Unity Bank's earnings have been declining at an average annual rate of -83.5%, while the Banks industry saw earnings growing at 36.3% annually. Revenues have been declining at an average rate of 145.1% per year.
Key information
-83.46%
Earnings growth rate
-83.46%
EPS growth rate
Banks Industry Growth
30.44%
Revenue growth rate
-145.08%
Return on equity
n/a
Net Margin
164.00%
Last Earnings Update
31 Dec 2024
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Unity Bank makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
NGSE:UNITYBNK Revenue, expenses and earnings (NGN Millions)
Date
Revenue
Earnings
G+A Expenses
R&D Expenses
31 Dec 24
-70,067
-114,912
21,514
0
31 Dec 23
-28,590
-62,637
18,106
0
30 Sep 23
-17,681
-49,006
16,608
0
30 Jun 23
-12,683
-39,622
16,003
0
31 Mar 23
29,561
1,120
15,007
0
31 Dec 22
28,473
941
14,280
0
30 Sep 22
30,601
3,266
13,816
0
30 Jun 22
29,540
3,489
13,281
0
31 Mar 22
29,024
3,109
13,140
0
31 Dec 21
28,414
3,173
12,938
0
30 Sep 21
28,133
2,449
12,788
0
30 Jun 21
27,551
2,438
12,904
0
31 Mar 21
26,175
2,302
12,683
0
31 Dec 20
25,464
2,086
12,512
0
30 Sep 20
23,238
3,475
12,457
0
30 Jun 20
22,720
3,446
12,000
0
31 Mar 20
22,038
3,424
11,797
0
31 Dec 19
21,081
3,383
11,395
0
30 Sep 19
12,661
-6,814
11,277
0
30 Jun 19
12,434
-7,221
11,514
0
31 Mar 19
12,807
-7,677
11,723
0
31 Dec 18
13,159
-7,695
12,051
0
30 Sep 18
21,411
-16,765
12,284
0
30 Jun 18
23,084
-16,521
12,693
0
31 Mar 18
24,695
-15,933
13,427
0
31 Dec 17
26,690
-14,918
12,946
0
30 Sep 17
26,700
1,206
13,305
0
30 Jun 17
26,968
1,926
12,171
0
31 Mar 17
27,556
2,673
12,844
0
31 Dec 16
28,163
2,184
13,955
0
30 Sep 16
21,079
-1,198
12,728
0
30 Jun 16
23,299
-855
14,448
0
31 Mar 16
27,455
2,037
14,079
0
31 Dec 15
31,433
4,689
14,709
0
30 Sep 15
42,781
8,948
16,950
0
30 Jun 15
44,696
11,481
16,985
0
Quality Earnings: UNITYBNK is currently unprofitable.
Growing Profit Margin: UNITYBNK is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if UNITYBNK's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare UNITYBNK's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: UNITYBNK is unprofitable, making it difficult to compare its past year earnings growth to the Banks industry (18.4%).
Return on Equity
High ROE: UNITYBNK's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/06/11 01:30
End of Day Share Price
2026/06/11 00:00
Earnings
2024/12/31
Annual Earnings
2024/12/31
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.
* 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
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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
Unity Bank Plc is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.