# Sterling Financial reports 37.1% growth in nine-month profit before tax to ₦97.28bn

> Sterling Financial's nine-month profit before tax jumps 37.1% to ₦97.28bn.
- Title: Sterling Financial reports 37.1% growth in nine-month profit…
- Summary: Sterling Financial's nine-month profit before tax jumps 37.1% to ₦97.28bn. Sterling Financial Holdings Company Plc reported 37.1% year-on-year growth in…
- Keywords: sterling financial, profit before tax, nigerian naira, financial results, banking, group assets, net loans, shareholders funds, roae, roaa, sterlingfi wealth management, news
- Source: Premium Times Nigeria — https://premiumtimesng.com/promoted/921294-sterling-financial-reports-37-1-growth-in-nine-month-profit-before-tax-to-%e2%82%a697-28bn.html
- Author: Press Release
- Published: 2026-10-29T14:25:09+00:00
- Read time: 1 min
- Topics: sterling financial, profit before tax, nigerian naira, financial results, banking, group assets, net loans, shareholders funds, roae, roaa, sterlingfi wealth management, news
## Sterling Financial results
Sterling Financial Holdings Company Plc announced nine-month financial results for the period ended 30 September 2026.
## Profit before tax growth
Profit before tax grew 37.1% year-on-year to ₦97.28 billion.
## Profit after tax increase
Profit after tax increased 21.0% to ₦75.37 billion.
## Gross earnings rise
Gross earnings rose 33.2% to ₦454.94 billion.
## Non-interest income growth
Non-interest income increased 27.6% to ₦101.16 billion.
## SterlingFi Wealth Management
SterlingFi Wealth Management, now in its second year of operations, began contributing to Group earnings.
## Total assets expansion
Total assets rose 30.4% from year-end 2025 to ₦5.10 trillion.
## Net loans growth
Net loans and advances to customers increased 28.8% to ₦1.82 trillion.
## Customer deposits rise
Customer deposits rose 28.7% to ₦3.84 trillion.
## Shareholders funds growth
Shareholders’ funds increased 38.8% to ₦595.2 billion.
## Return on equity
The Group recorded a post-tax return on average equity of 20.0%.
## Return on assets
The Group recorded a return on average assets of 2.22%.
## CEO commentary
Yemi Odubiyi, Group Chief Executive Officer, said the Group's performance demonstrates collective strength and progress toward a diversified financial services group.
## Key takeaway

Sterling Financial Holdings Company Plc reported 37.1% year-on-year growth in nine-month profit before tax to ₦97.28bn.