Union Bank of India has informed the Exchange that Board of Directors at its meeting held on April 23, 2026, recommended Final Dividend of Rs. 5 per equity share.
UNIONBANK · price
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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.
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Union Bank of India has reported audited financial results for FY2025-26 with standalone net profit of Rs 18,69,714 lakh, up 3.95% from Rs 17,98,714 lakh in the previous year. Total income remained nearly flat at Rs 1,25,42,702 lakh compared to Rs 1,25,72,185 lakh last year. The bank has recommended a final dividend of Rs 5 per equity share (50% of face value Rs 10) subject to shareholder approval. Asset quality improved significantly with gross NPA ratio declining to 2.82% from 3.60% and net NPA to 0.48% from 0.63%. Provisions for non-performing assets reduced substantially to Rs 2,33,725 lakh from Rs 7,30,849 lakh. Capital Adequacy Ratio stands at 18.10% with CET1 ratio at 15.69%.
Positive for shareholders with profit growth, improved asset quality, and dividend recommendation, though revenue remained flat and operating margins compressed year-on-year.