The United Bank (EGX:UBEE)

The United Bank Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest Income on Loans	14,057	13,006	9,949	6,612	4,877
Interest Income on Investments	151.24	121.15	90.08	66.29	61.35
Total Interest Income	14,208	13,127	10,039	6,679	4,938
Interest Paid on Deposits	8,741	8,195	6,675	3,970	2,720
Net Interest Income	5,467	4,932	3,364	2,709	2,218
Net Interest Income Growth (YoY)	10.84%	46.60%	24.20%	22.11%	9.55%
Income From Trading Activities	151.26	182.51	-	101.41	49.31
Gain (Loss) on Sale of Assets	0.02	10.53	73.24	51.98	16.69
Gain (Loss) on Sale of Investments	122.41	34.82	42.78	89.37	165.64
Other Non-Interest Income	665.4	608.74	658.55	328.29	213.77
Total Non-Interest Income	939.09	836.6	774.57	571.05	445.41
Non-Interest Income Growth (YoY)	12.25%	8.01%	35.64%	28.21%	14.54%
Revenues Before Loan Losses	6,406	5,769	4,139	3,280	2,664
Provision for Loan Losses	217.59	146.68	199.05	36.49	19.86
Revenue	6,188	5,622	3,940	3,243	2,644
Revenue Growth (YoY)	10.07%	42.70%	21.48%	22.68%	0.19%
Salaries and Employee Benefits	-	-	-	722.51	650.94
Selling, General & Administrative	2,198	1,856	1,524	535.02	480.63
Other Non-Interest Expense	309.13	23.32	55.68	30.6	-30.26
Total Non-Interest Expense	2,507	1,879	1,580	1,288	1,101
EBT Excluding Unusual Items	3,681	3,742	2,360	1,955	1,542
Pretax Income	3,681	3,742	2,360	1,955	1,542
Income Tax Expense	1,250	909.49	617.61	623.8	396.99
Earnings From Continuing Operations	2,431	2,833	1,742	1,331	1,145
Minority Interest in Earnings	-10.56	-12.88	-10.07	-7.05	-6.5
Net Income	2,421	2,820	1,732	1,324	1,139
Preferred Dividends & Other Adjustments	465.12	312.07	190.85	152.61	129.89
Net Income to Common	1,956	2,508	1,541	1,172	1,009
Net Income Growth	-14.16%	62.80%	30.81%	16.27%	-13.02%
Basic Shares Outstanding	1,100	1,100	1,100	500	371
Diluted Shares Outstanding	1,100	1,100	1,100	500	371
Shares Change (YoY)	-	-	120.00%	34.60%	3.70%
EPS (Basic)	1.78	2.28	1.40	2.34	2.72
EPS (Diluted)	1.78	2.28	1.40	2.34	2.72
EPS Growth	-22.02%	62.71%	-40.20%	-13.74%	-16.29%
Dividend Per Share	-	0.750	-	-	-
Effective Tax Rate	33.95%	24.30%	26.17%	31.91%	25.74%

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