Results & Dividends

UBA Delivers N153 Billion Profit, Records 11% Balance Sheet Growth

March 7, 2022/UBA Plc Africa’s Global Bank, United Bank for Africa (UBA) Plc, has announced its audited results for the full year ended December 31, 2021, reporting impressive performance in key financial metrics. The 2021 financial result filed by the bank at the Nigerian Stock Exchange (NSE) on March 4, […]

UBA Plc 2021FY: Strong Core Income Growth Drives Performance

March 7, 2022/Cordros Report UBA released its audited full-year results during the weekend, and the performance was in line with our expectations. The bank’s core income growth and lower funding costs supported its strong performance. Overall, the bank recorded a 9.4% y/y growth in EPS to NGN3.39 in 2021FY (2020FY: […]

UBA Plc FY 2021: Q4 Profit Down but Decent FY 2021 Performance

March 7, 2022/CSL Research UBA’s FY 2021 AUDITED numbers showed a moderate 10.8% y/y growth in Interest Income to N474.3bn (Net loans to customers grew 4.9% y/y). Interest Expense, on the other hand, was down 6.4% y/y but was up 8.1% q/q. The q/q growth reflects the gradual increase in […]