United Capital’s H1 profit before tax jumps 80% to N24.78bn for half-year to 30 June 2026
United Capital's H1'26 results show strong profitability and revenue momentum (PBT +80% YoY; gross earnings +58%), alongside a 30 kobo interim dividend and rising shareholders' funds. The report highlights resilient execution and diversified income streams, though total assets declined 7% YTD due to lower investment securities despite higher cash. Market impact is likely localized to Nigerian financial equities rather than broad global risk assets.
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Nigeria’s PanAfrican investment bank United Capital Plc reported profit before tax of N24.78bn for the half-year ended 30 June 2026, up 80% year on year. Gross earnings rose 58% to N37.49bn. The board approved an interim dividend of 30 kobo per share. Shareholders’ funds increased 25% year to date to N187.09bn and managed funds grew 4% to N1.04tn.