Sterling Bank recorded a 16.64 per cent year-on-year increase in its gross earnings for 2022, closing the year with N175.14 billion.
The year before, Sterling Bank reported gross earnings of N150.15 billion. This indicates an increase of N24.98 billion between the 2021 and 2022 financial periods.
This was revealed in Sterling Bank’s Annual Report, Consolidated and Separate Financial Statements for the year ended December 31, 2022, released on May 3.