Pan-African investment bank, United Capital Plc, has reported an 80 per cent year-on-year growth in its profit before tax to N24.78bn for the half-year ended 30 June 2026, compared to N13.79bn recorded in the corresponding period of 2025.
According to its unaudited financial statements filed with the Nigerian Exchange Limited on Monday, the firm’s gross earnings expanded 58 per cent year-on-year to N37.49bn from N23.76bn in H1 2025.
Profit after tax surged 77 per cent to N21.10bn from N11.89bn recorded in the prior-year period, while annualised earnings per share rose 77 per cent to 234 kobo.
Following the half-year performance, the board of directors approved an interim dividend of 30 kobo per share, amounting to a total payout of N5.4bn to shareholders.
Commenting on the financial results, the Group Chief Executive Officer, United Capital Plc, Peter Ashade, said the performance reflected operational resilience and disciplined execution.
