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Unity Bank released its financial results for the nine months ended September 30 2015.

The result showed that Net interest income dipped by 18.84% from N25 billion to N20 billion in Q3’2015.

Pre-tax profits also dropped by 13.90% from N12 billion to N10 billion in Q3’2015.

See Summary of result below..

UNITY BANK Q3 2015 Sep-15 Sep-14 % Change
N’m N’m
Net Interest Income 20,854 25,695 -18.84%
Commission Fees & Other Income 7,173 6,511 10.17%
Operating Expenses -22,803 -20,865 9.29%
Pre-tax profits 10,347 12,018 -13.90%
Profit After Tax 9,313 11,057 -15.77%
Share Price(as at press time)  N1.30



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