United Bank for Africa on Thursday published its Audited Financial Statement for the period ended 30 June 2021.
The result shows year on year growth in the Group’s top line and bottom line figures, compared to the figures declared in the corresponding period of last year.
Gross Earnings of N315.326 billion was achieved for the six months period, up by 5.02% from N300.257 billion reported the previous year.
Profit after tax grew year on year by 36.35% to N60.581 billion from N44.431 billion reported the previous year.
Earnings per share (EPS) of the Group for the six months period stands at N1.77, up by 36.35% from the EPS of N1.30.
At the share price of N7.85, the P.E Ratio of UBA stands at 4.43x with earnings yield of 22.57%.
According to the corporate action published by the Bank, an interim dividend of 20 kobo subject to applicable withholding tax, will be paid to shareholders whose names appear in the Register of Members as at the close of business on Thursday, September 23, 2021.
The Bank’s Register of Members will be closed on Friday, September 24, 2021 to enable the Registrars prepare for payment of interim dividend.
On Thursday, September 30, 2021, the interim dividend will be paid electronically to shareholders whose names appear on the Register of Members as at close of business on Thursday, September 23, 2021 and who have completed the e-dividend registration and mandated the Registrar to pay their dividends directly into their Bank accounts.