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 […]
Tag: Profit After Tax
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 […]
UBA Says Q1 2016 Profit up Marginally 0.2%
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 […]
