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Nairametrics
Home Markets Equities Company Results

2021 Q1 Results: Unity Bank records a 43% surge in profit to N721.5 million

Chidi Emenike by Chidi Emenike
April 30, 2021
in Company Results, Markets
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Unity Bank Plc released its unaudited results for the first quarter of the year (Q1, 2021).

  • Net interest income for the period was N4.8 billion. (+16% YoY)
  • Net fee and commission income was N1.6 billion. (-14% YoY)
  • Net operating income was N6.7 billion. (+12% YoY)
  • Total operating expenses of N5.9 billion. (+9% YoY)
  • Profit for the period was N721.5 million. (+43% YoY)
  • Earnings per share of 6 kobo Vs 4 kobo YoY

See link to results.

Tags: Company Financial ResultsUnity Bank Plc
Chidi Emenike

Chidi Emenike

Chidi Emenike is a graduate of economics, a Young African Leadership Initiative Fellow and an Investment Foundations certificate holder. He worked as a graduate Teaching Assistant in the Federal College of Education Kano and is also a trained National Peer Group Educator on Financial Inclusion

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