Arab Finance: The United Bank reported a 3% year-on-year (YoY) decline in consolidated net profit attributable to shareholders during the first nine months of 2026, according to financial statements filed to the Egyptian Exchange (EGX).
The bank's consolidated net profit attributable to shareholders fell to EGP 1.738 billion from January through September 2026, compared to EGP 1.793 billion in the same period of 2025.
Meanwhile, consolidated net interest income increased by 15% to EGP 4.492 billion during the nine-month period, up from EGP 3.918 billion a year earlier.
On a standalone basis, The United Bank recorded a 3% YoY decline in net profit to EGP 1.662 billion during the first nine months of 2026, down from EGP 1.720 billion in the corresponding period of 2025.
Standalone net interest income rose by 13% to EGP 4.264 billion, compared to EGP 3.782 billion in the same period last year.