United Financial institution for Africa (UBA) Plc has crossed the N33.2 trillion whole belongings threshold in 2025, underlining the financial institution’s pan-African scale and sustained development momentum.
The Financial institution’s audited monetary outcomes for the yr ended December 31, 2025, confirmed that whole belongings grew 9.4 per cent to N33.2 trillion up from N30.3 trillion on the finish of 2024, alongside an 11.8 per cent enhance in buyer deposits from N24.3 trillion in 2024 to N27.2 trillion.
Group additionally delivered robust gross earnings of N3.09 trillion from N3.19 trillion recorded the earlier yr.
General, the financial institution’s 2025 efficiency was impacted by prudent and forward-looking threat administration choices, together with mortgage loss provisions of N331 billion and honest worth adjustments on derivatives amounting to N278 billion.
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Regardless of this, the Group maintained robust underlying efficiency, with working revenue exceeding N1 trillion earlier than these distinctive objects, highlighting the resilience of its core banking operations.
A essential take a look at the efficiency confirmed that UBA’s capital place remained sturdy, with shareholders’ funds rising to N4.25 trillion in 2025; up from N3.42 trillion the earlier yr, with share capital and premium hitting N505 billion following a really profitable rights problem.
The Group’s capital adequacy ratio of 23.2 per cent supplies a stable basis to assist future development, simply because the Financial institution has additionally strengthened its restoration efforts, with a fortified restoration staff aggressively pursuing delinquent exposures, making certain that recoveries will positively influence earnings from full yr 2026 and past.
Working in 20 African international locations and within the US, UK, France and UAE, the Group’s Pan-African operations proceed to be a serious development driver, contributing over 50 per cent of whole belongings, income, and revenue. Notably, West Africa operations recorded a 53 per cent revenue development, whereas East and Southern Africa delivered a 61 per cent enhance, reinforcing the power and scalability of UBA’s diversified enterprise mannequin throughout the continent.
Talking on the outcomes, group managing director/chief govt officer, UBA, Oliver Alawuba, stated, the financial institution continues to reveal the true power of its Pan-African diversified mannequin, regardless of the moderation in bottom-line efficiency in comparison with the prior yr’s highs, as core enterprise engines, particularly within the subsidiaries exterior Nigeria delivered double-digit development.
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“The 2025 monetary yr was outlined by UBA’s proactive strategy to the Central Financial institution of Nigeria’s (CBN) new recapitalisation necessities. The Group efficiently concluded capital elevating programme, which was oversubscribed, reflecting robust investor confidence in UBA’s long-term development technique. A complete of N395 billion further capital was raised, enhancing our capability to assist our footprints, and increasing lending to key sectors.”
In his forecast for the 2026 monetary yr, Alawuba said, “trying forward, UBA is well-positioned to speed up development, with plans to strategically increase its threat asset base throughout key sectors as macroeconomic circumstances enhance.”
Additionally, govt director, Finance & Danger Administration, UBA, Ugo Nwaghodoh, stated the 2025 monetary yr marked a deliberate strengthening of the steadiness sheet and a shift towards extra sustainable, higher-quality earnings in a normalising macroeconomic surroundings.
“We consider that proactively recognising potential credit score losses positions us nicely to navigate uncertainties and assist sustainable efficiency in future durations. The reversal of prior-year spinoff beneficial properties and overseas exchange-related losses of N282.5 billion drove a decline in non-interest revenue; these won’t recur on this magnitude and may lead to future earnings upside,” he defined.
In line with him, regardless of the influence of those adjustments on profitability, the financial institution’s core enterprise fundamentals in addition to its capital and liquidity positions stay robust, with shareholders’ funds now at N4.25 trillion and capital adequacy ratio at 23.2 per cent, having exited the CBN forbearance regime in 2025.
