funds revenue of N73.85 billion.
The Group also foresees credit impairment charges of N16.84 billion, while other income is expected to be N28.37 billion, resulting in net operating income of N85.37 billion.
Operating expenses are estimated at N67.24 billion, yielding a profit before tax of N18.13 billion. After accounting for an anticipated tax of N1.88 billion, the profit after tax is projected to be N16.25 billion for the quarter.
The Group anticipates generating N13.56 billion in net cash from operating activities, along with N266.16 billion in financing inflows and N187.93 billion in investing activities.
This is expected to result in a net increase of N91.79 billion in cash and cash equivalents, with the cash and bank balance anticipated to close at N549.90 billion by year-end, compared to N458.11 billion at the quarter’s commencement.
These forecasts are rooted in the Group’s earlier performance this year, reflecting sustained momentum, reinforced by disciplined cost management, diversified income streams, and prudent balance sheet expansion.
Beyond mere financial metrics, the outlook underscores the Group’s capability to leverage its financial prowess for broader impact.
Sterling HoldCo is strategically positioned to bolster key growth sectors of the Nigerian economy, invest in innovation, and perpetuate value creation for shareholders, customers, and communities.
The Group emphasized that its ability to generate robust operating cash flows while maintaining substantial liquidity positions lays the groundwork for resilience.
This strength ensures that Sterling HoldCo is not only poised to deliver value to its shareholders but also equipped to deepen its engagement in Nigeria’s growth sectors, foster innovation, and support wider economic advancement.
These projections are forward-looking and contingent upon current assumptions regarding market conditions and regulatory developments.Actual results may vary significantly.
