November 20, 2020/UBA Plc United Bank for Africa (UBA) Plc, the Pan African financial institution, has announced commendable performance in its unaudited 2020 Third Quarter Financial Results, with impressive growth in Gross Earnings, which rose to N454.4 billion, up from N428.7billion recorded in September 2019. According to the report […]
Results & Dividends
UBA Says Q3 2020 Gross Earnings Rise +6.0% to N454.4 Billion
October 22, 2019 By Pascal IJEH InvestAdvocate Lagos (INVESTADVOCATE)-Africa’s global lender, the United Bank for Africa Plc (UBA) on Friday reported a rise in gross earnings of +6.0 percent to N454.39 billion in its third quarter report ended September 30, 2020 compared to N428.74 billion recorded the same period of […]
UAC of Nigeria Q3 2020 Results Review: Upgrading to Outperform Given Strong Upside Potential
November 20, 2020/Proshare by FBNQuest Research Material increases to earnings and price target We have raised our price target for UAC of Nigeria (UACN) by 61% to NGN11.9 and upgraded our rating to Outperform from Neutral, following the company’s Q3’20 results, which exceeded expectations. PBT of NGN1.4bn overshot our estimate […]
