United Bank for Africa Plc share price has appreciated by 1.3% as its market capitalization closed the week at N259 billion, gaining a total of N3.4 billion week-on-week.
NewsBeatng reports that the bank released its Q3 2022 financial statements, revealing 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, the company’s profit after tax rose by 3.85% to N45.708 billion from N44.014 billion in the same period of 2021.
