Results & Dividends

UBA Q3 2020 Results: Strong NII Reduces the impact of the Jump in Loan Impairment

November 30, 2020/InvestmentOne Report  ·         Net interest income of N66.70.56billion, up 23.73%q/q , 36.70%y/y      ·         Non-interest income of 30.37billion, down 37.83%q/q, 12.11%y/y. ·         Profit before tax of N33.24billion, up 36.23%q/q, 18.90% y/y. ·         Profit after tax of N32.70billion, up 128.20%q/q, 31.99%y/y. Higher earnings as NII improves Recently, UBA reported […]

International Breweries is Maintaining Underperform Rating in Q3 2020

November 27, 2020/Proshare by FBNQuest Research Slight changes to earning forecasts and price target International Breweries (IB) strengthened its balance sheet in Q3’20 with an 82% y/y increase in its cash balance to NGN47bn, thanks to favourable working capital changes, a lower capex and proceeds from last year’s rights issue. […]

Q3 2020: UBA Grows Gross Earnings to N454.4 Billion, Delivers N90.4 billion PBT

November 20, 2020/UBA Plc United Bank for Africa (UBA) Plc, the Pan African financial institution, has announced commendable performance in its unaudited 2020 Third Quarter Financial Results, with impressive growth in Gross Earnings, which rose to N454.4 billion, up from N428.7billion recorded in September 2019.   According to the report […]