UBA Dividend 2018

UBA Plc today released its results for the first quarter ended March 2019. Here are key highlights of the results.

Net Interest income  

Net interest income increased from N53.5 billion in 2018 to N58 billion in 2019.

Profit before tax

Profit before tax increased from N26.5 billion in 208 to N30.1 billion in 2019. This amounts to a 13.5% increase year on year. 

Profit after tax

Profit after tax increased from N23.7 billion in 2018 to N28.6 billion in 2019. This amounts to a 20.6% increase from the comparative period of 2018. 

Earnings per share 

Earnings per share increased from N0.67 in 2018 to N0.82 in 2019. This amounts to a 22.3% increase year on year.

UBA Q1 2019 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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