Union Bank Q1 FY27 earnings call transcript filed with exchanges
UNIONBANK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Union Bank filed the transcript of its Q1 FY27 post-earnings call held on July 15, 2026. MD Asheesh Pandey reported the highest ever quarterly profit, ROA steady at 1.36 percent, NIM improved to 2.80 percent from 2.64 percent earlier, operating profit above 8000 crore rupees, and capital adequacy at 18.46 percent. Bank shed 18000 to 20000 crore rupees of bulk deposits to cut funding cost. Management guides for further NIM improvement and credit growth at industry plus 1 percent. ECL requirement is 11300 crore rupees, of which 5500 crore rupees already provisioned including 800 crore rupees this quarter.
Management guides NIM to expand beyond 2.80 percent. Around 6000 crore rupees ECL provisioning still pending over coming quarters. Asset quality and capital remain strong.