Last close · 16 Oct 2026
Rs 412.53 +0.45%
Financials
United Bank Limited (UBL) financials
20 years of annual results (FY2006 – FY2025).
United Bank Limited (UBL) reported total income of Rs 412.1 bn for FY2025 (Jan – Dec 2025), up 65.9% from FY2024.
Profit attributable to shareholders was Rs 130.0 bn (EPS Rs 52.13), up 73.0%.
It declared a dividend of Rs 29.50 per share for FY2025 and has paid a dividend in each of the last 20 years.
Deposits stood at Rs 5.17 tn and net advances at Rs 1.02 tn, an advances-to-deposits ratio of 19.8%.
Return on equity was 31.5%.
Over the last five years total income grew at a compound 34.6% a year.
At Rs 412.53 (close on 16 Oct 2026) the shares trade at 7.9× earnings (FY2025) and 2.04× book value, with a dividend yield of 7.2%.
Fundamentals
UBL at a glance
Total income · FY2025
Rs 412.1 bn
▲ 65.9% year on year
Profit attributable to shareholders · FY2025
Rs 130.0 bn
▲ 73.0% year on year
EPS – basic (Rs) · FY2025
Rs 52.13
▲ 69.8% year on year
Dividend per share (Rs) · FY2025
Rs 29.50
▲ 34.1% year on year
Deposits · FY2025
Rs 5.17 tn
▲ 95.8% year on year
Return on equity (ROE) · FY2025
31.5%
+6.2 pts year on year
Financial statements
Income statement
Revenue, costs, profit and earnings per share.
- Total income · FY2025
- Rs 412.1 bn
- Profit attributable · FY2025
- Rs 130.0 bn
Balance sheet
Assets, liabilities, debt and shareholders' equity.
- Total assets · FY2025
- Rs 12.63 tn
- Equity · FY2025
- Rs 505.2 bn
Financial highlights
UBL financial results
| Rs bn | FY2025 Jan – Dec 2025 | FY2024 Jan – Dec 2024 | FY2023 Jan – Dec 2023 | FY2022 * Jan – Dec 2022 | FY2021 Jan – Dec 2021 | FY2020 Jan – Dec 2020 | FY2019 Jan – Dec 2019 | FY2018 Jan – Dec 2018 | FY2017 Jan – Dec 2017 | FY2016 * Jan – Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net interest income | 363.9 | 175.3 | 150.6 | 109.3 | 76.3 | 77.9 | 64.5 | 59.6 | 59.8 | 61.1 |
| Total non-interest income | 48.3 | 73.2 | 15.4 | 24.4 | 20.0 | 15.5 | 18.6 | 22.3 | 21.0 | 21.1 |
| Total income | 412.1 | 248.5 | 166.0 | 133.6 | 96.3 | 93.4 | 83.1 | 81.9 | 80.8 | 82.2 |
| Operating expenses | (122.8) | (104.8) | (60.9) | (50.7) | (46.3) | (59.0) | (47.2) | (49.3) | (39.7) | (35.2) |
| Provisions & impairment (loans) | (4.7) | 10.9 | (5.2) | (3.4) | 0.7 | 15.8 | 4.5 | 10.7 | 2.2 | 0.7 |
| Profit before tax | 291.1 | 145.0 | 110.6 | 68.4 | 52.2 | 34.4 | 35.7 | 25.6 | 40.9 | 47.2 |
| Profit attributable to shareholders | 130.0 | 75.2 | 55.1 | 31.5 | 30.4 | 20.9 | 19.1 | 15.5 | 25.9 | 27.8 |
| EPS – basic (Rs) Rs | 52.13 | 30.70 | 22.52 | 12.88 | 12.42 | 8.55 | 7.80 | 6.32 | 10.60 | 11.35 |
| Dividend per share (Rs) Rs | 29.50 | 22.00 | 22.00 | 11.00 | 9.00 | 6.00 | 6.00 | 5.50 | 6.50 | 6.50 |
| Advances (net) | 1,021.1 | 1,329.8 | 848.1 | 978.7 | 682.7 | 553.5 | 643.6 | 693.7 | 593.1 | 546.2 |
| Deposits | 5,168.1 | 2,639.9 | 2,634.7 | 2,034.6 | 1,885.8 | 1,764.4 | 1,558.0 | 1,448.3 | 1,349.7 | 1,220.3 |
| Total assets | 12,628.5 | 8,069.1 | 5,904.7 | 2,978.4 | 2,781.2 | 2,201.9 | 2,023.7 | 2,002.5 | 2,130.9 | 1,684.8 |
| Equity attributable to shareholders | 505.2 | 320.8 | 271.0 | 220.1 | 219.7 | 200.1 | 183.7 | 163.1 | 169.0 | 159.1 |
Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets. Free cash flow and book value per share are calculated by Smart Money; TTM = the latest four quarters. Updated 15 Oct 2026.