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UBAFinancial Services

United Bank for Africa Plc

₦49
▼ 4.2%+65% YTD
≈ $0.03 · Forex rate

Key stats

Market cap
₦380B
P/E ratio
0.9x
Dividend yield
10.0%
52-week range
₦18 – ₦55
Founded
1949
Listed
1970
Board
Main Board
Industry
Banking & Financial Services
HQ
Marina, Lagos
CEO
Oliver Alawuba
Shares
34.199B
ISIN
NGUBA00000004

UBA Price History

Yearly close — last 5-7 years

₦5₦14₦23₦32₦42₦5120192020202120222023202420252026

🧮 If you had invested in UBA…

₦1,000,000 in UBA 3 years ago would be worth:
₦5,735,294
▲ +₦4,735,294 (+473.5%)
From Dec 2022 (₦8.5) to Apr 2026 (₦48.75) · 117,647 shares

Past performance does not guarantee future returns.

Key milestones

1949
British and French Bank Limited founded
1961
Listed on Nigerian Stock Exchange
1991
Renamed United Bank for Africa
2005
Merger with Standard Trust Bank
2010
Tony Elumelu became chairman
2015
Pan-African expansion completed across 20 countries
2025
PAT reached ₦750 billion (26% ROE)
2026
10% dividend yield — highest among Nigerian banks

Dividend History

YearInterimFinalTotal /share
2025₦1₦4₦5
2024₦1₦3₦4
2023₦1₦2₦2
2022₦0₦1₦1
2021₦0₦1₦1

Financial Highlights (₦ Billions)

Metric202320242025
Revenue₦1,075B₦1,650B₦2,200B
Net profit₦313B₦550B₦750B
Profit margin29.1%33.3%34.1%
EPS₦9.15₦16.08₦21.93
Total assets₦14,200B₦18,000B₦21,000B
ROE16.0%22.0%26.0%

Why Lagosian dey care about UBA

UBA na di most pan-African of all Nigerian banks — operations dey for 20 African countries. Lagosian wey dey send money to family for Ghana, Cameroon, Kenya, or Senegal use UBA. Stock dey trade at 0.9x PE — below book value, rare for major bank. Tony Elumelu na di chairman.

About di company

UBA na one of Nigeria oldest bank — dem found am for 1949. Standard Trust Bank merger for 2005 create modern UBA. Tony Elumelu na chairman since 2010. UBA dey operate for 20 African country plus UK, France, UAE, and US — di largest footprint of any African bank. Revenue na ₦2.2 trillion for 2025. ROE na 26%.

Business segments

1.Banking — Nigeria + 19 African countries
2.International — UK, France, UAE, US
3.Retail & Digital (UBA Connect mobile)
4.Trade Finance & Pan-African commerce
📈 Why buy

Largest Pan-African banking footprint (20 countries). Trading below book value at 0.9x PE. 10% dividend yield. 26% ROE among the highest globally. Tony Elumelu's leadership and connections.

📉 Why fear

Pan-African subsidiary FX volatility. Regulatory risk across 20 jurisdictions. Lower scale than GTCO or Zenith in core Nigeria market. Recent leadership transitions.

Key risks

  • ⚠African subsidiary FX risk (20 currencies)
  • ⚠Regulatory complexity
  • ⚠NPL concerns in Nigerian core
  • ⚠CBN recapitalization mandate
  • ⚠Cross-border banking compliance costs

Trading activity — past 3 months

UBA is consistently among the top 5 most-traded stocks. UBA traded 745 million shares in 168,000 deals worth ₦42 billion over the past three months. Volume spikes around dividend qualifying dates.

Financial Services sector — UBA dey rank 5 of 7

By market cap

#TickerNamePriceYTD
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4FIRSTHOLDCOFBN Holdings Plc₦60+70%
5UBAUnited Bank for Africa Plc₦49+65%
6ACCESSCORPAccess Holdings Plc₦27+55%
7FIDELITYBKFidelity Bank Plc₦18+80%
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FIRSTHOLDCO · ₦60
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Frequent Question

UBA (United Bank for Africa Plc) na trading at ₦48.75. Down 4.21% today, +65% YTD.

Important Disclaimer

Stock prices wey dey dis page dey delayed by at least 30 minutes and na for informational purposes only. Lagos.cool NO be licensed stockbroker, investment advisor, or securities dealer. We no dey buy, sell, or recommend any securities.

Past performance no be guarantee for future result. Stock price fit go down as e fit go up, and you fit lose some or all of your investment. Always consult licensed stockbroker or financial advisor before you make investment decision.

Data dey come from di Nigerian Exchange (NGX) and public corporate disclosure.