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Union Bank of India Ltd

UNIONBANK

Union Bank of India Ltd

UNIONBANK
FinancialsPublic Banks
MidcapWith a market cap of ₹89,710 cr, stock is ranked 111
Moderate RiskStock is 2.88x as volatile as Nifty
118.630.94% (+1.11)
118.630.94% (+1.11)

Price Chart

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1W
1M
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Max
SIP
FinancialsPublic Banks
MidcapWith a market cap of ₹89,710 cr, stock is ranked 111
Moderate RiskStock is 2.88x as volatile as Nifty
Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

Low

Undervalued compared to the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Good

The stock is underpriced and is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

FinancialsPublic Banks
MidcapWith a market cap of ₹89,710 cr, stock is ranked 111
Moderate RiskStock is 2.88x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
5.890.923.06%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
17.802.470.97%

Forecast & Ratings

Detailed Forecast 
78%
Analysts have suggested that investors can buy this stock

from 9 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

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

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Oct 21, 2024

PDF
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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 24.6%, vs industry avg of 14.77%

Increasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 5.94% to 8.6%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue36,250.1138,246.9738,413.6539,355.3843,268.4983,618.1881,754.0797,078.531,18,188.361,25,551.15
Raw Materialssubtract—————————1,03,355.24
Power & Fuel Costsubtract—————————
Employee Costsubtract3,768.053,509.403,232.173,237.233,463.859,491.0210,263.6712,524.0014,593.23
Selling & Administrative Expensessubtract1,181.361,292.781,396.531,510.011,708.343,347.343,290.553,656.403,655.91
Operating & Other expensessubtract29,293.7432,845.2140,023.2938,167.4741,830.3267,544.4958,888.7168,007.0277,535.06
Depreciation/Amortizationsubtract248.98240.82368.23373.82417.20908.15744.81744.57895.93—
Interest & Other Itemssubtract——————————
Taxes & Other Itemssubtract401.52-213.88-1,394.10-1,010.81-1,030.33-536.223,301.023,634.887,711.116,952.88
EPS20.508.33-56.17-19.94-12.045.837.9512.4519.0719.97
DPS1.950.000.000.000.000.001.903.003.603.60
Payout ratio0.100.000.000.000.000.000.240.240.190.18

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2022

Annual report

PDF

Investor Presentation

May 13PDF
Nov 2PDF
Jul 29PDF
FY 2023

Annual report

PDF

Investor Presentation

May 6PDF
Jan 20PDF
Oct 20PDF
Jul 26PDF
FY 2024

Annual report

PDF

Investor Presentation

Jul 31PDF
Jul 20PDF
FY 2025

Annual Report Pending

Investor Presentation

Oct 21PDF
 

Peers & Comparison

Comparing 3 stocks from 
FinancialsPublic Banks

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Union Bank of India Ltd6.500.923.06%
State Bank of India11.221.751.62%
Bank of Baroda Ltd7.071.102.97%
Punjab National Bank13.221.091.37%

Price Comparison

Compare UNIONBANK with any stock or ETF
Compare UNIONBANK with any stock or ETF
UNIONBANK
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding74.76%2.97%8.26%6.89%7.12%

Feb 2024

Mar 2024

Jun 2024

Sep 2024

Shareholding History

SepDec '23FebMarJunSep2.88%3.97%6.01%6.76%7.37%6.89%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

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)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
HDFC Mid-Cap Opportunities Fund - Growth - Direct Plan

Growth
1.2480%1.49%-0.22%24/79 (-4)
ICICI Prudential Bluechip Fund - Growth - Direct Plan

Growth
0.3067%0.43%0.43%62/90 (+19)
Sundaram Mid Cap Fund - Growth - Direct Plan

Growth
0.1612%1.17%0.16%60/88 (+2)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

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

Final
Final | Div/Share: ₹3.60

Dividend/Share

₹3.60

Ex DateEx Date

Jul 19, 2024

Cash Dividend

Ex DateEx DateJul 28, 2023

Final
Final | Div/Share: ₹3.00

Dividend/Share

₹3.00

Ex DateEx Date

Jul 28, 2023

Cash Dividend

Ex DateEx DateJun 22, 2022

Final
Final | Div/Share: ₹1.90

Dividend/Share

₹1.90

Ex DateEx Date

Jun 22, 2022

Cash Dividend

Ex DateEx DateJun 17, 2016

Final
Final | Div/Share: ₹1.95

Dividend/Share

₹1.95

Ex DateEx Date

Jun 17, 2016

Cash Dividend

Ex DateEx DateJun 18, 2015

Final
Final | Div/Share: ₹6.00

Dividend/Share

₹6.00

Ex DateEx Date

Jun 18, 2015

News & Opinions
Live Market Update
Market trade lower; PSU Bank shares tumbles for 2nd day

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

2 weeks agoCapital Market - Live
Spotlight
Union Bank of India Q2 PAT climbs 34% YoY to Rs 4,720-cr

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

2 weeks agoCapital Market - Live
Earnings
Union Bank of India consolidated net profit rises 33.01% in the September 2024 quarter

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

2 weeks agoCapital Market - Live
Corporate
Union Bank of India to declare Quarterly Result

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

3 weeks agoCapital Market - Live
Spotlight
Union Bank of India slips for fifth straight session

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

1 month agoCapital Market - Live
Spotlight
Union Bank of India up for third straight session

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

1 month agoCapital Market - Live
Spotlight
Union Bank of India gains for third consecutive session

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

2 months agoCapital Market - Live

Mumbai: CBI Books Bank Manager In Graft Case

3 months agoFree Press Journal

Vedanta gets clearance from 75% secured lenders for demerger

3 months agoEconomic Times
Corporate
Union Bank of India announces cessation of director

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

3 months agoCapital Market - Live