Union Bank of India (UNIONBANK) — Financial Results | 15 July 2026(3 announcements)

Union Bank of India reported a net profit of [amount context mismatch] crores for Q1 FY2027, up 29.57% YoY from ₹4116 crores, with net interest income rising to ₹10037 crores (+15.83% YoY). The net interest margin improved to 2.80% from 2.64% QoQ, and return on assets reached 1.36% versus 1.11% a year earlier. Gross NPA remained flat at 2.65% YoY, while net NPA held steady at 0.47%. Capital adequacy ratio stood at 18.10% as of June 2026, with plans to raise ₹8,000 crores in capital by FY27. Digital platforms gained significant traction, adding 11 lakh new users to the Union Ease App and processing 4 billion UPI transactions in the quarter.

Union Bank of India reported net profit of ₹5,332 crores for Q1FY27, up 29.57% YoY, driven by 7.46% YoY growth in total business to ₹23,79,697 crores and 3.50% YoY deposit growth to ₹12,83,366 crores. Gross NPA declined 87 bps to 2.65% and CET-1 ratio improved to 16.38%. The bank added 3.45 crores PMJDY accounts with ₹15,943 crores balance.

Union Bank of India reported unaudited standalone net profit of [amount context mismatch] crores for Q3 FY26, up from [amount not verified] YoY, driven by a 69.9% surge in interest income to [amount not verified] and a 10.5% rise in total income to [amount not verified], while operating expenses declined 3.2% YoY to [amount not verified], resulting in a 10.5% YoY increase in net profit; the consolidated results also showed strong segment growth with Treasury assets at [amount not verified]trillion and Retail at [amount not verified]trillion, though the limited review scope excludes Basel III metrics and certain branch data, and the filing confirms ₹17,083 crores raised in listed debt securities with no fund utilization deviations.