United Bank for Africa Plc has released its Q1 2022 financial result, which revealed a profit of N41.50 billion during the period. This reflects an 8.76% growth year on year. Earnings per share for the period was reported as N1.14, a 9.62% increase from the N1.04 reported a year earlier in 2021. The report revealed that in Q1 2022, Net interest income grew by 14.10% from N74.38 billion to N84.87 billion in the current period. UBA’s profit performance is on the back of all margin growth as income from interest,…
Read MoreUBA DECLARES N42 BILLION PROFIT IN Q1 2022
