Financial Results
Track our growth and performance over the years in numbers.
Transparent Financial Reporting
As our customer base grows and the economy evolves, UBA Group
consistently shares detailed annual reports to keep the public informed
about our financial performance and progress.
We are Building Africa for Now and the Future
UBA Group, Africa’s Global Bank, continues to show strong and consistent growth, reaffirming our leadership across the continent and beyond. Our 2024 financial results reflect resilience, innovation, and a clear focus on value creation.
By December 2024, Gross Earnings rose to ₦3.18 trillion, a 53.56% increase. Profit Before Tax reached ₦803.7 billion, growing by 6.08%, while Profit After Tax climbed to ₦766.5 billion, showing a 26.14% increase.
Our balance sheet remains solid. Total Assets stood at ₦30.3 trillion, marking a 46.82% rise. Customers’ Deposits grew to ₦24.6 trillion, up by 42.03% and Shareholders’ Funds increased by 68.39% to ₦3.418 trillion.
With technology and customer experience at the core of our strategy, UBA Group remains focused on empowering individuals and businesses and building a stronger financial future for Africa.
63rd AGM video