Sterling Financial Holdings Company Plc has projected a profit after tax of ₦16.25 billion for the fourth quarter (Q4) ending December 31, 2025.
According to the projection, the group expects gross earnings of ₦149.27 billion during the quarter, driven largely by interest income of ₦116.73 billion.
Interest expenses are forecast at ₦42.88 billion, leaving net revenue from funds at ₦73.85 billion.
Credit impairment charges are estimated at ₦16.84 billion, while other income is projected to contribute ₦28.37 billion. This will bring net operating income to ₦85.37 billion.
Operating expenses are projected at ₦67.24 billion, resulting in a profit before tax of ₦18.13 billion. After accounting for estimated taxation of ₦1.88 billion, the group expects profit after tax of ₦16.25 billion.
On the cashflow side, Sterling Financial projects ₦13.56 billion net cash generated from operating activities.
However, the group anticipates a negative cashflow from investing activities of ₦187.93 billion, reflecting planned outflows, while financing activities are expected to contribute ₦266.16 billion.
Overall, the projection shows a net decrease in cash and cash equivalents of ₦91.79 billion for the period.
Sterling’s cash and bank balance, which stood at ₦458.11 billion at the beginning of the quarter, is expected to rise to ₦549.90 billion by the end of December 2025.
The cashflow projection was prepared by Banire Sulaimon.