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InvestoNGX Intelligence

UNITYBNK

Investo's verdict, shared with you

watchmedium confidence12-month horizon
Trades at1.51+0.00%close, 2026-09-15

No fair value published

No valuation could be derived for this company from the inputs we hold.

Show what the engine computed

Input quality · no EPS within 2y — latest usable is FY2022, refused as a current anchor

Unity Bank Plc reported a deeply negative PBT of ₦62.6bn against revenue of ₦59.4bn in FY2023, implying operating losses that exceed total revenues and rendering the bank technically insolvent on an earnings basis; a court-ordered merger meeting filing (September 2025) signals a rescue or consolidation process is underway rather than organic recovery. With a market cap of only ₦17.7bn, a negative P/B ratio of -0.04 from our independent cross-check (implying negative book equity), and ROA of -25.9%, the bank's equity base appears wiped out, making current shareholders likely to face severe dilution or write-down in any restructuring.

Verdict published 2026-08-10 · fundamentals through FY2023 · reviewed as the data changes

Verdict moderated to Watch — Avoid was refused

No computed valuation exists for this name.

Source: NGX live market data · Investo intelligence. Educational only — not financial advice.

UNITYBNK — WATCH | Investo