United Finance posts 55% rise in first-half profit

United Finance PLC has reported a stellar start to the 2026 financial year, with its net profit surging by 55.48% during the first half ended 30 June. 

According to the company's financial results released on Wednesday, the non-bank financial institution earned a net profit of Tk5.03 crore in the January-June period, up from the corresponding period of the previous year.

The significant bottom-line growth pushed the company's earnings per share to Tk0.27 for the six months, compared to Tk0.17 in the first half of 2025. This robust performance was further highlighted by a 67% year-on-year increase in operating profit before provision, driven primarily by strong growth in net interest income and disciplined cost management.

In terms of business volume, United Finance recorded a steady expansion in its total portfolio, which reached Tk2, 349 crore. The company's lease, loan, and advance segment grew by 4.26%, while its deposit portfolio stood at Tk1, 465 crore – marking an 11.12% growth against December 2025. This double-digit growth in deposits reflects increasing customer confidence in the institution despite broader macroeconomic challenges.

United Finance has also positioned itself as a leader in sustainable banking. In the first half of 2026, a staggering 81% of its total disbursements were channelled into green and sustainable financing, significantly exceeding the targets mandated by the Bangladesh Bank.

On the technological front, the company's mobile app, UMA, has continued to streamline the customer journey through fully paperless services, including account opening and instant certificate downloads.

Commenting on the results, Mohammed Abul Ahsan, acting managing director of United Finance, attributed the performance to the company's "prudent risk management DNA and solid corporate governance." 

He noted that these core strengths have allowed the firm to remain resilient and perform consistently even under macroeconomic stress.