——-Declares Interim Dividend of N2.00 Per Share ——-Total Assets up by 37.2% to N28.3 trillion ——-Customer Deposits hits N23.2 trillion, climbs 34% ——-Makes Profit Before Tax of N401.6bn September 30, 2024/UBA Plc Africa’s Global Bank, United Bank for Africa (UBA) Plc has released its audited financial results for the half […]
Results & Dividends
UBA Plc H1-24: Substantial Interim Dividend Declared Amid Soft Profitability Decline
September 30, 2024/Cordros Report United Bank for Africa (UBA) released their H1-24 interim financials today (30 September), showing an 18.7% y/y decline in EPS to NGN8.90 (H1-23: NGN10.95). The decrease in the group’s EPS is attributable to the lower non-core income (-43.1% y/y) recorded, undermining the growth in the group’s […]
UBA H1 2024: Loss on Derivatives and High OPEX weigh on H1 Profit
September 30, 2024/CSL Research UBA’s H1 2024 audited numbers showed a strong 134.3% y/y growth in Interest Income to N1,003.6bn driven mainly by growth in Interest Income on Investment Securities and loans. Q/q, Interest Income was up 27.7% in Q2 2024 compared with Q1 2024. Net Loans to customers grew […]
