UIB stock: adjusted operating profit rose 16% through September
Published on 10/31/2026 at 00:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSUIB earnings show stronger operating leverage
- Banking income increased through September 2026, supported by interest income and securities-portfolio revenue.
- Credit growth continued while customer deposits declined and shifted toward more liquid forms.
- Cost discipline lowered the adjusted cost-income ratio below 50 percent.
UIB's adjusted operating profit rose 16 percent through September 2026, as revenue growth outpaced operating-cost growth. Challenges TN reported on October 21 that the bank's nine-month banking income reached TND 419.2 million, up 7.9 percent year over year.
Revenue growth outpaced costs
UIB's operating profit reached TND 200 million at the end of September. On a reported basis, the increase was 15 percent; after adjusting for the impact of Tunisia's 2024-41 commercial-code law, growth reached 16 percent.
Operating expenses increased 2.2 percent on an adjusted comparison, while the adjusted cost-income ratio fell to 49.6 percent from 55.4 percent on the reported comparison. The interest margin increased 5 percent, or 6.6 percent after the same adjustment.
Loans rose as deposits shifted
Net customer loans increased 3.7 percent year over year to TND 6,517.3 million. Customer deposits declined 1.2 percent to TND 7,048.2 million, with time deposits and certificates of deposit falling while demand deposits and savings increased.
Securities-portfolio revenue was the strongest reported contributor, rising 28.1 percent to TND 76.5 million. That performance benefited from returns on Tunisian government debt, while the central-bank policy rate remained at 7 percent, according to the Challenges TN report.
Banking model and competitive setting
UIB is a Tunisian commercial bank serving individuals, professionals and companies through banking, financing, savings and investment services. Its offering also includes cash-management solutions and investment products, including the Internationale Obligataire SICAV shown on the company's website.
UIB operates alongside other Tunisian banking groups such as BIAT, Amen Bank and Banque de Tunisie. Its recent figures point to a more efficient operating model, although the higher contribution from securities income leaves results exposed to changes in interest rates and government-bond returns.
UIB at a glance
- Company: Union Internationale de Banques
- ISIN: TN0003900107
- Reporting period: Nine months ended September 2026
- Banking income: TND 419.2 million, up 7.9 percent year over year
- Adjusted operating profit: TND 200 million, up 16 percent
In the broader Tunisian market, bank earnings and interest-rate expectations remain important drivers for financial stocks. See current market reports for wider market developments.
