United Bank for Africa Plc reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net interest income was NGN 164,969 million compared to NGN 105,051 million a year ago. Net income was NGN 66,442 million compared to NGN 44,217 million a year ago. Basic earnings per share from continuing operations was NGN 1.94 compared to NGN 1.29 a year ago.
For the nine months, net interest income was NGN 443,082 million compared to NGN 282,513 million a year ago. Net income was NGN 442,029 million compared to NGN 111,903 million a year ago. Basic earnings per share from continuing operations was NGN 12.93 compared to NGN 3.27 a year ago.