United Bank Limited (UBL), one of Pakistan’s largest commercial banks, reported an after-tax profit of Rs35.36 billion for the quarter ended September 30, 2025, marking a significant 89% increase from Rs18.73 billion in the same period last year. The financial results were released to the Pakistan Stock Exchange (PSX) on Wednesday.
As a result, the bank’s Earnings Per Share (EPS) rose to Rs14.12 in Q3 2025, compared to Rs7.65 in Q3 2024.
UBL announced an interim cash dividend of Rs8 per share (160%) for the quarter, in addition to the Rs13.5 per share (270%) interim dividend already paid earlier.
The bank’s net markup/interest income surged to Rs91.98 billion during the quarter, up from Rs51.61 billion in the same period last year, driven by improved spreads and higher yields on earning assets.
However, non-markup income declined by 13% to Rs14.25 billion, compared to Rs16.35 billion last year, mainly due to lower foreign exchange income.
Total income for July–September climbed by 56% to Rs106.23 billion, from Rs67.96 billion in the corresponding quarter of 2024.
Operating expenses rose 35% to Rs31.03 billion, compared to Rs23.02 billion in the same period last year. The Workers’ Welfare Fund contribution also increased to Rs1.47 billion, up from Rs993 million.
Consequently, pre-tax profit reached Rs74.67 billion, compared to Rs43.48 billion in the same quarter of 2024.
During Q3 2025, UBL paid Rs39.3 billion in taxes, up 59% from Rs24.75 billion in the corresponding period last year.
