The share price of United Bank for Africa Plc has appreciated by 1.40% as its market capitalization closed the week at N247.95 billion to gain a total of N3.42 billion w-o-w, with its share price standing at N7.25.
NewsBeatng reports that in the UBA Plc Q1 2022 financial result, it was revealing that net interest income appreciated by 14.10% to N84.87 billion from N74.38 billion, while total assets grew to N8.89 trillion from N8.54 trillion in December 2021.
However, the company’s profit after tax rose by 8.76% to N41.50 billion, up from N38.16 billion in the same period of 2021.
