UCO Bank (UCOBANK) — Announcement

1 Announcement Neutral 📄 PDF

📢 Key Event
UCO Bank reports robust deposit and credit growth with improved asset quality metrics for Q1 FY27

🔮 What's Next
Targeting 15% credit growth and 12% deposit growth in FY27

💡 Investor Takeaway
Shareholders benefit from accelerating growth and improving profitability amid macro stability.

UCO Bank reported strong YoY growth in deposits (11.28%) and credit (21.18%) as of June 2026, with gross NPA at 2.08% and net NPA at 0.25%. Net profit reached ₹656 crores, up 27.67% YoY, driven by a 79.85% surge in operating profit to ₹2810 crores. The bank maintained a healthy PCR of 97.85% and expanded digital advances sixfold. Capital adequacy improved with CET1 at 17.2% and CRAR at 15.3%. Forward guidance includes targeting 15% credit growth and 12% deposit growth in FY27 amid 6.6% GDP growth projections.

2 Announcement Neutral 📄 PDF

📢 Key Event
UCO Bank Q1 FY2026-27 results show robust growth in advances and deposits

🔄 What Changed
Gross NPA down 55 bps to 2.08%; Net NPA down 20 bps to 0.25%; CRAR at 19.03%

💡 Investor Takeaway
Shareholders see improved asset quality and profitability with declining NPAs and strong deposit growth.

UCO Bank reported Q1 FY2026-27 results showing strong growth in total business to ₹6,05,083 crores (+15.53% YoY), driven by 21.18% YoY growth in gross advances to ₹2,72,768 crores and 11.28% YoY growth in deposits to ₹3,32,315 crores. Net profit rose 8.05% YoY to ₹656 crores, while gross NPA declined 55 bps to 2.08% and net NPA fell 20 bps to 0.25%. The bank improved operational efficiency with business per employee reaching ₹28.47 crores and expanded its branch network to 3,421 domestic branches.

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