UBA rated ‘buy’, beats estimates on improved assets yields

UBA rated ‘buy’, beats estimates on improved assets yields

United Bank for Africa Plc (UBA) has posted third-quarter earnings that beat analysts’ estimates, fuelled by improved yield on loan book and money market instruments. For the first nine months through September 2017, UBA’s net income spiked by 23.04 percent to N60.92 billion, ahead of the N54 billion estimate of 8 analysts surveyed by BusinessDay….

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