United Bank for Africa Plc (NGX:UBA)

United Bank for Africa Balance Sheet

Financials in millions NGN. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	9,114,658	3,804,463	2,953,944	1,131,025	785,910	794,594
Investment Securities	13,591,084	12,648,721	6,859,300	4,120,160	3,212,660	2,445,719
Trading Asset Securities	220,655	289,270	532,673	54,793	46,436	192,447
Total Investments	13,811,739	12,937,991	7,391,973	4,174,953	3,259,096	2,638,166
Gross Loans	-	7,846,301	5,794,179	3,525,639	2,933,574	2,745,716
Allowance for Loan Losses	-	-335,684	-244,598	-85,511	-99,010	-113,322
Net Loans	-	7,510,617	5,549,581	3,440,128	2,834,564	2,632,394
Property, Plant & Equipment	375,124	416,623	267,146	208,039	178,117	153,191
Goodwill	-	45,571	29,303	14,830	11,131	10,718
Other Intangible Assets	73,269	21,293	14,552	18,638	19,319	18,182
Other Receivables	-	1,136,006	662,654	226,824	128,922	87,812
Restricted Cash	-	3,929,953	2,686,564	1,283,163	969,869	1,103,888
Other Current Assets	6,840	366,096	553,382	314,612	293,170	175,697
Long-Term Deferred Tax Assets	142,795	140,371	9,741	23,603	43,329	40,602
Other Real Estate Owned & Foreclosed	-	-	-	-	-	2,755
Other Long-Term Assets	1,476,445	14,371	534,357	21,756	17,891	35,378
Total Assets	32,491,560	30,323,355	20,653,197	10,857,571	8,541,318	7,693,377
Accrued Expenses	-	156,633	81,735	51,497	30,767	25,316
Interest Bearing Deposits	26,538,346	10,295,285	7,873,376	4,466,977	3,238,472	2,900,403
Non-Interest Bearing Deposits	-	14,355,876	9,482,345	4,528,152	3,784,928	3,193,765
Total Deposits	26,538,346	24,651,161	17,355,721	8,995,129	7,023,400	6,094,168
Short-Term Borrowings	9,760	660,086	418,973	256,753	21,739	285,355
Current Portion of Long-Term Debt	-	-	24,591	8	111,690	-
Current Portion of Leases	-	26,069	8,760	5,756	882	3,506
Current Income Taxes Payable	16,365	138,983	42,671	20,281	21,415	9,982
Other Current Liabilities	-	153,715	92,864	49,690	42,906	36,355
Long-Term Debt	695,366	768,559	417,061	279,054	322,441	409,508
Long-Term Leases	-	45,806	21,794	14,321	15,878	3,423
Long-Term Unearned Revenue	-	6,134	4,775	902	1,305	677
Long-Term Deferred Tax Liabilities	4,590	5,614	50,805	959	19,617	16,992
Other Long-Term Liabilities	925,996	291,956	103,252	261,117	124,471	88,549
Total Liabilities	28,190,423	26,904,716	18,623,002	9,935,467	7,736,511	6,973,831
Common Stock	20,520	17,100	17,100	17,100	17,100	17,100
Additional Paid-In Capital	329,564	98,715	98,715	98,715	98,715	98,715
Retained Earnings	1,770,626	1,790,830	1,194,767	641,126	509,590	412,517
Comprehensive Income & Other	2,055,948	1,409,920	651,580	130,356	150,769	163,319
Total Common Equity	4,176,658	3,316,565	1,962,162	887,297	776,174	691,651
Minority Interest	124,479	102,074	68,033	34,807	28,633	27,895
Shareholders' Equity	4,301,137	3,418,639	2,030,195	922,104	804,807	719,546
Total Liabilities & Equity	32,491,560	30,323,355	20,653,197	10,857,571	8,541,318	7,693,377
Total Debt	705,126	1,500,520	891,179	555,892	472,630	701,792
Net Cash (Debt)	8,630,187	3,022,465	3,024,427	769,367	422,721	336,486
Net Cash Growth	57.06%	-0.07%	293.11%	82.00%	25.63%	-
Net Cash Per Share	233.58	88.38	88.44	22.50	12.36	9.84
Filing Date Shares Outstanding	41,108	34,199	34,199	34,199	34,199	34,199
Total Common Shares Outstanding	41,108	34,199	34,199	34,199	34,199	34,199
Book Value Per Share	101.60	96.98	57.37	25.94	22.70	20.22
Tangible Book Value	4,103,389	3,249,701	1,918,307	853,829	745,724	662,751
Tangible Book Value Per Share	99.82	95.02	56.09	24.97	21.81	19.38

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.