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 […]
Results & Dividends
UBA Plc H1 2024: Loss on Derivatives and Higher Costs Weigh on Profit
September 30, 2024/InvestmentOne Report According to the H1’2024 financial report released by United Bank for Africa (UBA); the bank recorded a modest performance across major income lines amidst the headwinds in the local economy. In specifics, interest income rose by 134.32% YoY to NGN1.00trn, mirroring the prevailing high yield environment […]
Access Holdings H1 2024: High Opex and Impairment Charge Drag Q2 Profit
September 23. 2024/CSL Research Access Holding’s H1 2024 audited numbers showed a 142.6% y/y growth in Interest Income driven by growth in both Interest Income on Net Loans and on investment securities due to a higher yield environment and growth in earnings assets. Net Loans grew 34.8% in H1 2024 […]
