Follow Us on Google Discover![[Corporate Action] UBA Records N57bn In Pre-tax Profits For Q3′ 2015](https://cdn.nairametrics.com/wp-content/uploads/2015/09/Uba-source-uba-group.gif)
United Bank for Africa(UBA) released its financial results for the nine months ended 30th September 2015. The results showed a 34% rise in pre-tax profits from N42billion in Q3 2014 to N57billion in Q3 2015.
See summary of result below…
| UBA 9 Months | Sep-15 | Sep-14 | % Change |
| N’bn | N’bn | ||
| Net Interest Income | 102,115 | 81,960 | 24.59% |
| Commision Fees & Other Income | 40,578 | 36,178 | 12.16% |
| Operating Expenses | -104,607 | -93,460 | 11.93% |
| Pre-tax profits | 57,366 | 42,543 | 34.84% |
| Profit After Tax | 48,557 | 33,628 | 44.39% |
| Current Share Price | 4.10 |
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