Stanbic IBTC Holdings PLC (NGX:STANBIC)

Stanbic IBTC Holdings Income Statement

Financials in millions NGN. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	724,989	566,462	270,593	152,670	104,751	105,776
Interest Paid on Deposits	111,800	156,011	95,403	39,551	29,379	31,561
Net Interest Income	613,189	410,451	175,190	113,119	75,372	74,215
Net Interest Income Growth (YoY)	100.04%	134.29%	54.87%	50.08%	1.56%	-4.65%
Income From Trading Activities	1,181	57,568	62,506	34,687	13,286	52,110
Gain (Loss) on Sale of Assets	7,774	280	1,054	879	368	70
Gain (Loss) on Sale of Investments	-1,642	1,004	-106	-485	-	-
Other Non-Interest Income	215,645	177,541	116,522	91,252	82,119	72,529
Total Non-Interest Income	222,958	236,393	179,976	126,333	95,773	124,709
Non-Interest Income Growth (YoY)	-11.53%	31.35%	42.46%	31.91%	-23.20%	15.36%
Revenues Before Loan Losses	836,147	646,844	355,166	239,452	171,145	198,924
Provision for Loan Losses	51,619	99,359	15,452	10,290	-1,505	10,774
Revenue	784,528	547,485	339,714	229,162	172,650	188,150
Revenue Growth (YoY)	58.91%	61.16%	48.24%	32.73%	-8.24%	2.09%
Salaries and Employee Benefits	101,731	83,122	62,497	49,167	41,058	42,540
Selling, General & Administrative	16,263	10,377	10,378	7,416	4,272	2,532
Other Non-Interest Expense	191,832	150,190	93,932	72,311	61,317	51,461
Total Non-Interest Expense	309,826	243,689	166,807	128,894	106,647	96,533
EBT Excluding Unusual Items	474,702	303,796	172,907	100,268	66,003	91,617
Legal Settlements	-	-	-	-	-	3,100
Pretax Income	474,702	303,796	172,907	100,268	66,003	94,717
Income Tax Expense	153,786	78,485	32,290	19,535	9,037	11,506
Earnings From Continuing Operations	320,916	225,311	140,617	80,733	56,966	83,211
Minority Interest in Earnings	-4,136	-3,705	-3,035	-2,691	-2,588	-2,272
Net Income	316,780	221,606	137,582	78,042	54,378	80,939
Net Income to Common	316,780	221,606	137,582	78,042	54,378	80,939
Net Income Growth	50.29%	61.07%	76.29%	43.52%	-32.82%	11.39%
Basic Shares Outstanding	15,166	12,957	12,957	12,957	12,957	12,957
Diluted Shares Outstanding	15,166	12,957	12,957	12,957	12,957	12,957
Shares Change (YoY)	17.05%	-	-	-	-	5.72%
EPS (Basic)	20.89	17.10	10.62	6.02	4.20	6.25
EPS (Diluted)	20.89	17.10	10.62	6.02	4.20	6.25
EPS Growth	28.38%	61.04%	76.39%	43.44%	-32.82%	5.36%
Dividend Per Share	5.500	5.000	3.700	3.500	3.000	3.429
Dividend Growth	30.95%	35.13%	5.71%	16.67%	-12.50%	33.34%
Effective Tax Rate	32.40%	25.84%	18.68%	19.48%	13.69%	12.15%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.