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Last 7.75 NGN
Change Today 0.00 / 0.00%
Volume 64.2K
UBN On Other Exchanges
Symbol
Exchange
Lagos
As of 9:30 AM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

union bank nigeria plc (UBN) Snapshot

Open
8.10
Previous Close
7.75
Day High
8.10
Day Low
7.75
52 Week High
04/2/15 - 11.74
52 Week Low
11/7/14 - 6.48
Market Cap
131.3B
Average Volume 10 Days
234.0K
EPS TTM
1.50
Shares Outstanding
16.9B
EX-Date
11/17/08
P/E TM
5.2x
Dividend
--
Dividend Yield
--
Current Stock Chart for UNION BANK NIGERIA PLC (UBN)

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union bank nigeria plc (UBN) Details

Union Bank of Nigeria Plc provides investment, corporate, commercial, and retail banking products and services for individuals, small and medium sized companies, and corporations in Nigeria and Europe. It operates through four segments: Retail Banking, Corporate Banking, Treasury and Investment Banking, and Asset Management. The Retail Banking segment offers private banking services, private customer current accounts, deposits, investment savings products, custody, credit and debit cards, consumer loans, and mortgages. The Corporate Banking segment provides debit facilities, current accounts, deposits, overdrafts, loan and other credit facilities, and foreign currency products. The Treasury and Investment Banking segment offers financial instruments trading, structured financing, corporate leasing, and advisory services. The Asset Management segment is involved in the provision of financial intermediation services, which include trust services, granting of loans and advances, equipment leasing, LPO financing, loan syndication, fixed tenured borrowings, and insurance brokerage services to corporate and individual customers. The company also provides insurance, registrars, pension fund custodial, and trusteeship services. Union Bank of Nigeria Plc operates 300 branches in Nigeria. The company was founded in 1917 and is headquartered in Lagos, Nigeria.

3,042 Employees
Last Reported Date: 04/16/15
Founded in 1917

union bank nigeria plc (UBN) Top Compensated Officers

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Executives, Board Directors

union bank nigeria plc (UBN) Key Developments

Union Bank of Nigeria plc Reports Unaudited Group and Bank Earnings Results for Six Months Ended June 30, 2015

Union Bank of Nigeria Plc reported unaudited group and bank earnings results for six months ended June 30, 2015. For the period, the bank’s net interest income up 7% to NGN 23.1 billion against NGN 21.6 billion for first half of 2014. Net operating income was up 10% to NGN 38.0 billion against NGN 34.7 billion for first half of 2014. Profit before tax was up 53% to NGN 10.2 billion against NGN 6.6 billion for first half of 2014. Profit after tax was up 54% to NGN 10.1 billion against NGN 6.6 billion for first half of 2014. Return on equity was 9.64% against 6.93% a year ago. EPS was NGN 0.595 against NGN 0.388 for first half of 2014. For the period, the group’s net interest income was up 7% to NGN 23.9 billion against NGN 22.3 billion for first half of 2014. Net operating income was up 14% to NGN 36.7 billion against NGN 32.3 billion for first half of 2014. Profit before tax was up 2% to NGN 6.6 billion against NGN 6.5 billion for first half of 2014. Profit after tax was up 2% to NGN 6.5 billion against NGN 6.3 billion for first half of 2014. Return on equity was 5.77% against 6.35% for first half of 2014. EPS was NGN 0.378 against NGN 0.35 for first half of 2014.

Union Bank of Nigeria plc Announces Unaudited Bank and Group Earnings Results for the Three Months Ended March 31, 2015

Union Bank of Nigeria Plc announced unaudited bank and group earnings results for the three months ended March 31, 2015. For the quarter, on bank basis the company reported net interest income flat at NGN 12.5 billion against NGN 12.6 billion a year ago. Net operating income up3% to NGN 18.7 billion against NGN 18.2 billion a year ago. Profit Before Tax up 11% to NGN 4.9 billion against NGN 4.45 billion a year ago. Total comprehensive income up 17% to NGN 5.6 billion against NGN 4.8 billion a year ago. Return on Equity 9.5% against 9.4% a year ago. EPS was 29 kobo against 26 kobo a year ago. For the quarter, on group basis the company reported net interest income flat at NGN 13.0 billion against NGN 13.0 billion a year ago. Net operating income up 12% to NGN 16.9 billion against NGN 15.1 billion a year ago. Profit before tax up 106% to NGN 2.7 billion against NGN 1.3 billion a year ago. Total comprehensive income up 211% to NGN 4.4 billion against NGN 1.4 billion a year ago. Return on Equity 4.4% against 10.3% a year ago. EPS was 14 kobo against 28 kobo a year ago.

Union Bank plc Reports Audited Earnings Results for the Year 2014

UNION Bank Plc reported audited earnings results for the year 2014. The bank showed an increase in gross earnings from NGN 121.4 billion in 2013 to NGN 135.9 billion during the year under review while profit after tax rose to NGN 26.8 billion from NGN 3.8 billion achieved in the previous year. The banks net interest income after impairment charge rose from NGN 45.2 billion as at in 2013 to NGN 47.0 billion in 2014. Profit before tax grew from NGN 3.77 billion to NGN 27.7 billion in 2014.

 

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