Sterling HoldCo Releases FY25 Results, Doubles PBT…Assets near ₦4 trillion

Sterling Financial Holdings Company Plc (Sterling HoldCo), parent company of Sterling Bank and The Alternative Bank, has reported its interim financial results for the year ended December 31, 2025, with 99% year-over-year (YoY) growth in profit before tax (PBT). This growth builds on the 102% PBT increase achieved in 2024, solidifying the Group’s position as one of the region’s fastest-growing financial institutions.
The Group’s performance is underscored by a strong 22% return on equity, signaling the successful optimisation of its diversified portfolio. Through strategic initiatives aimed at improving operational efficiency and expanding its balance sheet, Sterling HoldCo has positioned itself for continued growth while maximising shareholder value. As a result, gross earnings soared by 46% to ₦476.5 billion, with PBT standing at ₦90.7 billion.
Sterling HoldCo’s operational efficiency saw improvements, as evidenced by a decline in the cost-to-income ratio from 72% in 2024 to 63% in 2025. This indicates the Group’s ability to balance revenue growth with controlled expenses.
Interest income increased by 43% to ₦369.6 billion, fueled by growth in loans and advances and improved investment returns. Non-interest income surged by 57.3%, further bolstering the Group’s earnings mix, primarily through increased trading income and higher fees and commissions.
Sterling HoldCo’s balance sheet also showed significant growth, with total assets rising 11% to ₦3.92 trillion, largely driven by an increase in customer lending and investments. Customer deposits grew 18%, totaling ₦2.98 trillion, reflecting growing customer engagement and product adoption.
In addition, the Group’s digital and operational investments have driven enhanced service delivery, cost efficiency, and risk control, supporting the growing customer base.
Shareholders’ funds grew 39% to ₦424.0 billion, bolstering the Group’s capital position and capacity to continue its growth trajectory. This growth was further supported by disciplined capital-raising initiatives, including a ₦88 billion public offer and capital injections across its subsidiaries, which also ensured compliance with the Central Bank of Nigeria’s recapitalization requirements.
With a robust capital structure, increasing customer deposits, and a diversified revenue stream, Sterling HoldCo is well-positioned for future growth and sustainability.