UBL Becomes First Pakistani Bank to Surpass Rs500 Billion in Market Capitalization

UBL Becomes First Pakistani Bank to Surpass Rs500 Billion in Market Capitalization

KARACHI: February, 2025United Bank Limited (UBL) has made history by becoming the first Pakistani bank to exceed Rs500 billion in market capitalization, following an impressive 125.32% surge in its stock value over the past year.

On Friday, UBL’s stock closed at Rs410.21 on the Pakistan Stock Exchange (PSX), marking a 4.74% increase. The stock peaked at an intraday high of Rs413.99 and a low of Rs393.01, with a total of 1.27 million shares traded.

The bank currently holds a price-to-earnings (P/E) ratio of 7.46, with an earnings per share (EPS) of Rs54.97 and a dividend yield of 15.10%. UBL’s 52-week range highlights a low of Rs174.69 and a high of Rs413.99. Additionally, the bank’s book value per share stands at Rs255.43, while its price-to-book ratio is 1.14. Notably, the debt-to-equity ratio remains at 0.00.

UBL is a leading commercial bank in Pakistan, offering a range of banking and financial services. It operates as a subsidiary of Bestway (Holdings) Limited, which is wholly owned by Bestway Group Limited.

This milestone underscores UBL’s strong financial performance and investor confidence, reinforcing its position as a dominant player in the Pakistani banking sector.

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