United Bank for Africa (UBA) has reported a robust profit of N189.84 billion for the first quarter of 2025, reflecting a strong financial performance and a solid start to the year.
The figure represents a 33.15% increase from the N142.58 billion posted in the same period of 2024, underscoring the bank’s continued growth trajectory despite economic headwinds.
In a corporate disclosure to the Nigerian Exchange Ltd. on Wednesday, UBA also reported a 30.65% rise in profit before tax, which surged from N156.34 billion in Q1 2024 to N204.27 billion in Q1 2025.
The bank’s interest income also recorded a significant boost, climbing 36.09% year-on-year to N599.83 billion, compared to N440.76 billion in the corresponding period last year.
These results highlight UBA’s resilience and strategic focus on profitability across its diverse banking operations.
MESSAGE us @ https://Wa.me/+2348072633727 for business relationship, Advert, PR, Publicity, Awareness, Interviews, Feature Stories, Press Release/Statement and so on…
YOU CAN READ MORE NEWS UPDATES AND INFO @ https://www.voiceairmedia.com
President Bola Ahmed Tinubu has approved a ₦3.3 trillion payment plan to clear long-standing debts…
Independent National Electoral Commission has directed all Resident Electoral Commissioners (RECs) to suspend publicity and…
News Update Members of the All Progressives Congress in Ise/Orun Local Government Area of Ekiti…
..Family prays God grant APC victory in August 15 News Update Following the heavy rainstorms…
THE Governorship Candidate of All Progressives Congress APC in the forthcoming governorship election in Osun…
As Christians commemorate the resurrection of Jesus Christ, the immediate past Governor of Ekiti State…