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Union Bank of India Ltd

UNIONBANK

Union Bank of India Ltd

UNIONBANK
FinancialsPublic Banks
MidcapWith a market cap of ₹86,404 cr, stock is ranked 124
Moderate RiskStock is 2.94x as volatile as Nifty
113.190.75% (-0.86)
113.190.75% (-0.86)

Price Chart

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Returns
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1W
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5Y
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SIP
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1D
1W
1M
1Y
5Y
Max
SIP
FinancialsPublic Banks
MidcapWith a market cap of ₹86,404 cr, stock is ranked 124
Moderate RiskStock is 2.94x 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 ₹86,404 cr, stock is ranked 124
Moderate RiskStock is 2.94x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
6.140.893.18%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
18.132.530.78%

Forecast & Ratings

Detailed Forecast 
80%
Analysts have suggested that investors can buy this stock

from 10 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.

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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 Revenue36,250.1138,246.9738,413.6539,355.3843,268.4983,618.1881,754.0797,078.531,18,188.361,21,691.53
Raw Materialssubtract1,00,409.24
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 Itemssubtract401.52-213.88-1,394.10-1,010.81-1,030.33-536.223,301.023,634.887,711.117,212.84
EPS20.508.33-56.17-19.94-12.045.837.9512.4519.0718.43
DPS1.950.000.000.000.000.001.903.003.603.00
Payout ratio0.100.000.000.000.000.000.240.240.190.16

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2021

Annual Report Unavailable

Investor Presentation

Jun 8PDF
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
 

Peers & Comparison

Comparing 3 stocks from 
FinancialsPublic Banks

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Union Bank of India Ltd6.260.893.18%
State Bank of India10.701.67
Bank of Baroda Ltd6.721.043.13%
Punjab National Bank13.251.091.37%

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
1.3052%1.51%-0.34%25/79 (-5)
ICICI Prudential Bluechip Fund - Growth - Direct Plan

Growth
0.1793%0.24%0.24%64/85 (+15)
Sundaram Mid Cap Fund - Growth - Direct Plan

Growth
0.1500%1.00%-0.06%66/90 (-6)

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
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

2 weeks 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

4 weeks 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

1 month agoCapital Market - Live

Mumbai: CBI Books Bank Manager In Graft Case

2 months agoFree Press Journal

Vedanta gets clearance from 75% secured lenders for demerger

2 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

2 months agoCapital Market - Live

Nifty PSU Bank index surges 3%; PNB soars 7% on strong Q1 results

2 months agoBusiness Standard

Karnataka High Court notice to State govt on Union Bank of India’s plea for transfer of Maharshi Valmiki Corporation’s multi-crore scam probe to CBI

2 months agoThe Hindu

High Court orders issue of notice to Karnataka government on petition to transfer Valmiki scam case to CBI

2 months agoEconomic Times

Polls, heatwave hit loan collections in Q1, asset quality declines

2 months agoEconomic Times