Sterling Financial Holdings Company Plc has projected a profit after tax of N16.25 billion for the fourth quarter ending December 31, 2025, according to a filing on the Nigerian Exchange.

The group’s forecast is anchored on gross earnings of N149.27 billion for the quarter. Interest income is expected at N116.73 billion, with interest expenses estimated at N42.88 billion, leaving net revenue from funds at N73.85 billion.

The filing also indicated that Sterling anticipates credit impairment charges of N16.84 billion, while other income is projected at N28.37 billion, bringing total net operating income to N85.37 billion. Operating expenses are forecast at N67.24 billion, resulting in a profit before tax of N18.13 billion. After accounting for a projected tax of N1.88 billion, profit after tax is placed at N16.25 billion.

Sterling HoldCo expects net cash generated from operating activities to close the quarter at N13.56 billion. Financing inflows are estimated at N266.16 billion, while investing activities are forecast at N187.93 billion. This is projected to produce a net increase of N91.79 billion in cash and cash equivalents, with year-end balances of N549.90 billion compared to N458.11 billion at the beginning of the quarter.

The company said the forecasts reflect continuity from its half-year results, which showed a 157 percent increase in profit after tax and a 39.7 percent rise in gross earnings to N212.61 billion. Earnings per share rose to 89 kobo from 56 kobo over the same period.

Sterling HoldCo stated that the projections are supported by measures in cost management, income diversification, and balance sheet discipline. The group added that strong liquidity positions and operating cashflows will provide a base to strengthen participation in key growth sectors of the economy and sustain investments in innovation.

The company cautioned that the outlook remains subject to market conditions and regulatory developments, and actual results may differ from projections.

Sterling Financial Holdings Company Plc is the parent company of Sterling Bank Limited, The Alternative Bank Limited, and SterlingFI Wealth Management, among others.