UNITED BANK FOR AFRICA PLC - POTENTIAL DELAY IN PUBLICATION OF HALF-YEAR AUDITED FINANCIAL STATEMENTS
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Open
₦45.90
Previous close
₦45.90
Day range
₦45.90 – ₦46.00
Volume
15,184,283
5.7x P/E
Awaiting filing
0.6% yield
65/100 measured
Easy to trade
UBA has a positive bias over 30 days and strong upside over one year.
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Expected move
-1.93%
Expected price
₦45.02
Lower path
₦41.46
Upper path
₦48.57
Confidence
Whisone is bullish because fundamentals are solid at 68/100 while turnover is thin at 0.032%. Whisone has moderate conviction here. The final read is being balanced by the weighted scores for fundamentals, technicals, insider flow, sentiment, event flow, and liquidity.
Whisone v2 splits the read into weighted parts so the score is not just one hidden number.
Fundamentals
Growth, margins, cash flow, and valuation.
Sentiment
Market mood from flow, events, and attention.
Latest net profit
₦328B
TTM (2026-08-22)
ROE
9.5%
Return on equity
ROA
1.2%
Return on assets
Debt / equity
0.24
Lower is usually safer.
P/B ratio
0.46
Useful for book value support.
Dividend yield
0.6%
Current income signal.
99/100
Direction
Range-bound
Main supports
Business quality and balance-sheet strength are supporting the outlook.
Valuation still leaves room versus fair value and analyst anchors.
Recent price behavior and momentum still support follow-through.
What can go wrong
Volatility is elevated, so the path can stay rough even if the thesis is right.
Fair value
₦52.10
Analyst view
Strong Buy
Analyst target
₦58.62
Forecast refresh
Updated 17h ago
Quality score
68
Growth score
75.13
These are the external analyst numbers and business outlook figures already synced into the company record.
Revenue this year
₦2.35T
Revenue next year
₦2.69T
EPS this year
₦16.22
EPS next year
₦20.85
Forecast dividend/share
₦0.25
Forward P/E
-
₦2.00
2024-10-15
Payment: 2024-10-22 | Qualification: 2024-10-14 | Yield at declaration: N/A
₦2.30
2024-05-13
Payment: 2024-05-24 | Qualification: 2024-05-10 | Yield at declaration: N/A
A plain-English reading of momentum, trend, volatility, range position, and trading participation.
RSI
50.6
Momentum is currently in a neutral range.
Recent trend
Sideways
-0.2% across the latest saved price window.
Volatility
Low
Beta is 0.17. Price has historically moved more calmly than the wider market.
52-week position
56% of range
Price is sitting around the middle of its 52-week range.
Volume confirmation
1.07x average
Trading activity is broadly within its normal range.
The CBN tenure prescription for non-executive directors prompted the chair change at UBA, indicating a regulatory impact on banks in the sector.
customer_loyalty_rewards
UBA may benefit from customer_loyalty_rewards. Confidence 98%.
Article states UBA credited over ₦400 million in anniversary bonuses under its UBA Bumper Account to reward customer loyalty and create value for savers.
CBN 12-year tenure limit
UBA may move with cbn 12-year tenure limit. Confidence 95%.
Article states Tony Elumelu is retiring after completing the 12-year tenure limit for non-executive directors stipulated by the Central Bank of Nigeria.
CBN 12-year tenure limit for non-exec directors
UBA may move with cbn 12-year tenure limit for non-exec directors. Confidence 95%.
The article states Tony O. Elumelu will retire on 21 Aug 2026 upon completion of the 12-year tenure limit prescribed by the Central Bank of Nigeria.
CBN 12-year tenure rule
UBA may move with cbn 12-year tenure rule. Confidence 95%.
Article states Elumelu is retiring effective Aug 21, 2026 upon completing the 12-year maximum tenure for non-executive directors prescribed by the Central Bank of Nigeria.
CBN tenure limit
UBA may move with cbn tenure limit. Confidence 95%.
Elumelu is stepping down as UBA Group Chairman on Aug 21, 2026 due to the CBN 12-year tenure limit for non-executive directors.
CBN tenure limit (12 years)
UBA may move with cbn tenure limit (12 years). Confidence 95%.
The Central Bank of Nigeria's 12-year tenure limit for non-executive directors applies to banks and is cited as the reason for the chairman's retirement.
CBN tenure limit for non-executive directors
UBA may move with cbn tenure limit for non-executive directors. Confidence 95%.
The Central Bank of Nigeria's 12-year tenure rule for non-executive directors is cited as the reason for the chairman's retirement, a regulatory factor impacting bank boards sector-wide.
Sector spillover signals
CBN_tenure_rule
UBA may also move because the FINANCIAL SERVICES sector may move with cbn_tenure_rule. Confidence 98%.
The CBN tenure prescription for non-executive directors prompted the chair change at UBA, indicating a regulatory impact on banks in the sector.
CBN 12-year tenure limit
UBA may also move because the FINANCIAL SERVICES sector may move with cbn 12-year tenure limit. Confidence 95%.
Article states Tony Elumelu is retiring after completing the 12-year tenure limit for non-executive directors stipulated by the Central Bank of Nigeria.
CBN tenure limit (12 years)
UBA may also move because the FINANCIAL SERVICES sector may move with cbn tenure limit (12 years). Confidence 95%.
The Central Bank of Nigeria's 12-year tenure limit for non-executive directors applies to banks and is cited as the reason for the chairman's retirement.
CBN tenure limit for non-executive directors
UBA may also move because the FINANCIAL SERVICES sector may move with cbn tenure limit for non-executive directors. Confidence 95%.
The Central Bank of Nigeria's 12-year tenure rule for non-executive directors is cited as the reason for the chairman's retirement, a regulatory factor impacting bank boards sector-wide.
CBN_tenure_cap
UBA may also move because the FINANCIAL SERVICES sector may move with cbn_tenure_cap. Confidence 95%.
The CBN's 12-year rule is forcing out long-serving bank directors and driving succession planning across Nigerian banks.
CBN_tenure_limit
UBA may also move because the FINANCIAL SERVICES sector may move with cbn_tenure_limit. Confidence 95%.
Elumelu is retiring after completing the 12-year tenure limit prescribed by the CBN; this governance rule directly prompted the change.
CBN_tenure_regulation
UBA may also move because the FINANCIAL SERVICES sector may move with cbn_tenure_regulation. Confidence 95%.
The Central Bank of Nigeria's tenure limits for non-executive directors are cited as driving a senior leadership change at UBA, illustrating how the regulation affects corporate governance in the financial services sector.
NTA CFC rules & 15% top-up tax
UBA may also move because the FINANCIAL SERVICES sector may move with nta cfc rules & 15% top-up tax. Confidence 95%.
Article states banks and financial groups with regional operations are expected to be affected by the CFC regime and top-up tax.
UBA
United Bank for Africa Plc
Price: ₦45.90
P/E: 5.66
Yield: 0.6%
ABBEYBANK
ABBEYBANK
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P/E: 32.39
Yield: 1.5%
ABBEYBDS
Abbey Mortgage Bank Plc
Price: ₦8.50
P/E: 32.39
Yield: 1.5%
ACCESSCORP
Access Holdings Plc
Price: ₦32.10
P/E: 2.09
Yield: N/A
Industry
Commercial Banks
Founded
1948
Employees
10,821
Exchange
NGX
Ticker
UBA
UNITED BANK FOR AFRICA PLC - POTENTIAL DELAY IN FILING AUDITED FINANCIAL STATEMENTS FOR THE HALF-YEAR ENDED JUNE 30, 2026
2026-08-24
Potential Delay in Pubication of Half-Year Audited Financial Statement
2026-08-21
₦44.2B
Book value / share
94.51