Culled—Proshare 24/4/2019/ ARM Research Solid outing to the year After a very weak Q4 performance which dragged overall full year earnings, UBA Plc posted strong recovery in Q1 2019, showing improvement across income lines. Particularly, the bank recorded material growth in non-interest revenue (+72% QoQ), following sturdy growth in net […]

April 25, 2019/InvestmentOne Report §  Contraction in topline: down 6.60% q/q, 20.83% y/y §  Lower gross profit margin: down 596bps q/q, 756bps y/y §  Reduced opex/sales ratio:  down 865bps q/q, 162bps y/y •   Profit Before Tax of N2.03billion in Q1 2019 against a Loss Before Tax of N30.14million in Q4 […]

April 23, 2019 By Paschal IJEH InvestAdvocate Lagos (INVESTADVOCATE)-Africa’s global lender, the United Bank for Africa Plc (UBA) said on Tuesday its profit after tax (PAT) for the period ended March 31, 2019 climbed up 20.8 percent to N28.66 billion from N23.73 billion recorded a year ago. Profit before tax […]