United Bank for Africa Plc appreciated by 2.82% as its market capitalization closed the week at N249.66 billion to gain a total of N6.84 billion w-o-w, with its share price standing at N7.30.
In its H1 2022 financials released recently, the bank revealed that net interest income appreciated by 19.85% to N177.46 billion from N146.07 billion, while total assets grew to N9.00 trillion from N8.54 trillion in H1 2021.
NewsBeatng reports that the company’s profit after tax rose by 16.00% to N70.33 billion, up from N60.58 billion in the same period of 2021.
