UBA assets hit N33trn, sustain growth momentum into Q1’26

Author: Urowayino JeremiahPublished on: April 27, 2026Country: Nigeria

Business & Economy

UBA assets hit N33trn, sustain growth momentum into Q1’26

United Bank for Africa Plc (UBA) has seen its assets surpass the N33 trillion mark, reaching N33.1 trillion in Q1 2026. Gross earnings grew by 5% to N801.5 billion, supported by a 6.9% increase in interest income. However, profit before tax declined by 21.4% to N160.7 billion due to earnings normalization following extraordinary charges in 2025. Customer deposits remained strong at N26.2 trillion.

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