Commissions Remain the Main Driver of Financial Growth for Uzum Bank
The fintech company reported results for the first nine months of 2026
For the first three quarters of 2026, Uzum Bank's net profit reached 485.0 billion soums, showing a multiple increase—63.4 times—compared to the same period last year. The financial report data, published on the Unified Corporate Information Portal (openinfo.uz), is cited by the investment bank Cardero.
The main surge occurred in July–September: in the third quarter alone, the financial institution earned 226.9 billion soums in net profit, which is 1095.4% higher than the figure for the third quarter of 2025.
Key financial metrics
Total income grew by 145.6%, reaching 2.3 trillion soums.
Commission income remains the key business driver—over nine months, it increased 2.5 times and amounted to 1.6 trillion soums.
Assets rose to 4.5 trillion soums (+214.8% year-on-year).
Equity was recorded at 1.6 trillion soums (+112.4%).
The loan portfolio as of October 1, 2026, stood at 450 billion soums, compared to 67 billion soums a year earlier.
Meanwhile, reserves to cover potential credit losses were estimated at 12.1 billion soums, increasing by 117.1% compared to the previous year.
