Union Bank of India Limited (UNIONBANK) AI Stock Analysis

• Market Cap: ₹1.02T
• Dividend Yield: 3.54%
• Average Volume (3M): 585.17K
• Price to Earnings (P/E): 5.6
• Beta (1Y): 1.51
• Revenue Growth: 7.65%
• EPS Growth: 28.06%
• Country: IN
• Employees: 75,866
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 21.60
• Shares Outstanding: 7,633,605,500
• 10 Day Avg. Volume: 593,437
• 30 Day Avg. Volume: 585,166
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: ₹148.00
• Price Target Upside: 10.41% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 74 Outperform
• Price Target: ₹148.00 ▲(10.41% Upside)

Union Bank of India demonstrates strong financial performance with robust revenue growth and profitability, which is the most significant factor in its score. The stock's valuation is attractive, supported by a low P/E ratio and a solid dividend yield. Technical indicators suggest a neutral market momentum, slightly offsetting the positive financial and valuation aspects.

Union Bank of India Limited Business Overview & Revenue Model

Company Description

Union Bank of India provides various banking products and services. It operates through four segments: Treasury Operations, Retail Banking Operations, Corporate and Wholesale Banking, and Other Banking Operations. The company offers savings and current accounts; term and recurring deposits; and demat and online trading accounts. It also provides retail loans, including home, vehicle, education, and personal loans; loans against the property; and loans for pensioners, as well as products and loans for micro, small, and medium enterprises. In addition, the company offers mutual funds, life, non-life, health, and general insurance products, and tax saving deposits; government saving schemes, tax collection services, pension products, and departmentalized ministries accounts; short term, long term, and other credit for agricultural/SSI/tertiary sectors; and safe deposit locker and cheque collection services. Further, it provides corporate loans comprising Covid emergency line of credit, trade finance, working capital, lines of credit, project financing, and channel finance; debt structuring/restructuring, loan syndication, structured finance, mergers and acquisition advisory, and private equity services; cash management, ECGC cover, and foreign exchange services, as well as derivatives; export and import finance services; NRI banking services; and treasury and other products, and remittance services. Additionally, the company offers app, internet, self-service, ATM, and SMS banking services; point of sale terminal and immediate payment services; and combo, debit, credit, gift, prepaid, and payroll cards. As of March 31, 2022, it operated 8,870 branches in India; 3 overseas branches at Hong Kong, Dubai, and Sydney; 1 representative office in Abu Dhabi; and 11,232 ATMs. The company was incorporated in 1919 and is headquartered in Mumbai, India.

How the Company Makes Money

Union Bank of India Limited makes money primarily through interest income from its lending activities, which include personal, home, and business loans. The bank also earns revenue from fees and commissions on various banking services, including processing fees for loans, transaction fees from debit and credit card usage, and charges for account maintenance. Additionally, the bank generates income through its treasury operations by investing in government securities, bonds, and other financial instruments. Union Bank of India also benefits from partnerships and collaborations with financial technology firms and other institutions, which enhance its service offerings and contribute to its earnings.

Union Bank of India Limited Financial Statement Overview

Summary

Union Bank of India shows strong financial performance with robust revenue growth, solid profitability, and efficient cash generation. The balance sheet is stable with manageable debt levels, although continuous monitoring is required.

Income Statement

Union Bank of India has shown a strong revenue growth trajectory, with a significant increase in total revenue from 2024 to 2025. The net profit margin and gross profit margin are robust, indicative of efficient cost management and profitability. Despite fluctuations in EBIT and EBITDA margins over the years, the latest metrics indicate solid operational profitability.

Balance Sheet

The bank maintains a healthy equity ratio, suggesting a stable capital structure with adequate assets backing liabilities. The debt-to-equity ratio is moderate, indicating manageable leverage levels. Return on equity has improved, reflecting enhanced shareholder value creation. However, the total debt level, while controlled, requires continuous monitoring.

Cash Flow

The cash flow analysis reveals strong free cash flow growth, reinforcing Union Bank's ability to generate cash from operations. The operating cash flow to net income and free cash flow to net income ratios are favorable, indicating efficient cash conversion. Despite previous years' fluctuations, the current cash flow situation is solid.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	924.10B	1.30T	1.19T	951.64B	817.54B	831.66B
Gross Profit	576.86B	592.46B	551.78B	471.32B	413.75B	225.80B
EBITDA	184.69B	245.08B	224.92B	128.91B	93.04B	42.37B
Net Income	180.27B	180.27B	137.97B	85.12B	52.65B	28.63B
Balance Sheet
Total Assets	15.11T	15.11T	14.02T	12.88T	11.94T	10.82T
Cash, Cash Equivalents and Short-Term Investments	1.32T	1.32T	1.20T	1.13T	1.20T	847.63B
Total Debt	274.90B	274.90B	269.74B	621.40B	543.40B	558.49B
Total Liabilities	13.97T	13.97T	13.04T	12.10T	11.23T	10.18T
Stockholders Equity	1.14T	1.14T	975.98B	788.04B	708.61B	647.38B
Cash Flow
Free Cash Flow	0.00	158.10B	295.94B	30.46B	355.89B	198.08B
Operating Cash Flow	0.00	174.79B	312.42B	61.11B	363.39B	205.27B
Investing Cash Flow	0.00	-18.91B	-13.94B	-25.61B	-5.58B	-6.01B
Financing Cash Flow	0.00	-35.50B	-114.89B	-106.54B	-7.86B	363.47B

Union Bank of India Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 134.05
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:UNIONBANK, the sentiment is Neutral. The current price of 134.05 is above the 20-day moving average (MA) of 133.35, above the 50-day MA of 133.70, and above the 200-day MA of 125.42, indicating a bullish trend. The MACD of 1.46 indicates Negative momentum. The RSI at 48.49 is Neutral, neither overbought nor oversold. The STOCH value of 50.36 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:UNIONBANK.

Union Bank of India Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
UNIONBANK	74 Outperform	₹1.02T	5.62	―	3.54%	7.65%	28.06%
BANKBARODA	74 Outperform	1.28T	6.71	14.14%	3.36%	7.78%	2.18%
IDBI	72 Outperform	963.20B	12.26	12.38%	2.34%	16.28%	25.78%
CANBK	70 Outperform	1.07T	5.95	16.64%	3.39%	9.22%	18.54%
PNB	68 Neutral	1.24T	7.61	13.88%	2.69%	15.52%	37.23%
BANKINDIA	67 Neutral	529.25B	5.74	11.83%	3.48%	18.55%	31.54%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%

Union Bank of India Limited Corporate Events

Union Bank of India Credit Rating Upgraded by S&P Global

Union Bank of India has announced an upgrade in its issuer credit ratings by S&P Global Ratings, moving from ‘BBB-/Positive/A-3’ to ‘BBB/Stable/A-2’. This upgrade reflects the bank’s improved financial position and aligns with the recent sovereign credit rating upgrade of India, indicating positive economic growth prospects and enhanced stability for the country’s financial institutions.

Union Bank of India Reports Strong Growth in Domestic Retail Advances

Union Bank of India has reported a year-on-year growth in its total business by 5.01% as of June 30, 2025. The bank’s domestic RAM advances increased by 10.31%, while domestic retail advances saw a significant rise of 25.60%. These figures indicate a strong performance in the domestic market, particularly in retail banking, which could enhance the bank’s competitive position and stakeholder confidence.

Union Bank of India Releases 2024-25 Sustainability Report

Union Bank of India has submitted its Business Responsibility and Sustainability Report for the fiscal year 2024-25, in compliance with SEBI regulations. This report, available on the bank’s website, outlines the bank’s commitment to sustainable business practices, potentially enhancing its reputation and stakeholder trust in the financial sector.