{
  "id": 16725113,
  "title": "United Capital’s 9M 2026 pre-tax profit rises 66% to N41.58 billion as investment income nearly doubles",
  "url": "https://urgent.news/2026/10/27/united-capitals-9m-2026-pre-tax-profit-rises-66-to-n41-58-billion-as",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-27T08:01:02.000Z",
  "source": {
    "name": "Nairametrics",
    "slug": "nairametrics",
    "url": "https://nairametrics.com/2026/10/27/united-capitals-9m-2026-pre-tax-profit-rises-66-to-n41-58-billion-as-investment-income-nearly-doubles/"
  },
  "original_language": "en",
  "account": "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.",
  "summary": "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 .",
  "key_points": [
    "United Capital's pre-tax profit rises 66% to N41.58 billion in 9M 2026",
    "Investment income nearly doubles, increasing 94.65% to N22.03 billion",
    "Cash and cash equivalents surge 115.28% to N618.08 billion"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "New Straits Times",
        "title": "LPI Capital Q3 net profit eases to RM96.82mil",
        "url": "https://urgent.news/2026/10/27/lpi-capital-q3-net-profit-eases-to-rm96-82mil",
        "published": "2026-10-27T07:06:16.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}