Published on: February 15, 2026
FOR IMMEDIATE RELEASE
Sterling Capital and Trust Bank Reports Record-Breaking Q4 2026 Financial Results, Driven by Robust Loan Growth and Digital Transformation
NEW YORK – February 15th, 2026 – Sterling Capital and Trust Bank (NYSE: SCAT), a leading international financial institution, today announced record financial results for the fourth quarter and full fiscal year ended October 31, 2026, significantly exceeding market expectations and setting new benchmarks for profitability.
(Note: All financial figures have been converted from USD to GBP using an illustrative exchange rate of $1.00 = £0.80.)
Fourth Quarter 2026 Financial Highlights (Compared to Q4 2025)
Net Income: £2.8 Billion, an increase of 25% year-over-year. (USD $3.5 Billion)
Diluted Earnings Per Share (EPS): £2.20, up 20% from £1.83 (USD $2.29) in the prior year quarter.
Total Revenue: £14.48 Billion, representing a 15% increase. (USD $18.1 Billion)
Return on Equity (ROE): Improved to a record 16.5%.
Net Interest Margin (NIM): Expanded by 15 basis points to 3.10%.
The record performance was primarily fueled by strong core deposit growth, robust lending activity across the Commercial and Retail segments, and the successful execution of the bank's digital optimization strategy, which drove a 3% improvement in the efficiency ratio.
“This quarter represents a major milestone for Sterling Capital and Trust Bank, reflecting the power of our diversified business model and the success of our strategic investments in technology and customer experience,” said Jane Doe, President and Chief Executive Officer. “Achieving £2.8 billion in net income marks an all-time high, proving that our focus on deepening client relationships and enhancing operational efficiency is paying off. We are exceptionally well-positioned for continued growth and value creation for our shareholders in 2026.”
Key Segment Performance
Retail Banking: Net interest income increased 18%, driven by a 12% increase in average consumer loan balances and strong digital adoption, with mobile transactions up 30% year-over-year.
Commercial & Corporate Banking: Fee income surged 22%, benefiting from higher activity in corporate advisory services and a record quarter for capital markets transactions. Average commercial loan growth was 8% for the quarter.
Wealth Management: Assets Under Management (AUM) grew to over £560 billion, resulting in a 14% increase in non-interest revenue, supported by strong net client inflows. (USD $700 billion)
John Smith, Chief Financial Officer, commented, “Our strong capital position and disciplined expense management were critical factors in delivering this outstanding performance. The expansion of our Net Interest Margin, combined with lower provisions for credit losses, underscores the high quality of our loan portfolio and our prudent risk management practices. We are confident in our ability to sustain this momentum and project mid-to-high single-digit EPS growth for the upcoming fiscal year.”
Sterling Capital and Trust Bank’s Board of Directors has approved a quarterly cash dividend of £0.44 per common share (USD $0.55), payable on February 1, 2026, to shareholders of record as of January 15, 2026.
About Sterling Capital and Trust Bank
Sterling Capital and Trust Bank (NYSE: SCAT) is a leading international financial services company with over £1.2 Trillion in assets (USD $1.5 Trillion), offering a broad range of banking, investing, and wealth management services to individuals, businesses, and institutions across three continents. Committed to financial innovation and social responsibility, Sterling Capital and Trust Bank is dedicated to empowering financial well-being for all its clients.
Contact:
Investor Relations: Michael Chen | investor.relations@sterlingcapitaltandtrust.com
Media Relations: Sarah Lee | media.relations@sterlingcapitaltandtrust.com
Read the full article: https://sterlingcapitaltandtrust.com/press/record-earnings
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