UBCI stock reports 9.7 percent first-half profit growth

Published on 10/08/2026 at 03:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

UBCI stock's first-half net banking income reached TND 194.9 million on June 30, 2026, up 10.9 percent year over year. Net profit reached TND 30.0 million, up 9.7 percent.

UBCI, TN0002400505, Illustration mit AI erstellt.

Union Bancaire pour le Commerce et l'Industrie (ISIN TN0002400505) generated TND 30.0 million in net profit during the first half of 2026, an increase of 9.7 percent from the year-earlier period. The result gives UBCI stock a fresh earnings anchor after the bank published interim figures for the six months ended June 30, 2026.

Income reaches TND 194.9 million

According to Business News on September 9, 2026, net banking income rose 10.9 percent to TND 194.9 million in the first half. Earnings per share increased to TND 1.501 from TND 1.368 in the first half of 2025.

The balance sheet expanded alongside income. Customer loans reached TND 4.031 billion, up 11.6 percent year over year, while customer deposits stood at TND 4.271 billion, up 8.5 percent, according to African Manager on September 10, 2026.

Credit growth meets higher risk

Prime Partners reported that UBCI's loans grew 14.7 percent over six months and deposits increased 9.2 percent in its H1 2026 review. The loans-to-deposits ratio stood at 94.4 percent, a level that leaves the bank reliant on continued deposit gathering or alternative funding for further balance-sheet expansion.

The same analysis puts UBCI's cost-to-income ratio at 64.7 percent and its cost of risk at 5.8 percent of net banking income, compared with 3.5 percent in the first half of 2025. That comparison matters because the 9.7 percent increase in net profit lagged the 10.9 percent rise in net banking income. According to Prime Partners in its October 2026 analysis, the bank's growth must continue to cover operating costs, credit risk and capital deployed.

UBCI stock stays below TND 41.80

UBCI stock was last at TND 38.970 on the Bourse de Tunis on October 5, 2026, unchanged on the session. The share's 52-week range was TND 19.80 to TND 41.80 as of October 4, 2026, while its year-to-date gain stood at 104.1 percent on October 5.

The market picture therefore combines a 9.7 percent profit increase with a balance sheet growing faster than earnings. For investors, the next read-through is whether UBCI can preserve double-digit loan growth while containing the cost of risk and lifting operating efficiency.