{"id":5403,"date":"2025-07-14T12:21:32","date_gmt":"2025-07-14T07:21:32","guid":{"rendered":"https:\/\/pkfin.kotenterprises.dev\/?p=5403"},"modified":"2025-07-14T12:21:32","modified_gmt":"2025-07-14T07:21:32","slug":"ubl-announces-rs8-per-share-interim-dividend-as-half-year-profit-doubles-to-rs64-7-billion","status":"publish","type":"post","link":"https:\/\/pkfin.kotenterprises.dev\/?p=5403","title":{"rendered":"UBL Announces Rs8 per Share Interim Dividend as Half-Year Profit Doubles to Rs64.7 Billion"},"content":{"rendered":"

KARACHI:<\/strong> United Bank Limited (PSX: UBL)<\/a> has declared an interim cash dividend of Rs8 per share<\/strong>, after posting a 106% year-on-year increase<\/strong> in its after-tax profit for the half-year ended June 30, 2025. The bank\u2019s profit soared to Rs64.7 billion<\/strong>, up from Rs31.4 billion in the same period last year, driven by a significant rise in net interest income amid favourable interest rate spreads.<\/p>\n

UBL\u2019s earnings per share (EPS) jumped to Rs26.07<\/strong>, compared to Rs12.58 during 1HFY24, reflecting robust underlying profitability.<\/p>\n

According to a stock filing on Saturday, this interim dividend takes the bank\u2019s total payout for the first half of FY25 to Rs19 per share (270%)<\/strong>, including an earlier dividend of Rs11 per share.<\/p>\n

The bank\u2019s net interest income surged by an impressive 205%<\/strong>, reaching Rs175.4 billion<\/strong>, compared to Rs57.3 billion last year. Total income for the period rose 113%<\/strong> to Rs208.5 billion, up from Rs97.9 billion. The strong growth was primarily attributed to improved yields and a favourable interest rate environment.<\/p>\n

On the non-markup side, income declined 19% year-on-year<\/strong> to Rs33 billion, down from Rs40.6 billion, mainly due to lower capital gains as the previous year included sizeable one-off portfolio gains. However, core banking<\/a> activity remained resilient: fee and commission income rose 43%<\/strong>, foreign exchange income grew 20%<\/strong>, and gains on securities rebounded with a 330%<\/strong> increase.<\/p>\n

Operating expenses climbed 53%<\/strong> to Rs59.7 billion, reflecting inflationary pressures and growth-driven costs but remained well covered by strong income growth. Profit before credit loss allowance rose 153%<\/strong> to Rs146.5 billion, up from Rs57.8 billion.<\/p>\n

UBL booked Rs3.9 billion<\/strong> in credit loss provisions and write-offs\u2014up 60%<\/strong> year-on-year\u2014citing a conservative approach amid macroeconomic uncertainty. Tax expenses more than tripled to Rs85.6 billion, in line with higher pre-tax earnings and recent tax adjustments.<\/p>\n

Despite a slight dip in miscellaneous recoveries, which brought other income down to Rs0.5 billion from Rs0.6 billion, the bank\u2019s overall profitability<\/a> remained robust. Pre-tax earnings increased 149%<\/strong> to Rs150.4 billion.<\/p>\n

UBL\u2019s performance so far in 2025 places it among the country\u2019s top-performing financial institutions, benefiting from a high-interest rate environment and prudent risk management.<\/p>\n","protected":false},"excerpt":{"rendered":"

KARACHI: United Bank Limited (PSX: UBL) has declared an interim cash dividend of Rs8 per share, after posting a 106% year-on-year increase in its after-tax profit for the half-year ended June 30, 2025. The bank’s profit soared to Rs64.7 billion, up from Rs31.4 billion in the same period last year, driven by a significant rise […]<\/p>\n","protected":false},"author":1,"featured_media":5348,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"_FSMCFIC_featured_image_caption":"","_FSMCFIC_featured_image_nocaption":"","_FSMCFIC_featured_image_hide":"","footnotes":""},"categories":[1299],"tags":[],"class_list":["post","format-standard"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t