United Bank for Africa Plc
UBA Building

Tier one lender UBA Plc has released its results for the period ended June 2018. The bank also declared an interim dividend of N0.20 (twenty kobo). Here are highlights of the results.

Interest income

Interest income increased from N154.9 billion in 2017 to N187 billion in 2018.

Profit Before Tax

Profit before tax increased slightly from N57.5 billion in 2017 to N58.1 billion in 2018.

Profit After Tax

Profit after tax increased from N42.3 billion in 2017 to N43.7 billion in 2018.

Earnings Per Share

Earnings per share rose marginally from N1.20 in 2017 to N1.23 in 2018.

Current Share Price

UBA Plc closed at N8.05 in today’s trading session on the NSE.

DOWNLOAD UBA PLC H1 2018 RESULTS

Onome Ohwovoriole has a degree in Economics and Statistics from the University of Benin and prior to joining Nairametrics in December 2016 as Lead Analyst had stints in Publishing, Automobile Services, Entertainment and Leadership Training. He covers companies in the Nigerian corporate space, especially those listed on the Nigerian Stock Exchange (NSE). He also has a keen interest in new frontiers like Cryptocurrencies and Fintech. In his spare time, he loves to read books on finance, fiction as well as keep up with happenings in the world of international diplomacy. You can contact him via onome.ohwovoriole@nairametrics.com

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