Stanbic IBTC Holdings PLC reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net interest income was NGN 47,819 million compared to NGN 29,307 million a year ago. Net income was NGN 40,586 million compared to NGN 23,737 million a year ago. Basic earnings per share from continuing operations was NGN 3.13 compared to NGN 1.83 a year ago.
For the nine months, net interest income was NGN 120,503 million compared to NGN 79,661 million a year ago. Net income was NGN 106,917 million compared to NGN 53,131 million a year ago. Basic earnings per share from continuing operations was NGN 8.25 compared to NGN 4.1 a year ago.