Stanbic IBTC’s pre-tax profit surges 76% to N304 Billion in 2024

Stanbic IBTC posted an impressive pre-tax profit of N303.8 billion, reflecting a 75.70% YoY growth.   This growth was driven by a significant expansion in net interest income (+134.29%) and net fees and commission income (+54.52%), indicating robust revenue generation across interest and non-interest income streams.   Key highlights (2024 vs. 2023): * Interest Income: … Continue reading Stanbic IBTC’s pre-tax profit surges 76% to N304 Billion in 2024