Q3 2021: UBA’s gross earnings hit N490.3 billion, reports 37% growth in profit


AFRICA’S Global Bank, United Bank for Africa (UBA) Plc, has announced impressive performance in its unaudited financial results for the third quarter ended September 30, 2021, recording impressive growth across all its major indices, replicating the commendable performance it achieved in the first two quarters of the current fiscal year. 

Specifically, the bank’s gross earnings rose to N490.3 billion, up from N454.4 billion recorded in September 2020, while operating income grew by 13 per cent year-on-year to close at N331.7 billion as of September 2021, up from N293.7 billion achieved a year earlier. 

In the report filed with the Nigerian Stock Exchange (NSE) on Monday, UBA reported…

Source: Nigerian Tribune

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