UBL Growth and Market Leadership
The Big Picture on Macros - UBL delivers strong results with improving EPS
Economy impacted by rising inflation, power tariff hikes and pressure on currency
Avg Market deposits for YTD Dec'22 at Rs. 21.0 tln, up 15% YoY
Currency in Circulation remains high at Rs. 7.7 tln up 10% over Dec'21 (Dec'20: Rs 6.2 tln)
Avg Market Advances for YTD Dec'22 up by 19% from Dec'21 YTD at Rs. 10.8 tln - of which private sector credit is at Rs 8.2 tln
Inflation at 24.5% in Dec'22, increased further to 27.6% in Jan'23 (Dec'21: 12.2%) - now trending to remain high
Interest rates at very steep levels - (27 Feb'23 vs Dec'22) 3M: 19.35% +266bps, 1Y: 19.93% +293bps, 3Y: 18.16% +252bps
UBL announces historic results in 2022
RS
Rs
68.3B 32.1B
PBT
up 31%
PAT
up 4%
38%
Cost to
Income ratio
vs 45% in 2021
18.0% 19.2%
Rs
Rs
26.2 22.0
ROE
CAR
7.2% above
EPS
up 4%
minimum levels
Dividend
Dividend Payout
84%View entire presentation