Yemisi Izuora
Sterling Financial Holdings Company Plc’s (Sterling HoldCo) interim, unaudited full-year 2025 financial results has revealed a growth in its stature, with the Group’s total assets approaching ₦4 trillion at the close of the year, marking an 11% year-over-year (YoY) increase.
This growth in assets is reflective of the strong market positioning of its subsidiaries Sterling Bank and The Alternative Bank, with customer deposits rising by 18% to ₦2.98 trillion.
The Group’s financial performance is anchored by a 99% increase in profit before tax (PBT), reaching ₦90.73 billion. This improvement follows a stellar 102% growth in 2024, reinforcing Sterling HoldCo’s status as one of the fastest-growing financial institutions in the region.
Gross earnings rose by 46% to ₦476.5 billion, supported by growth across both interest and non-interest income streams. Interest income surged by 43% to ₦369.6 billion, driven by a significant increase in loans and advances to customers, as well as better yields on investments. Meanwhile, non-interest income soared by 57.3%, reflecting higher trading income and increased fees and commissions.
A key factor behind the Group’s continued success is its focus on operational efficiency. Sterling HoldCo achieved a 9% reduction in its cost-to-income ratio, down from 72% in 2024 to 63% in 2025, demonstrating effective cost management alongside robust revenue growth.
The Group’s capital position also strengthened, with shareholders’ funds rising 39% to ₦424.0 billion, underscoring the resilience of its business model. Investments in digital capabilities have contributed to better service delivery, operational cost reduction, and enhanced customer engagement.
Sterling HoldCo’s performance for 2025 highlights the strength of its diversified portfolio, with a balanced growth strategy that ensures scalability and long-term sustainability. With a solid capital base, increased deposits, and continued investment in operational efficiency, the Group is well-positioned for continued growth and success.