28/8/2017/NSE This is to inform The Nigerian Stock Exchange as well as our Esteemed Stakeholders that we are experiencing a slight delay in the release of the 2017 Half Year Audited Financial Statements for Stanbic IBTC Holdings PLC (“Stanbic IBTC”). This delay is occasioned by the fact that we are […]
Results & Dividends
UBA H1’17: Stringent cost management and gains from FX boost PBT
August 28, 2017/InvestmentOne Research UBA released its Q2 2017 results on Thursday, which showed a +25.9% q/q jump in PBT to N32.1bn, its highest quarterly performance over the last three years. Furthermore, PBT was +21.7% higher than our estimates largely due to the non-interest income performance. The bank’s jump in […]
United Bank for Africa Plc H1’17 – Earnings Beat as Bank Maintains Strong Earlier Run Rate
Culled—Proshare August 25, 2017/Vetiva Research · Gross Earnings up 35% y/y – 16% ahead of our estimate · Strong FX trading income masks high costs, PAT 10% ahead of estimate · We maintain our 8% loan growth forecast, Ytd 4% · Board declares interim dividend of N0.20 per share – […]

