STANBIC IBTC HOLDINGS PLC - 2016 Financial Highlights

STANBIC IBTC HOLDINGS PLC  - Financial Highlights (N'Mn)
Headlines	FY 2016	FY 2015	Change
Gross Earnings	156,425	140,027	11.7%
Interest Income	87,467	82,686	5.8%
Interest Expense	-29,608	-38,826	-23.7%
Net Interest Income	57,859	43,860	31.9%
Operating income	126,053	100,648	25.2%
Operating Expenses	-69,041	-62,066	11.2%
Loan Loss Expenses	-19,803	-14,931	32.6%
Profit/Loss Before Tax	37,209	23,651	57.3%
Taxation	-8,689	-4,760	82.5%
Profit/Loss After Tax	28,520	18,891	51.0%
	FY 2016	FY 2016
Cash and cash equivalents	301,351	211,481	42.5%
Loans & Advances	368,229	380,295	-3.2%
Deposits	614,735	588,959	4.4%
Net Assets	140,798	128,967	9.2%
Cost to Income Ratio	54.8%
Loan to Deposits	59.9%
Net Margin	18.2%
ROAE	21.10%
Dividend Yield	2.8%
Price(N)	17.7
Dividend (N)	0.5
EPS (N)	5.70
BVPS (N)	12.90
P/E(x)	3.1
P/BV (x)	1.28