- Union Bank Q4 Results: Net profit rises 7% YoY to 5,316 crore, provisions jump 3x
Union Bank Q4 Results FY26: Union Bank reported a mixed Q4 with net profit up 6.6% YoY to Rs 5,316 crore, ...More
Union Bank Q4 Results FY26: Union Bank reported a mixed Q4 with net profit up 6.6% YoY to Rs 5,316 crore, despite a 1.1% dip in net interest income. Provisions surged nearly threefold, but asset quality improved with lower NPAs. The bank recommended a Rs 5 per share dividend for FY26. ...Less

- Union Bank Q4 results: Net profit surges 50% on strong treasury gains
Union Bank of India reported a robust 50% surge in net profit for the March quarter, reaching ₹4,985 cror ...More
Union Bank of India reported a robust 50% surge in net profit for the March quarter, reaching ₹4,985 crore, driven by a significant increase in treasury gains. For FY25, net profit increased by 32% year-on-year, reaching ₹17,987 crore. While loan and deposit growth fell short of targets, the bank successfully reduced its gross non-performing assets ratio below 4%. ...Less

- Q4 results roundup: BHEL's net profit falls 33%, City Union Bank's rises 4%
On a sequential basis, net profit for the quarter rose multifold from just Rs 10 crore reported in the De ...More
On a sequential basis, net profit for the quarter rose multifold from just Rs 10 crore reported in the December quarter.Revenue from operations rose by a meager 2% to Rs 8,226 crore in the March quarter, as against Rs 8062 crore in the same quarter of last year. ...Less

- Union Bank of India shares fall 10% in two days after Q4 earnings. What's spooking investors?
Union Bank of India shares fell sharply after its Q4FY26 results disappointed brokerages despite a rise i ...More
Union Bank of India shares fell sharply after its Q4FY26 results disappointed brokerages despite a rise in net profit. Weak NII, a sharp spike in provisions and margin pressure weighed on sentiment. While asset quality improved, analysts remain cautious, citing elevated credit costs and limited upside in the near term. ...Less

- City Union Bank Q4 Results: Net profit jumps 17% YoY to Rs 254.81 crore
Private sector City Union Bank has reported a 17 per cent jump in its net profits at Rs 254.81 crore for ...More
Private sector City Union Bank has reported a 17 per cent jump in its net profits at Rs 254.81 crore for the January-March 31, 2024 quarter, based on improved recovery from slippages. ...Less

- Recovery of written-off loans helps Union Bank post 93% growth in Q4 profits
Union Bank achieved a 93% rise in net profit for Q4 ended March 2023, attributed to the growth in non-int ...More
Union Bank achieved a 93% rise in net profit for Q4 ended March 2023, attributed to the growth in non-interest income, which countered a smaller rise in interest income. The bank's net profit rose 61% for the fiscal year. According to A Manimekhalai, Union Bank's MD and CEO, there was a 62% increase in non-interest income for the quarter due to the recovery of loans written off. However, treasury profits were adversely affected by interest rate volatility. The bank's gross NPAs decreased from the previous year to 7.35%, while net NPAs were reduced to 1.7%. The bank is looking to achieve growth and increase its retail book's share to 55%. ...Less
