UBA 9M 2019 results: Loan growth and fee growth
Guy Czartorsyki
23 Oct 2019 · Results First Look
UBA reported unaudited 9M results yesterday, with Net Profits up 32.3% y/y to N84.6bn (US$235.0m). Key drivers were Net Fee & Commission income up 25.3% y/y, Total Operating income up 11.6% y/y and Operating Expenses up by 8.4% y/y.
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