Results & Dividends

United Bank for Africa 2020FY: Strong Performance Recorded

March 9, 2021/Cordros Report UBA Plc released audited 2020FY numbers yesterday evening, which showed that the bank recorded a strong performance for the period. Impressively, the bank recorded growth in both core and non-core income lines despite the pressured operating environment during the fiscal year. On the EPS of NGN3.20 […]

UBA Delivers Double-Digit Growth in Gross Earnings, as Profit Hits N132bn

       Gross Earnings Crosses the N600bn Mark ·       Proposes Final Dividend of N0.35k March 8, 2021/UBA Plc Pan-African financial institution, United Bank for Africa Plc (UBA) has announced its audited results for the full-year ended December 31, 2020, recording impressive growth across its top and bottom lines. The 2020 audited […]

Nigerian Breweries Plc FY-2020: Brighter Prospects but Pricey Valuation

March 8, 2021/United Capital Report Brighter prospects but pricey valuation In its recently released FY-2020 scorecard, NB reported a 4.3% y/y growth in Revenue, printing at N337.0bn, from N323.0bn in FY-2019. The growth in Revenue was driven by a solid recovery in H2-2020 where Revenue grew 21.2% y/y compared to […]