Union Bank of India Balance Sheet Health

Financial Health criteria checks 4/6

Union Bank of India has total assets of ₹13,594.5B and total equity of ₹940.7B. Total deposits are ₹11,756.3B, and total loans are ₹8,654.7B earning a Net Interest Margin of 2.9%. It has insufficient allowance for bad loans, which are currently at 5% of total loans. Cash and short-term investments are ₹545.5B.

Key information

14.5x

Asset to equity ratio

2.9%

Net interest margin

Total deposits	₹11.76t
Loan to deposit ratio	Appropriate
Bad loans	5.0%
Allowance for bad loans	n/a
Current ratio	Low
Cash & equivalents	₹545.49b

Recent financial health updates

No updates

Recent updates

Is Now The Time To Put Union Bank of India (NSE:UNIONBANK) On Your Watchlist?

Feb 24

Here's Why Union Bank of India (NSE:UNIONBANK) Has Caught The Eye Of Investors

Nov 10

Should You Be Adding Union Bank of India (NSE:UNIONBANK) To Your Watchlist Today?

Jul 27

Union Bank of India's (NSE:UNIONBANK) Shareholders Are Down 76% On Their Shares

Jan 13

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Financial Institutions Analysis

Asset Level: UNIONBANK's Assets to Equity ratio (14.5x) is moderate.

Allowance for Bad Loans: Insufficient data to determine if UNIONBANK has a sufficient allowance for bad loans.

Low Risk Liabilities: 93% of UNIONBANK's liabilities are made up of primarily low risk sources of funding.

Loan Level: UNIONBANK has an appropriate level of Loans to Assets ratio (64%).

Low Risk Deposits: UNIONBANK's Loans to Deposits ratio (74%) is appropriate.

Level of Bad Loans: UNIONBANK has a high level of bad loans (5%).

Union Bank of India Balance Sheet Health

Financial Health criteria checks 4/6

Key information

Recent financial health updates

Recent updates

Union Bank of India Announces Cessation of Nidhu Saxena as Executive Director

Union Bank of India Announces Executive Changes

Is Now The Time To Put Union Bank of India (NSE:UNIONBANK) On Your Watchlist?

Union Bank of India has filed a Follow-on Equity Offering in the amount of INR 30 billion.

Union Bank of India Announces Executive Changes

Price target increased by 18% to ₹155

Third quarter 2024 earnings released: EPS: ₹4.89 (vs ₹3.31 in 3Q 2023)

Union Bank of India to Report Q3, 2024 Results on Jan 20, 2024

Now 20% undervalued

Union Bank of India Appoints CA Avinash Vasant Prabhu as Chief Financial Officer

Union Bank of India Appoints CA Avinash Vasant Prabhu as Chief Financial Officer

Here's Why Union Bank of India (NSE:UNIONBANK) Has Caught The Eye Of Investors

Union Bank of India Announces Appointment of Srinivasan Balachander as Chief Compliance Officer

Second quarter 2024 earnings released: EPS: ₹5.14 (vs ₹2.71 in 2Q 2023)

Now 20% undervalued

Union Bank of India to Report First Half, 2024 Results on Oct 27, 2023

Union Bank of India Announces Board Appointments

Union Bank of India Appoints Sanjay Rudra as Executive Director

Price target increased by 7.5% to ₹111

Price target increased by 7.5% to ₹108

ACRE to Buy Union Bank's INR 4,110 Million Visa Steel Loan

New minor risk - Shareholder dilution

Now 21% undervalued

Union Bank of India Declares Dividend for Fiscal Year 2022-23

Should You Be Adding Union Bank of India (NSE:UNIONBANK) To Your Watchlist Today?

Price target increased by 10% to ₹98.83

Upcoming dividend of ₹3.00 per share at 3.3% yield

Union Bank of India Announces Directorate Changes

Union Bank of India to Report Q1, 2024 Results on Jul 20, 2023

Full year 2023 earnings released: EPS: ₹12.45 (vs ₹7.77 in FY 2022)

Union Bank of India, Annual General Meeting, Aug 04, 2023

Union Bank of India Announces Executive Changes

Full year 2023 earnings released: EPS: ₹12.45 (vs ₹7.77 in FY 2022)

Union Bank of India Recommends Dividend for the Year Ended March 31, 2023

Price target increased by 7.3% to ₹75.75

Union Bank Reportedly Seeks to Sell KSK Mahanadi, Raigarh Champa Debt to ASREC

Third quarter 2023 earnings released: EPS: ₹3.31 (vs ₹1.55 in 3Q 2022)

Union Bank of India to Report Q3, 2023 Results on Jan 20, 2023

Investor sentiment deteriorated over the past week

Union Bank of India Appoints Ramasubramanian S. as the Executive Director

Union Bank of India Appoints Ramasubramanian S. as the Executive Director

Investor sentiment improved over the past week

Less than half of directors are independent

Investor sentiment improved over the past week

Union Bank of India Appoints Rajnish Khare as Chief Digital Officer

Union Bank of India Appoints Srinivasan Varadarajan as Part-Time Non-Official Director as Well as Non-Executive Chairman

Price target increased to ₹47.00

Second quarter 2023 earnings released: EPS: ₹2.71 (vs ₹2.28 in 2Q 2022)

Union Bank of India to Report Q2, 2023 Results on Oct 20, 2022

Union Bank of India Announces Elevation of Prafulla Kumar Samal from General Manager to Chief General Manager of the Bank

Union Bank of India Announces Cessation of B. S. Venkatesha as Chief Risk Officer, Effective September 18, 2022

First quarter 2023 earnings released: EPS: ₹2.32 (vs ₹1.70 in 1Q 2022)

Union Bank of India to Report Q1, 2023 Results on Jul 26, 2022

Upcoming dividend of ₹1.90 per share

Union Bank of India Appoints A. Manimekhalai as Chief Executive Officer

Union Bank of India, Annual General Meeting, Jun 30, 2022

Full year 2022 earnings released: EPS: ₹7.77 (vs ₹4.47 in FY 2021)

Union Bank of India Recommends Dividend for 2021-22

Union Bank of India to Report Q4, 2022 Results on May 13, 2022

Less than half of directors are independent

Dhansamridhi Finance Private Limited agreed to acquire 8% stake in India SME Asset Reconstruction Company Limited from Union Bank of India (BSE:532477).

Investor sentiment improved over the past week

State Bank of India (NSEI:SBIN) agreed to acquire 13.82% stake in SBI Global Factors Ltd. from Union Bank of India (BSE:532477), Bank of Maharashtra (BSE:532525), and Small Industries Development Bank of India.

State Bank of India (NSEI:SBIN) agreed to acquire 13.82% stake in SBI Global Factors Ltd. from Union Bank of India (BSE:532477), Bank of Maharashtra (BSE:532525), and Small Industries Development Bank of India.

Third quarter 2022 earnings: Revenues in line with analyst expectations

Union Bank of India Announces Cessation of Gopal Singh Gusain, Executive Director

Second quarter 2022 earnings released: EPS ₹2.28 (vs ₹0.83 in 2Q 2021)

Investor sentiment improved over the past week

Full year 2021 earnings released: EPS ₹4.47 (vs ₹13.45 loss in FY 2020)

Independent Shareholder Director Jayadev Madugula has left the company

Independent Shareholder Director Kanakasabapathy Kadiresan has left the company

Independent Shareholder Director Uttam Sarkar has left the company

Union Bank of India Rises on Planning to Acquire 9% Stake in NARCL

Price target increased to ₹30.20

Full year 2021 earnings released: EPS ₹4.47 (vs ₹13.45 loss in FY 2020)