United Bank Limited (PSX:UBL)

United Bank Balance Sheet

Financials in millions PKR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	389,692	263,262	250,008	109,080	258,071	157,020
Investment Securities	8,594,413	5,868,292	4,376,853	1,506,791	1,495,957	1,164,794
Trading Asset Securities	233,838	26,331	83,450	31,257	79,045	6,357
Total Investments	8,828,250	5,894,623	4,460,303	1,538,048	1,575,003	1,171,151
Gross Loans	1,363,923	1,581,166	993,082	1,189,063	849,874	713,437
Allowance for Loan Losses	-125,029	-121,645	-103,662	-92,275	-82,432	-79,351
Other Adjustments to Gross Loans	-	-38.96	-11.22	-21.37	-23.6	-22.48
Net Loans	1,238,894	1,459,482	889,409	1,096,767	767,418	634,064
Property, Plant & Equipment	141,239	95,823	85,072	79,403	76,194	57,476
Goodwill	251.53	251.53	-	-	-	-
Other Intangible Assets	63,948	2,540	2,552	2,518	2,433	2,026
Accrued Interest Receivable	266,652	164,949	124,663	51,599	27,900	23,287
Other Receivables	34,317	12,318	2,596	5,761	1,805	1,763
Restricted Cash	212,989	107,542	60,778	50,641	45,854	130,703
Other Current Assets	79,594	66,183	24,783	24,269	19,490	17,890
Long-Term Deferred Tax Assets	-	-	-	16,751	3,041	4,682
Other Real Estate Owned & Foreclosed	1,679	42.08	42.08	40.8	213.34	236.08
Other Long-Term Assets	23,903	2,081	4,468	3,527	3,808	1,387
Total Assets	11,281,408	8,069,097	5,904,675	2,978,406	2,781,228	2,201,685
Accrued Expenses	35,853	32,511	27,116	16,745	15,279	13,185
Interest Bearing Deposits	2,369,964	1,114,721	1,499,918	1,140,053	1,083,881	1,055,434
Non-Interest Bearing Deposits	2,398,366	1,525,155	1,134,798	897,957	801,891	708,959
Total Deposits	4,768,330	2,639,876	2,634,716	2,038,010	1,885,772	1,764,392
Short-Term Borrowings	5,680,446	4,827,684	2,791,651	509,052	530,666	96,672
Current Portion of Long-Term Debt	-	543.58	1,792	27,866	9,378	9,968
Current Portion of Leases	457.01	449.41	383.16	5.61	6.18	5.11
Current Income Taxes Payable	12,681	-	7,275	-	-	-
Accrued Interest Payable	52,379	56,921	48,661	40,784	15,964	12,958
Other Current Liabilities	94,787	83,421	40,943	59,051	43,349	41,909
Long-Term Debt	54,431	38,476	43,241	39,984	36,690	38,564
Long-Term Leases	32,362	11,932	10,091	9,609	8,579	7,961
Long-Term Unearned Revenue	5,593	5,632	2,502	1,857	1,229	1,336
Pension & Post-Retirement Benefits	4,370	2,921	2,590	2,674	2,330	3,343
Long-Term Deferred Tax Liabilities	79,927	29,483	1,559	-	-	-
Other Long-Term Liabilities	9,324	8,610	5,761	3,575	3,672	3,759
Total Liabilities	10,830,939	7,748,289	5,618,802	2,749,214	2,552,914	1,994,053
Common Stock	12,521	12,242	12,242	12,242	12,242	12,242
Retained Earnings	222,970	171,403	144,257	137,842	128,336	122,930
Comprehensive Income & Other	204,436	137,113	114,469	69,983	79,124	64,952
Total Common Equity	450,402	320,758	270,968	220,067	219,702	200,125
Minority Interest	66.56	49.91	14,904	9,125	8,612	7,507
Shareholders' Equity	450,468	320,808	285,873	229,192	228,314	207,632
Total Liabilities & Equity	11,281,408	8,069,097	5,904,675	2,978,406	2,781,228	2,201,685
Total Debt	5,767,696	4,879,085	2,847,158	586,518	585,319	153,171
Net Cash (Debt)	-5,140,310	-4,586,999	-2,491,752	-360,884	-196,602	10,206
Net Cash Growth	-	-	-	-	-	-80.16%
Net Cash Per Share	-2072.97	-1873.50	-1017.72	-147.40	-80.30	4.17
Filing Date Shares Outstanding	2,504	2,448	2,448	2,448	2,448	2,448
Total Common Shares Outstanding	2,504	2,448	2,448	2,448	2,448	2,448
Book Value Per Share	179.86	131.01	110.67	89.88	89.73	81.74
Tangible Book Value	386,202	317,966	268,416	217,549	217,269	198,099
Tangible Book Value Per Share	154.22	129.87	109.63	88.85	88.74	80.91

Source: S&P Global Market Intelligence. Banks template. Financial Sources.