Cynthia Ezegwu
United Bank for Africa Plc (UBA) has reported gross earnings of N2.47 trillion for the 9 months ended September 30, 2025, representing a slight enhance from N2.40 trillion recorded within the corresponding interval of 2024.
According to the group’s unaudited {financial} statements filed with the Nigerian Exchange Limited on Thursday, revenue after tax rose by 2.3 per cent to N537.5 billion from N525.3 billion in the identical interval final yr.
UBA’s curiosity revenue grew to N1.98 trillion from N1.80 trillion in 2024, pushed largely by increased earnings from funding securities and buyer loans. However, curiosity bills additionally rose to N808.7 billion, up from N695.6 billion, reflecting increased funding prices through the interval.
The {bank}’s complete belongings elevated to N32.49 trillion as of September 2025, in comparison with N30.32 trillion recorded in December 2024, whereas shareholders’ funds rose to N4.3 trillion from N3.4 trillion.
Total working bills stood at N846.1 billion, barely above the N812.2 billion reported within the earlier yr. The group additionally recorded a 9.8 per cent rise in retained earnings to N1.77 trillion, reflecting continued profitability and stability sheet enlargement throughout its African and worldwide operations.
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UBA disclosed that it’s at the moment concerned in 1,766 authorized circumstances, in comparison with 1,703 in 2024, with complete claims estimated at N942 billion, decrease than N1.325 trillion final yr. The {bank} acknowledged that, based mostly on authorized recommendation, no important legal responsibility is anticipated past present provisions.
In compliance with regulatory necessities, complete commitments and contingent liabilities stood at N158 million through the overview interval.
The group additionally reported a free float share of 84.36 per cent, with a free float worth of N1.495 trillion as of September 30, 2025, confirming UBA’s continued compliance with the Nigerian Exchange’s Premium Board itemizing necessities.
