UIB stock: UIB reports 16 percent operating-profit rise for UIB stock

UIB (ISIN TN0003900107) reported nine-month net banking income of TND 419.246 million for the period ended September 2026, up from TND 388.445 million a year earlier. The latest figures also put operating profit at TND 200 million on a restated basis, an increase of 16.00 percent, according to Challenges TN on October 21, 2026.

Efficiency strengthens through September

The revenue and cost figures point to a wider operating spread. Net banking income rose 7.90 percent year over year, while operating expenses increased 2.20 percent to TND 219.707 million for the same nine-month period, according to Managers on October 20, 2026.

The improvement was not driven by one income line alone. Interest margin increased 5.00 percent to TND 225.050 million, commissions rose 2.80 percent to TND 117.669 million, and securities-portfolio income advanced 28.10 percent to TND 76.527 million for the nine months ended September 2026, Managers reported.

What does the 49.60 percent ratio mean?

The adjusted operating-cost ratio fell to 49.60 percent from 55.40 percent on a published basis, while the unadjusted ratio stood at 52.40 percent. That comparison makes cost control the clearest operating theme in the September 2026 figures, although the adjusted measure reflects the impact of Tunisia's 2024-41 commercial-code law, as ilBoursa reported on October 19, 2026.

Three dates shape the story

On October 14, 2026, UIB appointed Abdelkrim Hajjaji as non-executive chair after approval from the Central Bank of Tunisia, according to Business News. On October 19, 2026, the bank reported TND 419.246 million in nine-month net banking income. On October 21, 2026, the reported restated operating-profit increase reached 16.00 percent.

UIB enters a governance transition

Hajjaji brings more than 35 years of banking, finance and technology experience, including senior responsibilities at Banco Santander Corporate and Investment Banking in London through September 2026. His appointment adds a governance angle to the operating figures, while the bank's nine-month net credit balance reached TND 6,517.326 million and customer deposits stood at TND 7,048.237 million, according to Managers.

Efficiency is the key investor metric

UIB's September 2026 report combines 7.90 percent growth in net banking income with a 2.20 percent rise in operating expenses. The resulting 49.60 percent adjusted cost ratio gives investors a concrete measure for judging whether the bank can preserve its improved operating leverage.

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