UNITYBNK Releases FY2019 and Q1 2020 Results; Declares N3.6bn PBT in 2019


Wednesday, June 10, 2020 / 06:11  PM / NSE / Header Image Credit: @UnityBankPlc

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Unity Bank Plc released its FY 2019 and Q1 2020 Unaudited results for the period ended December 31st 2019 and March 31st, 2020.

Key Highlights

Q1 2020

  • Gross Income grew by 18% to N11.9bn from N10bn in the previous quarter.
  • Profit before tax grew by 8.9% to N550m.
  • Profit after tax grew by 8.9% to N506m.
  • Net Assets stood at -N279bn.

FY 2019

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