UBA Declares N114bn PAT in 2020 Audited Results, Proposes 35k Final Dividend; (SP:N8.00k)

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Tuesday, March 09, 2021 / 10:47 AM / by NSE / Header Image Credit: United Bank for Africa


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United Bank for Africa Plc released its 2020 Audited results for the period ended December 31st, 2020.


Key Highlights

  • Gross Earnings grew by 11% to N620bn from N560bn in the previous quarter.

  • Profit before tax grew by 18.5% to N132bn.

  • Profit after tax grew by 28% to N114bn.

  • Net Assets grew by 21% from N598bn to N724bn.


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