United Bank for Africa Past Earnings Performance
Past criteria checks 6/6
United Bank for Africa has been growing earnings at an average annual rate of 42.1%, while the Banks industry saw earnings growing at 30.6% annually. Revenues have been growing at an average rate of 27.7% per year. United Bank for Africa's return on equity is 29.9%, and it has net margins of 44.3%.
Key information
42.1%
Earnings growth rate
42.1%
EPS growth rate
| Banks Industry Growth | 30.4% |
| Revenue growth rate | 27.7% |
| Return on equity | 29.9% |
| Net Margin | 44.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How United Bank for Africa makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 1,349,320 | 598,285 | 238,267 | 0 |
| 30 Sep 23 | 1,023,149 | 495,577 | 186,909 | 0 |
| 30 Jun 23 | 933,629 | 473,351 | 174,062 | 0 |
| 31 Mar 23 | 597,929 | 176,934 | 159,258 | 0 |
| 31 Dec 22 | 550,656 | 165,451 | 151,228 | 0 |
| 30 Sep 22 | 502,662 | 127,244 | 151,831 | 0 |
| 30 Jun 22 | 469,161 | 125,625 | 143,394 | 0 |
| 31 Mar 22 | 447,216 | 119,249 | 130,465 | 0 |
| 31 Dec 21 | 430,131 | 115,883 | 124,691 | 0 |
| 30 Sep 21 | 421,836 | 132,637 | 111,390 | 0 |
| 30 Jun 21 | 395,272 | 121,877 | 109,651 | 0 |
| 31 Mar 21 | 389,183 | 113,088 | 116,165 | 0 |
| 31 Dec 20 | 375,865 | 105,909 | 116,059 | 0 |
| 30 Sep 20 | 351,032 | 80,715 | 112,701 | 0 |
| 30 Jun 20 | 337,438 | 72,902 | 105,849 | 0 |
| 31 Mar 20 | 337,344 | 86,609 | 102,237 | 0 |
| 31 Dec 19 | 328,041 | 86,220 | 98,022 | 0 |
| 30 Sep 19 | 335,316 | 95,764 | 95,964 | 0 |
| 30 Jun 19 | 321,474 | 88,897 | 94,626 | 0 |
| 31 Mar 19 | 309,588 | 80,437 | 91,469 | 0 |
| 31 Dec 18 | 303,689 | 75,359 | 90,213 | 0 |
| 30 Sep 18 | 297,429 | 74,445 | 90,944 | 0 |
| 30 Jun 18 | 303,123 | 75,312 | 90,224 | 0 |
| 31 Mar 18 | 300,306 | 76,442 | 88,563 | 0 |
| 31 Dec 17 | 293,670 | 75,004 | 86,504 | 0 |
| 30 Sep 17 | 292,992 | 80,714 | 84,000 | 0 |
| 30 Jun 17 | 286,029 | 84,362 | 82,492 | 0 |
| 31 Mar 17 | 262,245 | 74,204 | 80,623 | 0 |
| 31 Dec 16 | 243,016 | 69,404 | 76,894 | 0 |
| 30 Sep 16 | 217,117 | 59,036 | 71,887 | 0 |
| 30 Jun 16 | 205,668 | 53,718 | 69,894 | 0 |
| 31 Mar 16 | 204,520 | 58,672 | 70,064 | 0 |
| 31 Dec 15 | 205,190 | 58,604 | 69,429 | 0 |
| 30 Sep 15 | 211,863 | 61,871 | 72,688 | 0 |
| 30 Jun 15 | 204,604 | 56,117 | 66,759 | 0 |
| 31 Mar 15 | 191,797 | 51,356 | 65,812 | 0 |
| 31 Dec 14 | 185,877 | 47,021 | 64,990 | 0 |
| 30 Sep 14 | 172,135 | 42,133 | 60,266 | 0 |
| 30 Jun 14 | 164,958 | 40,479 | 62,861 | 0 |
| 31 Mar 14 | 163,494 | 42,929 | 61,083 | 0 |
| 31 Dec 13 | 162,965 | 45,917 | 59,429 | 0 |
| 30 Sep 13 | 164,797 | 52,876 | 70,210 | 0 |
| 30 Jun 13 | 163,657 | 53,962 | 65,706 | 0 |
Quality Earnings: UBA has high quality earnings.
Growing Profit Margin: UBA's current net profit margins (44.3%) are higher than last year (30%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: UBA's earnings have grown significantly by 42.1% per year over the past 5 years.
Accelerating Growth: UBA's earnings growth over the past year (261.6%) exceeds its 5-year average (42.1% per year).
Earnings vs Industry: UBA earnings growth over the past year (261.6%) exceeded the Banks industry 128.4%.
Return on Equity
High ROE: UBA's Return on Equity (29.9%) is considered high.