United Bank For Africa Plc · NSENG:UBA
United Bank For Africa — FY2025 Earnings Presentation
39 slides from United Bank For Africa's earnings presentation, Mar 30, 2026
Slide 1: United Bank for Africa Full Year 2025 Results Presentation
United Bank for Africa Full Year 2025 Results Presentation Africa, USA, UK, France, UAE Africa’s Global Bank
Slide 2: About UBA Group
About UBA Group United Bank for Africa Plc (UBA) is a leading pan-African financial services group with presence in 20 African countries, as well as the United Kingdom, the United States of America, France and United Arab Emirates. United Bank for Africa 2
Slide 3: Our Vision, Our Mission
Our Vision Our Mission To be the undisputed, leading To be a role model for African and dominant financial services businesses by creating superior institution in Africa. value for all stakeholders, abiding by the utmost professional and ethical standards, and building an enduring institution. Unite
Slide 4: Who We Are
We are focused on supporting people and businesses to succeed across Africa, Europe, Asia and North America. Through Who our diverse range of products, services and channels, we help We Are people fulfil their goals and enable businesses to prosper. United Bank for Africa 4
Slide 5: About UBA Group
About UBA Group PRODUCTS MARKET CHANNELS STAFF ENTERPRISE EXCELLENCE EXECUTION • UBA is a • UBA has over • UBA has one • As at • Own the task. • Be responsive • Get it done. financial 45 million of the largest December and passionate. institution, customers in distribution 31, 2025, the • Go the ext
Slide 6: UBA's Credentials
UBA’s Credentials 430,000+ 160,000+ 45 million+ Active POS Machines Agents Total Customers 20 4 2,209+ African Operations Operations Outside ATMs Africa 25,000+ 33 million+ 1,000+ Employees Cards Issued Branches and Touchpoints 44.8 million+ 6.8 million+ Digital Banking Leo chat banking Users Custom
Slide 7: UBA's History & Milestones
UBA’s History & Milestones 1949-1980 2001-2010 2021-Date • British & French Bank (BFB) • Standard Trust Bank commenced operations • Celebrated 75 years of banking commenced business in Nigeria in Ghana (2004). operations in Africa. with its first office in Lagos • UBA merged with Standard Trust Bank
Slide 8: UBA's Global Footprint
UBA’s Global Footprint Benin Burkina Faso Cameroon Chad Congo Brazzaville Côte d'Ivoire France Gabon Ghana Guinea Kenya Liberia Mali Mozambique Nigeria Congo Democratic Republic Senegal Sierra Leone Tanzania Uganda United Arab United Kingdom United States Zambia Emirates of America United Bank for A
Slide 9: UBA's International Centers
UBA’s International Centers United States of America United Kingdom France United Arab Emirates • Facilitating payments by • UBA UK is a direct conduit for the • Provide representation in France • Operating as a branch of Parent leveraging on our unique position, Nigerian trade sector, supporting an
Slide 10: Overview of Operating Environment
Overview of Operating Environment United Bank for Africa 10
Slide 11: Economic Environment and Trends
Economic Environment and Trends Resilient Global Growth at 3.4% Amid Heightened Trade & Geographical Tensions and Policy Uncertainty Global Global Economy - Real GDP % ✓ Steady Global Economy Growth: underpinned by targeted policy measures and 10 resilient sectors, but remains uneven across countrie
Slide 12: Sub-Saharan Africa Economic Trends
Sub-Saharan Africa Economic Trends Regional Economic Activity Expands on Moderating Inflation in Sub-Saharan Africa, but Faces Rising Geopolitical Tensions. Sub-Saharan Africa 2025 Economic Variables in countries of operation Real GDP Inflation Government Debt • Stronger Sub-Saharan Africa Growth: R
Slide 13: Macroeconomic environment - Nigeria
Macroeconomic environment - Nigeria Robust Growth Supported by Declining Inflation, Rising Reserves and Tax Reforms Real GDP Growth Rate GDP Contribution By Sector Real GDP Livestock, 6% Professional& Technical Services, 2% ➢ Positive Economic Momentum: the economy demonstrated Public Admin, 3% 4.80
Slide 14: Sustainability & Governance
Sustainability & Governance United Bank for Africa 14
Slide 15: UBA's ESG Practices
UBA’s ESG Practices ESG remains a pivotal feature of the Group’s business, with results to show for it Governance Strategy • The Board has the ultimate responsibility for ESG • ESG is embedded in our vision to be the undisputed practices, with the oversight functions delegated to leading and dominan
Slide 16: Stakeholder Engagement
Stakeholder Engagement Engagement Investor Customer Employee Framework Relations Engagement Engagement We engage with We actively We involve our Our employees are stakeholders, communicate our customers in our engaged through including investors, ESG efforts to sustainability training, customers, at
Slide 17: UBA's ESG Practices Summary
UBA’s ESG Practices Summary ESG remains a pivotal feature of the Group’s business, with results to show for it 26,349 – Financial Services 20 6,472 47% 32,020 – Non-financial Services Nos. Sustainability Trainings Agency Banking Female Representation on SMEs supported the Board c.5.34bn 38 N1.98bn T
Slide 18: The Lion's Stride
The Lion’s Stride The bank in 2025 made some remarkable achievements which are as follows; Process Improvement Governance Products & Services Learning & Development Automation Initiative Regulatory Compliance UBA Green Finance Loan Trainings • The bank created a data • The bank registered its intere
Slide 19: Financial Performance
Financial Performance United Bank for Africa 19
Slide 20: Financial Highlights
Financial Highlights FY2025 reflects a year of focused balance-sheet growth and disciplined credit management. Income Statement (₦’billion) FY 2025 FY 2024 % Change Gross Earnings 3,090 3,187 -3.0 Net Interest Income 1,618 1,552 4.2 Operating Income 1,859 2,114 -12.1 • The bank delivered strong gros
Slide 21: Profitability Growth Drivers
Profitability Growth Drivers Significant , nonrecurring drop in FX revaluations earnings dropped Profits . Build up of PAT, (₦’bn) +66 767 -76 -1 +2 405 +18 -322 -50 FY' 24 PAT Net Interest Impairment Fee & Trading & FX Other Income Op. Expense Tax FY' 25 PAT Income Commission * Source: Company Fina
Slide 22: Key Metrics
Key Metrics Top-line performance remained resilient, supported by diversified revenue streams. Gross Revenue, ₦’bn Net Interest Income, ₦’bn Non-Interest Income, ₦’bn 1,618 1,000 817 441 1,552 817 1,000 708 441 2,370 2,649 1,975 FY' 23 FY' 24 FY' 25 FY' 23 FY' 24 FY' 25 FY' 23 FY' 24 FY' 25 Interest
Slide 23: Stable and diversified Income
Stable and diversified Income Interest Income (₦'bn) ✓ The Bank delivered 9.8% growth in interest income, driven by 11% growth in loans to customers, 18% in investment securities, 2,649 and 27% in placements. 2,370 ✓ Interest from term loans rose 19% and other corporate loans surged 159%, while over
Slide 24: Trading & Revaluation gains
Trading & Revaluation gains ….. Robust performance in fixed income cushioned by derivate & FX losses Trading & Revaluation Components of Trading & Revaluation Gains Gains (₦'bn) -177% 182 ₦134.2bn ₦7.7bn *-₦282.5bn 39% 94% 475.0% (₦96.6bn in FY 24) (₦134.3bn in FY 24) (-₦49.1bn in FY 24) Fixed incom
Slide 25: Fee and Transactional Income
Fee and Transactional Income Fees & Commission Income (₦'bn) -2.6% Contribution to Fees & Commission Income Pension Funds – 2% Commission on transactional services – Credit related fees – 14% 533 547 10% Remittance fees – 6% Commission on turnover – 4% Trade transaction income – 7% Account maintenan
Slide 26: Asset Portfolio Analysis
Asset Portfolio Analysis Strong portfolio underpinned by a wide-ranging asset and loan base. Loans Investment Securities • Includes Loans to Customers & Banks and ▪ Accounts for the largest proportion (44%) constitutes 22% of total assets of Total Assets • Recorded 0.7% Y-o-Y decline from ₦7.51trn i
Slide 27: Loan Distribution
Loan Distribution Balanced & robust loan portfolio Loans By Geography Sector/Industry FY 2025 FY 2024 Others 2.03% 1.46% Agriculture 3.47% 3.48% 48% Information & Comms 3.61% 4.31% 43% Power & Energy 4.65% 5.87% Manufacturing 8.15% 8.86% General 9.02% 11.94% General Commerce 10.88% 16.60% Finance &
Slide 28: Robust Balance Sheet Growth
Robust Balance Sheet Growth … underpinned by a solid risk management practices Group Total Assets (₦’bn) Loan Book (₦’bn) +9% +118% -0.7% +47% 30,323 33,173 20,653 7,511 7,460 3,440 FY' 23 FY' 24 FY' 25 FY' 23 FY' 24 FY' 25 Investment Securities (₦’bn) Other Assets (₦’bn) +16% +70% +9% 14,622 12,635
Slide 29: Funding and Liability Breakdown
Funding and Liability Breakdown • Optimized Funding Strategy • Customer deposits continue to dominate the Bank’s funding mix (82%), which demonstrates combined efforts at deepening our wallet share of the Corporate, Commercial, and Retail business. • Low-cost deposit instrumental to achieving a mode
Slide 30: Resilient Growth in Customer Deposit
Resilient Growth in Customer Deposit Customer Deposits (₦’bn) Customer Deposit Mix (%) – FY 2025 +45% 11% 23,949 14% 21,572 v 24% v 14,891 62% 2023 2024 2025 Demand Savings Term • The bank achieved robust double-digit growth in customer deposits, with savings deposits up 18% year-on-year and term de
Slide 31: Robust Risk Management With Strong Capital
Robust Risk Management With Strong Capital …improved metrics, enhanced credit quality and strengthening portfolio resilience Key Insights Regulatory Capital - Tier 1 & 2 (₦'Bn) 2,392 • Capital adequacy ratio was 23.20%, well above regulatory 1,913 requirement. 1,317 • Tier 1 capital grew by 25% & Ti
Slide 32: Geographical Performance of Africa Business
Geographical Performance of Africa Business The other African Markets contributed significantly to growth. Operating Revenue Growth by Region (₦’bn) 19% FY'25 FY'24 • Revenue across the regions showed varied performance, 1,011 0% with West Africa leading with strong growth, East & Southern 852 Afric
Slide 33: Digital Channels & Cards Performance
Digital Channels & Cards Performance The Bank boasts of a robust and growing digital business, with a plethora of e-banking channels Channels FY 2023 FY 2024 FY 2025 % Growth Subscription (mn) 4.8 5.8 6.8 17% Leo chat Banking Count (mn) 15 19 20 5% • Our strategic investments in digital infrastructu
Slide 34: Stock Performance & Credit Ratings
Stock Performance & Credit Ratings United Bank for Africa 34
Slide 35: Share Price Trend
Share Price Trend … Improving momentum positions UBA for continued upside Key Metrics 2023 2024 2025 NSE Ticker UBA UBA UBA Bloomberg Ticker UBA NL UBA NL UBA NL Closing Shares Price 25.65 34.00 41.65 Shares Outstanding (million) 34.20 34.20 44.20 *Market Capitalisation (₦'billion) 877 1,163 1,841 M
Slide 36: Credit Ratings
Credit Ratings UBA Plc Credit Ratings by recognized Rating Agencies National National National National • Short-term: A1+ • Short-term: A1+(NG) • Short-term: F1+(nga) • Short-term: ngA-2 • Long-term: AA- • Long-term: AA+(NG) • Long-term: AA(nga) • Long-term: ngBBB+ • Outlook - Stable International I
Slide 37: Outlook / Guidance
Outlook / Guidance United Bank for Africa 37
Slide 38: FY2026 Guidance
FY2026 Guidance FY 2025 FY 2026 Guidance Deposit Growth 11.8% 15% Loan Growth -0.7% 10% Cost of Risk 4.2% 3.0% Non-Performing Loan Ratio 7.7% 5.5% Return on Average Equity 10.6% 20% Return on Average Assets 1.3% 2.5% Capital Adequacy Ratio 23.2% 23% Cost-to-Income Ratio (ex-impairment) 59.4% 55% Net
Slide 39: Thank You
Pri Nov) Thank You
United Bank for Africa — FY2025 Earnings Presentation on 6ix