UBA Achieves N335bn PAT, Strong Growth in Earnings and Balance Sheet
United Bank for Africa (UBA) reported a Profit After Tax (PAT) of N335 billion for the financial period ending June 30, 2025, showcasing strong earnings and balance sheet growth. The audited financials released on the Nigerian Exchange Limited (NGX) revealed significant growth in gross earnings, profit before tax, and total assets.
Despite global economic challenges, UBA's gross earnings rose to N1 trillion, interest income increased, and total assets reached N4 trillion. Customer deposits also surged to N3 trillion.
The bank's profit before tax stood at N388 billion, with a slight decrease from the previous period. Shareholder funds increased by 23%.
These results demonstrate UBA's resilience and growth in a challenging economic environment.
Plus234Feed summary based on reporting from The Will. Read the original report below.
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