Union Bank of India Share Price – NSE /  BSE

Banks, Mid Cap

Union Bank of India fell for a fifth straight session today. The stock is quoting at Rs 170.05, down 0.25% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 1.36% on the day, quoting at 24320.85. The Sensex is at 77922.32, up 1.35%.Union Bank of India has gained around 3.56% in last one month.Meanwhile, Nifty Bank index of which Union Bank of India is a constituent, has increased around 11.53% in last one month and is currently quoting at 55400.35, up 1.22% on the day. The volume in the stock stood at 109.5 lakh shares today, compared to the daily average of 203 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 170.8, down 0.5% on the day. Union Bank of India jumped 35.2% in last one year as compared to a 0.05% slide in NIFTY and a 1.79% spurt in the Nifty Bank index.

The PE of the stock is 6.97 based on TTM earnings ending March 26.

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Net interest income (NII) slipped 1.1% to Rs 9,406 crore in the March 2026 quarter, compared to Rs 9,514 crore in the March 2025 quarter. For Q4 FY26, the net interest margin (NIM) was 2.64%, down from 2.87% in the corresponding period last year.

The bank reported a 6.6% rise in net profit to Rs 5,315.76 crore despite a 2.75% decline in total income to Rs 31,851.15 crore in Q4 FY26 over Q4 FY25.

Provisions and contingencies dropped by 31.67% to Rs 1,054.98 crore in Q4 FY26 from Rs 1,543.92 crore in Q4 FY25.

On the asset quality front, the gross NPA ratio declined to 2.82% as of 31 March 2026 from 3.60% a year ago. The net NPA ratio fell 15 basis points to 0.48% from 0.63% over the same period.

Total business grew 5.78% YoY, with gross advances rising 9.74% and total deposits increasing 2.72%. The bank?s total business stood at Rs 23,85,502 crore as of 31 March 2026.

Global deposits rose 2.72% YoY. The bank now has a total deposit base of Rs 13,06,891 crore as of 31 March 2026. The RAM segment of the bank grew 12.56% YoY, with retail advances rising 16.75% and MSME advances increasing 18.75% YoY. RAM advances as a percentage of domestic advances stood at 57.49%.

The CRAR stood at 18.10% as of 31 March 2026, while the CET-1 ratio improved to 15.69% from 14.98% a year ago.

The bank?s return on assets (ROA) and return on equity (ROE) stood at 1.25% and 15.86%, respectively, during FY26.

Meanwhile, the board has recommended a dividend of Rs 5 per equity share (face value Rs 10) for FY26, subject to shareholder approval at the ensuing AGM. The record date and AGM details will be announced in due course.

Union Bank of India is one of the leading public sector banks in the country. The Government of India holds 74.76% of the bank's total paid-up capital.

Net profit of Union Bank of India rose 9.83% to Rs 5503.61 crore in the quarter ended March 2026 as against Rs 5011.22 crore during the previous quarter ended March 2025. Total Operating Income declined 4.28% to Rs 26675.95 crore in the quarter ended March 2026 as against Rs 27869.00 crore during the previous quarter ended March 2025.

For the full year,net profit rose 7.78% to Rs 19430.20 crore in the year ended March 2026 as against Rs 18026.96 crore during the previous year ended March 2025. Total Operating Income rose 0.19% to Rs 106798.89 crore in the year ended March 2026 as against Rs 106600.24 crore during the previous year ended March 2025.

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Union Bank of India will hold a meeting of the Board of Directors of the Company on 23 April 2026.