United Bank Limited has reported its strongest-ever quarterly performance, posting a record consolidated profit after tax of Rs. 48.42 billion for the first quarter of 2026, according to financial results and a research update shared by Arif Habib Limited. Earnings per share for the period rose to Rs. 19.33.

The result reflects a 34% year-on-year increase compared to Rs. 36.11 billion in the same quarter last year, while on a quarter-on-quarter basis, profits surged by 62%, marking one of the most robust performances in Pakistan’s banking sector this reporting season.

The strong growth was primarily driven by higher net interest income, improved gains on securities, and reversals in provisioning expenses. Net mark-up and interest income rose to Rs. 99.42 billion, up from Rs. 84.22 billion in the corresponding period last year.

Non-mark-up income also recorded a sharp increase, climbing to Rs. 43.39 billion from Rs. 16.82 billion, supported by strong capital gains on investments and improved foreign exchange income.

Alongside the results, the bank announced an interim cash dividend of Rs. 8 per share (160%) for the quarter ended March 31, 2026.

United Bank Limited remains one of Pakistan’s leading commercial banks, with a strong domestic presence and an expanding international footprint, operating across corporate banking, consumer finance, treasury, and digital financial services.