WorldStage Newsonline– United Bank For Africa Plc (UBA) has released its consolidated and separate financial statements for the year ended 31 December 2023 with 256.89% jump in group profit for the year to N607.696 billion from N170.277 billion in 2022.
The result released on the Nigerian Exchange showed that interest income rose to N1.075 trillion from N557.152 billion in 2022 while deposits from customers 14.891 trillion from N7.825 trillion in 2022.
Meanwhile, the directors have proposed a final dividend of N2.30 per share up from N0.90 in 2022 from the retained earnings account as at 31 December 2023.
The proposed final dividend and the N0.50 per share interim dividend paid in September 2023, brings the total dividend for the year to N2.80.
