UBA Records 115% Growth In Gross Earnings As Profit Hits N502.1bn

UBA Records 115% Growth In Gross Earnings As Profit Hits N502.1bn
UBA Records 115% Growth In Gross Earnings As Profit Hits N502.1bn

Africa-Press – Nigeria. United Bank for Africa Plc, has again announced an impressive performance in its unaudited financial results for the third quarter ended September 30, 2023, recording remarkable growth across all key performance metrics.

The bank is consolidating on its remarkable performance achieved in the first two quarters of the current fiscal year with gross earnings surging by 115.2 percent to N1.30 trillion up from N608bn recorded last year, while operating income rose by 146 percent from N414 billion in September 2022; to N1.018 trillion in the year under consideration.

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