Professional
Added to YB: 2024-10-24
Pitch date: 2024-10-23
UBLS.L [bullish]
United Bank Limited
Author Info
Merion Road Capital is a fund in Miami focused on value-oriented investing through rigorous fundamental analysis of a company's operations. Follow on Twitter/X.
Company Info
United Bank Limited provides commercial banking and related services in Pakistan, Europe, and the Middle East.
Market Cap
$359.9B
Pitch Price
$5.20
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
5.78
EV/Sales
N/A
Sector
Banks
Category
special_situation
Merion Road Capital Portfolio Holding: United Bank Limited
UBLS.L: Q2 mixed. Treasury's ECIP disposition guidelines: UBAB can buyback $124mm preferred at 7-28% of principal or via nonprofit at 0.5%. Potential $0.6mm vs $25mm repurchase. Guideline proposal; buyback years away. Long-term investment return boost possible.
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