Union Bank of Nigeria (NSA:UBNP) Net Interest Income (for Banks) : ₦55,817 Mil (As of Mar. 2023)

View and export this data going back to . Start your Free Trial

What is Union Bank of Nigeria Net Interest Income (for Banks)?

Net interest income is the income earned by banks from the fund they have on their balance sheet. Union Bank of Nigeria's net interest income for the three months ended in Mar. 2023 was ₦9,795 Mil. Its net interest income for the trailing twelve months (TTM) ended in Mar. 2023 was ₦55,817 Mil.

Union Bank of Nigeria's quarterly net interest income declined from Sep. 2022 (₦21,725 Mil) to Dec. 2022 (₦8,970 Mil) but then increased from Dec. 2022 (₦8,970 Mil) to Mar. 2023 (₦9,795 Mil).

Union Bank of Nigeria's annual net interest income declined from Dec. 2020 (₦57,402 Mil) to Dec. 2021 (₦44,469 Mil) but then increased from Dec. 2021 (₦44,469 Mil) to Dec. 2022 (₦59,592 Mil).

Union Bank of Nigeria Net Interest Income (for Banks) Historical Data

The historical data trend for Union Bank of Nigeria's Net Interest Income (for Banks) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Union Bank of Nigeria Net Interest Income (for Banks) Chart

Union Bank of Nigeria Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Net Interest Income (for Banks)

Get a 7-Day Free Trial

51,596.00

52,520.00

57,402.00

44,469.00

59,592.00

Union Bank of Nigeria Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Net Interest Income (for Banks)	Get a 7-Day Free Trial															13,347.00	15,327.00	21,725.00	8,970.00	9,795.00

Union Bank of Nigeria Net Interest Income (for Banks) Calculation

Income earned by banks from the fund they have on their balance sheet. These funds can be from customers' deposit, bank's own equity or borrowed.

Net Interest Income (for Banks) for the trailing twelve months (TTM) ended in Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₦55,817 Mil.

Union Bank of Nigeria (NSA:UBNP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Union Bank of Nigeria PLC (NSA:UBNP) » Definitions » Net Interest Income (for Banks)

Traded in Other Exchanges

N/A

Address

Stallion Plaza, 36 Marina, Lagos, NGA, 2027

Website

https://www.unionbankng.com

Union Bank of Nigeria PLC is a banking corporation. The principal activity of the Bank is the provision of banking and related financial services to corporate and individual customers. The company offers flexible current and savings accounts, cash management, trade finance, credit solutions, and treasury solutions. The company also provides personal loans, overdrafts, and advances to individuals as well as small and medium enterprises and corporates. The Bank also provides treasury services to high-net-worth individuals, commercial clients, corporates, and nonbanking financial institutions. The bank manages its business in four segments namely Retail Bank, Commercial Bank, Corporate Bank, and Treasury.

Union Bank of Nigeria (NSA:UBNP) Headlines

No Headlines