Unity Bank Plc reports N13.6bn turnover in Q1 2022, PAT rises by 20.47%

Unity Bank Plc on Monday published its First Quarter report for the period ended 31 March 2022.

The financial institution reported a turnover of N13.603 billion for the 3 months period, up by 18.25% from N11.504 billion reported the previous year.

Profit after tax grew year on year by 20.47% to N869.26 million from N721.54 million reported in Q1 2021.

Earnings per share of Unity Bank for the period under review stands at 7 kobo, up by 20.47% from the EPS of 6 kobo achieved the previous year.

At the share price of 52 kobo, the P/E ratio of Unity Bank stands at 6.99x with earnings yield of 14.30%.

Source: Unity Bank Plc reports N13.6bn turnover in Q1 2022, PAT rises by 20.47% – StocksWatch (stocksng.com)

Related Posts

01

Jun
Business & Economy

Nigerian Breweries Plc to acquire 80% shareholding in Distell Wines and Spirits Nigeria Limited

Nigerian Breweries Plc has notified the Nigerian Exchange and the investing public that at a specially convened meeting of the Board of Directors of the Company held on 30th May 2023, the Board was presented with an offer from Heineken Beverages (Holdings) Limited of South Africa, for Nigerian Breweries to acquire Heineken Beverages’ majority interests (via Distell[…]