Banks & Finance · Major Banks
Union Bank of Colombo PLC is a licensed private commercial bank listed on the Colombo Stock Exchange that provides banking and financial services across Sri Lanka to individual, SME and corporate customers.
UBC shares are down 26.1% over the past year and last closed at Rs 11.60 on Sep 30, 2026.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.0 | -2.0 | -10.3 | +6.9 | -5.0 | -4.5 | -9.5 | +6.1 | -4.1 | +0.0 | +0.0 | +0.0 |
| 2025 | +0.0 | -9.4 | -2.8 | -1.0 | +7.8 | -0.9 | +18.3 | +14.7 | +5.4 | +9.0 | -10.6 | -2.6 |
| 2024 | -3.0 | -3.1 | +0.0 | +8.5 | -2.9 | -1.0 | -6.1 | -7.6 | +11.8 | +6.3 | -3.0 | +19.4 |
| 2023 | +4.3 | +31.9 | -5.3 | +0.0 | -10.0 | +19.8 | +10.3 | +5.6 | -2.7 | -6.4 | -2.9 | +0.0 |
| 2022 | -0.9 | -9.1 | -27.0 | -17.8 | -6.7 | -1.8 | +9.1 | +10.0 | +30.3 | -10.5 | +11.7 | -19.8 |
| 2021 | +20.3 | -19.7 | -8.8 | +2.9 | +2.8 | +2.7 | +7.1 | -5.8 | -2.6 | +9.0 | -4.1 | -4.3 |
| 2020 | -6.0 | -10.4 | -25.0 | +0.0 | +0.0 | +0.0 | -1.0 | +4.1 | +8.9 | -7.3 | +8.8 | +6.3 |
| 2019 | -0.9 | +0.9 | +0.9 | +3.6 | -4.3 | +4.5 | +9.6 | +3.2 | +3.8 | -7.4 | +5.6 | +0.8 |
| 2018 | -0.8 | +6.2 | -8.0 | +10.2 | -6.4 | -0.8 | -6.2 | -3.3 | -8.5 | +4.6 | -1.8 | -0.9 |
| 2017 | -5.1 | +0.7 | -3.3 | +3.4 | +4.7 | -1.3 | -3.9 | -2.7 | -8.3 | +7.5 | -3.5 | -5.1 |
| 2016 | -16.2 | -1.2 | +0.0 | +9.5 | -6.5 | -3.5 | +0.0 | +1.8 | -0.6 | -5.3 | -0.6 | -1.3 |
| 2015 | +2.0 | +0.0 | -6.6 | +4.1 | -1.2 | -4.4 | +3.4 | -4.5 | -8.1 | +2.8 | -0.5 | -7.3 |
| 2014 | +17.5 | -10.3 | +6.9 | +15.0 | -3.3 | +3.4 | -2.8 | +0.0 | +10.0 | +1.7 | +1.3 | +6.8 |
| 2013 | +6.5 | +5.4 | +9.7 | +11.8 | +2.1 | -9.8 | +2.9 | -11.1 | -1.9 | +14.0 | -6.7 | -0.6 |
| 2012 | +0.0 | +0.0 | +0.0 | +4.6 | -29.0 | +3.8 | -1.5 | +2.3 | +24.3 | -14.2 | -8.3 | +3.8 |
| Average | +1.3 | -1.4 | -5.7 | +4.4 | -4.1 | +0.4 | +2.0 | +0.9 | +3.9 | +0.3 | -1.0 | -0.3 |
| ASPI average | +3.1 | -2.7 | -4.7 | +2.0 | +0.2 | +0.8 | +3.1 | +2.2 | +3.2 | -0.1 | +1.0 | +3.0 |
| Median | -0.4 | -1.6 | -4.3 | +4.4 | -3.8 | -0.9 | +0.0 | +1.8 | -0.6 | +2.3 | -2.3 | -0.7 |
| % up | 36% | 36% | 21% | 79% | 29% | 33% | 47% | 53% | 47% | 57% | 29% | 36% |
| Line | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Total income | Rs 9.8B +23.7% | Rs 7.9B -13.9% | Rs 9.2B +3.8% | Rs 8.8B +26.6% | Rs 7.0B +4.5% | Rs 6.7B -3.3% | Rs 6.9B +10.5% | Rs 6.3B +18.9% |
| Operating profit | Rs 2.2B +60.0% | Rs 1.4B -14.1% | Rs 1.6B +61.0% | Rs 990.5M -40.7% | Rs 1.7B +10.6% | Rs 1.5B -23.9% | Rs 2.0B +40.1% | Rs 1.4B +38.0% |
| Net profit | Rs 659.0M +119.9% | Rs 299.7M -35.4% | Rs 463.9M +9.7% | Rs 422.9M -50.3% | Rs 850.2M +36.5% | Rs 622.8M -22.6% | Rs 804.2M +50.4% | Rs 534.6M -3.0% |
| EPS | 0.60 +122.2% | 0.27 -35.7% | 0.42 +5.0% | 0.40 -48.1% | 0.77 +32.8% | 0.58 -17.1% | 0.70 +48.9% | 0.47 +0.0% |
Compared with the same period a year earlier.
Per-share figures are as reported, not adjusted for splits.
| # | Company | Price | Mkt cap | P/E | P/B | EPS | ROE | Div Yield |
|---|---|---|---|---|---|---|---|---|
| 1 | PABC.N0000 | 49.50 | Rs 21.9B | 5.5 | 0.69 | 9.05 | 13.18% | 2.02% |
| 2 | ABL.N0000 | 26.00 | Rs 14.3B | 5.8 | 0.55 | 4.50 | 9.89% | 9.43% |
| 3 | UBC.N0000 · this company | 11.60 | Rs 12.6B | 19.3 | 0.61 | 0.60 | 3.17% | 0.00% |
| 4 | CBNK.N0000 | 7.20 | Rs 8.9B | 15.0 | 0.61 | 0.48 | 4.47% | 0.00% |
| 5 | SDB.N0000 | 47.20 | Rs 7.7B | 19.1 | 0.52 | 2.47 | 2.74% | 0.00% |
| 6 | HDFC.N0000 | 64.90 | Rs 4.2B | - | 0.55 | -1.44 | -1.23% | 0.00% |
| Peer median · 5 companies | - | - | 10.4 | 0.55 | - | - | 0.00% |
Union Bank of Colombo PLC is a licensed private commercial bank listed on the Colombo Stock Exchange that provides banking and financial services across Sri Lanka to individual, SME and corporate customers. The Bank delivers retail deposit, lending and transactional services alongside SME and corporate banking solutions supported by digital platforms and branch-based channels. The Bank operates a network of branches supported by a 24-hour call centre, digital banking platforms and an ATM/CRM network, and its group includes subsidiaries National Asset Management Limited and UB Finance PLC. Major investors referenced in the report include TPG and an affiliate of CG Corp Global through Culture Financial Holdings. Union Bank pursues a digital-first strategy with a focus on expanding the Retail and SME businesses, growing fee-based revenue (including trade-related income), strengthening digital channels and maintaining disciplined risk and funding management to support balance sheet growth.
The evidence points bearish because the shares charge 19.8 rupees per rupee of trailing profit, far above bank peers. The counterweight is June profit growth of 136%.
Read the full report (Sep 22, 2026) →Higher than 62% of its last 13 months · 8 of 26 in its sector
3 articles in 30 days: 2 positive, 0 negative, 1 neutral.
Union Bank of Colombo (UBC.N0000) has modernised its credit card issuing by implementing BPC SmartVista, creating a unified, configurable payments platform to speed product launches, strengthen security, reduce third-party dependency and support portfolio growth.
Union Bank of Colombo (UBC.N0000) has implemented BPC SmartVista to modernise its credit card issuing, creating a unified, configurable payments platform and saying it expects substantial year-on-year portfolio growth. The upgrade replaces an offshore legacy environment and adds open APIs, stronger security, integrated fraud protection and faster product rollout.
Union Bank of Colombo (UBC.N0000) opened its third Leasing Hub in Matara, offering faster, one-stop leasing services to customers and aiming to grow the bank's leasing portfolio.
Union Bank of Colombo (UBC) opened its third Leasing Hub in Matara to provide faster, more convenient leasing solutions and to support growth of the bank's leasing portfolio. The hub was inaugurated by Chief Business Officer Asanka Ranhotty in the presence of customers.
Union Bank of Colombo (UBC) has partnered with Toyota Lanka to offer exclusive vehicle leasing and loan solutions via Union Bank Leasing, featuring low monthly rentals and repayment terms of up to 7 years along with value-added customer benefits.
Union Bank of Colombo has partnered with Toyota Lanka to offer exclusive vehicle leasing and loan solutions for Toyota customers, featuring low monthly rentals and extended repayment periods of up to seven years along with value-added benefits.
Union Bank CEO Dilshan Rodrigo was re-elected as Senior Vice Chairman of the Sri Lanka Institute of Directors at the institute's AGM, his second consecutive year in the role. The appointment reflects his ongoing contributions to corporate governance and the wider corporate sector in Sri Lanka.
Union Bank of Colombo (UBC.N0000) opened its second ATM/CDM in Trincomalee at Uppuveli, offering 24x7 cash deposits and withdrawals and accepting international cards; the first transaction was made by Uppuveli Beach Hotel.
Union Bank of Colombo PLC proposes a Rs. 708.4 million rights issue of up to 67,722,396 shares at Rs. 10.46 each (one new share per 16 existing) to strengthen Tier 1 capital and support loan-book expansion; subject to CSE approval and shareholder approval at an EGM.
With policy held at 8.75% amid 8.0% inflation, and Treasury and secondary bond yields rising during the window, banks face continued pressure to reprice deposits and loans while government-securities portfolios remain sensitive to yield moves. The rupee weakened and foreign investors sold rupee bonds for a second week. From 1 November, TIN verification will be required for bank accounts and credit cards, adding onboarding compliance.
Auto-generated from 45 sector news articles over 14 days. Not investment advice.