United Bank for Africa ( UBA) Plc has depreciated by 0.7% to a value of N7.15 at the end of the trading week.
NewsBeatng reports that the bank’s market capitalization closed the week at N244.52 billion showing a decline of N1.07 billion from the N246.23 from the market close last week.
UBA Plc released its Q3 2022 financial statements, disclosing that net interest income appreciated by 29% to N105 billion from N81.1 billion, while total assets grew to N9.31 trillion from N8.45 trillion recorded during the comparable period in 2021.
In addition, the company’s profit after tax rose by 3.85% to N45.708 billion from N44.014 billion in the same period of 2021.
