UBA - United Bank for Africa
United Bank for Africa (UBA) PLC is a leading pan-African financial services group with presence in 20 African countries, France, UK, and US. The Company offers banking, pension fund custody, and other financial services to customers in retail, commercial, and corporate segments of the African market. UBA has its origin from 1948 when the British and French Bank (BFB) commenced business in Nigeria. Following the country’s independence from Britain, UBA was incorporated in 1961 to take over the business of BFB. The Bank subsequently listed its shares on the Nigerian Stock Exchange in 1970, becoming the first Nigerian Bank to undertake an IPO.
UBA operates through three major segments: (1) The Corporate Banking segment offers financial solutions to multinationals, regional and state-owned companies, financial institutions, and non-governmental organizations. (2) The Retail and Commercial Banking segment deals with the provision of commercial banking products and services to the middle and retail segments of the financial market. (3) The Treasury and Financial Markets segment comprises of financing and risk management solutions and advisory services for corporate and institutional customers.
United Bank for Africa is listed on the Nigerian Stock Exchange (NGX) since March 31st, 1970. United Bank for Africa is traded on the NGX under the ticker symbol “UBA”. The International Securities Identification Number (ISIN) of NGX:UBA is NGUBA0000001. United Bank for Africa is currently the 16th most valuable stock on the NGX with a market capitalization of NGN 248 billion, which is about 0.955% of the Nigerian Stock Exchange equity market.
|Last Trading Results|
|Day’s Low Price||7.20|
|Day’s High Price||7.25|
|Number of Deals||142|
|Growth & Valuation|
|Earnings Per Share|
|Dividend Per Share|
UBA Stock Market Performance
The current share price of United Bank for Africa (UBA) is NGN 7.25. UBA closed its last trading day (Wednesday, November 30, 2022) at 7.25 NGN per share on the Nigerian Stock Exchange (NGX), recording a 0.7% gain over its previous closing price of 7.20 NGN. United Bank for Africa began the year with a share price of 8.05 NGN but has since lost 9.94% off that price valuation, ranking it 108th on the NGX in terms of year-to-date performance. Shareholders’ fears may be allayed by the 7% increase of UBA share price since November 2nd, which is 33rd best on NGX.
United Bank for Africa is the ninth most traded stock on the Nigerian Stock Exchange over the past three months (Sep 1 - Nov 30, 2022). UBA has traded a total volume of 366 million shares—in 8,746 deals—valued at NGN 2.63 billion over the period, with an average of 5.81 million traded shares per session. A volume high of 54.1 million was achieved on September 9th, and a low of 929,878 on October 21st, for the same period. The table below details the last 10 trading days of activity of United Bank for Africa on the Nigerian Stock Exchange.
Profile of United Bank for Africa Plc
United Bank for Africa Plc was founded on April 23, 1951 and operates in the Financials sector, specifically, the Banking industry. United Bank for Africa contracts an estimated total number of 10,817 employees. The company is led by Kennedy Uzoka as its Group Managing Director/Chief Executive Officer. The company's board of directors, chaired by Tony Onyemaechi Elumelu (59), is composed of 17 members whose names are listed below.
- Elumelu, Tony Onyemaechi
- Keshi, Joseph Chiedu (Amb)
- Uzoka, Kennedy
Group Managing Director/Chief Executive Officer
- Alawuba, Oliver
Deputy Managing Director (Africa)
- Ayoku, Liadi
Deputy Managing Director (Nigeria)
- Ndubisi, Chiugo
Executive Director, Treasury & International Banking
- Nweke, Chukwuma
Executive Director, Group Chief Operating Officer
- Ike, Uche
Executive Director, Risk Management, Governance and Compliance
- Puri, Ibrahim
Executive Director, North 1 Bank, Nigeria
- Fasola, Isaac Olukayode
- Duke, Owanari
- Oni, Samuel
- Adebayo, Erelu Angela
- Bello, Abdulqadir Jeli (Alhaji)
- Aneke, Angela
- Baba, Aisha Hassan
- Anyanwu, Caroline
Factsheet of United Bank for Africa Plc
- UBA House, 57 Marina, Lagos, Nigeria
- +234-1-280-8822, +234-1-631-9822
UBA Industrial Market Competitors
United Bank for Africa Plc, issuers of the UBA stock on the Nigerian Stock Exchange, have a number of market competitors who are also engaged in the Financials sector and/or Banking industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.
|FIDELITYBK||Fidelity Bank Plc||120B||4.15||+62.8%|
|ETI||Ecobank Transnational Inc||185B||10.10||+16.1%|
|FBNH||FBN Holdings Plc||402B||11.20||-1.75%|
|ACCESSCORP||Access Holdings Plc||302B||8.50||-8.6%|
|ZENITHBANK||Zenith Bank Plc||688B||21.90||-12.9%|
|GTCO||Guaranty Trust Holding||589B||20.00||-23.1%|
|ABBEYBDS||Abbey Mortgage Bank Plc||17.3B||1.70||+63.5%|
|JAIZBANK||Jaiz Bank Plc||30.1B||0.87||+55.4%|
|LIVINGTRUST||LivingTrust Mortgage Bank||7.15B||1.43||+37.5%|