Union Bank of India has informed the Exchange regarding a press release dated April 23, 2026, titled "Press Release on the Financial Results of the Bank for the Quarter/Year ended on March 31, 2026".
UNIONBANK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 6.7 pts less than Nifty 100 and 5.7 pts less than its Public Sector Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Union Bank of India reported strong Q4 FY26 results with net profit of Rs 5,316 crore, up 6.64% YoY. For the full year FY26, net profit grew 3.95% to Rs 18,697 crore. The bank achieved significant asset quality improvement with GNPA declining to 2.82% from 3.60% (improvement of 78 bps YoY) and NNPA at 0.48%. Capital adequacy remains robust at 18.10% CRAR with CET-I of 15.69%. However, NIM compressed to 2.64% from 2.87% in Q4 last year, indicating margin pressure from competitive lending rates. Global advances grew 9.74% YoY to Rs 10.79 lakh crore, with RAM advances up 12.56%. CASA ratio improved to 35.21% from 33.51%, reflecting better deposit quality. Credit cost improved sharply to 0.16% from 0.69% YoY.
The bank delivered profit growth driven by lower provisioning costs and improved asset quality, but NIM compression is a concern for net interest income. Strong capital position and declining NPAs support the stock, though margin pressure may limit near-term upside.