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)

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