By InvestAdvocate Lagos (INVESTADVOCATE)-Union Bank of Nigeria Plc (UBN) on Wednesday announced it has posted a profit after tax (PAT) of 4.72 billion in its first quarter (Q1) report ended March 31, 2016 compared to N2.40 billion recorded a year ago. Similarly, profit before tax (PBT) grew from N2.49 billion […]
Tag: Gross Earnings
GT Bank Q1 2016 results – Significant loss of N5.3bn in other income line
Wednesday, April 20, 2016 6:07PM/ FBNQuest Event: GT Bank reports Q1 2016 results Implications: Market reaction likely to be neutral to slightly negative Positives: Limited to provisions coming in 4% lower y/y Negatives: Significant (N5.3bn) loss on the other comprehensive income line GT Bank’s Q1 2016 results which have just […]
Efficiency Gains Drive UBA’s First Quarter Profits To N18 Billion
20/4/2016/UBA Pan Africa financial services group, United Bank for Africa Plc has announced its unaudited results for the first quarter of 2016 showing gross earnings of N74 billion and profit before tax of N18 billion for the three months ended March 2016. The Group sustained its strong profitability, recording an […]
