Investors Bite

Ecobank Makes N389 Billion In Six Months

August 24, 2017/ETI Ecobank Transnational Incorporated (ETI) made impressive results in all the key financial indices for the half year ended 30 June 2017. The audited results released to the Nigerian Stock Exchange (NSE) yesterday showed that the pan African bank recorded gross earnings of  N389 billion for the H1 in […]

UBA Delivers Stellar Performance in Half-Year 2017, Grows Profit by 66%

…………Declares N0.20 Per Share Interim Dividend   …………..African Subsidiaries Contribute 32% of the Group’s Earnings August 24, 2017/UBA Plc  The Pan African financial institution, United Bank for Africa (UBA) Plc has announced its audited half year financial results ended June 30, 2017, showing remarkable performance across major metrics. UBA grew its […]

UBA Reports Q2 2017 Results – OPEX Increased by 20% YoY

Culled—Proshare August 24, 2017/FBNQuest Research Event: United Bank for Africa (UBA) reports Q2 2017 results Implications: Upgrades to consensus 2017 forecasts likely Positives: Q2 PBT advanced by 92% y/y Negatives:  Opex increased by 20% y/y; provisions were up by 104% q/q UBA’s Q2 2017 results which were published this afternoon […]