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Nairametrics
Home Markets Equities Company Results

2021 H1 Results: UBA grows half year profit by 36% to N60.58 billion.

Chidi Emenike by Chidi Emenike
September 9, 2021
in Company Results, Markets
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United Bank for Africa Plc (UBA) released its interim financial results for the half year period ended 30th of June, 2021.

  • Net interest income after impairment was N143.93 billion. (+29.1% YoY)
  • Net fee and commission income of N45.77 billion. (+18.6% YoY)
  • Employee benefit expenses totalled N42.62 billion. (-4.4% YoY)
  • Loans and advances to customers stood at N2.63 trillion.
  • Profit after tax was N60.58 billion. (+36.3% YoY)
  • Earnings per share of N1.69 Vs N1.24 YoY.
  • An interim dividend of 20 kobo per share was declared

See link to results.

Tags: Company Financial ResultsUnited Bank for Africa 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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