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United Bank of India

BSE:533171
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
533171
BSE
₹54B
Market Cap
  1. Home
  2. IN
  3. Banks
Company description

United Bank of India provides various banking products and services in India. The last earnings update was 44 days ago. More info.


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533171 Share Price and Events
7 Day Returns
1.3%
BSE:533171
3.1%
IN Banks
0.4%
IN Market
1 Year Returns
-15.2%
BSE:533171
15.6%
IN Banks
2%
IN Market
533171 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
United Bank of India (533171) 1.3% 10.3% -3.6% -15.2% -42.2% -60.3%
IN Banks 3.1% 12.7% 7% 15.6% 59.7% 77.2%
IN Market 0.4% 9.1% 1.8% 2% 43.6% 80.4%
1 Year Return vs Industry and Market
  • 533171 underperformed the Banks industry which returned 15.6% over the past year.
  • 533171 underperformed the Market in India which returned 2% over the past year.
Price Volatility
533171
Industry
5yr Volatility vs Market

533171 Value

 Is United 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 United Bank of India. This is due to cash flow or dividend data being unavailable. The share price is ₹11.09.
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 United Bank of India's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are United 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:533171 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in INR ₹-10.05
BSE:533171 Share Price ** BSE (2019-03-20) in INR ₹11.09
India Banks Industry PE Ratio Median Figure of 19 Publicly-Listed Banks Companies 20.96x
India Market PE Ratio Median Figure of 2,730 Publicly-Listed Companies 16.4x

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

** Primary Listing of United Bank of India.

BSE:533171 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:533171 Share Price ÷ EPS (both in INR)

= 11.09 ÷ -10.05

-1.1x

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

  • United Bank of India is loss making, we can't compare its value to the IN Banks industry average.
  • United 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 United Bank of India's expected growth come at a high price?
Raw Data
BSE:533171 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.1x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
India Banks Industry PEG Ratio Median Figure of 18 Publicly-Listed Banks Companies 0.89x
India Market PEG Ratio Median Figure of 596 Publicly-Listed Companies 1.27x

*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 United 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 United Bank of India's assets?
Raw Data
BSE:533171 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in INR ₹28.65
BSE:533171 Share Price * BSE (2019-03-20) in INR ₹11.09
India Banks Industry PB Ratio Median Figure of 40 Publicly-Listed Banks Companies 0.62x
India Market PB Ratio Median Figure of 3,617 Publicly-Listed Companies 1.12x
BSE:533171 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:533171 Share Price ÷ Book Value per Share (both in INR)

= 11.09 ÷ 28.65

0.39x

* Primary Listing of United Bank of India.

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

  • United Bank of India is good value based on assets compared to the IN Banks industry average.
X
Value checks
We assess United 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. United 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.

533171 Future Performance

 How is United Bank of India expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as United Bank of India has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
37%
Expected Banks industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is United Bank of India expected to grow at an attractive rate?
  • Unable to compare United Bank of India's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare United Bank of India's earnings growth to the India market average as no estimate data is available.
  • Unable to compare United Bank of India's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:533171 Future Growth Rates Data Sources
Data Point Source Value (per year)
India Banks Industry Earnings Growth Rate Market Cap Weighted Average 37%
India Banks Industry Revenue Growth Rate Market Cap Weighted Average 21.1%
India Market Earnings Growth Rate Market Cap Weighted Average 18.5%
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:533171 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:533171 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-12-31 -17,127 -26,717
2018-09-30 -11,517 -21,700
2018-06-30 -4,577 -16,317
2018-03-31 -2,653 22,716 -14,544
2017-12-31 -757 -11,203
2017-09-30 7,589 -4,186
2017-06-30 12,631 -303
2017-03-31 16,472 -64,150 2,195
2016-12-31 8,187 -2,671
2016-09-30 9,750 -3,142
2016-06-30 12,855 -2,959
2016-03-31 22,621 -51,561 -2,820

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if United Bank of India is high growth as no earnings estimate data is available.
  • Unable to determine if United Bank of India is high growth as no revenue estimate data is available.
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:533171 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from United Bank of India Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:533171 Past Financials Data
Date (Data in INR Millions) EPS *
2018-12-31 -10.05
2018-09-30 -9.48
2018-06-30 -8.53
2018-03-31 -9.65
2017-12-31 -7.74
2017-09-30 -3.02
2017-06-30 -0.24
2017-03-31 1.86
2016-12-31 -2.52
2016-09-30 -3.35
2016-06-30 -3.38
2016-03-31 -3.36

*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.
  • Unable to establish if United Bank of India will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine United Bank of India's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. United Bank of India's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Banks companies here
  3. United Bank of India's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess United 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.
United Bank of India has a total score of 0/6, 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.

533171 Past Performance

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

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 United 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.
  • United 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 United Bank of India's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare United Bank of India's 1-year growth to the IN Banks industry average as it is not currently profitable.
Earnings and Revenue History
United 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 United Bank of India Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:533171 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 -17,127.28 -26,717.26 25,534.85
2018-09-30 -11,516.88 -21,700.06 24,428.85
2018-06-30 -4,577.38 -16,316.66 23,222.25
2018-03-31 -2,653.08 -14,544.46 22,675.85
2017-12-31 -756.83 -11,202.64 21,046.24
2017-09-30 7,588.78 -4,186.34 21,192.04
2017-06-30 12,630.88 -302.74 21,330.14
2017-03-31 16,472.48 2,195.06 21,343.54
2016-12-31 8,187.06 -2,670.89 12,829.20
2016-09-30 9,749.86 -3,141.89 13,952.30
2016-06-30 12,854.96 -2,958.59 16,319.40
2016-03-31 22,620.96 -2,819.59 26,170.20
2015-12-31 23,774.00 2,356.02 15,317.65
2015-09-30 23,980.20 2,603.82 15,076.25
2015-06-30 23,294.10 2,423.22 14,739.75
2015-03-31 24,048.80 2,559.92 15,006.85
2014-12-31 23,909.52 6,208.46 14,456.87
2014-09-30 9,870.42 -6,590.14 14,503.47
2014-06-30 2,385.42 -11,922.84 14,399.77
2014-03-31 1,517.32 -12,134.44 14,234.47
2013-12-31 -2,352.21 -17,311.86 13,349.30
2013-09-30 10,830.39 -4,509.06 13,110.20
2013-06-30 18,739.69 1,831.94 12,909.70
2013-03-31 17,944.39 3,123.54 12,762.80
2012-12-31 21,810.68 4,216.80 12,349.13
2012-09-30 23,701.38 6,055.00 12,214.03
2012-06-30 23,064.48 5,856.40 12,139.53
2012-03-31 22,318.28 5,442.00 12,025.33

*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 United 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 United 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 United 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 United 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.
United 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.

533171 Health

 How is United 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 United 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 United Bank of India Company Filings, last reported 2 months ago.

BSE:533171 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 87,037.30 23,107.50 62,455.70
2018-09-30 75,996.70 23,093.20 61,392.30
2018-06-30 83,693.00 23,645.70 59,799.20
2018-03-31 86,752.36 33,060.58 146,302.17
2017-12-31 66,099.60 33,609.90 54,865.00
2017-09-30 72,474.90 24,314.40 56,720.60
2017-06-30 75,323.50 18,766.90 62,729.10
2017-03-31 77,438.11 25,517.54 68,714.70
2016-12-31 71,268.80 24,782.20 69,142.60
2016-09-30 70,627.80 24,773.30 56,263.80
2016-06-30 63,843.80 28,121.60 54,460.50
2016-03-31 63,191.85 29,125.07 28,140.22
2015-12-31 59,591.20 45,628.00 54,472.40
2015-09-30 59,421.30 34,173.90 52,251.70
2015-06-30 58,802.70 39,545.10 49,752.50
2015-03-31 58,280.39 40,617.30 7,179.60
2014-12-31 57,235.20 43,869.40 41,853.60
2014-09-30 56,849.40 40,609.50 52,240.80
2014-06-30 52,826.54 44,602.36 49,756.65
2014-03-31 52,826.54 44,602.36 49,756.65
2013-12-31 54,311.60 59,850.60 59,868.10
2013-09-30 54,311.60 59,850.60 59,868.10
2013-06-30 58,837.18 49,427.03 54,993.87
2013-03-31 58,837.18 49,427.03 54,993.87
2012-12-31 59,282.70 68,901.30 54,069.90
2012-09-30 58,901.90 47,593.00 54,080.10
2012-06-30 57,496.90 54,597.80 57,889.80
2012-03-31 55,796.85 49,201.93 25,336.25
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.
  • United Bank of India has an acceptable proportion of non-loan assets held.
  • United Bank of India's liabilities are made up of primarily low risk sources of funding.
  • Loans at United Bank of India are broadly funded by customer deposits.
  • United 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 United Bank of India has a sufficient allowance for bad loans without relevant financial data.
  • United Bank of India has a high level of bad loans (greater than 2%).
X
Financial health checks
We assess United 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. United 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.

533171 Dividends

 What is United 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 United Bank of India dividends.
If you bought ₹2,000 of United 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 United Bank of India's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate United 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:533171 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 0 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:533171 Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2015-02-10 0.000 0.000
2014-11-07 0.000 0.000
2014-08-14 0.000 0.000
2014-05-29 0.000 0.000
2014-05-05 0.000 0.000
2013-05-14 2.100 6.169
2012-08-03 2.400 3.762
2012-05-07 2.400 4.035
2011-08-04 2.200 3.278
2010-07-09 2.000 1.962
2010-03-18 0.000 0.000

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

  • Unable to perform a dividend volatility check as United Bank of India has not reported any payouts.
  • Unable to verify if United Bank of India's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of United Bank of India's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as United Bank of India has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess United 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 United Bank of India afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. United Bank of India has a total score of 0/6, see the detailed checks below.


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

533171 Management

 What is the CEO of United 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
Ashok Pradhan
COMPENSATION ₹2,260,082
TENURE AS CEO 0.4 years
CEO Bio

Mr. Ashok Kumar Pradhan, M.Com. and CAIIB, is Managing Director & Chief Executive Officer of United Bank of India since October 1, 2018. He serves as the Chief General Manager at State Bank of Bikaner & Jaipur. Mr. Pradhan has been an Executive Director of United Bank of India since joining on February 18, 2017. He joined State Bank of Bikaner & Jaipur as a Probationary Officer in July 1985. In a career spanning over 32 years, he has functioned in almost all areas of banking especially Credit and Branch Banking across 4 SBI associate banks namely State Bank of Bikaner & Jaipur, State Bank of Hyderabad, State Bank of Mysore and State Bank of Travancore. He served as Chief General Manager of State Bank of Travancore.

CEO Compensation
  • Ashok's compensation has increased whilst company is loss making.
  • Ashok's remuneration is lower than average for companies of similar size in India.
Management Team Tenure

Average tenure of the United Bank of India management team in years:

1.2
Average Tenure
  • The average tenure for the United Bank of India management team is less than 2 years, this suggests a new team.
Management Team

Ashok Pradhan

TITLE
MD, CEO & Executive Director
COMPENSATION
₹2M
TENURE
0.4 yrs

Ashwini Jha

TITLE
CFO and GM of Treasury
TENURE
0.3 yrs

Shyamal Biswas

TITLE
GM of RMS & Compliance and CCO
TENURE
1.2 yrs

R. Elango

TITLE
General Manager of SAMV
TENURE
1.2 yrs

Md. Wahid

TITLE
GM of Retail Advances

Vinay Gandotra

TITLE
General Manager of HRM and Training
TENURE
1.2 yrs

Sanjay Kumar

TITLE
Executive Director
COMPENSATION
₹1M
AGE
56

Sanjay Chaudhary

TITLE
Chief Regional Manager of Ahmedabad & Deputy GM

Rakesh Narayan

TITLE
Chief Risk Officer & CISO and GM of Strategic Planning & Development

Dhananjay Singh

TITLE
Chief Regional Manager & Deputy GM
Board of Directors Tenure

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

1.3
Average Tenure
57
Average Age
  • The average tenure for the United Bank of India board of directors is less than 3 years, this suggests a new board.
Board of Directors

Ashok Pradhan

TITLE
MD, CEO & Executive Director
COMPENSATION
₹2M
TENURE
2.1 yrs

Sanjay Kumar

TITLE
Executive Director
COMPENSATION
₹1M
AGE
56
TENURE
0.5 yrs

Ajit Das

TITLE
Executive Director
AGE
57
TENURE
0.4 yrs

Sameer Khare

TITLE
Government Nominee Director
TENURE
1.6 yrs

S. Suryanarayana

TITLE
Shareholder Director
AGE
66
TENURE
0.6 yrs

Denesh Singh

TITLE
Part-time Non-Official Director
TENURE
1.3 yrs

Sidhartha Pradhan

TITLE
Part-time Non-Official Director
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 (₹)
X
Management checks
We assess United 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. United 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.

533171 News

Simply Wall St News

533171 Company Info

Description

United Bank of India provides various banking products and services in India. It offers savings accounts, fixed deposits, current deposits, and recurring deposits; and housing, personal, car, education, mortgage and reverse mortgage loans, trade credit, overdrafts, and gold loans; and various cards. In addition, the company offers corporate banking products and services, including term loans, working capital finance products, corporate loans, and export credit products; and cash management services. Further, it provides various foreign exchange operations; correspondent banking; international treasury; remittance products; and international trade finance for non-resident Indians. Additionally, the company offers depository, debenture trustee, mutual fund, inward money remittance, pensioner’s payslip, mobile and online banking, and ebanking services, as well as life and non-life insurance products, and micro small and medium enterprise banking products. As of March 31, 2018, the company operated 2,057 branches. United Bank of India was founded in 1918 and is headquartered in Kolkata, India.

Details
Name: United Bank of India
533171
Exchange: BSE
Founded: 1918
₹53,831,195,938
4,854,030,292
Website: http://www.unitedbankofindia.com
Address: United Bank of India
United Tower,
11 Hemanta Basu Sarani,
Kolkata,
West Bengal, 700001,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 533171 Equity Shares Mumbai Stock Exchange IN INR 18. Mar 2010
NSEI UNITEDBNK Equity Shares National Stock Exchange of India IN INR 18. Mar 2010
Number of employees
Current staff
Staff numbers
14,814
United Bank of India employees.
Industry
Diversified Banks
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/21 12:50
End of day share price update: 2019/03/20 00:00
Last earnings filing: 2019/02/05
Last earnings reported: 2018/12/31
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.