UBA Plc posts profit after tax of N38.16 billion in Q1 2021.

United Bank for Africa Plc released its unaudited results for the first quarter of the year (Q1, 2021).

Net interest income for the period was N74.4 billion. (+13.7% YoY)
Net fee and commission income was N20.4 billion. (+8.9% YoY)
Net operating income after impairment was N104.6 billion. (+14.6% YoY)
Total operating expenses of N64.45 billion. (+9.9% YoY)
Profit for the period was N38.16 billion. (+26.8% YoY)
Earnings per share of N1.04 Vs 83kobo YoY.

See link to results.