United Bank Limited (UBL) Financial Statements, Ratios & Dividends
About
United Bank Ltd. engages in the provision of commercial banking and related services. It operates through the following segments: Corporate and Commercial Banking, Treasury, Branch Banking, Islamic Banking, International Branch Operations, and Others. The Corporate and Commercial Banking segment includes project, trade and working capital finance, import and export, factoring, leasing, lending, deposits and guarantees. The Treasury segment is composed of fixed income, equity, foreign exchange, credit, funding, own position securities, lending and borrowings and derivatives for hedging and market making. The Branch Banking segment is involved in deposits, lending and banking services to private individuals and small businesses including credit cards and branchless banking. The Islamic Banking segment represents branch operations of Islamic banking window of the Bank. The International Branch Operations segment refers to the bank's operations in 5 countries including two branches in export processing zones in Karachi and Sialkot. The Others segment provides functions which cannot be classified in any of the above segments. The company was founded by Anwar M. Pervez and Md. Naseem Saigol on November 7, 1959 and is headquartered in Karachi, Pakistan.
Financial Highlights
| FY2025 | FY2024 | ||
|---|---|---|---|
| Revenue | 1.25T | 1.17T | |
| Net Income | 130.00B | 75.16B | |
| EPS | 52.13 | 30.70 | |
| ROE | 31.48% | 25.29% | |
| ROA | 1.26% | 1.07% | |
| Net Margin | 30.67% | 29.24% | |
| Current Ratio | 0.10 | 0.08 | |
| DPS | 29.50 | 22.00 | |
| Free Cash Flow | 4.07T | 2.02T |
| FY2025 | FY2024 | ||
|---|---|---|---|
| Total Interest Income | 1.19T | 1.09T | |
| Total Interest Expense | -823.31B | -911.09B | |
| Net Interest Income | 363.89B | 175.29B | |
| Loan Loss Provision | 4.09B | -11.31B | |
| Net Interest Income after LLP | 367.99B | 163.98B | |
| Non-Interest Income | 59.96B | 81.72B | |
| Commissions & Fees | 28.29B | 19.10B | |
| Foreign Exchange Income | 17.98B | 12.56B | |
| Non-Interest Expense | -137.67B | -101.84B | |
| Labor & Personnel | -51.03B | -38.78B | |
| Total Revenue | 1.25T | 1.17T | |
| Operating Income | 290.27B | 143.86B | |
| Pre-Tax Income | 290.14B | 144.14B | |
| Income Tax | -161.09B | -70.20B | |
| Minority Interest | -20.49M | -15.10M | |
| Net Income | 130.00B | 75.16B | |
| EPS (Basic) | 52.13 | 30.70 | |
| EPS (Diluted) | 52.13 | 30.70 | |
| Non-Interest Income / Revenue | 14.15% | 31.80% | |
| Operating Margin | 68.48% | 55.98% | |
| Net Margin | 30.67% | 29.24% | |
| Pre-Tax Margin | 23.26% | 12.34% |
| FY2025 | FY2024 | ||
|---|---|---|---|
| Regulatory Capital | |||
| CET1 Ratio | 15.92% | 14.83% | |
| Tier 1 Capital Ratio | 16.31% | 15.45% | |
| Tier 2 Capital Ratio | 4.66% | 5.14% | |
| Total Capital Ratio | 20.97% | 20.59% | |
| Tier 1 Capital | 409.30B | 245.22B | |
| Risk-Weighted Assets | 2.51T | 1.59T | |
| Asset Quality | |||
| Non-Performing Loans | 223.91B | 231.98B | |
| NPL Ratio (NPL/Gross Loans) | 0.14% | 0.15% | |
| Loan Loss Coverage | 0.06% | 2.69% | |
| NPL / Loan Loss Reserve | 1.82 | 1.91 | |
| Reserve / Gross Loans | 0.08% | 0.08% | |
| Profitability | |||
| Return on Equity (ROE) | 31.48% | 25.29% | |
| Return on Assets (ROA) | 1.26% | 1.07% | |
| Operating Margin | 68.48% | 55.98% | |
| Net Margin | 30.67% | 29.24% | |
| Yield on Earning Assets | 12.65% | 17.09% | |
| Interest Income / Deposits | 10.28% | 7.11% | |
| Deposit & Loan Structure | |||
| Deposits / Total Assets | 0.36% | 0.31% | |
| Loans / Deposits (ADR) | 0.34% | 0.63% | |
| Loans / Total Assets | 0.12% | 0.20% | |
| Equity / Deposits | 0.11% | 0.13% | |
| Cash / Deposits | 2.30% | 2.48% | |
| CASA Ratio | 0.56% | 0.60% | |
| Per Share | |||
| Book Value Per Share | 201.75 | 131.01 | |
| Tangible Book Per Share | 178.31 | 129.87 | |
| Shares & Market | |||
| Total Shares Outstanding | 2,504,247,750 | 2,448,359,374 | |
| Market Cap | 1.06T | 467.92B | |
| Enterprise Value | 7.69T | 5.11T | |
| Employees | 26,921 | 19,774 | |
| Shareholders | 22,396 | 22,396 | |
| FY2025 | FY2024 | ||
|---|---|---|---|
| Dividends Per Share | 29.50 | 22.00 | |
| Dividend Yield | 6.95% | 11.51% | |
| Payout Ratio | 56.59% | 71.67% | |
| Total Dividends Paid | -67.08B | -53.83B |
| FY2025 | FY2024 | ||
|---|---|---|---|
| P/E Ratio | 8.14 | 6.23 | |
| P/B Ratio | 2.10 | 1.46 | |
| P/S Ratio | 2.50 | 1.82 | |
| P/CF Ratio | 0.25 | 0.23 | |
| Market Cap | 1.06T | 467.92B | |
| Enterprise Value | 7.69T | 5.11T |
| TTM | ||
|---|---|---|
| Income | ||
| Revenue | 1.39T | |
| Operating Income | 317.72B | |
| Net Income | 151.17B | |
| Free Cash Flow | 4.32T | |
| EPS (Basic) | 60.37 | |
| Margins | ||
| Operating Margin | 66.45% | |
| Net Margin | 31.62% | |
| Returns | ||
| Return on Equity (ROE) | 31.52% | |
| ROIC | 0.04% | |
| Coverage & Debt | ||
| Dividend Coverage | 1.91 | |
| Debt / Revenue | 6.29 | |
| Valuation & Scores | ||
| P/E (TTM) | 6.95 | |
| Sloan Ratio | -4.68 | |
| Zmijewski Score | 1.10 | |
Computed Metrics (Latest Period)
| FY2025 | ||
|---|---|---|
| Extended Returns | ||
| Return on Common Equity | 31.48% | |
| Return on Tangible Equity | 34.01% | |
| Return on Tangible Assets | 1.26% | |
| Return on Total Capital | 4.46% | |
| ROCE | 19.90% | |
| Growth | ||
| EPS Diluted Growth | 0.70% | |
| Sustainable Growth Rate | 13.67% | |
| Quality & Risk Scores | ||
| Zmijewski Score | 1.07 | |
| Sloan Ratio | -1.22 | |
| Valuation (Computed) | ||
| Graham Number | 486.46 | |
| Tobin's Q Ratio | 0.08 | |
| Leverage & Coverage | ||
| Total Debt / Capital | 0.93% | |
| Assets / Equity (Leverage) | 25.00 | |
| Effective Interest Rate | 10.57% | |
| Debt / Revenue | 5.76 | |
| Efficiency (Computed) | ||
| Fixed Asset Turnover | 9.84 | |
| Dividends (Computed) | ||
| Dividend Coverage | 2.61 | |
| Share Buyback Ratio | -2.28 | |
| Per Employee | ||
| Revenue / Employee | 15.74M | |
| Net Income / Employee | 4.83M | |
| Oper. Income / Employee | 10.78M | |
| Total Assets / Employee | 469.10M | |
| Balance Sheet (Computed) | ||
| Earnings Schedule | ||
| Next Earnings Date | 24 Feb 2027 | |
| Next Fiscal Period | 2026 | |