2020 FY Results: Stanbic IBTC posts N83.2 billion profit after tax, as earnings per share prints N7.29.

Stanbic IBTC Holdings Plc released its audited full-year results for the year ended 31st December 2020.

  • Net interest income was N74.21 billion. (-4.6% YoY)
  • Income after adjusting for credit impairment was N188.99 billion. (+2.2% YoY)
  • Operating expenses was N94.3 billion. (+0.3% YoY)
  • Profit for the year was N83.2 billion. (+11% YoY)
  • Earnings per share of N7.29. (+5.3% YoY)
  • A final dividend of N3.60 was announced.

See link to results.