ALERT: Union Bank reports N9.2 billion profit (2017 HY)

Union Bank released its Unaudited consolidated financial results for the period ended 30 June 2017 ; See below

Gross Earnings N’m

2017 6 Months | 73,682

2016 6 Months | 60,069

%age Change| 23%

Pre Tax  Profit N’m

2017 6 Months|9,460

2016 6 Months| 8,925

%age Change| 8%

Profit after Tax N’m

2017 6 Months|9,200

2016 6 Months| 8,761

%age Change| 5%

EPS (Kobo)

2017 6 Months| 54k

2016 6 Months| 52k

%age Change| 4%

This result was officially released on the 27th of July 2017.

[gview file=”https://cdn.nairametrics.com/wp-content/uploads/2017/07/UNION_BANK_-_HALF-YEAR_JUNE_2017_FINANCIAL_STATEMENTS_JULY_2017.pdf”]