UBA Declares N30bn PAT in Q1 2020 Results,(SP:N5.95k)


Thursday, April 23, 2020 / 8:51 PM / NSE  / Header Image Credit: BusinessDay

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United Bank for Africa Bank  Plc released its Q1 2020 Unaudited results for the period ended March 31st, 2020.

Key Highlights

  • Interest income grew by 10.7% to N109bn from N99bn in the previous quarter.

  • Profit before tax grew by 8.5% to N33bn.

  • Profit after tax grew by 5% to N30bn.

  • Net Assets grew by 2.5% to N613bn from N598bn.

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