Sterling Bank’s pretax profit rose to N3.18 billion in Q1

Sterling Bank’s pretax profit rose to N3.18 billion in Q1

Mid-sized Nigerian lender, Sterling Bank Plc said it made a pretax profit of N3.18 billion for the first quarter of the year.

The result is a positive given that its pretax profit rose from N2.03 billion reported within the same quarter last year.

However, net interest income for Sterling Bank fell to N12.39 billion compared to N13.51 in the previous year.