By Babajide Komolafe
United Bank for Africa Plc (UBA) has sustained its growth trajectory, with total assets crossing the N33 trillion mark and maintaining momentum into the first quarter of 2026, following strong growth in earnings in Full Year 2025 and Q1’26.
The bank’s unaudited results for the first quarter ended March 31, 2026, showed that total assets stood at ?33.1 trillion, reinforcing the strong balance sheet position achieved in the 2025 financial year, when assets rose by 9.4 per cent to ?33.2 trillion.
Gross earnings in Q1 2026 grew by five per cent to ?801.5 billion, building on the N3 trillion earnings recorded in Full Year 2025,  supported by expansion across key income lines. Interest income increased by 6.9 per cent to N641.1 billion in Q1’26, while non-interest income rose by 17.3 per cent to N137.1 billion, underscoring the Group’s diversified revenue base.
Net interest income advanced by 10.5 per cent to N383.7 billion in Q1’26, driving a 12.2 per cent
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