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UCO Bank ( (IN:UCOBANK) ) has issued an announcement.
UCO Bank reported strong growth for the quarter and year ended 31 March 2026, with total business rising 14.95% year-on-year to Rs. 5,90,314 crore driven by a 19.44% expansion in gross advances and an 11.59% rise in total deposits. The bank’s CASA base grew 12.46% to Rs. 1,17,752 crore, lifting the CASA ratio by 74 basis points to 38.65% and supporting an improved funding profile.
Quarterly net profit climbed 22.66% year-on-year to Rs. 801 crore, backed by operating profit of Rs. 1,573 crore and a global net interest margin of 3.00%, with domestic NIM at 3.19%. The RAM portfolio surged 24.23% to Rs. 1,52,324 crore, while asset quality strengthened as gross NPA fell to 2.17% and net NPA to 0.27%, alongside a robust capital adequacy ratio of 18.61%, a higher credit-to-deposit ratio of 80.21% and a proposed 4.40% dividend for FY 2025-26, underscoring healthier profitability and capital strength for stakeholders.
More about UCO Bank
UCO Bank is an Indian public sector bank headquartered in Kolkata, providing a broad range of banking services including retail, agriculture and MSME lending, as well as deposit products across savings, current and term accounts. The bank focuses on growing its core advances and low-cost CASA deposit base while strengthening capital adequacy and asset quality in the competitive Indian banking market.
Average Trading Volume: 671,146
Technical Sentiment Signal: Sell
Current Market Cap: 333.9B INR
For detailed information about UCOBANK stock, go to TipRanks’ Stock Analysis page.