United Bank for Africa (UBA) Plc has announced its financial results for the first half of 2025, recording a pre-tax profit of N388.4 billion for the period ended June 30.
The result represents a slight dip compared with the N401.5 billion profit before tax posted in the corresponding period of 2024. Despite the decline, the bank maintained a strong performance, driven by robust growth in its core revenue streams.
Solid income growth
UBA’s interest income rose by 32.89 percent to N1.3 trillion in H1 2025, compared with N1 trillion in the first half of 2024. Treasury bills were the highest contributor, generating N366.4 billion, followed by term loans to corporates at N319 billion.
Bonds under investment securities delivered N279.2 billion, while cash and bank balances accounted for N113.2 billion. Interest on loans and advances to banks added N105.6 billion, with other income sources making up the balance.
Dividend payout
In line with its results, the board of directors has proposed an interim dividend of 25 kobo per share for the period, a steep reduction compared with the N2.00 per share declared in H1 2024.
The new payout translates to a dividend payout ratio of 7.83 percent, slightly above the 7.3 percent recorded a year earlier. However, dividend yield slipped to 1.4 percent, down from 8.9 percent in 2024, reflecting the lower interim dividend.
Outlook
Market analysts note that while profitability moderated year-on-year, UBA’s steady interest income growth highlights the resilience of its balance sheet amid challenging macroeconomic conditions. The reduced interim dividend, however, signals a more cautious capital management approach as the bank navigates the evolving operating environment.
Uba is good I support them with sum of 50,987,654 dollars tax profit in Nigeria alone