By 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, 2016 climbed up marginally 0.2 percent to N16.98 billion from N16.95 billion recorded a year ago. Profit before tax (PBT) dropped slightly 1.7 […]
Tag: Gross Earnings
ETI Says Q1 2016 Pretax Profit Down 32.4%
By InvestAdvocate Lagos (INVESTADVOCATE)- Pan-African lender, Ecobank Transnational Incorporated (ETI) said on Wednesday its pretax profit for the first quarter (Q1) period ended March 31, 2016 went down 32.4 percent to N20.63 billion from N30.52 billion recorded a year earlier. Similarly, profit after tax (PAT) declined 33.8 percent to N16.21 […]
Union Bank 2015 Pretax Profit Declines 47.5%
By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s rescued lender, Union Bank of Nigeria Plc said on Friday its pretax profit for the period ended December 31, 2015 declined 47.5 percent to N14.55 Billion from N27.71 billion recorded a year ago. Similarly, profit after tax (PAT) of the Bank dropped 50 percent to N13.98 […]
