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United Bank for Africa PLC

UBA.LG

Latest Trade

7.70NGN

Change

-0.50(-6.10%)

Volume

46,968,616

Today's Range

7.40

 - 

8.60

52 Week Range

4.40

 - 

9.80

As of on the Nigerian Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
8.20
Open
8.20
Volume
46,968,616
3M AVG Volume
753.86
Today's High
8.60
Today's Low
7.40
52 Week High
9.80
52 Week Low
4.40
Shares Out (MIL)
34,199.42
Market Cap (MIL)
280,435.30
Forward P/E
4.27
Dividend (Yield %)
11.83

Next Event

Q3 2020 United Bank for Africa PLC Earnings Release

Latest Developments

More

United Bank For Africa Group Qtrly Pre-Tax Profit Rises

United Bank For Africa Posts Qtrly Group Net Interest Income Of 65.42 Bln Naira

United Bank For Africa Posts FY Group Profit Before Tax Of 111.29 Bln Naira

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About United Bank for Africa PLC

United Bank for Africa Plc is engaged in corporate, commercial and retail banking, trade services, cash management, treasury and custodial services. The Company's business segments are Corporate Banking; Retail/Commercial banking, and Treasury and Financial Markets. The Corporate Banking segment provides a range of financial solutions to multinationals, regional companies, state-owned companies, non-governmental organizations, international and multinational organizations and financial institutions. The Retail/ Commercial banking segment provide commercial banking products and services to the middle and retail segments of the market. The Treasury and Financial Markets segment provides financing and risk management solutions and advisory services to the Company's corporate and institutional customers. This segment is also responsible for formulation and implementation of financial market products for its customers.

Industry

Regional Banks

Contact Info

57 Marina

Nigeria

+234.1.6319822

https://www.ubagroup.com/

Executive Leadership

Tony O. Elumelu

Non-Executive Chairman

Kennedy Uzoka

Group Managing Director/Chief Executive Officer, Member of the Executive Management Committee, Executive Director

Victor O. Osadolor

Deputy Managing Director

Joseph Chiedu Keshi

Non-Executive Vice Chairman

Ugochukwu A. Nwaghodoh

Group Chief Finance Officer, Member of the Executive Management Committee

Key Stats

2.25 mean rating - 12 analysts
Sell
Hold
Buy
Revenue (MM, NGN)

2017

326.6K

2018

308.2K

2019

346.3K

2020(E)

400.1K
EPS (NGN)

2017

2.220

2018

2.200

2019

2.520

2020(E)

1.920
Price To Earnings (TTM)
3.82
Price To Sales (TTM)
0.69
Price To Book (MRQ)
0.46
Price To Cash Flow (TTM)
2.93
Total Debt To Equity (MRQ)
96.80
LT Debt To Equity (MRQ)
63.74
Return on Investment (TTM)
--
Return on Equity (TTM)
1.29

Latest News

Latest News

Exclusive: Nigeria in $1.5 billion oil prepay deal with traders Vitol, Matrix

Nigeria's state oil firm NNPC has signed a $1.5 billion prepayment deal led by Standard Chartered <STAN.L> and backed by oil traders Vitol Group and Matrix Energy, two sources close to the matter said, the first such agreement since the coronavirus pandemic.

UPDATE 2-Nigeria levies $3.9 bln on banks to soak up liquidity, support naira

* Money market rates spike up to 35% -bankers (Adds further details, bullet points)

Nigeria needs $330 million for coronavirus battle, turns to private sector

Nigeria has appealed to private companies to make voluntary contributions towards the 120 billion naira ($330 million) the government says it needs to fight the coronavirus epidemic.

Nigeria needs 120 bln naira for coronavirus battle, turns to private sector

Nigeria has appealed to private companies to make voluntary contributions towards the 120 billion naira ($330 million) that the government says it needs to fight the coronavirus epidemic.

UPDATE 6-Nigeria levies $1.3 bln charge on banks for failing to meet loan target

* Central bank trying to boost lending to support growth (Adds comment on bankers meeting with central bank)

Nigerian lenders asked central bank to review $1.3 bln levy -banking source

Nigerian lenders have asked the central bank to review a $1.3 billion charge levied on 12 lenders because the regulator did not stick with the cut off date it published when the policy was announced, one banking source told Reuters.

Nigeria cenbank to charge lenders more than $1.3 bln over loan ratios - banking sources

Nigeria's central bank plans to charge 12 banks more than 400 billion naira ($1.3 bln) for failing to meet its minimum loan-to-deposit ratio requirement after a September deadline, three banking sources told Reuters on Thursday.

UPDATE 2-Nigeria orders banks to lend or face sanctions

Nigeria's central bank will try to force banks to lend more or face higher cash reserve requirements, part of a series of measures aimed at reviving an economy stuck with low growth.

UPDATE 1-MTN Nigeria signs 200 bln naira loan after Lagos listing

MTN Nigeria said on Friday it has signed a 200 billion naira ($653 million) loan with seven local banks, a day after it floated its shares on the Lagos stock market.

MTN Nigeria signs 200 bln naira loan after debut Lagos listing

MTN Nigeria said on Friday it has signed a 200 billion naira ($653 million) loan with seven local banks, a day after it floated on the Lagos bourse in a debut stock market listing.

UPDATE 1-Nigeria appoints local banks for 3.4 trln naira note issue

Nigeria has appointed local banks to issue 3.4 trillion naira of promissory notes that will go to settle a backlog of state obligations, the finance minister said on Wednesday.

CORRECTED-Nigeria's pan-African bank UBA expands to Mali

Nigeria's pan-African bank United Bank for Africa (UBA) will open a new branch in Mali on Feb. 4, expanding in a region where it already operates in a dozen countries.

UPDATE 1-Tanzania central bank suspends five banks from interbank FX market

Tanzania's central bank has suspended five banks from trading in the interbank foreign exchange market for one month for breaching regulatory rules, a senior official said on Wednesday.

Tanzania central bank suspends five banks from interbank FX market

Tanzania's central bank has suspended five banks from trading in the interbank foreign exchange market for one month for breaching regulatory rules, a senior official said on Wednesday.

UPDATE 1-MTN Nigeria signs 200 bln naira loan to expand network

MTN Nigeria has signed a 200 billion naira ($636 million) loan with a consortium of 12 lenders to fund capital expenditure and working capital, it said on Thursday.

BRIEF-United Bank for Africa Posts Q1 Group Pretax Profit Of 26.56 Bln Naira

* QUARTER ENDED MARCH 2018 GROUP PROFIT BEFORE INCOME TAX OF 26.56 BILLION NAIRA VERSUS 25.47 BILLION NAIRA YEAR AGO

BRIEF-United Bank For Africa Posts FY Group Pre-Tax Profit 105.26 Bln Naira

* FY ENDED DEC 2017 GROUP PROFIT BEFORE TAX 105.26 BILLION NAIRA VERSUS 90.64 BILLION NAIRA YEAR AGO

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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