UBA Reports N2.47tn Gross Earnings in Nine Months!

UBA Reports N2.47tn Gross Earnings in Nine Months!

Reported by Marian Opeyemi Fasesan | Sele Media Africa

United Bank for Africa Plc (UBA) has announced gross earnings of N2.47 trillion for the nine months ending September 30, 2025, showing a slight rise from N2.40 trillion posted in the same period in 2024.

What We Know:

• The growth is attributed to strong performance in interest income, fees, and commissions.
• The bank maintained stable margins despite macroeconomic headwinds such as currency depreciation and inflation.
• UBA also recorded growth in customer deposits and digital banking revenues.

Quote:

“We remain committed to delivering value to shareholders through innovation and efficiency.”
— UBA Group CEO, Oliver Alawuba

Why It Matters:

• Reflects resilience in Nigeria’s banking sector amid challenging economic conditions.
• Signals investor confidence and stable risk management practices.
• Supports UBA’s pan-African expansion strategy with improved earnings.

What to Watch:

• Full-year financial results and dividend guidance.
• Performance of other Tier-1 banks amid similar pressures.
• Regulatory or fiscal policy shifts that could affect banking profitability.

Sources:

1. UBA Group Financial Statement – Q3 2025
2. Nigerian Exchange Limited (NGX) Filing

About The Author

Marian Opeyemi Fasesan

editor

Marian Opeyemi Fasesan is a dynamic journalist and editorial leader committed to excellence in news reporting and storytelling. As the Editor-in-Chief of Sele Media Africa, she ensures daily operations run smoothly while upholding the highest editorial standards. With a strong eye for detail and deep understanding of audience engagement, Marian coordinates content across platforms, guiding teams to produce compelling, timely, and credible news. Her leadership reflects the heart of Sele Media Africa’s mission—to inform, inspire, and elevate voices across the continent.

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