Union Bank of Nigeria Plc has released its Q2 2021 Unaudited results for the period ended June 30th, 2021 with major performance indicators in negative .
Gross Earnings declined by -7% to N76bn from N82bn in the previous quarter while Profit before tax declined by 11% to N10bn and Profit after tax declined by 11% to N9.8bn. Even its Net Assets declined by -2.3% from N264bn to N258bn. Its Share Price stood at N5:20k as at the time the results were released Tuesday, Aug 4, 2020● UBN: 5.40
. UBN closed its last trading day (Monday, August 2, 2021) at 5.25 NGN per share on the Nigerian Stock Exchange (NGX), recording a 0.9% drop from its previous closing price of 5.30 NGN. Union began the year with a share price of 5.35 NGN but has since lost 1.87% off that price valuation, ranking it 108th on the NGX in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that UBN has lost 6% of the stock’s value from July 1st to date.
Union Bank Nigeria is the 43rd most traded stock on the Nigerian Stock Exchange over the past three months (Apr 28 – Aug 2, 2021). UBN has traded a total volume of 64 million shares—in 2,540 deals—valued at NGN 359 million over the period, with an average of 1.02 million traded shares per session. A volume high of 9.88 million was achieved on May 11th, and a low of 26,495 on July 13th, for the same period. The table below details the last 10 trading days of activity of Union Bank Nigeria on the Nigerian Stock Exchange.
| Last Trading Results | |
| Opening Price | |
| Day’s Low Price | 5.25 |
| Day’s High Price | 5.70 |
| Traded Volume | 863,734 |
| Number of Deals | 49 |
| Gross Turnover | 4.66M |
| Growth & Valuation | |
| Earnings Per Share | 0.74 |
| Price/Earning Ratio | 7.09 |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 29.1B |
| Market Capitalization | 153B |
Monetary values are quoted in Nigerian Naira (NGN) unless otherwise stated
UBN Stock Market Performance
| 1WK | 4WK | 3MO |
| -0.94% | -6.25% | +7.14% |
| 6MO | 1YR | YTD |
| -7.89% | -2.78% | -1.87% |
| Date | Volume | Close | Change | Change% |
| 2021-08-02 | 863,734 | 5.25 | -0.05 | -0.94% |
| 2021-07-30 | 335,675 | 5.30 | +0.10 | +1.92% |
| 2021-07-29 | 621,392 | 5.20 | -0.20 | -3.70% |
| 2021-07-28 | 3,940,507 | 5.40 | +0.10 | +1.89% |
| 2021-07-27 | 954,272 | 5.30 | ||
| 2021-07-26 | 378,560 | 5.30 | -0.15 | -2.75% |
| 2021-07-23 | 410,521 | 5.45 | ||
| 2021-07-22 | 32,826 | 5.45 | ||
| 2021-07-19 | 1,059,026 | 5.45 | -0.15 | -2.68% |
| 2021-07-16 | 52,601 | 5.60 |
as Major Performance Indicators Turn Negative in Q2 2021
