2021 H1 Results: UBA grows half year profit by 36% to N60.58 billion.

United Bank for Africa Plc (UBA) released its interim financial results for the half year period ended 30th of June, 2021.

• Net interest income after impairment was N143.93 billion. (+29.1% YoY)
• Net fee and commission income of N45.77 billion. (+18.6% YoY)
• Employee benefit expenses totalled N42.62 billion. (-4.4% YoY)
• Loans and advances to customers stood at N2.63 trillion.
• Profit after tax was N60.58 billion. (+36.3% YoY)
• Earnings per share of N1.69 Vs N1.24 YoY.
• An interim dividend of 20 kobo per share was declared

See link to results.