Union Bank of India Ltd
UNIONBANKUnion Bank of India Ltd
UNIONBANK
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
LowUndervalued compared to the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 6.65 | 0.96 | 2.94% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 18.47 | 2.57 | 0.77% |
Forecast & Ratings
Detailed Forecast from 10 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Union Bank of India is engaged in providing banking and financial services. The Bank offers products and services in three categories: Deposits, Loans and Advances, and Remittances and Collections.
Peers
Compare with peersState Bank of India
Bank of Baroda Ltd
Punjab National Bank
Indian Overseas Bank
Canara Bank Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Lakh cr.
All values in ₹ Lakh cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 36,250.11 | 38,246.97 | 38,413.65 | 39,355.38 | 43,268.49 | 83,618.18 | 81,754.07 | 97,078.53 | 1,18,188.36 | 1,21,691.53 | ||||||||||
Raw Materials | — | — | — | — | — | — | — | — | — | 1,00,409.24 | ||||||||||
| Power & Fuel Cost | — | — | — | — | — | — | — | — | — | |||||||||||
| Employee Cost | 3,768.05 | 3,509.40 | 3,232.17 | 3,237.23 | 3,463.85 | 9,491.02 | 10,263.67 | 12,524.00 | 14,593.23 | |||||||||||
| Selling & Administrative Expenses | 1,181.36 | 1,292.78 | 1,396.53 | 1,510.01 | 1,708.34 | 3,347.34 | 3,290.55 | 3,656.40 | 3,655.91 | |||||||||||
| Operating & Other expenses | 29,293.74 | 32,845.21 | 40,023.29 | 38,167.47 | 41,830.32 | 67,544.49 | 58,888.71 | 68,007.02 | 77,535.06 | |||||||||||
EBITDA | 2,006.96 | 599.58 | -6,238.34 | -3,559.33 | -3,734.02 | 3,235.33 | 9,311.14 | 12,891.11 | 22,404.16 | 21,282.29 | ||||||||||
| Depreciation/Amortization | 248.98 | 240.82 | 368.23 | 373.82 | 417.20 | 908.15 | 744.81 | 744.57 | 895.93 | — | ||||||||||
| PBIT | 1,757.98 | 358.76 | -6,606.57 | -3,933.15 | -4,151.22 | 2,327.18 | 8,566.33 | 12,146.54 | 21,508.23 | 21,282.29 | ||||||||||
| Interest & Other Items | — | — | — | — | — | — | — | — | — | — | ||||||||||
| PBT | 1,757.98 | 358.76 | -6,606.57 | -3,933.15 | -4,151.22 | 2,327.18 | 8,566.33 | 12,146.54 | 21,508.23 | 21,282.29 | ||||||||||
| Taxes & Other Items | 401.52 | -213.88 | -1,394.10 | -1,010.81 | -1,030.33 | -536.22 | 3,301.02 | 3,634.88 | 7,711.11 | 7,212.84 | ||||||||||
| Net Income | 1,356.46 | 572.64 | -5,212.47 | -2,922.34 | -3,120.89 | 2,863.40 | 5,265.31 | 8,511.66 | 13,797.12 | 14,069.45 | ||||||||||
| EPS | 20.50 | 8.33 | -56.17 | -19.94 | -12.04 | 5.83 | 7.95 | 12.45 | 19.07 | 18.43 | ||||||||||
| DPS | 1.95 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.90 | 3.00 | 3.60 | 3.00 | ||||||||||
| Payout ratio | 0.10 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.24 | 0.24 | 0.19 | 0.16 |
Company Updates
Investor Presentation
Peers & Comparison
FinancialsPublic Banks
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Union Bank of India Ltd | 6.78 | 0.96 | 2.94% |
| State Bank of India | 10.51 | 1.64 | — |
| Bank of Baroda Ltd | 6.50 | 1.01 | 3.23% |
| Punjab National Bank | 12.97 | 1.06 | 1.40% |
Price Comparison
Compare UNIONBANK with any stock or ETFShareholdings
Promoter Holdings Trend
Decreased Total Promoter Holding
In last 6 months, promoter holding in the company has decreased by 2.23%
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Feb 2024
Mar 2024
Jun 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Union Bank of India Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
HDFC Mid-Cap Opportunities Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.2370% | Percentage of the fund’s portfolio invested in the stock 1.54% | Change in the portfolio weight of the stock over the last 3 months -0.31% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 26/76 (-6) |
Sundaram Mid Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.1378% | Percentage of the fund’s portfolio invested in the stock 1.02% | Change in the portfolio weight of the stock over the last 3 months -0.04% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 46/87 (-2) |
Nippon India Growth Fund - Growth Option - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.1266% | Percentage of the fund’s portfolio invested in the stock 0.36% | Change in the portfolio weight of the stock over the last 3 months -0.50% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 91/103 (-23) |
Compare 3-month MF holding change on Screener
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJul 19, 2024
Dividend/Share
₹3.60
Ex DateEx Date
Jul 19, 2024
Cash Dividend
Ex DateEx DateJul 28, 2023
Dividend/Share
₹3.00
Ex DateEx Date
Jul 28, 2023
Cash Dividend
Ex DateEx DateJun 22, 2022
Dividend/Share
₹1.90
Ex DateEx Date
Jun 22, 2022
Cash Dividend
Ex DateEx DateJun 17, 2016
Dividend/Share
₹1.95
Ex DateEx Date
Jun 17, 2016
Cash Dividend
Ex DateEx DateJun 18, 2015
Dividend/Share
₹6.00
Ex DateEx Date
Jun 18, 2015
Union Bank of India gained for a third straight session today. The stock is quoting at Rs 123.91, up 3.1% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.06% on the day, quoting at 25372.35. The Sensex is at 82952.82, up 0.07%. Union Bank of India has gained around 3.1% in last one month. Meanwhile, Nifty PSU Bank index of which Union Bank of India is a constituent, has gained around 2.75% in last one month and is currently quoting at 6715.3, up 0.3% on the day. The volume in the stock stood at 229.98 lakh shares today, compared to the daily average of 89.55 lakh shares in last one month.The PE of the stock is 6.51 based on TTM earnings ending June 24.Powered by Capital Market - Live
Union Bank of India gained for a third straight session today. The stock is quoting at Rs 125.12, up 4.1% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.57% on the day, quoting at 24712.8. The Sensex is at 80888.47, up 0.58%. Union Bank of India has slipped around 8.11% in last one month. Meanwhile, Nifty PSU Bank index of which Union Bank of India is a constituent, has slipped around 4.01% in last one month and is currently quoting at 6926.15, up 1.47% on the day. The volume in the stock stood at 97.8 lakh shares today, compared to the daily average of 116.31 lakh shares in last one month.The PE of the stock is 6.51 based on TTM earnings ending June 24.Powered by Capital Market - Live
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Polls, heatwave hit loan collections in Q1, asset quality declines
We will continue to focus on retail growth, deposits and CASA: Shri Ramasubramanian S, Union Bank of India
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 24.6%, vs industry avg of 14.77%
Increasing Market Share
Over the last 5 years, market share increased from 5.94% to 8.6%