Union Bank of India Ltd

Sequentially, domestic advances rose 3.62% in Q4 FY25 from Rs 9,12,927 crore in Q3 FY25. The bank recorded a 6.05% growth in domestic deposits to Rs 12,71,751 crore as of 31 March 2025, compared to Rs 11,99,197 crore as of 31 March 2024, and a 7.54% increase from Rs 11,82,622 crore as of 31 December 2024. Domestic CASA deposits stood at Rs 4,26,242 crore during the quarter, registering a growth of 3.94% year-on-year (YoY) and 7.84% quarter-on-quarter (QoQ). The bank's total global business as of 31 March 2025 stood at Rs 22,92,625 crore, up 7.82% YoY and 5.86% QoQ. Global gross advances gained 8.62% YoY and 3.55% QoQ to Rs 9,82,875 crore as of 31 March 2025. Global deposits stood at Rs 13,09,750 crore during the period under review, up 7.22% YoY and 7.66% QoQ. Union Bank of India is engaged in the business of treasury operations, corporate and wholesale banking, retail banking operations, and other banking operations. The Government of India held a 74.76% stake in the bank. The bank's standalone net profit jumped 28.23% to Rs 4,603.63 crore on a 7.67% increase in total income to Rs 31,374.5 crore in Q3 FY25 over Q3 FY24. Shares of Union Bank of India declined 3.81% to Rs 126.35 on the BSE.Powered by Capital Market - Live

Union Bank of India rose for a third straight session today. The stock is quoting at Rs 116.6, up 1.46% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.16% on the day, quoting at 22896.3. The Sensex is at 75716.6, down 0.29%. Union Bank of India has added around 6.45% in last one month. Meanwhile, Nifty PSU Bank index of which Union Bank of India is a constituent, has added around 4.44% in last one month and is currently quoting at 5950.9, up 1.29% on the day. The volume in the stock stood at 80.17 lakh shares today, compared to the daily average of 124.43 lakh shares in last one month. The benchmark February futures contract for the stock is quoting at Rs 116.56, up 1.47% on the day. Union Bank of India is down 19.64% in last one year as compared to a 3.81% gain in NIFTY and a 15.62% gain in the Nifty PSU Bank index.The PE of the stock is 5.38 based on TTM earnings ending December 24.Powered by Capital Market - Live

Net interest income (NII) of the bank increased marginally to Rs 9,240 crore in Q3 FY25 as against Rs 9,168 crore in Q3 FY24. Net interest margin (NIM) for Q3 FY25 was 2.91% as against 3.09% in Q3 FY24. Operating profit improved by 2.94% to Rs 7,492 crore in Q3 FY25 from Rs 7,278 crore in Q3 FY24. Total provisions stood at Rs 2,888 crore in Q2 FY25, down 21.69% YoY. Gross NPA of the bank amounted to Rs 36,554 crore as on 31 December 2024 as against Rs 43,262 crore as on 31 December 2023. The bank's gross NPA ratio improved by 98 bps on a YoY basis to 3.85%, and the net NPA ratio improved by 26 bps on a YoY basis to 0.82% as on December 31, 2024. The total business of the bank increased by 4.70% year-on-year, with gross advances grew by 5.94% and total deposits up by 3.76%. As of 31 December 2024, the bank's total business stood at Rs 21,65,726 crore. The bank's return on assets (ROA) improved by 23 basis points year-on-year to 1.30%, while the return on equity (ROE) increased by 50 basis points year-on-year to 17.75% during Q3 FY25. The capital to risk weighted assets ratio (CRAR) improved from 15.03% as of 31 December 2023 to 16.72% as of 31 December 2024. Additionally, the common equity Tier 1 (CET1) ratio increased from 11.71% as of 31 December 2023 to 13.59% as of 31 December 2024. The RAM (Retail, Agriculture, and MSME) segment of the bank grew by 9.26% year-on-year, with retail grew by 16.36%, agriculture by 4.34%, and MSME by 6.34%. RAM advances as a percentage of domestic advances stood at 56.69%. Union Bank of India is engaged in the business of treasury operations, corporate and wholesale banking, retail banking operations, and other banking operations. The Government of India held a 74.76% stake in the bank. As of 31 December 2024, the bank has 8,574 branches, including foreign branches, and 9,087 ATMs. Powered by Capital Market - Live

Net profit of Union Bank of India rose 27.52% to Rs 4623.03 crore in the quarter ended December 2024 as against Rs 3625.39 crore during the previous quarter ended December 2023. Total Operating Income rose 6.32% to Rs 27134.77 crore in the quarter ended December 2024 as against Rs 25520.92 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Total Operating Income27134.7725520.92 6 OPM %70.1668.61 - PBDT5888.745554.33 6 PBT5888.745554.33 6 NP4623.033625.39 28 Powered by Capital Market - Live

Union Bank of India will hold a meeting of the Board of Directors of the Company on 29 January 2025.Powered by Capital Market - Live

Union Bank of India will hold a meeting of the Board of Directors of the Company on 27 January 2025.Powered by Capital Market - Live

Union Bank of India is up for a third straight session today. The stock is quoting at Rs 109.97, up 3.66% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.44% on the day, quoting at 23314.5. The Sensex is at 77056.18, up 0.43%. Union Bank of India has slipped around 12.08% in last one month. Meanwhile, Nifty PSU Bank index of which Union Bank of India is a constituent, has slipped around 8.91% in last one month and is currently quoting at 6150.95, up 2.6% on the day. The volume in the stock stood at 130.84 lakh shares today, compared to the daily average of 144.77 lakh shares in last one month. The benchmark January futures contract for the stock is quoting at Rs 110.3, up 3.66% on the day. Union Bank of India is down 16.66% in last one year as compared to a 8.08% jump in NIFTY and a 8.25% jump in the Nifty PSU Bank index.The PE of the stock is 5.29 based on TTM earnings ending September 24.Powered by Capital Market - Live

Union Bank of India fell for a fifth straight session today. The stock is quoting at Rs 104.67, down 3.14% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.02% on the day, quoting at 23521.8. The Sensex is at 77676.23, up 0.07%.Union Bank of India has eased around 18.98% in last one month.Meanwhile, Nifty PSU Bank index of which Union Bank of India is a constituent, has eased around 13.2% in last one month and is currently quoting at 6255.3, down 1.63% on the day. The volume in the stock stood at 111.6 lakh shares today, compared to the daily average of 128.24 lakh shares in last one month. The benchmark January futures contract for the stock is quoting at Rs 104.48, down 3.41% on the day. Union Bank of India tumbled 15.89% in last one year as compared to a 8.66% rally in NIFTY and a 7.88% spurt in the Nifty PSU Bank index.The PE of the stock is 5.39 based on TTM earnings ending September 24.Powered by Capital Market - Live

On YoY basis, the domestic deposits rose 2.45% from Rs 11,54,325 crore as on 31 December 2023. The bank recorded 5.3% growth in domestic advances to Rs 9,12,842 crore as of 31 December 2024 as against Rs 8,66,689 crore as of 31 December 2023 and 2.06% increase from Rs 8,94,404 crore as on 30 September 2024. Domestic CASA deposits was at Rs 3,95,364 crore during the quarter, registering de-growth of 0.44% year on year (YoY) and 0.23% quarter on quarter (QoQ). The bank's total global business as on 31 Decemeber 2024 stood at Rs 21,65,632 crore, up 4.70% YoY and 0.24% QoQ. Global gross advances gained 5.93% YoY and 2.18% QoQ to Rs 9,49,070 crore as on 31 December 2024. Global deposits stood at Rs 12,16,562 crore during the period under review (up 3.76% YoY and down 2.04% QoQ). Union Bank of India is engaged in the business of treasury operations, corporate and wholesale banking, retail banking operations and other banking operations. The Government of India held 74.76% stake in the bank. The public lender's standalone net profit jumped 34.41% to Rs 4,719.74 crore on 13.27% increase in total income to Rs 32036.46 crore in Q2 FY25 over Q2 FY24. Powered by Capital Market - Live

Union Bank of India is up for a third straight session in a row. The stock is quoting at Rs 121.59, up 1.01% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.49% on the day, quoting at 23760.19921875. The Sensex is at 78588.38, up 0.58%. Union Bank of India has added around 1.55% in last one month. Meanwhile, Nifty PSU Bank index of which Union Bank of India is a constituent, has added around 3.82% in last one month and is currently quoting at 6540.7, up 0% on the day. The volume in the stock stood at 40 lakh shares today, compared to the daily average of 116.84 lakh shares in last one month. The benchmark January futures contract for the stock is quoting at Rs 122.07, up 0.95% on the day. Union Bank of India is up 0.57% in last one year as compared to a 9.67% gain in NIFTY and a 14.05% gain in the Nifty PSU Bank index.The PE of the stock is 6.01 based on TTM earnings ending September 24.Powered by Capital Market - Live