UBA boosts profit by 256.89% in FY 2023, declares N2.3 as final dividend

United Bank for Africa Plc on Monday declared a final dividend of N2.30 to shareholders for the year ended 31 December 2023.

The Group achieved Gross Earnings of N2.075 trillion for the 12 months period, up by 143.34% from N852.86 billion achieved in FY 2022.

Profit after tax grew year on year by 256.89% to N607.696 billion from N170.277 billion reported the previous year.

Earnings per share of UBA stands at N17.77.

At the share price of N25.15, the P/E ratio of UBA stands at 1.42x with earnings yield of 70.65%.

Leave a Reply

Your email address will not be published. Required fields are marked *