Unity Bank

Unity Bank Asset Turnover

The Asset Turnover Ratio of Unity Bank (UNITYBNK.NL) as of Nov 5, 2026 is 0.13. In the previous year, Asset Turnover Ratio was 0.11 — a change of 11.95% (higher).

Asset Turnover

0.13

YoY

11.95%

Last updated:

Asset Turnover Ratio of Unity Bank is 2023 0.13 . Asset Turnover Ratio of Unity Bank was 2022 0.11 . It decreases by 11.95% higher compared to the previous year.

The Unity Bank Asset Turnover history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Asset Turnover
Date
Asset Turnover
Jan 1, 2016
0.17 NGN
Jan 1, 2017
0.57 NGN
Jan 1, 2018
0.18 NGN
Jan 1, 2019
0.15 NGN
Jan 1, 2020
0.09 NGN
Jan 1, 2021
0.09 NGN
Jan 1, 2022
0.11 NGN
Jan 1, 2023
0.13 NGN
The Unity Bank Asset Turnover history
YEARAsset TurnoverYoY
0.13+11.95%
0.11+20.24%
0.09-1.32%
0.09-37.85%
0.15-14.07%
0.18-69.18%
0.57+236.92%
0.17-4.09%
0.18-4.99%
0.19—

Access this data via the Eulerpool API

100,000 free requests/mo · no credit card

Unity Bank Stock analysis

What does Unity Bank do? Unity Bank PLC generates revenue through corporate and individual banking services, including loans, advances, and trade finance. Its personal banking segment offers products like Unity Max Current Account, Double Edge Savings Account, and Unifi Savings Account, targeting retail customers. Business banking provides Domiciliary Account and UnityBiz Current Account for corporate clients, while digital services such as mobile banking and Internet banking drive customer engagement. The bank operates across two geographical segments, North and South Bank, serving diverse customer needs with tailored financial solutions. The company monetizes its retail banking through savings and current accounts, including Unity Kids Account and Yanga Account, which appeal to younger and individual customers. Corporate clients utilize business banking services like Corporate Current Account and Business Savings Account, supported by international banking and cash management solutions. Electronic banking services, including ATM and agent networks, enhance accessibility, contributing to transaction-based revenue streams. The bank’s focus on digital transformation through mobile and internet platforms strengthens customer retention and cross-selling opportunities. Unity Bank PLC’s revenue streams are diversified across its North and South Bank segments, with personal banking products such as Airtime Purchase and Moneygram generating ancillary income. Corporate clients benefit from trade finance and international banking services, while retail customers access services like TransFast for money transfers. The bank’s comprehensive suite of financial products, including FX purchase and cash management, ensures steady revenue from both individual and business segments without relying on external partnerships or third-party services. Unity Bank is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Unity Bank stock

Asset Turnover Ratio of Unity Bank is 0.13 in 2023.

Asset Turnover Ratio of Unity Bank changed from 0.11 to 0.13, representing a 11.95% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Asset Turnover Ratio Unity Bank since 2006 – with annual values, charts, and detailed analysis.

Asset turnover measures how efficiently a company uses its assets to generate revenue. Higher ratios indicate more efficient asset utilization.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Asset Turnover Ratio's Unity Bank with sector peers and the industry average to assess whether it is attractive.

To evaluate Asset Turnover Ratio's, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Asset Turnover Ratio.

Access this data via the Eulerpool API

100,000 free requests/mo · no credit card

Profitability — Unity Bank

All Key Metrics — Unity Bank