2020 FY Results: Unity Bank Plc posts profit after tax of N2.09 billion.

Unity Bank Plc released its full-year audited results for the year ended 31st December, 2020.

• Net interest income for the year was N17.75 billion. (+7.6% YoY)
• Fee and commission income of N5.22 billion. (+4.84% YoY)
• Total operating income was N21.34 billion. (-15.1% YoY)
• Operating expenses totalled N23.24 billion. (+18.8% YoY)
• Profit after tax for the year was N2.09 billion. (-38.3% YoY)
• Earnings per share of 18 kobo s 29 kobo YoY.
• No dividend was announced for the period.

See link to results.