![[Corporate Action] UBA Posts N39bn In Pre-tax Profits For 2015 H1](https://nairametrics.com/wp-content/uploads/2015/09/927-profit-r_article.jpg)
United Bank for Africa(UBA) released its 2015 Half Year results showing a 35% increase in pre-tax profits from N28billion in 2014 H1 to N39billion in 2015.
See Summary of result below…
| UBA H1 2005 | Jun-15 | Jun-14 | % Change |
| N’bn | N’bn | ||
| Net Interest Income | 166,943 | 138,225 | 20.78% |
| Commision Fees & Other Income | 30,357 | 27,087 | 12.07% |
| Operating Expenses | -65,610 | -58,301 | 12.54% |
| Pre-tax profits | 39,046 | 28,893 | 35.14% |
| Profit After Tax | 31,999 | 22,856 | 40.00% |
| Current Share Price | 3.46 |
