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UBN Stock Overview
Union Bank of Nigeria Plc provides banking services to individuals, small and medium sized enterprises, commercial, and corporate clients in Nigeria. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
Union Bank of Nigeria Plc Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₦6.65 |
| 52 Week High | ₦9.00 |
| 52 Week Low | ₦6.30 |
| Beta | 0.039 |
| 1 Month Change | -2.21% |
| 3 Month Change | 1.53% |
| 1 Year Change | 2.31% |
| 3 Year Change | 23.15% |
| 5 Year Change | 24.30% |
| Change since IPO | 450.45% |
Recent News & Updates
Recent updates
Shareholder Returns
| UBN | NG Banks | NG Market | |
|---|---|---|---|
| 7D | 0% | -0.1% | 2.6% |
| 1Y | 2.3% | 38.7% | 0.6% |
Return vs Industry: UBN underperformed the NG Banks industry which returned 97.4% over the past year.
Return vs Market: UBN underperformed the NG Market which returned 52.6% over the past year.
Price Volatility
| UBN volatility | |
|---|---|
| UBN Average Weekly Movement | 3.4% |
| Banks Industry Average Movement | 5.3% |
| Market Average Movement | 6.6% |
| 10% most volatile stocks in NG Market | 11.2% |
| 10% least volatile stocks in NG Market | 3.7% |
Stable Share Price: UBN has not had significant price volatility in the past 3 months.
Volatility Over Time: UBN's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1917 | 2,028 | Mudassir Amray | www.unionbankng.com |
Union Bank of Nigeria Plc provides banking services to individuals, small and medium sized enterprises, commercial, and corporate clients in Nigeria. It operates through four segments: Retail Bank, Commercial Bank, Corporate Bank, and Treasury. The company offers current accounts, savings, business, and fixed and tenure deposit accounts; domiciliary deposits; and debit cards, as well as online and mobile banking services.
Union Bank of Nigeria Plc Fundamentals Summary
| UBN fundamental statistics | |
|---|---|
| Market cap | ₦194.61b |
| Earnings (TTM) | ₦35.67b |
| Revenue (TTM) | ₦119.73b |
5.5x
P/E Ratio0.6x
P/B RatioIs UBN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| UBN income statement (TTM) | |
|---|---|
| Revenue | ₦119.73b |
| Cost of Revenue | ₦1.36b |
| Gross Profit | ₦118.37b |
| Other Expenses | ₦82.71b |
| Earnings | ₦35.67b |
Last Reported Earnings
Mar 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.22 |
| Gross Margin | 98.87% |
| Net Profit Margin | 29.79% |
| Debt/Equity Ratio | 71.6% |
How did UBN perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/12/04 20:45 |
| End of Day Share Price | 2023/11/14 00:00 |
| Earnings | 2023/03/31 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Union Bank of Nigeria Plc is covered by 3 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Olufemi Ademola | BGL Research |
| null null | FSDH Merchant Bank Limited |
| Brent Malahay | J.P. Morgan |