Stanbic IBTC Holdings Plc.

FY:2017 Result - Financial Highlights (NGN Billion)

Statement of Comprehensive Income FY:2017 FY:2016 Y-o-Y Growth
Gross Earnings 212.4 156.4 35.8%
Interest Income 122.9 87.5 40.5%
Interest Expense (39.3) (29.6) 32.8%
Net Interest income 83.6 57.9 44.5%
(Credit impairment charges)/Write Back (25.6) (19.8) 29.2%
Investment and Other Operating Income 89.2 68.2 30.8%
OPEX (86.0) (69.0) 24.6%
PBT 61.2 37.2 64.4%
Taxation (12.8) (8.7) 47.1%
PAT 48.4 28.5 69.6%

Per share data STANBIC Corporate Actions

Current Price 49.15 Proposed Dividend N0.50

EPS 4.62
BVPS 18.5 Dividend Yield 1.0%

Price multiples/Ratios
Shares outstanding(bn) 10.0 Qualification Date 28-Mar-18

P/E 10.6x
P/BV 2.7x Closure Date 5-Apr-18

RoAE 29.7%
RoAA 4.0% Payment Date 28-Mar-18

Net Interest Margin 7.3%

Eko Hotel & Suites, Adetokunbo

Cost of Funds 4.7% AGM Venue
Ademola Street, Victoria Island Lagos

Cost to Income 49.8% 54.8%

Loan to Deposit Ratio 46.8% 59.9% AGM Date 19-Jun-18

Cost of Risk 6.7% 5.4%

Net Margin 22.8% 18.2%
Statement of Financial Position FY 2017 FY 2016 Y-o-Y Growth
Cash and Bank Balances 401.3 301.4 33.2%
Total Loans and advances 381.7 368.2 3.7%
Investment Securities 522.5 312.4 67.3%
Total Assets 1386.4 1053.5 31.6%
Total Equity 185.2 140.8 31.5%
Total Deposits 815.4 614.7 32.6%
Borrowings 103.9 124.0 -16.2%
Total Liabilities 1201.2 912.7 31.6%