NGX:STERLINGNG Balance Sheet

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

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	519,867	515,081	659,493	391,875	222,652	221,854
Investment Securities	1,045,405	881,124	646,802	495,791	376,748	289,028
Trading Asset Securities	31,158	74,131	27,491	2,388	1,728	10,237
Total Investments	1,076,563	955,255	674,293	498,179	378,476	299,265
Gross Loans	1,509,141	1,468,632	1,141,444	926,466	758,183	726,080
Allowance for Loan Losses	-65,058	-55,372	-37,474	-30,644	-20,448	-14,180
Net Loans	1,444,083	1,413,260	1,103,970	895,822	737,735	711,900
Property, Plant & Equipment	96,051	79,889	69,080	41,090	26,255	25,080
Other Intangible Assets	3,153	3,205	3,263	721	950	1,081
Investments in Real Estate	12,375	11,658	4,036	4,790	5,584	6,918
Other Receivables	158,864	135,345	153,905	221,942	149,907	93,737
Restricted Cash	689,872	718,827	777,087	447,677	295,295	243,869
Other Current Assets	30,763	28,748	29,431	6,978	10,608	6,018
Long-Term Deferred Tax Assets	21,965	21,965	33,348	9,507	7,005	6,971
Other Long-Term Assets	17,027	28,409	34,034	12,511	23,525	12,436
Total Assets	4,070,583	3,911,642	3,541,940	2,531,092	1,857,992	1,629,129
Interest Bearing Deposits	1,314,299	1,003,676	1,007,462	800,356	668,796	605,623
Non-Interest Bearing Deposits	1,734,246	1,981,138	1,560,414	1,042,459	696,187	618,698
Total Deposits	3,048,545	2,984,814	2,567,876	1,842,815	1,364,983	1,224,321
Short-Term Borrowings	-	1,433	-	-	-	-
Current Portion of Long-Term Debt	-	-	-	-	9,275	-
Current Portion of Leases	-	206	-	-	-	41
Current Income Taxes Payable	11,617	7,896	3,382	1,468	1,607	1,018
Long-Term Debt	236,873	231,439	247,890	242,644	166,383	158,777
Long-Term Leases	902	1,125	1,800	134	295	19
Pension & Post-Retirement Benefits	10	-	-	-	-	-
Long-Term Deferred Tax Liabilities	9,822	9,822	20,330	1,927	-	-
Other Long-Term Liabilities	220,337	246,204	395,503	258,500	161,451	103,462
Total Liabilities	3,528,106	3,482,939	3,236,781	2,347,488	1,703,994	1,487,638
Common Stock	34,251	27,345	22,729	14,395	14,395	14,395
Additional Paid-In Capital	227,240	139,742	108,292	42,759	42,759	42,759
Retained Earnings	236,246	212,864	145,813	102,138	84,873	73,023
Comprehensive Income & Other	44,740	48,752	28,325	24,312	11,971	11,314
Shareholders' Equity	542,477	428,703	305,159	183,604	153,998	141,491
Total Liabilities & Equity	4,070,583	3,911,642	3,541,940	2,531,092	1,857,992	1,629,129
Total Debt	237,775	234,203	249,690	242,778	175,953	158,837
Net Cash (Debt)	313,250	355,009	437,294	151,485	48,427	73,254
Net Cash Growth	-3.26%	-18.82%	188.67%	212.81%	-33.89%	-
Net Cash Per Share	5.77	7.09	15.07	5.26	1.68	2.54
Filing Date Shares Outstanding	68,502	54,690	45,457	28,790	28,790	28,790
Total Common Shares Outstanding	68,502	54,690	45,457	28,790	28,790	28,790
Book Value Per Share	7.92	7.84	6.71	6.38	5.35	4.91
Tangible Book Value	539,324	425,498	301,896	182,883	153,048	140,410
Tangible Book Value Per Share	7.87	7.78	6.64	6.35	5.32	4.88