United Capital’s 9M 2026 pre-tax profit rises 66% to N41.58 billion as investment income nearly doubles
United Capital Plc recorded a 66.24% increase in pre-tax profit to N41.58 billion for the nine months ended September 2026, compared with N25.01 billion in the corresponding period of 2025, driven largely by a surge in investment income. The post United Capital’s 9M 2026 pre-tax profit rises 66% to N41.58 billion as investment income nearly doubles appeared first on Nairametrics .
United Capital Plc reported a substantial 66.24% surge in pre-tax profit for the nine months ending September 2026, reaching N41.58 billion compared to N25.01 billion in the same period last year. This growth was primarily fueled by a substantial increase in investment income, which climbed by 94.65% to N22.03 billion, surpassing fee and commission income.
Consequently, profit after tax climbed by 64.51% to N34.83 billion, while earnings per share rose to 258 kobo from 157 kobo. The company's cash and cash equivalents saw a remarkable 115.28% increase to N618.08 billion, indicating a more liquid asset mix. Despite the impressive earnings growth, United Capital's share price saw a minor decline of 2.1% to N16.55, following the announcement of the nine-month financial results.
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