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Company data displayed is for sample purposes only and may not reflect the most current information available on Emerging Markets Information Service (EMIS).
Sterling Bank Plc
Main Activities: Banking and Credit Intermediation - Investment Brokerage and Other Financial Investments
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Company Information |
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Full name Sterling Bank Plc Headquarters Sterling Towers 20 Marina P.M.B. 12735 Lagos, Nigeria ; Lagos; Lagos |
Status: Listed Legal Form: Other non-liability limited Operational Status: Operational ISIN CODE : NGSTERLNBNK7 Financial Auditors: KPMG (2008) Incorporation Date: January 1, 2006 Tel: +234-1-2600420 / 01-4484481-5 |
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Company Description |
| Sterling Bank Plc. is a Nigeria-based financial institution engaged in universal banking, focussing on consumer banking, trade finance, investment banking and capital market activities. It also provides wholesale banking services. It offers banking products through 100 branches, 45 automated teller machines, telephone banking and other e-banking offerings. Its products include Sterling Acquire, an asset acquisition account; Sterling Minor; Sterling Key 360, and Sterling Plus, a savings account. It | ||
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Company Analysis |
| According to the Consolidated - Audited financial statement for the Year of 2010, total net operating revenues decreased with -1.97%, from NGN 14,575,374 thousands to NGN 14,288,298 thousands. Operating Results increased from NGN -11,632,428 thousands to NGN 4,954,843 thousands. The results of the period reached NGN 5,044,543 thousands at the end of the period against NGN -9,019,602 thousands last year. Return on equity (Net income/Total equity) went from 0.00% to 0.00%, the Return On Asset (Net income / Total Asset) went from -4.08% to 1.82% and the Net Profit Margin (Net Income/Net Sales) went from -61.88% to 35.31% when compared to the same period of last year. |
Key Executives |
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Companies with Similar Main Activities |
FULL COMPANY PROFILE
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2012 Q3C (cons) |
2011 Y (cons) |
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| Non-Audited | Audited | |
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| WVB Company Financials | WVB Company Financials | |
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| Unit | Thousands | Thousands |
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Balance Sheet
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Total Assets |
564,062,720 |
504,427,744 |
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| * All the accounts are in NGN. | ||
Income Statement
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Total Operating Revenue |
18,187,816 |
18,205,310 |
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Operational Profit (Loss) |
4,769,757 |
3,459,744 |
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Net Profit (Loss) |
4,494,939 |
6,686,473 |
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| * All the accounts are in NGN. | ||
Ratios
| Profitability Ratios | ||
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Return on Assets (ROA) |
0.8% |
1.33% |
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Annualised Return on Assets (ROA) |
1.07% |
1.33% |
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Return on Sales (ROS) |
24.71% |
45.93% |
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Gross Profit Margin |
100% |
100% |
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Operating Profit Margin |
-24.35% |
-51.51% |
| Efficiency Ratios | ||
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Fixed-asset turnover |
0.03x |
0.03x |
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Asset Turnover |
0.03x |
0.03x |
| Valuation figures and ratios | ||
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Earning Before Interests and Taxes (EBIT) |
-6,413,990 |
-5,376,723 |
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EBITDA |
-4,429,076 |
-3,851,886 |
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Enterprise value |
-22,801,644 |
-60,523,301 |
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Enterprise Value / EBITDA |
5.15 |
15.71 |
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Bookvalue (BV) |
564,062,720 |
504,427,744 |
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Net Cash |
42,902,592 |
73,212,024 |
| Market ratios | ||
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Market Capitalization/EBITDA |
-4.54 |
-3.29 |
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Price/Book Ratio |
0.04 |
0.02 |
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Market Cap / Net cash |
0.47 |
0.17 |
| Trend Ratios | ||
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Revenue Trend |
0% |
103.17% |
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Net Income Trend |
0% |
132.55% |
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Operating Income Trend |
0% |
130.65% |
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