United Bank of Africa PLC operates within the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares United Bank of Africa PLC with three other
companies in this sector in Nigeria:
Zenith Bank Plc
sales of 507.76 billion Naira [US$1.66 billion]
Access Bank Nigeria Plc
(381.15 billion Naira [US$1.25 billion]
of which 38%
was Commercial banking), and
Guaranty Trust Bank PLC
(406.96 billion Naira [US$1.33 billion]
of which 52%
was Corporate Banking).
During the year ended December of 2016, sales at
United Bank of Africa PLC were 374.50 billion Naira (US$1.22 billion).
increase of 17.4%
versus 2015, when the company's sales were 318.94 billion Naira.
This was the fifth consecutive year of sales increases at United Bank of Africa PLC
(and since 2011, sales have increased a total of 103%).
Sales of Treasury and Financial Markets saw an increase
that was more than double the company's growth rate: sales were up
38.0% in 2016, from
28.58 billion Naira to 39.45 billion Naira.
United Bank of Africa PLC also saw significant increases in sales in
Retail and Commercial Banking (up 22.9% to 227.57 billion Naira)