2020 FY: UBA posts N113.77 billion profit after tax as earnings per share prints at N3.20

United Bank for Africa Plc released its full-year results for the year ended December 2020.

  • Net Interest Income after adjusting for impairments was N232.46 billion. (+14.2% YoY)
  • Profit before tax was N131.86 billion. (+18.5% YoY)
  • Earnings per share of N3.20 vs N2.52. (+27.0% YoY)
  • Deposits from customer was N5.68 trillion (+48.1% YoY)
  • Loans and advances to customer was N2.55 trillion (+23.96% YoY)
  • A final dividend of N0.35 was proposed. (-56.25% YoY)

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