Union Bank of Colombo (COSE:UBC.N0000) - Stock Price, News & Analysis

UBC.N0000 Stock Overview

Provides commercial banking and related financial services in Sri Lanka. More details

UBC.N0000 fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	1/6
Financial Health	4/6
Dividends	0/6

Risk Analysis

Earnings have declined by 19.4% per year over past 5 years

Does not have a meaningful market cap (LKR10B)

Profit margins (1.6%) are lower than last year (8%)

Union Bank of Colombo PLC Competitors

Pan Asia Banking

COSE:PABC.N0000

LK₨11.9b

Amãna Bank

COSE:ABL.N0000

LK₨12.7b

SANASA Development Bank

COSE:SDB.N0000

LK₨5.4b

Cargills Bank

COSE:CBNK.N0000

LK₨7.6b

Price History & Performance

Summary of all time highs, changes and price drops for Union Bank of Colombo
Historical stock prices
Current Share Price	LK₨9.60
52 Week High	LK₨10.60
52 Week Low	LK₨8.50
Beta	0.26
11 Month Change	-2.04%
3 Month Change	5.49%
1 Year Change	-3.03%
33 Year Change	-16.52%
5 Year Change	-29.41%
Change since IPO	-75.00%

Recent updates

Shareholder Returns

	UBC.N0000	LK Banks	LK Market
7D	-2.0%	0.5%	-0.3%
1Y	-3.0%	37.8%	19.1%

Return vs Industry: UBC.N0000 underperformed the LK Banks industry which returned 37.8% over the past year.

Return vs Market: UBC.N0000 underperformed the LK Market which returned 19.1% over the past year.

Price Volatility

Is UBC.N0000's price volatile compared to industry and market?
UBC.N0000 volatility
UBC.N0000 Average Weekly Movement	3.8%
Banks Industry Average Movement	3.9%
Market Average Movement	4.3%
10% most volatile stocks in LK Market	6.5%
10% least volatile stocks in LK Market	3.0%

Stable Share Price: UBC.N0000 has not had significant price volatility in the past 3 months compared to the LK market.

Volatility Over Time: UBC.N0000's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1995	1,157	Dilshan Peter Rodrigo	www.unionb.com

Union Bank of Colombo PLC, together with its subsidiaries, provides commercial banking and related financial services in Sri Lanka. It operates through four segments: Corporate Banking, SME, Retail, and Treasury. The company offers savings and current accounts, foreign currency accounts, and time and fixed deposits.

Union Bank of Colombo PLC Fundamentals Summary

How do Union Bank of Colombo's earnings and revenue compare to its market cap?
UBC.N0000 fundamental statistics
Market cap	LK₨10.29b
Earnings (TTM)	LK₨114.47m
Revenue (TTM)	LK₨7.21b

90.9x

P/E Ratio

0.5x

P/B Ratio

Is UBC.N0000 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
UBC.N0000 income statement (TTM)
Revenue	LK₨7.21b
Cost of Revenue	LK₨0
Gross Profit	LK₨7.21b
Other Expenses	LK₨7.09b
Earnings	LK₨114.47m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.11
Gross Margin	100.00%
Net Profit Margin	1.59%
Debt/Equity Ratio	116.2%

How did UBC.N0000 perform over the long term?

See historical performance and comparison

UBC.N0000 Stock Overview

Risk Analysis

Union Bank of Colombo PLC Competitors

COSE:PABC.N0000

LK₨11.9b

COSE:ABL.N0000

LK₨12.7b

COSE:SDB.N0000

LK₨5.4b

COSE:CBNK.N0000

LK₨7.6b

Price History & Performance

Recent News & Updates

Union Bank of Colombo PLC Announces Retirement of Sarath Wikramanayake as Independent Non-Executive Director, Effective 15 November 2024

Third quarter 2024 earnings released: EPS: LK₨0.04 (vs LK₨0.09 in 3Q 2023)

Second quarter 2024 earnings released: EPS: LK₨0.02 (vs LK₨0.17 in 2Q 2023)

First quarter 2024 earnings released: EPS: LK₨0.05 (vs LK₨0.16 in 1Q 2023)

High number of new directors

Union Bank of Colombo PLC, Annual General Meeting, Mar 28, 2024

Recent updates

Union Bank of Colombo PLC Announces Retirement of Sarath Wikramanayake as Independent Non-Executive Director, Effective 15 November 2024

Third quarter 2024 earnings released: EPS: LK₨0.04 (vs LK₨0.09 in 3Q 2023)

Second quarter 2024 earnings released: EPS: LK₨0.02 (vs LK₨0.17 in 2Q 2023)

First quarter 2024 earnings released: EPS: LK₨0.05 (vs LK₨0.16 in 1Q 2023)

High number of new directors

Union Bank of Colombo PLC, Annual General Meeting, Mar 28, 2024

Full year 2023 earnings released: EPS: LK₨0.42 (vs LK₨0.40 in FY 2022)

Union Bank Appoints Dilshan Rodrigo as the Deputy Chief Executive Officer with Effect from 15 January 2024

Third quarter 2023 earnings released: EPS: LK₨0.09 (vs LK₨0.097 in 3Q 2022)

New minor risk - Share price stability

Investor sentiment improves as stock rises 19%

Second quarter 2023 earnings released: EPS: LK₨0.17 (vs LK₨0.03 loss in 2Q 2022)

First quarter 2023 earnings released: EPS: LK₨0.16 (vs LK₨0.22 in 1Q 2022)

Full year 2022 earnings released: EPS: LK₨0.40 (vs LK₨0.77 in FY 2021)

Investor sentiment improves as stock rises 16%

Investor sentiment improved over the past week

Third quarter 2022 earnings released: EPS: LK₨0.10 (vs LK₨0.17 in 3Q 2021)

Investor sentiment improved over the past week

Second quarter 2022 earnings released: LK₨0.03 loss per share (vs LK₨0.17 profit in 2Q 2021)

First quarter 2022 earnings released: EPS: LK₨0.22 (vs LK₨0.27 in 1Q 2021)

Investor sentiment deteriorated over the past week

Full year 2021 earnings: Revenues in line with analyst expectations

Union Bank of Colombo PLC, Annual General Meeting, Mar 30, 2022

Third quarter 2021 earnings released

High number of new directors

Independent Deputy Chairman Mohamed Hisham Ghouse has left the company

High number of new directors

First quarter 2021 earnings released

Inaugural dividend of LK₨0.13 per share

New 90-day low: LK₨11.00

Investor sentiment improved over the past week

New 90-day high: LK₨13.40

New 90-day high: LK₨11.80

New 90-day high: LK₨11.60

Union Bank of Colombo PLC Announces Board Changes

Third quarter earnings released

New 90-day high: LK₨11.00

New 90-day high - LK₨10.30

Shareholder Returns

Price Volatility

About the Company

Union Bank of Colombo PLC Fundamentals Summary

90.9x

0.5x

Earnings & Revenue