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United Bankers

21.30 EUR-2.74 %7.10, 17.29
4,519 following

UNITED

NASDAQ Helsinki

Financial Services

Financials

Overview
Financials & Estimates
Dividend
Investor views
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-2.74 %
-13.06 %
-0.93 %
+13.30 %
+11.81 %
+17.36 %
+50.00 %
+59.55 %
+206.03 %

United Bankers is a Finnish expert on wealth management and investment markets, established in 1986. It is one of the oldest non-bank asset managers in Finland. The Group's wealth management business includes funds, discretionary portfolio management, and structured investment products. In its funds, United Bankers specialises in real asset investment solutions, focusing on forest, real estate, infrastructure, and renewable energy. The company also provides capital markets services. United Bankers' headquarters is located in Helsinki.

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Market cap
238.31M EUR
Turnover
70.96K EUR
P/E (adj.) (26e)
15.94
EV/EBIT (adj.) (26e)
11.67
P/B (26e)
3.72
EV/S (26e)
3.53
Dividend yield-% (26e)
5.63 %
Coverage
Recommendation
Sell
Target price
21.00 EUR
Updated
05.08.2026
Disclaimer
Sauli Vilén
Sauli Vilén

Analyst

Latest research

Latest analysis report

Released: 21.08.2026

Latest extensive report

Released: 16.03.2026

Revenue and EBIT-%
EPS and dividend
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Valuation risk
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Forum discussions
Indeed, UB made a fairly decent-sized deal by acquiring Fondita! Here is my morning comment Inderes – 25 May 26 United Bankers jatkaa yritysostostrategiaansa ostamalla Fonditan - Inderes Yrityosto täydentää UB:n tarjontaa, ja Fonditan päätyminen UB:lle oli meille yllätys. Fondita...
5/25/2026, 5:56 PM
by Sauli Vilen
11
Inderes Sisäpiiritieto: United Bankers Oyj ostaa Fondita Rahastoyhtiö Oy:n - Inderes United Bankers Oyj SISÄPIIRITIETO 22.5.2026 kello 22.00 Sisäpiiritieto: United Bankers Oyj ostaa Fondita Rahastoyhtiö Oy:nUnited Bankers Oyj ("United Bankers", "Yhtiö") on sopinut tänään 22.... A...
5/22/2026, 7:03 PM
by TJT
10
Personally, I haven’t been able to come up with any rational reason for this stock price rally. The company’s H1 has been, at best, mediocre, with new sales remaining sluggish. Sure, performance fees are pouring in thanks to the stellar performance of UB Metsä, but that doesn’t justify...
8/6/2026, 5:42 AM
by Sauli Vilen
9
In my opinion, the UB share price is starting to show signs of a bubble Almost a 50 percent increase in a year + dividend. Based on Inderes’ forecasts, the P/E for the current year is already over 21 and will remain high, above the 17 level next year as well. It’s hard to justify...
7/29/2026, 11:09 AM
by Big Lynx
6
United Bankers’ CEO John Ojanperä was there to talk about their company, United Bankers, as an investment.
9/7/2026, 11:44 AM
by Sijoittaja-alokas
2
Sale I will be hosting the UB earnings live stream, which starts at 8:50 Inderes United Bankers H1'26 -tuloslive to 20.8 klo 8:50 - Inderes Aika: 20.08.2026 klo 08.50 Analyytikko Sauli Vilén käy läpi United Bankersin H1-tulosta livessä torstaina 20.8. noin kello 8:50 alkaen.
8/20/2026, 4:52 AM
by Sijoittaja-alokas
2
Salo had UB’s CEO John Ojanperä in the hot seat Topics: 00:00 Introduction 00:04 Current status/Check-in 01:22 Fondita 02:49 Integration 04:50 International acquisitions 06:43 Fee distribution 08:44 Alternatives 10:10 Asset management sales 12:30 Market situation 14:37 International...
8/20/2026, 5:19 PM
by Sijoittaja-alokas
1
Read more on our forum
Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Press release07.10.2026, 13.30

United Bankers strengthens its international growth resources – Timo Ronkainen to lead international operations

United Bankers
Regulatory press release07.10.2026, 09.00

United Bankers Plc: Notification of Manager’s Transactions – InterFagervik AB

United Bankers
Regulatory press release06.10.2026, 11.30

United Bankers Plc: Notification of Manager’s Transactions – Jarafi Oy

United Bankers

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Regulatory press release05.10.2026, 11.00

UNITED BANKERS PLC: ACQUISITION OF OWN SHARES on week 40

United Bankers
United Bankers to postpone redemptions of two of its real estate funds
Analyst Comment02.10.2026, 11.36 by
Sauli Vilén

United Bankers to postpone redemptions of two of its real estate funds

United Bankers is postponing redemptions from its real estate funds for the first time, as UB Nordic Property and UB Finnish Properties become subject to restrictions.

United Bankers
Regulatory press release28.09.2026, 11.00

UNITED BANKERS PLC: ACQUISITION OF OWN SHARES on week 39

United Bankers
Regulatory press release21.09.2026, 11.00

UNITED BANKERS PLC: ACQUISITION OF OWN SHARES on week 38

United Bankers
Analyst Comment18.09.2026, 11.07 by
Sauli Vilén, Kasper Mellas

Significant qualitative differences in asset managers' AUM

The most valuable assets under management is wealth tied up in high-quality, scalable products that generate good fees.

Aktia PankkiMandatumTaalerieQEvliAlexandria GroupCapManUnited BankersTitanium
Regulatory press release14.09.2026, 11.00

UNITED BANKERS PLC: ACQUISITION OF OWN SHARES on week 37

United Bankers
Analyst Comment10.09.2026, 09.31 by
Sauli Vilén

New sales of Finnish funds took a breather in August

Domestic fund capital rose to a new record again in August. Although new sales were sluggish in August, the new sales for the trailing 12 months exceed 10 billion euros, which is an excellent level.

United BankerseQEvliAlexandria GroupAktia Pankki
Regulatory press release08.09.2026, 12.00

Composition of United Bankers Plc's Shareholders' Nomination Board

United Bankers
Analyst Comment08.09.2026, 06.45

Børsinvestorens uge | Finans 7.9.2026

Præsentationerne fra Børsinvestorens uges Finansieringstema kan ses på inderesTV.

SampoMandatumUnited BankersAlexandria GroupCapManAktia PankkieQArvo SijoitusosuuskuntaTaaleri
Regulatory press release07.09.2026, 11.00

UNITED BANKERS PLC: ACQUISITION OF OWN SHARES on week 36

United Bankers
Analyst Comment03.09.2026, 08.42 by
Sauli Vilén, Kasper Mellas

Decent start for asset managers, with earnings growth set to accelerate in H2

The early-year performance of asset managers was moderate, and earnings growth should accelerate clearly in the second half of the year, driven by a strong market.

Alexandria GroupTaaleriMandatumAktia PankkieQEvliTitaniumUnited BankersCapMan
Regulatory press release31.08.2026, 11.00

UNITED BANKERS PLC: ACQUISITION OF OWN SHARES on week 35

United Bankers
Regulatory press release24.08.2026, 11.00

UNITED BANKERS PLC: ACQUISITION OF OWN SHARES on week 34

United Bankers
Regulatory press release21.08.2026, 15.30

United Bankers Plc: Notification of Manager’s Transactions – United Andlin OU

United Bankers
United Bankers H1'26: Good business, runaway valuation
Research21.08.2026, 10.01 by
Sauli Vilén

United Bankers H1'26: Good business, runaway valuation

UB's H1 was operationally strong, and the earnings growth outlook for the coming years remains robust. However, the share valuation has severely detached from the company's fundamentals.

United Bankers
Regulatory press release20.08.2026, 08.00

United Bankers Plc’s Half-Year Financial Report 1 January – 30 June 2026: Accelerating growth with two acquisitions – pushing AUM to record levels

United Bankers
Regulatory press release17.08.2026, 11.00

UNITED BANKERS PLC: ACQUISITION OF OWN SHARES on week 33

United Bankers