Union Bank Q4 Results 2026: Earnings details

Union Bank of India reported a 6.64 per cent year-on-year increase in its standalone profit after tax (PAT) to Rs 5,316 crore in the January-March quarter of FY26. The bank had posted Rs 4,985 crore in the same quarter of the previous fiscal.

Net Interest Income (NII) or core income declined by 1.14 per cent year-on-year to Rs 9,406 crore during the quarter under review against Rs 9,514 crore in the year-ago period.

Total income dropped to Rs 31,851.15 crore in the quarter under review from Rs 32,752.67 crore in January-March 2025, the lender said in a stock exchange filing.

However, asset quality improved with Gross Non-Performing Assets (GNPAs) declining to 2.82 per cent in the March quarter from 3.6 per cent in the year-ago period. Net NPAs also eased to 0.48 per cent from 0.63 per cent.

Also, the board recommended a dividend of Rs 5 per equity share of Rs 10 each for financial year 2025-26. The payment is subject to shareholders' approval.

• Net Profit up 6.6% at Rs 5,316 cr vs Rs 4,985 cr (YoY)
• NII down 1.1% at Rs 9,406 cr vs Rs 9,514 cr (YoY)
• Gross NPA: Improved (decreased) from 3.1% to 2.82% (QoQ)
• Net NPA: Improved (decreased) from 0.51% to 0.48% (QoQ)
• Provisioning: Decreased from Rs 1,544 crore to Rs 1,055 crore (YoY)
• Operating Profit: Increased from Rs 7,700 crore to Rs 7,955 crore (YoY)

Key Highlights in FY26

Financial Performance

Net Profit of the bank stood at Rs 18,697 crore during FY26. Interest income of bank stood at Rs 1,05,992 crore during FY26.

Business Growth

Total Business of the bank increased by 5.78 per cent YoY, wherein Gross Advances increased by 9.74 per cent YoY & Total Deposit grew by 2.72 per cent YoY. Union Bank of India has a total business of Rs 23,85,502 crore as on March 31, 2026.

Deposit Growth

Global deposits have increased by 2.72% YoY. Bank now has total deposits base of Rs. 13,06,891 Crores as on March 31, 2026.

Growth in Retail, Agri and MSME (RAM) segments

RAM Segment of the Bank increased by 12.56% YoY, with in which 16.75% growth in Retail and 18.75% growth in MSME advances is achieved on YoY basis. RAM advances as a percent of Domestic Advances stood at 57.49%.

Reduction in NPA

Gross NPA (%) reduced by 78 bps on YoY basis to 2.82% and Net NPA (%) reduced by 15 bps on YoY basis to 0.48% as on March 31, 2026.

Strong Capital Ratios

CRAR stood at 18.10% as on 31.03.2026. CET-1 ratio improved from 14.98% as on 31.03.2025 to 15.69% as on March 31, 2026.

Returns

Bank's Return on Assets & Return on Equity stands at 1.25% and 15.86% respectively during FY26

Union Bank Dividend 2026

Board of Union Bank today recommended a dividend of Rs 5 for the financial year 2025-26. The payment is subject to shareholders' approval.

"The Board has recommended a Dividend of Rs 5 per Equity Share of Rs 10 each for Financial Year 2025-26. The payment of Dividend is subject to obtaining the necessary statutory approvals and the approval of the shareholders of the Bank at the ensuing 24th Annual General Meeting (AGM). The date of AGM, the Book Closure for the purpose of AGM and the Dividend for the Financial Year 2025-26 will be intimated in due course," the bank said in an exchange filing.

Union Bank of India Share Price

Shares of Union Bank of India declined 6.42 per cent to Rs 182.2 apiece on the BSE in the afternoon trade.

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)

Read more news like this on www.etnownews.com