UBA grows profit by 10.94% to N116.042b in nine months

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    United Bank For Africa Plc, UBA, has released its Condensed Interim Consolidated Financial Statements for the period ended 30 September 2022 with net operating income after impairment loss on loans and receivables rising to N400.810 billion in nine months from N328.279 billion in 2021.

    The figure for the third quarter (Q3) rose to N153.471 billion from N119.970 billion in Q3 2021.

    Profit for the period rose by 10.94% to N116.042 billion in nine months from N104.597 billion in 2021.

    Profit for the Q3 rose by 3.85% to N45.708 billion from N44.014 billion in Q3 2021.

     

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