UNION BANK OF INDIA Q4 FY26 Results

Summary

Union Bank of India concluded FY26 with a robust performance, reporting a Net Profit of ₹18,697 crore, a 3.95% increase year-on-year. For the fourth quarter of FY26, net profit grew by 5.96% to ₹5,316 crore, supported by a 5.93% rise in Net Interest Income to ₹27,474 crore. The bank demonstrated strong asset quality improvement, with Gross NPA ratio significantly dropping by 78 bps year-on-year to 3.06% and Net NPA ratio at 0.51%. Growth in Gross Advances stood at 12.56%, reaching ₹10,78,611 crore, while total deposits increased by 3.72% to ₹13,06,891 crore. The bank also maintained a strong capital position with a CRAR of 18.10% and declared a dividend of ₹5.00 per share.

Key Highlights

1. 1

   Union Bank of India reported a Net Profit of ₹18,697 crore for the full financial year 2026, marking a 3.95% year-on-year increase.

2. 2

   For the fourth quarter of FY26, the bank's Net Profit stood at ₹5,316 crore, growing by 5.96% compared to the previous year.

3. 3

   Net Interest Income for FY26 reached ₹1,05,992 crore, with Q4FY26 NII increasing by 5.93% year-on-year to ₹27,474 crore.

4. 4

   Gross Advances expanded significantly by 12.56% year-on-year to ₹10,78,611 crore as of March 31, 2026.

5. 5

   Asset quality showed robust improvement, with the Gross NPA ratio declining by 78 basis points year-on-year to 3.06% and Net NPA ratio at 0.51% by year-end.

6. 6

   The Capital to Risk-weighted Assets Ratio (CRAR) improved to 18.10% as of March 31, 2026, compared to 14.98% on the same date last year.

7. 7

   The bank announced a dividend of ₹5.00 per share for the financial year 2026, representing 50% of the face value of ₹10 per share.