UBA Plc has released its unaudited results for the first nine months of 2025, reporting a profit of ₦537.5 billion, up 2.33% from ₦525 billion last year.
Strong interest income and lending growth drove this rise, highlighting the bank’s resilience.
UBA Profit Climbs On Interest Income
Furthermore, gross earnings climbed 2.96% to ₦2.5 trillion, supported by loans and investment securities.
Net interest income increased 6.2% to ₦1.17 trillion, even though interest expenses rose 16.3% to ₦808.7 billion.
Earnings Mix: Loans And Fees
Meanwhile, loans and advances grew 3.5% to ₦7.2 trillion, contributing significantly to earnings.
However, non-interest income fell 28.8% to ₦310.1 billion, mainly because trading and FX income dropped 77.3%.
Nevertheless, fees and commissions grew 4.3%, boosted by higher transactions, trade finance, and digital banking services.
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Stronger Balance Sheet And Market Response
Importantly, the bank halved loan impairments to ₦56.9 billion, raising net interest income after impairments to ₦1.11 trillion, reflecting stronger credit quality.
On the balance sheet, total assets rose 8% to ₦32.49 trillion, thanks to growth in cash, loans, and investment securities.
Additionally, customer deposits increased 8.7% to ₦23.8 trillion, while shareholders’ funds climbed to ₦4.3 trillion.
Consequently, the market reacted positively, sending UBA’s share price up 1.9% to ₦39.75 and boosting year-to-date gains to 16.9%.
In summary, UBA’s 9M 2025 results illustrate steady profit growth, improved credit quality, and resilience powered by interest income.
