United Bank (UBL) Investor update summary

Growth and shareholder returns

• Revenue grew 131% and pretax profit 185% over two years, highest among the top 20 PSX companies by market capitalization.

• Dividends totaled PKR 115bn over eight quarters, the highest among PSX-listed companies; the dividend was raised 45%.

• Total shareholder return was 1,247% from Jan 1, 2023 to Sep 2, 2025, including reinvested dividends; capital gain was 659% and dividend yield 588%.

• Total comprehensive income after tax reached PKR 342bn across CY2023-1H2025, highest in the banking sector.

Deposit and franchise momentum

• Jun 2023-Jun 2025 total deposits grew 98% to PKR 4,292bn versus industry growth of 40%; market share rose from 8.1% to 11.5%.

• Current deposits grew 114% to PKR 2,299bn versus industry growth of 40%; market share rose from 9.0% to 13.8%.

• End-August current-account balances were higher than at June 30.

• FY2025 remittance volume reached USD 8.9bn with 23.2% market share, remaining number one; FY2025 trade market share rose to 8.6% from 5.9% in FY2023.

Earnings and financial position

• H1'25 standalone revenue was PKR 206.2bn, up 123% YoY; pretax profit was PKR 148.7bn, up 158%; after-tax profit was PKR 63.8bn, up 117%; EPS was PKR 25.7, up 114%.

• H1'25 net interest income rose 227% YoY to PKR 175.4bn, while non-interest income fell 21% to PKR 30.8bn.

• At Jun 2025, standalone assets were PKR 11,089bn, deposits PKR 4,292bn, investments PKR 8,877bn and equity including revaluation surplus PKR 426bn.