October 22, 2024/CSL Research UBA’s 9M 2024 unaudited numbers showed a strong 170.0% y/y growth in Interest Income to N1,798.9bn driven mainly by growth in Interest Income on Investment Securities and loans. Q/q, Interest Income was up 41.3% in Q3 2024 compared with Q2 2024. Net Loans to customers grew […]
Results & Dividends
Unilever Nigeria Plc Q3-24: Strong Topline Growth Supports Profitability
October 21, 2024/Cordros Report Unilever Nigeria Plc (UNILEVER) published their Q3-24 unaudited results this afternoon reporting standalone earnings per share of NGN1.14 (Q3-23: NGN0.59). Similarly, for 9M-24, the company also posted an EPS increase to NGN1.92 (9M-23: NGN1.30). The increase in earnings was primarily due to robust revenue growth (+54.5% […]
UBA Plc 9M-24: Strong Funded Income Growth Boosts Profitability
October 21, 2024/Cordros Report United Bank for Africa Plc (UBA) published their 9M-24 financials today (21 October). We highlight that the stellar growth in the group’s core income (+170.0% y/y) was sufficient to offset the decline in non-core income (-24.1% y/y), leading to a 14.3% growth in EPS to NGN14.78 […]
