United Bank Limited posted its highest-ever quarterly profit in the first quarter of 2026, reporting a consolidated profit after tax of Rs. 48.42 billion, while earnings per share rose to Rs. 19.33, according to the bank’s financial results and research snapshot shared by Arif Habib Limited.
The latest quarterly result marks a 34 percent increase year-on-year compared with Rs. 36.11 billion in the same period last year, while profit also surged 62 percent on a quarter-on-quarter basis, making it one of the strongest performances in the banking sector this season.
According to the official filing, the sharp rise in profitability was mainly driven by strong net interest income, higher gains on securities, and reversal of provisions. Net mark-up and interest income increased to Rs. 99.42 billion, compared with Rs. 84.22 billion a year earlier.
Non-mark-up income also saw a substantial jump, rising to Rs. 43.39 billion from Rs. 16.82 billion, supported by capital gains on investments and higher foreign exchange income.
The board also announced an interim cash dividend of Rs. 8 per share, equivalent to 160 percent, for the quarter ended March 31, 2026.
