UNITED BANK FOR AFRICA PLC DELIVERS CORE INCOME GROWTH IN Q1 2026

United Bank for Africa Plc, leading Pan-African financial institution, has released its unaudited financial results for the first quarter ended March 31, 2026, demonstrating resilient operating performance and continued balance sheet strength despite a moderated profitability environment. Gross earnings increased by 5% to ₦801.5 billion, driven by growth across key revenue lines. Interest income also rose 6.9% to ₦641.1 billion, while non-interest income grew 17.3% to ₦137.1 billion, highlighting the Group’s expanding and diversified revenue base. Net interest income advanced 10.5% to ₦383.7 billion, supporting a 12.2% increase in operating…

Read More