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Union Bank of India

(UNIONBANK)

₹116.783.49%

as on 04:01PM, 20 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals
F&O

Union Bank of India Analyst Rating

based on 9 analysts

BUY

70.00%

Buy

20.00%

Hold

10.00%

Sell

Based on 9 analysts offering long term price targets for Union Bank of India. An average target of ₹145.11

Source: S&P Global Market Intelligence

Union Bank of India Share analysis

Union Bank of India price forecast by 9 analysts

Upside of19.93%

High

₹170

Target

₹145.11

Low

₹120

Union Bank of India target price ₹145.11, a slight upside of 19.93% compared to current price of ₹116.78. According to 9 analysts rating.

Source: S&P Global Market Intelligence

Union Bank of India Performance

  • Day's Low

    Day's High

    ₹116.1
    Day's Price Range
    ₹121.63
  • 52 Week's Low

    52 Week's High

    ₹106.68
    52-Week Price Range
    ₹172.5
1 Month Return+ 5.02 %
3 Month Return-5 %
1 Year Return+ 2.07 %
Previous Close₹121.00
Open₹120.70
Volume1.25Cr
Upper Circuit-
Lower Circuit-
Market Cap₹93,794.11Cr

Union Bank of India Key Statistics

P/E Ratio5.95
PEG Ratio2
Market Cap₹93,794.11 Cr
P/B Ratio1.28
EPS17.96
Dividend Yield2.35
SectorBanks
ROE16.69

Union Bank of India Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹93,794.11 Cr21.4%NA₹13,797 Cr₹1,18,188 Cr
BUY₹93,600.05 Cr25.54%NA₹15,278 Cr₹1,39,164 Cr
HOLD₹49,146.05 Cr10.62%NA₹6,564 Cr₹67,488 Cr
HOLD₹1,18,411.79 Cr12.53%NA₹9,107 Cr₹1,23,222 Cr
BUY₹74,810.38 Cr85.69%NA₹8,419 Cr₹64,231 Cr

About Union Bank of India

Union Bank of India is a public sector bank established on 11th November 1919 with its headquarters in Mumbai, India. It is a government-owned bank and is the fifth largest bank in India in terms of assets.

Union Bank of India provides a wide range of banking and financial services to its customers. It offers a variety of products and services in the areas of retail banking, corporate banking, international banking, NRI banking, and financial services. The bank is involved in a wide range of operations such as deposits, loans, investments, insurance, debit cards, credit cards, and foreign exchange.

Some of the top products offered by Union Bank of India include savings accounts, current accounts, fixed deposits, recurring deposits, personal loans, home loans, car loans, gold loans, and business loans. The bank also offers a range of popular brands such as UBI Smart Pay, UBI Debit Card, UBI Credit Card, UBI Express Remit, and UBI Express Transfer.

Share Price: ₹116.78 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹93,794.11Cr as of today
Revenue: ₹32,812.12Cr as on September 2024 (Q3 24)
Net Profit: ₹4,750.93Cr as on September 2024 (Q3 24)
Listing date: 24 Sep, 2002
Chairperson Name: SRINIVASAN VARADARAJAN
OrganisationUnion Bank of India
Headquarters
IndustryBanks
E-voting on sharesClick here to vote

Key events for Union Bank of India

  • Union Bank Faces Major Robbery Incident - 20 Dec, 2024

    A significant robbery occurred at Union Bank of India in Surat, where thieves drilled a hole into the bank's locker room, stealing valuables worth millions. Additionally, the Delhi High Court ordered the defreezing of a street vendor's account blocked due to suspected cyber-fraud.
  • Union Bank Contributes to CGTMSE Milestone - 18 Dec, 2024

    The Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) has achieved 1 crore guarantees, with Union Bank of India being a key contributor alongside SBI and HDFC Bank.
  • Union Bank Supports Dye Makers with Funding Scheme - 16 Dec, 2024

    Union Bank of India, in collaboration with a port operator, proposes a concessional funding scheme to help dye makers invest in better machinery and grow their businesses.
  • Government's Major Bank Mergers Impact Union Bank - 04 Dec, 2024

    In December 2024, it was noted that the government had previously announced significant mergers in the banking sector, including Union Bank of India, aimed at creating larger, globally competitive state-owned banks.
  • Union Bank Prepares for RBI Liquidity Measures - 03 Dec, 2024

    Union Bank of India's chief economic advisor highlighted the RBI's planned liquidity measures on December 6 to address adverse forex outflows exceeding $25 billion.
  • Union Bank of India Projects Steady Credit Growth - 29 Nov, 2024

    Union Bank of India anticipates a credit growth of 10-11% for FY25, as stated by Non-Executive Chairman Srinivasan Varadarajan. He noted that while growth may not surge dramatically, it is expected to remain steady across the banking sector.
  • Karnataka HC Directs CBI on Union Bank Scam Probe - 22 Nov, 2024

    The Karnataka High Court has directed the CBI to investigate the Union Bank of India's involvement in a multi-crore tribal welfare fund scam, following a complaint filed by the bank.

Insights on Union Bank of India

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 31.32K Cr → 32.81K Cr (in ₹), with an average increase of 4.5% per quarter

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, UNIONBANK has outperformed top 5 stocks with highest market-cap in Banks

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 3 quarters, 3.32K Cr → 4.75K Cr (in ₹), with an average increase of 16.0% per quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 6.50% to 7.12% in Sep 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 74.76% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, ICICI Bank Ltd has given 29.4% return, outperforming this stock by 28.9%

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 3.08% to 2.97% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, UNIONBANK stock has moved down by -4.7%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 7.37% to 6.89% in Sep 2024 quarter

Union Bank of India Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹28,952.50Cr (-)₹29,801.98Cr (↑2.93%)₹31,611.58Cr (↑6.07%)₹31,325.47Cr (↓0.91%)₹32,812.12Cr (↑4.75%)
Net Income₹3,571.80Cr (-)₹3,625.39Cr (↑1.50%)₹3,328.27Cr (↓8.20%)₹3,641.78Cr (↑9.42%)₹4,750.93Cr (↑30.46%)
Net Profit Margin12.34% (-)12.16% (↓1.46%)10.53% (↓13.40%)11.63% (↑10.45%)14.48% (↑24.51%)
Value in ₹ crore
Details2021202220232024
Total Assets₹10,74,972.89Cr (-)₹11,90,790.77Cr (↑10.77%)₹12,84,343.97Cr (↑7.86%)₹13,94,745.32Cr (↑8.60%)
Total Liabilities₹10,74,972.89Cr (-)₹11,90,790.77Cr (↑10.77%)₹12,84,343.97Cr (↑7.86%)₹13,94,745.32Cr (↑8.60%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow-₹7,541.86Cr (-)₹20,442.99Cr (↓371.06%)₹36,213.89Cr (↑77.15%)₹5,984.33Cr (↓83.48%)₹20,328.70Cr (↑239.70%)

Index Inclusions

S&P BSE PSU

₹19,024.28

-2.36 (-460.51%)

Nifty Next 50

₹68,702.65

-2.72 (-1923.05%)

BSE 200

₹10,905.86

-1.89 (-210.17%)

NIFTY 100

₹24,448.85

-1.75 (-436.1%)

Nifty LargeMidcap 250

₹15,666.00

-2.09 (-334.75%)

Nifty 200

₹13,373.90

-1.94 (-264.25%)

Nifty100 Eq Weig

₹31,223.95

-2.18 (-694.7%)

S&P BSE 250 LargeMidCap

₹10,353.28

-1.89 (-199.23%)

S&P BSE Enhanced Value

₹888.67

-2.01 (-18.25%)

S&P BSE 100 LargeCap TMC

₹8,809.09

-1.77 (-158.49%)

Nifty 500

₹22,319.40

-1.9 (-432.75%)

Nifty PSU Bank

₹6,575.70

-2.65 (-179%)

BSE 500

₹35,082.25

-1.9 (-680.42%)

S&P BSE Fin. Ser

₹11,379.57

-1.62 (-187.38%)

S&P BSE Largecap

₹9,171.23

-1.78 (-165.83%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Union Bank of India Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
74.76%
0.00
Foreign Institutions
6.89%
-6.43
Mutual Funds
2.97%
-3.59
Retail Investors
7.12%
9.59
Others
8.26%
-0.47

Union Bank of India Key Indicators

Details2021202220232024
Return On Equity %6.448.3412.2216.69
Details20202021202220232024
Return On Assets %-0.560.270.440.660.99
Details20202021202220232024
Book Value Per Share (₹)89.7393.2496.57106.17120.32
Details20202021202220232024
Earning Per Share (₹)-8.884.417.6212.3317.96

Union Bank of India Valuation

Union Bank of India in the last 5 years

  • Overview

  • Trends

Lowest (-8.08x)

December 9, 2020

Today (5.95x)

December 19, 2024

Industry (15.85x)

December 19, 2024

Highest (10.62x)

December 14, 2022

LowHigh

Union Bank of India Earnings and Dividends

  • Union Bank of India Earnings Results

    Union Bank of India’s net profit jumped 33.01% since last year same period to ₹4,750.93Cr in the Q2 2024-2025. On a quarterly growth basis, Union Bank of India has generated 30.46% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Union Bank of India Dividends May,2024

    In the quarter ending March 2024, Union Bank of India has declared dividend of ₹3.60 - translating a dividend yield of 3.08%.

    Read More about Dividends

Union Bank of India Technicals Summary

Bearish

Neutral

Bullish

Bearish

Union Bank of India is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Union Bank of India

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Union Bank of India (UNIONBANK) share price today is ₹116.78

Union Bank of India is listed on NSE

Union Bank of India is listed on BSE

  • Today’s highest price of Union Bank of India is ₹121.63.
  • Today’s lowest price of Union Bank of India is ₹116.1.

PE Ratio of Union Bank of India is 5.95

PE ratio = Union Bank of India Market price per share / Union Bank of India Earnings per share

Today’s traded volume of Union Bank of India(UNIONBANK) is 1.25Cr.

Today’s market capitalisation of Union Bank of India(UNIONBANK) is ₹93794.11Cr.

Union Bank of India(UNIONBANKPrice
52 Week High
₹172.5
52 Week Low
₹106.68

Union Bank of India(UNIONBANK) share price is ₹116.78. It is down -32.30% from its 52 Week High price of ₹172.5

Union Bank of India(UNIONBANK) share price is ₹116.78. It is up 9.47% from its 52 Week Low price of ₹106.68

Union Bank of India(UNIONBANKReturns
1 Day Returns
-4.22%
1 Month Returns
5.02%
3 Month Returns
-5%
1 Year Returns
2.07%