By
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United Bank Ltd MCB Bank
(Rs mn) 9MCY11 9MCY10 chg 9MCY11 9MCY10 chg
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Markup Earned 52,532 43,238 21% 49,614 40,241 23%
Markup Expensed (22,899) (18,025) 27% (16,691) (13,260) 26%
Net Markup Income 29,633 25,212 18% 32,923 26,981 22%
Provisioning (6,510) (6,250) 4% (2,729) (2,064) 32%
Net Markup income
after provisions 23,123 18,962 22% 30,194 24,917 21%
Other income 8,937 7,294 23% 6,077 4,591 32%
Operating revenues 38,570 32,506 19% 39,000 31,572 24%
Other expenses (15,308) (13,331) 15% (12,105) (10,145) 19%
Profit before taxation 16,752 12,925 30% 24,165 19,363 25%
Profit after taxation 10,952 8,060 36% 15,515 12,497 24%
EPS (Rs0 8.95 6.58 18.55 14.94
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Source: Companies accounts