• Oliver Alawuba
United Bank for Africa (UBA) Plc has released its financial results for the third quarter ending September 30, 2025, showcasing notable growth across key indicators.
Gross earnings increased by 3.0% to N2.469 trillion, while net interest income rose by 6.2% to N1.172 trillion.
Although profit before tax (PBT) declined by 4.1% to N578.59 billion from N603.48 billion in Q3 2024, profit after tax grew by 2.3% to N537.53 billion, up from N525.31 billion last year.
Total assets reached N32.492 trillion, reflecting a 7.2% increase, and total deposits rose by 7.7% to N26.54 trillion.
Shareholders’ funds increased by 25.8% to N4.301 trillion, highlighting UBA’s strong internal capital generation capacity.
UBA’s Group Managing Director/CEO, Oliver Alawuba, emphasised solid performance based on prudent management and innovation, despite ongoing macroeconomic challenges.
Executive Director of Finance & Risk, Ugo Nwaghodoh, noted consistent growth in earnings and strengthened investor confidence, with capital adequacy and liquidity ratios well above regulatory thresholds.
UBA remains committed to sustaining profitability, expanding digital income streams, and delivering long-term value to shareholders.
As one of the largest employers in the African financial sector, UBA operates in twenty African countries and internationally, serving over 45 million customers with a focus on retail, commercial, and institutional banking services.
