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An update from UCO Bank ( (IN:UCOBANK) ) is now available.
UCO Bank’s board has approved the audited financial results for the quarter and year ended 31 March 2026 and recommended a dividend of Rs 0.44 per equity share for FY 2025-26, subject to shareholder approval. The move underscores management’s confidence in the bank’s performance and signals a return of value to investors.
The board also cleared plans to raise up to Rs 2,700 crore via issuance of 270 crore new equity shares and up to Rs 5,000 crore through Basel III-compliant Additional Tier I, Tier II and long-term infrastructure bonds in FY 2026-27. These capital-raising measures are set to bolster regulatory capital, support future loan growth and strengthen the bank’s competitive positioning in a tightening regulatory and funding environment.
More about UCO Bank
UCO Bank is an Indian public sector lender headquartered in Kolkata, providing a broad range of retail and corporate banking services. Listed on the National Stock Exchange and BSE, the bank serves individuals, businesses and infrastructure sectors, and regularly taps capital markets to support its balance-sheet growth and regulatory capital needs.
Average Trading Volume: 671,146
Technical Sentiment Signal: Sell
Current Market Cap: 333.9B INR
For a thorough assessment of UCOBANK stock, go to TipRanks’ Stock Analysis page.