Union Bank of India (UNIONBANK) — Financial Results | 1 February 2025

· NSE 🔴 High Importance Neutral
By StockFin Research Team AI-Assisted Analysis Source: BSE/NSE Filings

Union Bank of India reported a 28.2% YoY jump in net profit to ₹4,604 crores for Q3 FY25, driven by 25% growth in non-interest income and improved asset recovery, while maintaining a 1.3% ROA and 17.75% ROE. Gross NPA stood at 3.85% and net NPA at 0.82%, with recovery guidance on track at ₹16,000 crores for the fiscal year. The bank emphasized sustainable growth amid macro headwinds, targeting 11-13% credit growth and maintaining a 2.94% NIM, supported by digital initiatives like Vyom with 3 crore customers onboarded.

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About Union Bank of India (UNIONBANK)

Financial Services · Banks · Listed on NSE

Market Cap: ₹1,23,618.61 Cr P/E: 6.6

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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