<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">United Bank Limited (UBL) has announced 4QCY24 result, where the
bank has posted consolidated earnings of PKR 21.3/sh, up by 93%
YoY and 42% on QoQ basis. The result is above our our expectations,
mainly because of sharp increase in net interest income and
PKR18.5bn gain on sale of securities booked during the qtr. The bank
has announced final cash dividend of PKR 11/sh, taking full year
dividend to PKR 44/sh.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Net Interest Income (NII) surged 84% YoY and 32% QoQ, driven by
lagged asset repricing and a decline in the cost of deposits. The
combination of higher asset yields adjusting to previous rate hikes
and improved deposit cost management contrib...
