UBA Reports N335 Billion Profit and Strong Growth in First Half of 2025
UBA Plc, a major Nigerian bank, announced a profit of N335 billion in the first half of 2025, reflecting a strong performance and robust balance sheet growth despite global economic challenges. The bank's gross earnings increased by 17.28% to N1.608 trillion, with interest income rising by 32.89% to N1.334 trillion.
Total assets grew by 9.71% to N33.3 trillion, and customer deposits surged by 11.9% to N27.6 trillion. UBA's Group Managing Director, Oliv Alawuba, emphasized the bank's commitment to delivering long-term value to shareholders through consistent growth and strategic initiatives.
Plus234Feed summary based on reporting from Business Day. Read the original report below.
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