Union Bank of India Ltd
UNIONBANKUnion Bank of India Ltd
UNIONBANKPrice 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 |
---|---|---|
5.89 | 0.92 | 3.06% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
17.80 | 2.47 | 0.97% |
Forecast & Ratings
Detailed Forecast from 9 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.
Investor Presentation
View olderÂPeers
Compare with peersÂState 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 | 1,25,551.15 | ||||||||||
Raw Materials | — | — | — | — | — | — | — | — | — | 1,03,355.24 | ||||||||||
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 | 22,195.91 | ||||||||||
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 | 22,195.91 | ||||||||||
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 | 22,195.91 | ||||||||||
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 | 6,952.88 | ||||||||||
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 | 15,243.03 | ||||||||||
EPS | 20.50 | 8.33 | -56.17 | -19.94 | -12.04 | 5.83 | 7.95 | 12.45 | 19.07 | 19.97 | ||||||||||
DPS | 1.95 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.90 | 3.00 | 3.60 | 3.60 | ||||||||||
Payout ratio | 0.10 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.24 | 0.24 | 0.19 | 0.18 |
Company Updates
Investor Presentation
Peers & Comparison
FinancialsPublic Banks
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Union Bank of India Ltd | 6.50 | 0.92 | 3.06% |
State Bank of India | 11.22 | 1.75 | 1.62% |
Bank of Baroda Ltd | 7.07 | 1.10 | 2.97% |
Punjab National Bank | 13.22 | 1.09 | 1.37% |
Price Comparison
Compare UNIONBANK with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
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
Feb 2024
Mar 2024
Jun 2024
Sep 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 1.2480% | Percentage of the fund’s portfolio invested in the stock 1.49% | Change in the portfolio weight of the stock over the last 3 months -0.22% | 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 24/79 (-4) |
ICICI Prudential Bluechip Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.3067% | Percentage of the fund’s portfolio invested in the stock 0.43% | Change in the portfolio weight of the stock over the last 3 months 0.43% | 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 62/90 (+19) |
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 0.1612% | Percentage of the fund’s portfolio invested in the stock 1.17% | Change in the portfolio weight of the stock over the last 3 months 0.16% | 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 60/88 (+2) |
Compare 3-month MF holding change on Screener
smallcases
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
The key equity indices traded with moderate losses in mid-morning trade. The Nifty traded below the 24,700 level. PSU bank shares extended losses for second consecutive trading session. At 11:26 IST, the barometer index, the S&P BSE Sensex, declined 245.69 points or 0.30% to 80,905.58. The Nifty 50 index fell 88.65 points or 0.36% to 24,692.45. In the broader market, the S&P BSE Mid-Cap index dropped 1.24% and the S&P BSE Small-Cap index tumbled 2.17%. The market breadth was weak. On the BSE, 770 shares rose and 2,994 shares fell. A total of 104 shares were unchanged. IPO Update: The initial public offer (IPO) of Deepak Builders & Engineers India received bids for 5,77,59,133 shares as against 89,67,061 shares on offer, according to stock exchange data at 11:18 IST on Tuesday (22 October 2024). The issue was subscribed 6.44 times. The issue opened for bidding on Monday (21 October 2024) and it will close on Wednesday (23 October 2024). The price band of the IPO is fixed between Rs 192 to Rs 203 per share. An investor can bid for a minimum of 73 equity shares and in multiples thereof. The initial public offer (IPO) of Waaree Energies received bids for 10,45,57,221 shares as against 2,10,79,384 shares on offer, according to stock exchange data at 11:18 IST on Tuesday (22 October 2024). The issue was subscribed 4.96 times. The issue opened for bidding on Monday (21 October 2024) and it will close on Wednesday (23 October 2024). The price band of the IPO is fixed between Rs 1,427 to Rs 1,503 per share. An investor can bid for a minimum of 9 equity shares and in multiples thereof. Buzzing Index: Nifty PSU Bank index declined 1.79% to Rs 6,481.55. The index fell 2.84% in two consecutive trading sessions. Indian Overseas Bank (down 3.78%), Central Bank of India (down 3.74%), Punjab & Sind Bank (down 3.43%), UCO Bank (down 3.41%) and Bank of Maharashtra (down 3.24%) were the top losers. Among the other losers were Bank of India (down 3.07%), Punjab National Bank (down 2.93%), Bank of Baroda (down 2.07%), Canara Bank (down 2%) and Indian Bank (down 1.9%) declined. Stock in Spotlight: Union Bank of India fell 1.07%. The company'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
Net interest income (NII) of the bank decrease marginally Rs 9,047 crore in Q2 FY25 as against Rs 9,126 crore in Q2 FY24. Net interest margin (NIM) for Q2 FY25 was 2.90% as against 3.18% in Q2 FY24. Operating profit improved by 12.35% to Rs 8,113 crore in Q2 FY25 from Rs 7,221 crore in Q2 FY24. Total provisions stood at Rs 3,393 crore in Q2 FY25, down 8.52% YoY and up 17.36% QoQ. Gross NPA of the bank amounted to Rs 40,499 crore as on 30 September 2024 as against Rs 54,012 crore as on 30 September 2024. Gross NPA ratio reduced by 202 basis points (bps) on YoY basis to 4.36% and net NPA ratio reduced by 32 bps on YoY basis to 0.98% as on 30 September 2024. Deposits of the bank increased by 9.17% YoY to Rs 12,41,947 crore while global advances rose by 9.63% YoY to Rs 9,28,832 crore as on 30 September 2024. The bank's return on assets & return on equity stood at 1.35% and 19.10%, respectively, during Q2 FY25. CRAR improved from 16.69 % as on 30 September 2023 to 17.13% as on 30 September 2024. CET-1 ratio improved to 13.88% as on 30 September 2024 from 13.05% as on 30 September 2023. 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. As on 30 June 2024, the bank has 8,473 branches including foreign branches and 9,342 ATMs. Shares of Union Bank of India shed 0.85% to Rs 110.70 on the BSE.Powered by Capital Market - Live
Net profit of Union Bank of India rose 33.01% to Rs 4750.93 crore in the quarter ended September 2024 as against Rs 3571.80 crore during the previous quarter ended September 2023. Total Operating Income rose 8.71% to Rs 26886.58 crore in the quarter ended September 2024 as against Rs 24731.59 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Total Operating Income26886.5824731.59 9 OPM %67.6967.81 - PBDT6405.895492.27 17 PBT6405.895492.27 17 NP4750.933571.80 33 Powered by Capital Market - Live
Union Bank of India will hold a meeting of the Board of Directors of the Company on 21 October 2024.Powered by Capital Market - Live
Union Bank of India is down for a fifth straight session today. The stock is quoting at Rs 122.7, down 0.66% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.2% on the day, quoting at 25865.55. The Sensex is at 84467.06, down 1.29%.Union Bank of India has added around 0.23% in last one month.Meanwhile, Nifty PSU Bank index of which Union Bank of India is a constituent, has eased around 3.23% in last one month and is currently quoting at 6853.75, down 0.87% on the day. The volume in the stock stood at 60.56 lakh shares today, compared to the daily average of 112.55 lakh shares in last one month.The PE of the stock is 6.68 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 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
Mumbai: CBI Books Bank Manager In Graft Case
Vedanta gets clearance from 75% secured lenders for demerger
Union Bank of India announced that Priti Jay Rao, Shareholder Director of the Bank has completed her tenure on 28 July 2024 and ceased to be Director of the Bank. Powered by Capital Market - Live
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%