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Union Bank of India

BSE:532477
Snowflake Description

High growth potential with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
532477
BSE
₹101B
Market Cap
  1. Home
  2. IN
  3. Banks
Company description

Union Bank of India provides various banking and financial services in India. The last earnings update was 319 days ago. More info.


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532477 Share Price and Events
7 Day Returns
4.6%
BSE:532477
0.7%
IN Banks
-0.3%
IN Market
1 Year Returns
-3.7%
BSE:532477
17.8%
IN Banks
3.3%
IN Market
532477 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Union Bank of India (532477) 4.6% 23.2% 5.7% -3.7% -29.6% -36.1%
IN Banks 0.7% 9.9% 7.8% 17.8% 58.1% 67.8%
IN Market -0.3% 6.1% 3.7% 3.3% 42.8% 75.4%
1 Year Return vs Industry and Market
  • 532477 underperformed the Banks industry which returned 17.8% over the past year.
  • 532477 underperformed the Market in India which returned 3.3% over the past year.
Price Volatility
532477
Industry
5yr Volatility vs Market

Value

 Is Union Bank of India undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Union Bank of India. This is due to cash flow or dividend data being unavailable. The share price is ₹87.65.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Union Bank of India's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Union Bank of India's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:532477 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-03-31) in INR ₹-68.98
BSE:532477 Share Price ** BSE (2019-03-25) in INR ₹87.65
India Banks Industry PE Ratio Median Figure of 19 Publicly-Listed Banks Companies 21.69x
India Market PE Ratio Median Figure of 2,730 Publicly-Listed Companies 16.29x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Union Bank of India.

BSE:532477 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:532477 Share Price ÷ EPS (both in INR)

= 87.65 ÷ -68.98

-1.27x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Union Bank of India is loss making, we can't compare its value to the IN Banks industry average.
  • Union Bank of India is loss making, we can't compare the value of its earnings to the India market.
Price based on expected Growth
Does Union Bank of India's expected growth come at a high price?
Raw Data
BSE:532477 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.27x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 13 Analysts
105.6%per year
India Banks Industry PEG Ratio Median Figure of 18 Publicly-Listed Banks Companies 0.89x
India Market PEG Ratio Median Figure of 595 Publicly-Listed Companies 1.29x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Union Bank of India, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Union Bank of India's assets?
Raw Data
BSE:532477 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-03-31) in INR ₹216.09
BSE:532477 Share Price * BSE (2019-03-25) in INR ₹87.65
India Banks Industry PB Ratio Median Figure of 40 Publicly-Listed Banks Companies 0.61x
India Market PB Ratio Median Figure of 3,621 Publicly-Listed Companies 1.11x
BSE:532477 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:532477 Share Price ÷ Book Value per Share (both in INR)

= 87.65 ÷ 216.09

0.41x

* Primary Listing of Union Bank of India.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Union Bank of India is good value based on assets compared to the IN Banks industry average.
X
Value checks
We assess Union Bank of India's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Banks industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Banks industry average (and greater than 0)? (1 check)
  5. Union Bank of India has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Union Bank of India expected to perform in the next 1 to 3 years based on estimates from 13 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
105.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Union Bank of India expected to grow at an attractive rate?
  • Union Bank of India's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Union Bank of India's earnings growth is expected to exceed the India market average.
  • Union Bank of India's revenue growth is expected to exceed the India market average.
Annual Growth Rates Comparison
Raw Data
BSE:532477 Future Growth Rates Data Sources
Data Point Source Value (per year)
BSE:532477 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 13 Analysts 105.6%
BSE:532477 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 13 Analysts 50.6%
India Banks Industry Earnings Growth Rate Market Cap Weighted Average 36.9%
India Banks Industry Revenue Growth Rate Market Cap Weighted Average 21%
India Market Earnings Growth Rate Market Cap Weighted Average 18.6%
India Market Revenue Growth Rate Market Cap Weighted Average 11.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:532477 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (11 months ago) See Below
Future Estimates Average of up to 13 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:532477 Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-03-31 180,347 29,473 6
2020-03-31 165,155 18,804 7
2019-03-31 146,644 6,725 7
BSE:532477 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-03-31 7,443 -270,045 -52,125
2017-03-31 73,801 -421,943 5,726
2016-03-31 84,739 -185,904 13,564

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Union Bank of India's earnings are expected to grow significantly at over 20% yearly.
  • Union Bank of India's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BSE:532477 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (11 months ago) See Below
Future Estimates Average of up to 13 Analyst Estimates (S&P Global) See Below

All data from Union Bank of India Company Filings, last reported 11 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:532477 Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-03-31 21.34 29.20 15.10 7.00
2020-03-31 14.84 32.10 8.10 11.00
2019-03-31 4.88 7.10 2.00 9.00
BSE:532477 Past Financials Data
Date (Data in INR Millions) EPS *
2018-03-31 -68.98
2017-03-31 8.33
2016-03-31 20.50

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Union Bank of India is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Union Bank of India's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Union Bank of India has a total score of 5/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Union Bank of India performed over the past 5 years?

  • Union Bank of India's last earnings update was 319 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Union Bank of India's growth in the last year to its industry (Banks).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Union Bank of India does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Union Bank of India's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Union Bank of India's 1-year growth to the IN Banks industry average as it is not currently profitable.
Earnings and Revenue History
Union Bank of India's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Union Bank of India Company Filings, last reported 11 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:532477 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-03-31 7,442.56 -52,124.68 50,969.34
2017-03-31 73,800.51 5,726.44 50,429.95
2016-03-31 84,738.82 13,564.43 51,983.91
2015-03-31 94,407.32 17,521.80 51,438.32
2014-03-31 79,164.32 16,695.60 45,403.34
2013-03-31 70,366.14 21,217.10 38,016.52
2012-03-31 57,720.24 17,720.10 33,725.31

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Union Bank of India has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Union Bank of India has efficiently used its assets last year compared to the IN Banks industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Union Bank of India improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Union Bank of India's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Banks industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Union Bank of India has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Union Bank of India's financial position? (This company is analysed differently as a bank or financial institution)

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of Union Bank of India's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Union Bank of India Company Filings, last reported 11 months ago.

BSE:532477 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-03-31 252,518.09 456,803.92 297,542.32
2017-03-31 240,936.67 412,254.97 174,162.73
2016-03-31 230,481.13 306,366.15 151,368.99
2015-03-31 199,079.73 351,679.98 85,468.60
2014-03-31 187,644.86 293,162.28 56,856.15
2013-03-31 174,599.75 237,968.85 62,235.63
2012-03-31 148,192.35 179,094.88 46,976.06
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • Union Bank of India has an acceptable proportion of non-loan assets held.
  • Union Bank of India's liabilities are made up of primarily low risk sources of funding.
  • Loans at Union Bank of India are broadly funded by customer deposits.
  • Union Bank of India's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).
  • Unable to establish if Union Bank of India has a sufficient allowance for bad loans without relevant financial data.
  • Union Bank of India has a high level of bad loans (greater than 2%).
X
Financial health checks
We assess Union Bank of India's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Union Bank of India has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Union Bank of India's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Union Bank of India dividends. Estimated to be 2.75% next year.
If you bought ₹2,000 of Union Bank of India shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Union Bank of India's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Union Bank of India's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:532477 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 13 Analyst Estimates (S&P Global) See Below
India Banks Industry Average Dividend Yield Market Cap Weighted Average of 18 Stocks 0.5%
India Market Average Dividend Yield Market Cap Weighted Average of 1399 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 1.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BSE:532477 Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
2021-03-31 2.70 6.00
2020-03-31 2.22 7.00
2019-03-31 2.23 2.00
BSE:532477 Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2017-05-19 0.000 0.000
2016-06-03 1.950 1.376
2015-06-01 6.000 4.155
2015-05-21 6.000 3.601
2014-05-08 2.600 1.327
2014-01-08 5.400 4.468
2013-05-09 8.000 5.804
2012-06-01 8.000 3.768
2012-05-09 8.000 3.983
2011-05-06 8.000 3.351
2010-05-18 5.500 1.633
2010-05-07 5.500 1.854
2009-06-01 5.000 1.989
2009-03-31 5.000 2.900
2009-03-26 4.000 2.736

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Union Bank of India has not reported any payouts.
  • Unable to verify if Union Bank of India's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Union Bank of India's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Union Bank of India has not reported any payouts.
Future Payout to shareholders
  • Dividends after 3 years are expected to be thoroughly covered by earnings (7.4x coverage).
X
Income/ dividend checks
We assess Union Bank of India's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Union Bank of India afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Union Bank of India has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Union Bank of India's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Rajkiran Rai Gundyadka
COMPENSATION ₹0
AGE 56
TENURE AS CEO 1.7 years
CEO Bio

Mr. Rajkiran Rai Gundyadka has been the Chief Executive Officer and Managing Director of Union Bank of India since July 1, 2017. Mr. Rai Gundyadka has more than 3 decades of rich banking experience including heading industrial Finance Branch, Regions and Zonal Offices. He started his career in 1986 as an Agricultural Finance Officer in central bank of India and has the rich experience of heading various branches at different parts of the country for more than 17 years. On his elevation as general manager, he was given the responsibility of heading human resources development Department. He served as the Field General Manager of Mumbai Zone of Central Bank of India. He has been a Director of Union Bank of India since July 1, 2017. He serves on the Board of Canara HSBC Oriental Bank of Commerce Life Insurance Co. Ltd. He served as an Executive Director at Oriental Bank of Commerce from January 22, 2016 to June 30, 2017. He has been Representative Director at Export-Import Bank of India since 2018. He is an agricultural science graduate and also a certified member of Indian Institute of bankers.

CEO Compensation
  • Insufficient data for Rajkiran to compare compensation growth.
  • Rajkiran's remuneration is lower than average for companies of similar size in India.
Management Team Tenure

Average tenure and age of the Union Bank of India management team in years:

1.7
Average Tenure
56
Average Age
  • The average tenure for the Union Bank of India management team is less than 2 years, this suggests a new team.
Management Team

Rajkiran Rai Gundyadka

TITLE
MD, CEO & Director
AGE
56
TENURE
1.7 yrs

B. Rao

TITLE
Deputy GM & CFO
TENURE
2.2 yrs

M. V. D. Murty

TITLE
Chief Vigilance Officer

Gopal Gusain

TITLE
Executive Director
AGE
56

Manas Biswal

TITLE
Executive Director
AGE
56

Dineshkumar Garg

TITLE
Executive Director
AGE
57

Mangesh Mandrekar

TITLE
Assistant GM
TENURE
1.5 yrs

Monika Kalia

TITLE
General Manager

Pankaj Sharma

TITLE
General Manager

P. Rajagopal

TITLE
General Manager
AGE
51
Board of Directors Tenure

Average tenure and age of the Union Bank of India board of directors in years:

1.7
Average Tenure
56.5
Average Age
  • The average tenure for the Union Bank of India board of directors is less than 3 years, this suggests a new board.
Board of Directors

Kewal Handa

TITLE
Non-Executive Chairman
AGE
66
TENURE
1.7 yrs

Rajkiran Rai Gundyadka

TITLE
MD, CEO & Director
AGE
56
TENURE
1.7 yrs

Gopal Gusain

TITLE
Executive Director
AGE
56
TENURE
0.5 yrs

Manas Biswal

TITLE
Executive Director
AGE
56

Dineshkumar Garg

TITLE
Executive Director
AGE
57
TENURE
1.1 yrs

K. Ramesha

TITLE
Part-time Non-official Director
AGE
61
TENURE
2.9 yrs

Uttam Sarkar

TITLE
Shareholder Director
AGE
52
TENURE
3.8 yrs

Anil Misra

TITLE
RBI Nominee Director
AGE
59
TENURE
3.7 yrs

Madnesh Mishra

TITLE
Government Nominee Director
AGE
52
TENURE
2.7 yrs

Madhura Swaminathan

TITLE
Part-Time Non-Official Director
AGE
57
TENURE
1.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
28. Mar 18 Buy India Company 27. Mar 18 27. Mar 18 312,819,803 ₹144.62 ₹45,239,979,225
X
Management checks
We assess Union Bank of India's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Union Bank of India has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Union Bank of India provides various banking and financial services in India. It operates in four segments: Treasury Operations, Corporate/Wholesale Banking, Retail Banking Operations, and Other Banking Operations. The company offers savings, salary, and current accounts; recurring and fixed deposits; and demat and online trading accounts. It also provides retail loans, including home, vehicle, personal, and education loans; loans against property; loans for medical practitioners, pensioners, and salaried individuals; and micro, small, and medium enterprises loans comprising credits and schemes. In addition, the company offers online bill and tax payment services; ATM and remittance services; Internet, mobile, and SMS banking services; debit, credit, gift, payroll, and prepaid cards; insurance and investment services, such as mutual funds, life and general insurances, and tax savings deposits; and cheque collection and safe deposit lockers services. Further, it provides NRI deposit, loan, and investment services; export and import financing, ECGC cover, and treasury services; and products and services for agricultural/SSI/tertiary sectors. Additionally, the company offers corporate banking services, which include trade, working capital, infrastructure, project, and channel financing; lines of credit; and debt structuring/restructuring, loan syndication, structured finance, mergers and acquisition, and private equity services, as well as direct and indirect tax, pension and government deposit scheme, and government bond services. As of March 31, 2018, it operated 4,301 branches in India; 4 branches internationally; and 7,642 ATMs. The company was founded in 1919 and is headquartered in Mumbai, India.

Details
Name: Union Bank of India
532477
Exchange: BSE
Founded: 1919
₹101,490,598,139
1,168,573,381
Website: http://www.unionbankofindia.co.in
Address: Union Bank of India
Union Bank Bhavan,
239, Vidhan Bhavan Marg,
Mumbai,
Maharashtra, 400021,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 532477 Equity Shares Mumbai Stock Exchange IN INR 24. Sep 2002
NSEI UNIONBANK Equity Shares National Stock Exchange of India IN INR 24. Sep 2002
Number of employees
Current staff
Staff numbers
37,587
Union Bank of India employees.
Industry
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Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/25 12:35
End of day share price update: 2019/03/25 00:00
Last estimates confirmation: 2019/03/20
Last earnings filing: 2018/05/10
Last earnings reported: 2018/03/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.