CSE filing·Sep 24, 2026
RECONSTITUTION OF BOARD SUB-COMMITTEESBanks & Finance · Finance/Rental/Leasing
UB Finance PLC is a licensed finance company in Sri Lanka providing asset-backed financing to retail and SME customers. The company is licensed by the Monetary Board of the Central Bank of Sri Lanka and offers a range of secured lending and deposit products.
UBF shares are down 25.9% over the past year and last closed at Rs 2.00 on Sep 30, 2026.
Rs 2.00
+0.00%Price history
-25.93%
Monthly seasonality
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +3.1 | -9.1 | -10.0 | +7.4 | -3.4 | -10.7 | -20.0 | +15.0 | -13.0 | +0.0 | +0.0 | +0.0 |
| 2025 | +14.3 | -12.5 | +0.0 | +0.0 | +0.0 | +71.4 | +8.3 | +7.7 | +78.6 | +48.0 | -10.8 | -3.0 |
| 2024 | -14.3 | +0.0 | +33.3 | -12.5 | +3.4 | +0.0 | -14.3 | +0.0 | +16.7 | +0.0 | +0.0 | +0.0 |
| 2023 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | +0.0 | -20.0 | +0.0 | +0.0 | -12.5 |
| Average | +1.0 | -7.2 | +7.8 | -1.7 | +0.0 | +20.2 | -8.7 | +7.6 | +15.5 | +16.0 | -3.6 | -5.2 |
| 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 | +3.1 | -9.1 | +0.0 | +0.0 | +0.0 | +0.0 | -14.3 | +7.7 | +1.8 | +0.0 | +0.0 | -3.0 |
| % up | 67% | 0% | 33% | 33% | 33% | 33% | 33% | 67% | 50% | 33% | 0% | 0% |
P/E
57.1
P/B
1.96
EPS
Rs 0.04
Div Yield
0.00%
Market Cap
Rs 6.4B
Beta
1.41
ROE
3.5%
Op Margin
20.0% (+2.0pp)
Fundamentals
| Line | FY2026 | FY2025 | FY2024 | FY2023 |
|---|---|---|---|---|
| Total income | Rs 1.5B +39.9% | Rs 1.1B +23.9% | Rs 883.5M +5.1% | Rs 840.4M |
| Operating profit | Rs 423.8M +133.2% | Rs 181.7M +30.5% | Rs 139.2M | Rs -73.8M |
| Net profit | Rs 111.8M +179.5% | Rs 40.0M +2,616.6% | Rs 1.5M turned profitable | Rs -113.5M |
| EPS | 0.04 +169.2% | 0.01 +1,200.0% | 0.0010 | -0.04 |
Compared with the same period a year earlier.
Parent company only. Subsidiaries are not included.
Per-share figures are as reported, not adjusted for splits.
Recent dividends
No dividend records.
Peer comparison7 peers in Banks & Finance
| # | Company | Price | Mkt cap | P/E | P/B | EPS | ROE | Div Yield |
|---|---|---|---|---|---|---|---|---|
| 1 | CALF.N0000 | 120.75 | Rs 14.2B | 49.9 | 4.87 | 2.42 | 9.76% | 0.00% |
| 2 | SFIN.N0000 | 46.40 | Rs 12.9B | 7.6 | 1.31 | 6.07 | 17.69% | 2.16% |
| 3 | MERC.N0000 | 20.20 | Rs 12.8B | 8.9 | 0.74 | 2.26 | 7.83% | 0.82% |
| 4 | ALLI.N0000 | 303.50 | Rs 10.2B | 4.6 | 0.87 | 65.87 | 19.54% | 3.29% |
| 5 | SEMB.N0000 | 1.10 | Rs 8.0B | 55.0 | 2.70 | 0.02 | 4.20% | 0.00% |
| 6 | UBF.N0000 · this company | 2.00 | Rs 6.4B | 57.1 | 1.96 | 0.04 | 3.47% | 0.00% |
| 7 | AFSL.N0000 | 83.20 | Rs 6.1B | 7.2 | 1.43 | 11.63 | 20.63% | 3.27% |
| 8 | BFN.N0000 | 27.80 | Rs 5.9B | 13.5 | 1.43 | 2.05 | 1.79% | 0.00% |
| Peer median · 7 companies | - | - | 8.9 | 1.43 | - | - | 0.82% |
CALF.N0000
Rs 120.75
P/E
49.9
P/B
4.87
ROE
9.76%
Yield
0.00%
SFIN.N0000
Rs 46.40
P/E
7.6
P/B
1.31
ROE
17.69%
Yield
2.16%
MERC.N0000
Rs 20.20
P/E
8.9
P/B
0.74
ROE
7.83%
Yield
0.82%
ALLI.N0000
Rs 303.50
P/E
4.6
P/B
0.87
ROE
19.54%
Yield
3.29%
SEMB.N0000
Rs 1.10
P/E
55.0
P/B
2.70
ROE
4.20%
Yield
0.00%
UBF.N0000 · this company
Rs 2.00
P/E
57.1
P/B
1.96
ROE
3.47%
Yield
0.00%
AFSL.N0000
Rs 83.20
P/E
7.2
P/B
1.43
ROE
20.63%
Yield
3.27%
BFN.N0000
Rs 27.80
P/E
13.5
P/B
1.43
ROE
1.79%
Yield
0.00%
Peer median · 7 companies
P/E 8.9P/B 1.43Yield 0.82%
About UB Finance PLC
UB Finance PLC is a licensed finance company in Sri Lanka providing asset-backed financing to retail and SME customers. The company is licensed by the Monetary Board of the Central Bank of Sri Lanka and offers a range of secured lending and deposit products. Its core activities include secured retail and SME lending, leasing, mortgage and real estate financing, and gold-backed loan solutions, supported by a deposit-taking business and fee-based services. The company has emphasised credit recovery, portfolio quality, and digital transformation, and has implemented governance and IT arrangements in coordination with its parent, Union Bank of Colombo PLC (UBC), and external technology partners. UB Finance operates within Sri Lanka and focuses on serving retail and small-to-medium enterprise segments through branch and digital channels, while maintaining regulatory compliance under the Finance Business Act and related Central Bank directives.
AI analysis
bearishEvidence points bearish because UBF trades at 57.1 times earnings, far above finance peers. The counterpoint is quarterly profit growth of 245.3%.
Read the full report (Sep 24, 2026) →News sentiment
Describes news flow, not a forecastLast 30 days
Not enough news to read
1 article in 30 days: 0 positive, 0 negative, 1 neutral.
24 months positive negative 3-month net
Recent news
Daily FT·Sep 4, 2026·Market commentary
CSE ends 0.33% on the up, rebounds on easing T-Bill yieldsThe Colombo ASPI rose 0.33% (69.47 pts) to 21,395.11 as investor sentiment improved after weekly T‑Bill yields fell; turnover was over Rs.2.4bn and foreign investors were net buyers of Rs.68.3mn. Top positive contributors included CINS, HAYC, RCL, DIPD and AEL, while JKH, BIL, BREW, HNB and CARS weighed on the index.
Interest Rates
Daily FT·Aug 3, 2026·Earnings & resultsPositive
Union Bank posts Rs. 881 m PBT in 1HUnion Bank of Colombo (UBC.N0000) reported 1H 2026 PBT of Rs. 881 million, up 84% y/y, and PAT of Rs. 587 million, up 134%; gross income rose 19% to Rs. 10,139m and total assets grew 15% to Rs. 199,283m.
Ada Derana·Jul 31, 2026·Earnings & resultsPositive
Union Bank Posts LKR 881 Mn PBT in 1H 2026Union Bank of Colombo reported PBT of LKR 881 Mn in 1H 2026 (up 84% YoY) and PAT of LKR 587 Mn (up 134% YoY). Group PBT was LKR 997 Mn, total assets rose 15% to LKR 199,283 Mn, and income included LKR 249 Mn from sale of shares in subsidiary UB Finance.
Daily FT·Jul 22, 2026·Market commentary
Mixed investor sentiments at Colombo stock marketASPI fell 0.29% to 21,145.73 while the S&P SL20 rose 0.03% to 5,945.01; turnover exceeded Rs.3.2bn with foreign net inflow of Rs.79.8mn and a Rs.2.3bn crossing in Cargills driving volume. Negative contributors included CINS, COMB, RICH, CARS and HARI; Melstacorp, NTB and HNB were also active.
Consumer Staples (FMCG)
Daily FT·Jul 18, 2026·Market commentary
CSE down 1.66% during week, turnover down to 65-week lowColombo's ASPI fell 1.7% this week while turnover hit a 65-week low of about Rs. 722.64 million; top drags on the index included John Keells (JKH), PKME and NDB. Banking led turnover (notably Sampath Bank) and activity was concentrated in capital goods, food & beverage and energy names.
Daily FT·Jul 10, 2026·Other
SMEs' tax under-reporting locking them out of finance: Union Bank CEOUnion Bank CEO Dilshan Rodrigo said SMEs are understating revenues and profits—banks often reconstruct financials and find turnover about 40% higher—hindering cash-flow lending. He urged stronger audit standards, independent SME credit ratings and deeper capital markets for long-term SME finance.
Daily FT·Jul 1, 2026·Market commentary
CSE opens week down 0.65%Colombo market opened down 0.65% as the ASPI fell 146.53 points to 22,263.28 with turnover over Rs.1.7bn and foreign net outflow of Rs.466.1m; Windforce, CIC and Hayleys were main negative contributors while Windforce, Colombo Dockyard and Sathosa Motors led turnover.
Daily FT·Jun 27, 2026·Market commentary
CSE up 0.21% during weekColombo bourse finished the week higher, with the ASPI up 0.21% and the S&P SL20 up 0.51%; yesterday ASPI closed at 22,409.81 and the S&P SL20 at 6,247.42. Turnover topped Rs.1.9bn with foreign net inflow of Rs.9.3m; COCR, PKME and SIL led turnover while ACL fell and Hayleys, HNB Finance, Lanka Realty and CIC posted gains.
Daily FT·Jun 16, 2026·Credit rating actionNegative
Fitch: Higher gold-loan risk weights to have manageable impact on lenders’ capitalFitch says Sri Lanka's central bank tighter capital rules for gold-backed loans (10% risk weight for LTV<70% from 1 Sep) will be manageable for banks but hit finance companies harder; Asia Asset Finance, L B Finance, UB Finance, HNB Finance and MBSL face the largest capital impacts.
Gold & Pawning
Banks & Finance sector: what is happening
Last 14 days to Sep 30, 2026With 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.
The stories behind it
Auto-generated from 45 sector news articles over 14 days. Not investment advice.