Sterling Towers Q1 2022 Financial Performance

Financial & Non-Financial Highlights Our performance in the first quarter highlights the progress made in improving the efficiency of our balance sheet Financials (N' millions) Total Assets 1,662,971 2.1% from FY 2021 Loans & Advances Customer Deposits 735,776 3.4% from FY 2021 1,208,449 0.0% from FY 2021 Gross Earnings 38,050 23.2% Q1 2021 Net Interest Income 16,853 17.5% Q1 2021 Channels CASA Deposits 876,493 6.4% from FY 2021 Operating Expense 19,032 21.3% Q1 2021 Profit Before Tax 3,741 49.3% Q1 2021 POS ATM USSD Users Branches Customers Staff ATM 0000 *822# Ratings MOODY'S Fitch Ratings B2 GCR GLOBAL CREDIT RATING DO BBB B- DataPro Cara Caray BBB+ Professional Key Ratios NPL 0.8% LDR 57.3% Liquidity 31.0% Cost of Funds 3.9% Cost of Risk 1.1% Coverage Ratio 432.4% CAR 14.7% 14,086 636 >2.0M 141 >3M 2436

View entire presentation