Unity Bank (NSA:UBP) Gross-Profit-to-Asset % : 5.20% (As of Dec. 2022)

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What is Unity Bank Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Unity Bank's annualized Gross Profit for the quarter that ended in Dec. 2022 was ₦27,259 Mil. Unity Bank's average Total Assets over the quarter that ended in Dec. 2022 was ₦524,506 Mil. Therefore, Unity Bank's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2022 was 5.20%.

Unity Bank Gross-Profit-to-Asset % Historical Data

The historical data trend for Unity Bank's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Unity Bank Gross-Profit-to-Asset % Chart

Unity Bank Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Gross-Profit-to-Asset %

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10.76

10.10

5.43

4.89

5.20

Unity Bank Semi-Annual Data
	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Gross-Profit-to-Asset %	Get a 7-Day Free Trial			10.76	10.10	5.43	4.89	5.20

Competitive Comparison of Unity Bank's Gross-Profit-to-Asset %

For the Banks - Regional subindustry, Unity Bank's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Unity Bank's Gross-Profit-to-Asset % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Unity Bank's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Unity Bank's Gross-Profit-to-Asset % falls into.

Unity Bank Gross-Profit-to-Asset % Calculation

Unity Bank's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2022 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2022 )	/	( (Total Assets (A: Dec. 2021 )	+	Total Assets (A: Dec. 2022 ))	/ count )
	=	27258.832	/	( (538868.756	+	510143.959)	/ 2 )
	=	27258.832	/	524506.3575
	=	5.20 %

Unity Bank's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2022 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Dec. 2022 )	/	( (Total Assets (Q: Dec. 2021 )	+	Total Assets (Q: Dec. 2022 ))	/ count )
	=	27258.832	/	( (538868.756	+	510143.959)	/ 2 )
	=	27258.832	/	524506.3575
	=	5.20 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is one times the annual (Dec. 2022) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Unity Bank Gross-Profit-to-Asset % Related Terms

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Unity Bank (NSA:UBP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Unity Bank PLC (NSA:UBP) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot 42, Ahmed Onibudo Street, Victoria Island, Lagos, NGA

Website

http://www.unitybankng.com

Unity Bank PLC provides a range of retail, corporate, treasury and investment banking services in Nigeria. The Bank's offerings include Private banking, Digital Banking, Business banking, custody services, consumer loans & mortgages, structured financing, corporate leasing services among others. It has six Business segments Corporate Banking, Commercial Banking, Personal Banking, Private Banking, SME and Institutional Banking. The Bank operated Two geographical segments in addition to the Head Office which are: North and South Bank, of which it dervies majority revenue from North Bank.