UBN Declares N19.9bn PAT in 2019 Audited Results Proposes N0.25k Final Div. (SP:N6.85K)


Thursday, March 05, 2020 /5:33 PM / By NSE / Header Image Credit: Union Bank

Union Bank of Nigeria Plc released its 2019 Audited results for the period ended December 31st, 2019.

Key Highlights

  • Gross Earnings grew by 14.45% to N166.5bn from N145.5bn in the previous quarter.

  • Profit before tax grew by 10.3% to N20.4bn.

  • Profit after tax grew by 9.85% to N19.9bn.

  • Net Assets also grew by 11.8% to N252bn from N226bn.

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