UCO Bank (UCOBANK) AI Stock Analysis

• Market Cap: ₹357.88B
• Dividend Yield: 1.35%
• Average Volume (3M): 1.02M
• Price to Earnings (P/E): 16.9
• Beta (1Y): 1.59
• Revenue Growth: 17.33%
• EPS Growth: 45.79%
• Country: IN
• Employees: 21,456
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): N/A
• Shares Outstanding: 12,539,559,000
• 10 Day Avg. Volume: 817,744
• 30 Day Avg. Volume: 1,017,137
• PEG Ratio: 0.27
• Price to Book (P/B): 1.01
• Price to Sales (P/S): 1.17
• P/FCF Ratio: 20.31
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 75 Outperform
• Price Target: ₹31.00 ▲(1.57% Upside)
• Action: Reiterated Date: 10/01/25
• Date: Action: Reiterated 10/01/25

UCO Bank's strong financial performance is the most significant factor, supported by positive technical indicators. The valuation is fair, but not overly compelling. The absence of earnings call data and corporate events limits additional insights.

Positive Factors

Revenue and profit growth

Sustained revenue and net income increases with stronger gross and net margins indicate durable underlying business momentum. Over 2-6 months this supports reinvestment in branches, digital channels and loan growth while providing buffer for provisioning and strategic initiatives.

Balance sheet strength

A rising equity base and stable leverage reduce insolvency risk and expand capacity to absorb credit losses, fund loan growth, and meet regulatory capital requirements. This structural strength supports conservative credit expansion and long-term stability in cyclical stress.

Cash flow generation

Consistent operating cash generation and healthy free cash flow relative to earnings signal that core operations fund capital needs, provisioning and dividends. This reduces reliance on volatile wholesale funding and supports durable financial flexibility over multiple quarters.

Negative Factors

Rising total debt

An uptick in total debt raises structural funding and interest-cost vulnerability, especially if deposit costs rise or market funding tightens. Higher leverage can compress margins and limit capital manoeuvrability if asset quality weakens or provisioning needs increase over the next several quarters.

Dependence on interest income / NIM

Heavy reliance on net interest margin and lending spread makes profitability structurally sensitive to deposit cost inflation, rate shifts and competitive loan pricing. Fee income exists but core earnings depend on sustained loan growth and tight asset-quality control over medium term.

Limited investor disclosure and guidance

A lack of earnings-call detail, guidance and notable corporate events reduces transparency on forward strategy and management priorities. Over 2-6 months this constrains investors' ability to assess capital allocation, risk appetite and execution on structural initiatives.

UCO Bank Business Overview & Revenue Model

Company Description

UCO Bank provides a range of banking and financial services in India and internationally. It accepts deposit products, such as current accounts, saving accounts, salary accounts, fixed deposits, recurring deposits, accounts in foreign currency, salary accounts, and fee collection accounts. The company also provides agri, home, education, gold, personal, vehicle, and mortgage loans; finance to micro and small enterprises; working capital financing; term loans; infrastructure finance; and agriculture credit. In addition, it offers life, health, and general insurance products; credit and debit cards; internet banking services; and international banking services, including NRI banking, foreign currency loans, finance to exporters and importers, remittances, forex and treasury services, resident foreign currency deposits, and correspondent banking services to Indian customers, corporates, NRIs, overseas corporate bodies, foreign companies/individuals, and foreign banks. Further, the company provides government deposit schemes/bonds, pension payments/schemes, and tax collection services; merchant banking; and mutual funds. As of March 31, 2022, it operated 3072 domestic branches and 2 overseas branches. The company was formerly known as The United Commercial Bank Ltd. and changed its name to UCO Bank in December 1985. UCO Bank was founded in 1943 and is headquartered in Kolkata, India.

How the Company Makes Money

UCO Bank generates revenue primarily through interest income on loans and advances it provides to individuals, businesses, and government entities. The bank earns interest from various loan products, including personal loans, home loans, vehicle loans, and corporate loans. Additionally, UCO Bank derives income from its investment portfolio, comprising government securities and other financial instruments. Fee-based income, such as service charges on banking transactions, commissions from selling third-party financial products like insurance, and foreign exchange transactions, also contribute to the bank's earnings. UCO Bank's partnerships with financial institutions and technology providers help enhance its service offerings and expand its reach, further supporting revenue growth.

UCO Bank Financial Statement Overview

Summary

UCO Bank demonstrates strong financial health with consistent revenue and profit growth, solid equity management, and effective cash flow generation. Attention to debt management and cash flow stability is crucial for sustaining long-term growth.

Income Statement

UCO Bank's income statement shows strong performance with a notable increase in total revenue from 2024 to 2025, coupled with improved EBIT and net income. The gross profit margin remains robust, reflecting effective cost management. The net profit margin has also strengthened, indicating enhanced profitability. However, there is a lack of EBITDA data for earlier years, which limits comprehensive analysis in that area.

Balance Sheet

The balance sheet of UCO Bank reveals a solid equity position, with stockholders' equity increasing steadily over the years. The debt-to-equity ratio remains stable, suggesting moderate leverage. The equity ratio is healthy, indicating a strong asset base relative to liabilities. However, the bank's total debt has increased, which could pose potential risks if not managed properly.

Cash Flow

UCO Bank's cash flow statement shows positive trends in free cash flow and operating cash flow, reflecting efficient cash management. The free cash flow to net income ratio is favorable, highlighting the bank's ability to generate cash relative to its net income. However, fluctuations in financing cash flow may indicate variability in funding strategies.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	227.74B	268.49B	245.61B	201.59B	180.82B	178.91B
Gross Profit	111.07B	114.12B	108.08B	98.51B	95.73B	89.25B
EBITDA	29.71B	41.45B	28.50B	31.23B	10.95B	2.80B
Net Income	25.20B	24.68B	16.72B	18.26B	9.30B	1.46B
Balance Sheet
Total Assets	3.66T	3.62T	3.24T	3.01T	2.68T	2.53T
Cash, Cash Equivalents and Short-Term Investments	0.00	361.27B	290.25B	287.28B	261.48B	236.00B
Total Debt	265.16B	286.87B	211.79B	265.09B	181.63B	174.17B
Total Liabilities	3.34T	3.31T	2.96T	2.75T	2.44T	2.31T
Stockholders Equity	319.26B	308.85B	272.14B	256.04B	234.69B	226.06B
Cash Flow
Free Cash Flow	0.00	15.41B	6.48B	26.95B	41.83B	22.58B
Operating Cash Flow	0.00	19.13B	10.02B	29.83B	43.99B	24.22B
Investing Cash Flow	0.00	-3.28B	-2.95B	-2.67B	-2.00B	-1.55B
Financing Cash Flow	0.00	58.69B	-4.30B	-3.36B	-16.37B	32.66B

UCO Bank Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 30.52
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:UCOBANK, the sentiment is Negative. The current price of 30.52 is above the 20-day moving average (MA) of 28.86, above the 50-day MA of 29.00, and above the 200-day MA of 30.28, indicating a bearish trend. The MACD of -0.09 indicates Positive momentum. The RSI at 35.64 is Neutral, neither overbought nor oversold. The STOCH value of 60.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:UCOBANK.

UCO Bank Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CENTRALBK	78 Outperform	₹335.54B	6.69	―	1.58%	6.84%	31.01%
UCOBANK	75 Outperform	₹357.88B	16.88	―	1.35%	17.33%	45.79%
BANKINDIA	74 Outperform	₹743.68B	5.82	―	2.87%	14.34%	20.97%
MAHABANK	71 Outperform	₹553.64B	6.63	―	2.60%	18.36%	14.53%
INDIANB	69 Neutral	₹1.31T	8.96	―	2.07%	9.74%	12.56%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
IOB	52 Neutral	₹678.22B	12.72	―	―	―	―

UCO Bank Corporate Events

UCO Bank Calls March 2026 EGM to Elect Shareholder Director and Extend ED Tenure

UCO Bank has called an Extraordinary General Meeting for 16 March 2026, to be conducted via video conferencing and other audio-visual means, with remote e-voting available between 12 and 15 March. The meeting will address the election of one shareholder director under the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, and seek approval to extend Executive Director Rajendra Kumar Saboo’s tenure by three years, steps that will shape the bank’s board composition and senior leadership continuity.

Key procedural dates include a 16 February 2026 cut-off for participation in the shareholder director agenda, 9 March 2026 as the cut-off for attendance and voting on the tenure extension, and 27 February 2026 as the deadline for submitting nominations. By formalising these governance actions through an EGM and aligning with SEBI disclosure norms, UCO Bank underscores its compliance posture and offers investors clarity on upcoming changes in its board structure and executive management stability.

UCO Bank Warns of Potential Service Disruption Amid Nationwide Bank Strike Call

UCO Bank has disclosed that major bank unions AIBEA, BEFI and AIBOA have called for a nationwide bank strike on 12 February 2026, following a broader industrial action led by central trade unions. The bank says it is taking measures to keep branches and offices functioning, but warns that operations may nonetheless be disrupted if the strike proceeds, potentially affecting customers and routine banking services.

The disclosure, made to stock exchanges under regulatory reporting requirements, signals possible short-term operational challenges while underscoring the influence of industry-wide labour actions on public sector banks. Any disruption could temporarily impact transaction volumes and service delivery, though the bank’s advance notice and contingency planning aim to mitigate customer inconvenience and reassure market participants.

UCO Bank Warns of Possible Operational Disruptions Amid UFBU Strike Call on January 27

UCO Bank has notified the stock exchanges that the United Forum of Bank Unions (UFBU), along with the All India Bank Officers’ Association, has issued a nationwide bank strike call for 27 January 2026 to press for their demands. While the bank states it is taking necessary measures to ensure smooth functioning of its branches and offices, it cautions that operations may nevertheless be affected if the strike proceeds, signaling potential short-term disruption for customers and routine banking services.

UCO Bank Publishes Analyst Earnings Call Recording on Website

UCO Bank has notified the stock exchanges that the audio and video recording of its post-earnings call with analysts held on 20 January 2026 has been uploaded to the bank’s website. By making the proceedings of the analyst meet publicly accessible, the bank is reinforcing its disclosure practices and facilitating greater transparency for investors and other stakeholders regarding its financial performance and outlook discussed during the call.

UCO Bank Trims MCLR and TBLR Benchmarks Effective 11 January 2026

UCO Bank’s Asset Liability Management Committee has revised its benchmark lending rates effective 11 January 2026, marginally reducing the MCLR across all tenors by 5 basis points, with the one-year MCLR now set at 8.75%. The bank has also cut its three-, six- and twelve-month TBLR benchmarks by up to 10 basis points and adjusted the 10-year G-sec par yield to 6.78%, while keeping the one-year G-sec benchmark, repo-linked lending rates, base rate and BPLR unchanged, signaling a modest easing in lending costs for borrowers without altering legacy and repo-linked pricing structures.

UCO Bank Closes Trading Window Ahead of Q3 FY2025-26 Results

UCO Bank has announced that its trading window for dealing in the bank’s shares will be closed from 1 January 2026 until 48 hours after the disclosure of its financial results for the quarter ended 31 December 2025, in compliance with SEBI’s Prohibition of Insider Trading Regulations, 2015. The bank has notified stock exchanges and internal stakeholders of this restriction and indicated that the date of the board meeting to approve these quarterly results will be communicated later, underscoring its adherence to regulatory norms on insider trading and disclosure practices for the protection of investors and market integrity.