Is Union Bank Of India a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Union Bank Of India is a below average quality company .

Is Union Bank Of India undervalued or overvalued?

The key valuation ratios of Union Bank Of India's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is Union Bank Of India share price return in the past 10 years?

Union Bank Of India share price has declined -5.6% annually (CAGR) over the past ten years.

Is Union Bank Of India a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Union Bank Of India is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

Union Bank Of India - Stock Valuation and Financial Performance

Name: Union Bank Of India
Brand: Union Bank Of India

BSE: 532477 | NSE: UNIONBANK | Bank - Public | Large Cap

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Union Bank Of India Share Price

₹124.40 -0.60 -0.48%
as on 18-Dec'24 10:59

10 Year X-Ray of Union Bank Of India:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Net Interest Income (₹ Cr.)	8,444	8,313	8,903	9,305	10,215	11,437	24,688	27,786	32,765	36,570	37,064
YoY Gr. Rt. %	-	-1.6%	7.1%	4.5%	9.8%	12%	115.9%	12.6%	17.9%	11.6%	-
Total Income	35,607	35,831	37,625	37,738	38,541	42,492	80,512	80,469	95,376	1,15,858	1,23,105
YoY Gr. Rt. %	-	0.6%	5%	0.3%	2.1%	10.3%	89.5%	-0.1%	18.5%	21.5%	-
Adj EPS (₹ )	27.9	19.7	8.1	-44.9	-16.7	-8.5	4.5	7.7	12.3	17.9	20
YoY Gr. Rt. %	-	-29.6%	-58.9%	-655.7%	NA	NA	NA	68.7%	61.1%	44.9%	-
BVPS (₹ )	288.4	295.4	305.2	194.7	137.6	89.4	93	96.3	105.6	119.6	132.8
YoY Gr. Rt. %	-	2.4%	3.3%	-36.2%	-29.4%	-35%	4%	3.6%	9.7%	13.2%	-
To view Net Profit/Total Funds (%) Colour Rating Guide click here ⓘ
Net Profit/Total Funds (%)	0.5	0.3	0.1	-1.1	-0.6	-0.6	0.4	0.5	0.7	1	0.9
To view Net NPA to Net Advances (%) Colour Rating Guide click here ⓘ
Net NPA to Net Advances (%)	2.7	5.3	6.6	8.4	6.9	5.5	4.6	3.7	1.7	1	1
To view Capital Adequacy Ratio (%) Colour Rating Guide click here ⓘ
Capital Adequacy Ratio (%)	-	-	-	-	-	-	-	-	-	-	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Net Interest Income	17.7%	29.1%	14%	11.6%
Total Income	14%	24.6%	12.9%	21.5%
Adj EPS	-4.8%	NA	57.9%	44.9%
BVPS	-9.3%	-2.8%	8.8%	13.2%
Share Price	-5.6%	17.1%	41.3%	1%

Key Financial Ratios


RATIOS \ YEARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Interest Earned / Total Income	90.11	89.86	86.8	86.78	88.39	87.62	85.41	84.44	84.66	86.12	85.1
Margins	To view Margins Colour Rating Guide click here ⓘ
NIM (%)	2.3	2.2	2.1	2	2.2	2.2	2.5	2.5	2.7	2.8	2.6
Performance Ratios	To view Performance Ratios Colour Rating Guide click here ⓘ
Return on Equity (%)	10.1	7	2.7	-24	-12.5	-10.6	6.4	8.3	12.2	16.7	13.1
Liquidity Ratio	To view Liquidity Ratio Colour Rating Guide click here ⓘ
CASA (%)	29.2	32.4	34	34.1	36.1	35.6	36.3	36.5	35.3	33.6	-

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 15.90%

Total Income has increased 12.90 CAGR in last 3 years

Net Profit has increased 57.92 CAGR in last 3 years

Net NPA to Net Advances has declined versus last 3 years average

Total income growth is good in last 4 quarters

No data to display

Latest Financials - Union Bank Of India

	Standalone	Consolidated
TTM EPS (₹)	20	20.1
TTM Sales (₹ Cr.)	1,04,786	1,05,444
BVPS (₹.) ⓘ	132.8	133.5
Reserves (₹ Cr.) ⓘ	93,761	94,285
P/BV ⓘ	0.94	0.94
PE ⓘ	6.24	6.22

From the Market
52 Week Low / High (₹)	106.55 / 172.45
All Time Low / High (₹)	13.55 / 426.80
Market Cap (₹ Cr.)	95,420
Equity (₹ Cr.)	7,633.6
Face Value (₹)	10
Industry PE ⓘ	10.2

Management X-Ray of Union Bank Of India:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Union Bank Of India

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Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Union Bank Of India

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Total Income (Cr.)

ROE (%)

BVPS (Rs.)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Income	35,607	35,831	37,625	37,738	38,541	42,492	80,512	80,469	95,376	1,15,858
Interest Income	32,084	32,199	32,660	32,748	34,067	37,231	68,767	67,944	80,743	99,778
Other Income ⓘ	3,523	3,632	4,965	4,990	4,474	5,261	11,744	12,525	14,633	16,080
Expenditure	33,825	34,479	37,069	42,985	41,488	45,390	77,606	75,237	86,943	1,02,210
Interest Expense	23,640	23,886	23,757	23,443	23,852	25,794	44,079	40,157	47,978	63,208
Operating Expenses	6,143	6,302	6,438	6,655	7,168	7,516	16,766	18,438	21,931	24,440
Provisions	4,042	4,291	6,875	12,887	10,469	12,079	16,761	16,641	17,034	14,562
Profit Before Tax	2,783	1,765	342	-6,641	-3,927	-4,028	2,399	8,579	12,138	21,430
Taxes	1,002	414	-213	-1,394	-979	-1,130	-507	3,347	3,704	7,782
Profit After Tax	1,782	1,352	555	-5,247	-2,947	-2,898	2,906	5,232	8,433	13,648
Adjusted EPS (₹)	27.94	19.66	8.08	-44.90	-16.72	-8.47	4.54	7.66	12.34	17.88
Dividend Payout Ratio (%)	21%	10%	0%	0%	0%	0%	0%	25%	24%	20%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Share Capital ⓘ	636	687	687	1,169	1,763	3,423	6,407	6,835	6,835	7,634
Total Reserves ⓘ	19,125	22,204	22,748	23,928	24,724	30,363	58,070	63,741	71,499	89,335
Minority Interest	0	0	0	0	0	0	0	0	0	0
Deposits	3,16,870	3,42,720	3,75,899	4,08,502	4,15,915	4,50,668	9,23,805	10,32,393	11,17,716	12,21,528
Borrowings ⓘ	35,360	30,957	41,226	45,681	42,864	52,486	51,837	51,179	43,137	26,948
Other Liabilities	9,625	8,127	12,144	8,101	8,773	13,743	31,587	33,443	41,564	46,512
Total Liabilities ⓘ	3,81,616	4,04,696	4,52,704	4,87,380	4,94,039	5,50,683	10,71,706	11,87,591	12,80,752	13,91,958
Assets
Balance with RBI	15,063	15,605	16,520	21,016	20,796	20,118	37,880	46,113	50,254	52,898
Balance with Banks	7,315	13,671	16,302	28,425	22,250	34,988	46,530	73,388	61,896	66,405
Investments ⓘ	84,462	89,208	1,12,149	1,23,754	1,26,047	1,52,414	3,31,512	3,48,507	3,39,299	3,37,904
Advances	2,55,655	2,67,354	2,86,467	2,88,761	2,96,932	3,15,049	5,90,983	6,61,005	7,61,845	8,70,776
Net Block ⓘ	2,678	3,928	3,873	3,800	3,719	4,709	7,282	7,155	8,805	9,188
Other Assets	16,440	14,917	17,372	21,591	24,252	23,351	57,457	51,387	58,632	54,752
Total Assets ⓘ	3,81,616	4,04,696	4,52,704	4,87,380	4,94,039	5,50,683	10,71,706	11,87,591	12,80,752	13,91,958

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	-3,799	8,758	-5,804	6,170	-7,246	-7,542	20,443	36,214	5,984	20,329
Cash Flow From Investing Activity ⓘ	-255	-1,668	-523	-343	-363	-726	-583	-357	-2,408	-1,261
Cash Flow From Financing Activity ⓘ	3,359	-191	9,873	10,792	1,214	20,328	-18,676	-767	-10,926	-11,916
Net Cash Flow ⓘ	-695	6,898	3,546	16,619	-6,395	12,060	1,184	35,090	-7,350	7,152

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Operational & Financial Ratios
EPS (₹)	28	20	8	-45	-17	-8	5	8	12	18
DPS (₹)	6	2	0	0	0	0	0	2	3	4
BVPS (₹)	288	295	305	195	138	89	93	96	106	120
Margin Ratios
Yield on Advances (%)	12.6	12.0	11.4	11.3	11.5	11.8	11.6	10.3	10.6	11.5
Yield on Investments (%)	9.3	9.5	9.6	8.1	7.6	7.9	7.3	6.7	6.5	7.1
Cost of Liabilities (%)	6.7	6.4	5.7	5.2	5.2	5.1	4.5	3.7	4.1	5.1
NIM (%)	2.3	2.2	2.1	2.0	2.2	2.2	2.5	2.5	2.7	2.8
Interest Spread (%)	5.8	5.7	5.7	6.2	6.3	6.7	7.1	6.6	6.5	6.4
Performance Ratios
ROA (%)	0.5	0.3	0.1	-1.1	-0.6	-0.6	0.4	0.5	0.7	1.0
ROE (%)	10.1	7.0	2.7	-24.0	-12.5	-10.6	6.4	8.3	12.2	16.7
ROCE (%)	9.3	6.6	3.5	-7.0	-3.1	-2.9	5.6	9.5	13.0	21.3
Efficiency Ratios
Cost to Income Ratio (%)	51.3	52.8	46.4	46.6	48.8	45.0	46.0	45.7	46.3	46.4
Operating Costs to Assets (%)	1.6	1.6	1.4	1.4	1.5	1.4	1.6	1.6	1.7	1.8
Valuation Parameters
Price/Book(x)	0.5	0.4	0.5	0.5	0.7	0.3	0.4	0.4	0.6	1.3

Union Bank Of India Stock News

Union Bank Of India FAQs

What is the share price of Union Bank Of India?

Company share prices are keep on changing according to the market conditions. The closing price of Union Bank Of India on 18-Dec-2024 10:59 is ₹124.4.

What is the market cap of Union Bank Of India?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 18-Dec-2024 10:59 the market cap of Union Bank Of India stood at ₹95,420.1.

What is the P/E ratio of Union Bank Of India?

The latest P/E ratio of Union Bank Of India as of 18-Dec-2024 10:59 is 6.24.

What is the P/B ratio of Union Bank Of India?

The latest P/B ratio of Union Bank Of India as of 18-Dec-2024 10:59 is 0.94.

What is the 52-week high and low of Union Bank Of India?

The 52-week high of Union Bank Of India is ₹172.4 and the 52-week low is ₹106.5.

What is the TTM revenue of Union Bank Of India?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Union Bank Of India is ₹1,04,786 ( Cr.) .

About Union Bank Of India

Union Bank of India is one of the leading public sector banks of the country. The Bank is a listed entity and the Government of India holds stake in Bank’s total share capital. The Bank, having its headquarters at Mumbai (India), was registered on November 11, 1919 as a limited company. Today, it has a network vast network of domestic branches, ATMs, BC Points, serving many customers. The Bank also has branches in overseas countries. Union Bank of India is the first large public sector bank in the country to have implemented 100% core banking solution. Recently, Andhra Bank and Corporation Bank were amalgamated into Union Bank of India with effect from April 01, 2020. The Bank has received several awards and recognition for its prowess in technology, digital banking, financial inclusion, MSME and development of human resources.

Business area of the company

The bank is engaged in Banking Services, Government Business, Merchant Banking, Agency Business -Insurance, Mutual Funds, Wealth Management etc.

Products

Personal:

Accounts & Deposit
Loans (Retail, MSME, RABD)
Wealth Management- Insurance, Mutual Funds, Demats
Government Schemes
Financial Inclusion
Agri & Rural
Lockers/Other Services

Corporate Loans:

Loan Syndication & Debt Restructuring
Corporate FAQs
Other Services

International:

Schemes / Products / Services
NRI Services
Treasury & Other Products
Remittances

Awards

2012-13

IT Excellance Award for 'Best IT Team'Special Award for 'Technology for FI'
Special Award for 'Managing IT Risk'Best Payment InitiativesBest Technology Bank of the yearBest Risk Management & SecurityBest use of Mobility TechnologyBest Internet BankBest Use of Technology in Training and Learning Initiative
The bank was awarded the prestigious “Asian Banker IT implementation award 2007” by the Asian Banker, a Singapore based research and intelligence organization at Asian Banker Summit
In survey conducted by Business Today-KPMG, Union Bank of India was ranked 8th in the list

2014

Union Bank of India bags the Express Uptime Champion Award 2014 for its Network Operations.
Union bank has won 3 IBA banking technology awards.

2015

Union Bank of India launches Digital initiatives for its customers.
Union Bank Has Won 6 Iba Banking Technology Awards 2015-16.
Union Bank of India signs MOU with Star Union Dai-ichi Life Insurance Company.
Union Bank of India launches Tabulous Banking.

2016

Union Bank of India has been awarded the Best Bank Award for Use of Technology for Financial Inclusion among Large Banks by Institute for Development & Research in Banking Technology (IDRBT).
'Acquisition of 49% shareholding of Union KBC Asset Management Company Private Ltd and Union KBC Trustee Company Private Ltd by Union Bank of India'.

2017-18

Best Emerging Bank Award for the Year 2016-17.
Best HR practices and excelling in HR management for the year 2017 (4th time in a row).
Excellent initiatives taken in financial inclusion programs.
Excellent initiatives taken in payment processing.
Customer Services award by Infosys.

2018-19

Enhanced Access and Service Excellence (EASE) Award under PSB Reforms Agenda.
Corporate Leadership & Institutional Excellence- National Training Award.
Organization with Innovative HR practices.
Best Leadership Development program in Public sector for Top Management.
Excellence in Training & Development Award.
Best use of Technology for Training.
Innovative Training Practices in Public Sector Enterprises.
Best Financial Inclusion Initiatives amongst Large Banks.
Best Technology Bank amongst Large Banks.
Best initiatives taken in IT Risk Management and Cyber Security amongst Large Bank.
Leading Financial Inclusion Initiatives Best Performing Bank - APY Formation day.
Best Performing Bank- Quest for Crown.
‘Best SME offering’ - Innovative Financial Solution for MSMEs.
Outstanding performance in conduct of Vigilance Awareness activities

2019-20

CEO with HR Orientation by World HRD Congress.
Sustainable HR Leadership by World HRD Congress.
Best Training Methods for Knowledge Management.
Excellence in Training & Development by ET Now.
Creating Workplace of Tomorrow, IAC 2020 Corporate Awards by Peoples Lab.
SKOCH award for Banking Cyber Security, Awareness Solution, Data Security, Vulnerability Management.
CSO 100 AWARDS by IDG Security.
Innovation in cyber security for Cyber Defence Centre by Finnovity Award 2020.
Best Security Practices in organization - December 2019.
IT Risk Management & Cyber Security Initiative. - February 20, 2020.
Application Programming Interface Management (APIM) technology.
Leadership in MSME Best MSME Bank (Public Sector Bank).

Milestones

2016-17

The Bank acquired remaining 49% ownership in its Subsidiaries -- Union Asset Management Company Pvt. Ltd. and Union Trustee Company Pvt. Ltd., resulting into 100% ownership as on March 31, 2017.
Bank has also launched new products of SUD Life Insurance viz. New Aashiana Suraksha - Group Credit life insurance (home and mortgage loan customers) Adarsh - traditional life insurance product for savings & protection, Guaranteed Pension Plan for senior citizens & Aashirwaad -child benefit policy during the FY 2016-17.
Bank launched ‘Green initiative’ and other value added services under the ‘Digital and Paperless India’ programme during FY 2016-17.
Bank launched a new variant ‘Visa Platinum Debit Card’ during FY 2016-17 for premium customers with enhanced daily spending limit of Rs 1 lakh. Classic Debit Card for HUF & Partnership Accounts has been launched with an aim to serve those HUF and partnership accounts maintaining an average quarterly balance below Rs 1 lakh, thus expanding reach to the customers.
Bank launched U Control a new mobile based application for credit card customers to disable/enable their credit card transaction for any specific channel. Besides this, customer can also block the card and set his spending limit within the sanctioned limit.

2017-18

In the crucial times of GST implementation, Bank has launched Union GST Input credit to mitigate the temporary mismatches of cash flow.
Bank has launched new agri cluster scheme in 21 regions to scale up the clusters in agriculture potential districts for increasing the advances under agriculture.
Bank has launched various new products including, Union Mahila Suraksha (in association with Bajaj Allianz General Insurance Co Ltd), Union Cancer Care (in association with Cholamandalam MS General Insurance Co Ltd) and Union Health Suraksha (in association with Religare Health Insurance Co Ltd).
Bank has launched Union Sahyog Application with an aim to simplify the procedure for disseminating information about the organization and to provide a single interface across all mobile and web based payment channels.
Bank launched Visa Paywave Debit Card for all the customers irrespective of their Avg. Quarterly Balance.

2018-19

Bank has established Customer Acquisition Group (CAG) for verticalization of sourcing of business with an aim to drive sales effort in developing new partnerships for sustained business mobilization, to develop tie-ups with fin-techs for sourcing leads through digital channel, and to develop a vibrant sales culture in the organization.
The Bank has launched single point source of accessing data by branches / ROs/ FGMOs on all parameters related to credit monitoring.
The Bank launched two new variants of cards viz. Combo Card (Debit & Credit) and Rupay Contactless Card (Debit & Prepaid).

2019-20

Launched the Treasury - FX Retail, an electronic trading platform designed by Clearing Corporation of India (CCIL) which provides for buying/selling of foreign exchange by retail customers of the bank.
Launched Kisan Credit Card for Animal Husbandry and Fishery (CCAHF)
Financing to Farmers Producers Organisation (FPO) launched during the F Y 2019-20 for the direct benefit of farming community.
Bank has introduced low cost Paytivo PoS terminals for acquiring merchant business. Attractive transaction based PoS model for merchants introduced offering zero rental for merchants generating high volume and value.