UBL, NRL & EFERT: What Their Latest Earnings Reveal | Stock Watch | Nukta Business

Quarterly earnings dip, but nine-month growth holds strong. Is UBL’s performance a mixed signal for investors? In 3QCY26, United Bank Limited (UBL) posted EPS of PKR 12.24, down 18.2% QoQ and 13.3% YoY, alongside a dividend of PKR 8 per share. Net interest income edged up 3.3% QoQ to PKR 93.31 billion, but realised gains on securities plunged 56.8% to PKR 5.53 billion as administrative expenses climbed 12.6% to PKR 52.77 billion. The bigger picture? 9MCY26 EPS rose 15.7% YoY to PKR 46.50, with cumulative dividends reaching PKR 24 per share. In this episode of Stock Watch, powered by Chase Securities, Nukta’s Shahbaz Ashraf, CFA, and Moiz Ur Rehman break down UBL’s earnings, what’s driving the numbers and what they mean for investors and the Pakistan Stock Exchange. Is UBL’s nine-month growth enough to outweigh the quarterly slowdown? Share your take in the comments. Subscribe to Nukta Business for the latest PSX updates, company earnings, market analysis and investment insights. #nukta #nuktabusiness #stockwatch #psx #kse100 #ubl #pakistanstocksanalysis #investmentinsights --------------------------------------------------------------------------------------- 00:00 Intro 00:43 United Bank Limited (UBL) 09:09 National Refinery Limited (NRL) 18:22 Engro Fertilizers Limited (EFERT) Follow us on: Facebook: https://www.facebook.com/profile.php?... Instagram:   / nuktabusiness   TikTok:   / nuktabusiness   X: https://x.com/NuktaBusiness