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BREAKING: UBA’s pre-tax profit surges 30.65% to N204.27 billion in Q1 2025 

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United Bank for Africa Plc (UBA) has released its unaudited financial results for the first quarter ended March 31, 2025, posting a robust pre-tax profit of N204.27 billion, representing a 30.65% year-on-year growth from Q1 2024.

Net profit also saw a strong performance, with profit after tax rising 33.15% to N189.84 billion, compared to N142.58 billion recorded in the same period last year.

The report highlights that interest income remained a significant driver of growth, hitting N599.83 billion, a 36.09% increase YoY.

 

More details soon…

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