UBA Declares N77bn PAT in Q3 2020 Results, (SP:N8.45k)


Friday, November 20, 2020 / 1:55 PM / NSE / Header Image Credit: United Bank for Africa 

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United Bank for Africa Plc released its Q3 2020 Unaudited results for the period ended September 30th, 2020.

Key Highlights

  • Gross Earnings grew by 6% to N454bn from N429bn in the previous quarter.

  • Profit before tax declined by 8% to N90.4bn.

  • Profit after tax declined by 5.5% to N77.1bn.

  • Net Assets grew by 9.6% from N598bn to N655bn.

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