Union Bank of India Ltd

Union Bank of India is up for a third straight session today. The stock is quoting at Rs 154.46, up 3.62% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.33% on the day, quoting at 25552.7. The Sensex is at 83759.31, down 0.36%. Union Bank of India has gained around 0.84% in last one month. Meanwhile, Nifty PSU Bank index of which Union Bank of India is a constituent, has gained around 0.85% in last one month and is currently quoting at 7015.5, up 2.43% on the day. The volume in the stock stood at 134.24 lakh shares today, compared to the daily average of 134.42 lakh shares in last one month. The benchmark July futures contract for the stock is quoting at Rs 155.07, up 3.26% on the day. Union Bank of India is up 14.08% in last one year as compared to a 5.84% jump in NIFTY and a 1.7% jump in the Nifty PSU Bank index.The PE of the stock is 6.33 based on TTM earnings ending March 25.Powered by Capital Market - Live

Union Bank of India announced that the 23th Annual General Meeting(AGM) of the bank will be held on 1 August 2025.Powered by Capital Market - Live

The Board of Union Bank of India at its meeting held on 25 June 2025 has approved capital plan of the Bank to raise capital by an amount not exceeding Rs 6,000 crore, subject to: a) Raising of equity capital not exceeding Rs 3,000 crore in tranche(s) within the overall limit of Rs 6,000 crore, through Public Issue (i.e. Further Public Offer) and/or Rights Issue and/or Private Placements including Qualified Institutions Placements and/or Preferential Allotment or a combination(s) thereof to any eligible institutions and/or through any other mode(s) subject to the approval of Government of India, other regulatory authorities and approval of Shareholders of the Bank. b) Raising of Basel III compliant Additional Tier 1 (AT 1) Bonds not exceeding Rs 2,000 crore and Tier 2 Bonds not exceeding Rs 1,000 crore(including foreign currency denominated AT1/Tier 2 Bonds) within the overall limit of Rs 6,000 crore.Powered by Capital Market - Live

Union Bank of India will hold a meeting of the Board of Directors of the Company on 25 June 2025.Powered by Capital Market - Live

Union Bank of India announced that A. Manimekhalai, Managing Director & Chief Executive Officer has completed her tenure on 02 June 2025 and consequently ceased to be the Director of the Bank w.e.f. 03 June 2025. Powered by Capital Market - Live

On a quarter-on-quarter (QoQ) basis, standalone net profit increased 8.28%, while total income grew 5.99% in Q4 FY25 over Q3 FY25. Net interest income (NII) rose 2.96% QoQ to Rs 9,514 crore in Q4 FY25, compared to Rs 9,240 crore in Q3 FY25. However, net interest margin (NIM) slightly declined to 2.87% from 2.91% in the previous quarter. Operating profit improved 2.78% QoQ to ₹7,700 crore in Q4 FY25 from Rs 7,492 crore in Q3 FY25. Total provisions stood at Rs 2,715 crore in Q4 FY25, down 5.99% QoQ. Gross non-performing assets (GNPA) stood at ₹35,350 crore as of 31 March 2025, down from ₹43,098 crore a year earlier. The gross NPA ratio reduced by 116 basis points (bps) YoY to 3.60%, while the net NPA ratio declined by 40 bps YoY to 0.63%. Total business grew 7.82% YoY, with gross advances rising 8.62% and total deposits increasing 7.22%. As of 31 March 2025, total business reached Rs 22,92,644 crore. Return on assets (ROA) improved to 1.35% in Q4 FY25, up from 0.97% in Q4 FY24. Return on equity (ROE) increased to 19.07% in Q4 FY25. The capital to risk-weighted assets ratio (CRAR) improved to 18.02% as of 31 March 2025, from 16.97% a year earlier. The common equity Tier 1 (CET1) ratio also rose to 14.98% from 13.65% over the same period. The bank's RAM (Retail, Agriculture, and MSME) segment grew 10.17% YoY. Within this, retail advances surged 22.14%, agricultural advances rose 12.50%, and MSME advances also posted growth. RAM advances comprised 56.20% of total domestic advances. Meanwhile, the board has recommended a dividend of Rs 4.75 per equity share of Rs 10 each for the financial year 2024'25. The payment of the dividend is subject to necessary statutory approvals and approval by the shareholders at the upcoming 23rd Annual General Meeting (AGM). 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 March 2025.Powered by Capital Market - Live

Union Bank of India announced that the Board of Directors of the Company at its meeting held on 8 May 2025, inter alia, have recommended the final dividend of Rs 4.75 per equity Share (i.e. 47.5%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Net profit of Union Bank of India rose 50.57% to Rs 5011.22 crore in the quarter ended March 2025 as against Rs 3328.27 crore during the previous quarter ended March 2024. Total Operating Income rose 5.13% to Rs 27869.00 crore in the quarter ended March 2025 as against Rs 26509.87 crore during the previous quarter ended March 2024. For the full year,net profit rose 30.66% to Rs 18026.96 crore in the year ended March 2025 as against Rs 13797.11 crore during the previous year ended March 2024. Total Operating Income rose 8.01% to Rs 108417.27 crore in the year ended March 2025 as against Rs 100375.56 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Total Operating Income27869.0026509.87 5 108417.27100375.56 8 OPM %65.2964.68 -66.9666.81 - PBDT6174.765281.20 17 23423.8821508.22 9 PBT6174.765281.20 17 23423.8821508.22 9 NP5011.223328.27 51 18026.9613797.11 31 Powered by Capital Market - Live

Union Bank of India will hold a meeting of the Board of Directors of the Company on 8 May 2025.Powered by Capital Market - Live

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