Follow Us on Google Discover![[Corporate Action] Unity Bank Posts 15% Drop In Profits to N9.3 billion In Q3’2015](https://cdn.nairametrics.com/wp-content/uploads/2015/02/Unity-Bank-logo.jpg){kind=logo}
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..
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| 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 | ||
