Stanbic IBTC Holdings PLC (NGX:STANBIC)

Stanbic IBTC Holdings Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,580,126	445,133	189,245	232,328	243,275
Investment Securities	1,652,534	487,247	610,914	646,609	614,100
Trading Asset Securities	148,383	567,047	203,670	129,957	215,888
Total Investments	1,800,917	1,054,294	814,584	776,566	829,988
Gross Loans	2,470,693	2,091,138	1,238,195	946,259	655,292
Allowance for Loan Losses	-122,315	-58,787	-33,409	-25,215	-30,153
Net Loans	2,348,378	2,032,351	1,204,786	921,044	625,139
Property, Plant & Equipment	98,563	81,071	65,157	46,114	33,703
Other Intangible Assets	1,721	2,471	3,223	4,011	4,640
Accrued Interest Receivable	3,016	1,335	779	659	1,378
Other Receivables	124,770	157,477	105,730	103,393	88,145
Restricted Cash	717,040	948,414	478,609	436,838	389,840
Other Current Assets	105,535	95,960	72,437	110,763	16,771
Long-Term Deferred Tax Assets	-	1,194	2,058	3,541	13,163
Other Real Estate Owned & Foreclosed	123	325	-	-	-
Other Long-Term Assets	131,579	323,116	81,434	97,050	240,264
Total Assets	6,912,092	5,145,596	3,029,026	2,742,764	2,486,306
Accounts Payable	5,032	4,681	4,145	40,980	3,358
Accrued Expenses	42,970	26,828	79,765	13,525	13,597
Interest Bearing Deposits	4,140,629	2,950,974	1,898,454	1,602,682	1,325,566
Total Deposits	4,140,629	2,950,974	1,898,454	1,602,682	1,325,566
Short-Term Borrowings	61,850	451,956	47,959	25,364	59,781
Current Portion of Long-Term Debt	283,932	249,070	123,984	84,432	19,959
Current Portion of Leases	4,506	1,508	-	319	89
Current Income Taxes Payable	64,982	23,388	17,564	16,441	20,270
Other Current Liabilities	1,201,589	585,514	246,482	403,686	453,075
Long-Term Debt	246,354	196,237	113,991	99,421	137,942
Long-Term Leases	-	-	705	154	-
Long-Term Unearned Revenue	63,053	4,762	3,577	17,480	1,349
Long-Term Deferred Tax Liabilities	12,824	1,193	-	-	-
Other Long-Term Liabilities	113,723	142,561	84,830	61,414	72,719
Total Liabilities	6,241,444	4,638,672	2,621,456	2,365,898	2,107,705
Common Stock	6,479	6,479	6,479	6,479	5,553
Additional Paid-In Capital	102,780	102,780	102,780	102,780	102,780
Retained Earnings	544,304	379,453	287,220	254,471	273,081
Comprehensive Income & Other	8,327	10,864	3,083	4,286	-10,391
Total Common Equity	661,890	499,576	399,562	368,016	371,023
Minority Interest	8,758	7,348	8,008	8,850	7,578
Shareholders' Equity	670,648	506,924	407,570	376,866	378,601
Total Liabilities & Equity	6,912,092	5,145,596	3,029,026	2,742,764	2,486,306
Total Debt	596,642	898,771	286,639	209,690	217,771
Net Cash (Debt)	1,699,145	164,999	135,171	162,593	243,216
Net Cash Growth	929.79%	22.07%	-16.86%	-33.15%	-12.99%
Net Cash Per Share	131.14	12.73	10.43	12.55	18.77
Filing Date Shares Outstanding	12,957	12,957	12,957	12,957	12,957
Total Common Shares Outstanding	12,957	12,957	12,957	12,957	12,957
Book Value Per Share	51.08	38.56	30.84	28.40	28.63
Tangible Book Value	660,169	497,105	396,339	364,005	366,383
Tangible Book Value Per Share	50.95	38.37	30.59	28.09	28.28

Updated Jan 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.