More about Union Bank of India
Fundamentals for Union Bank of India
Regulatory Filings for Union Bank of India
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Fundamentals for Union Bank of India
Business Operations:
Sector: Financial ServicesIndustry: Banks - Regional
Union Bank of India provides various banking products and services. It operates through four segments: Treasury Operations, Retail Banking Operations, Corporate and Wholesale Banking, and Other Banking Operations. The company offers savings and current accounts; term deposits; home, vehicle, education, personal, agriculture, and gold loans; loans against the property; and loans for senior citizen and pensioners, as well as products and loans for micro, small, and medium enterprises. It also provides mutual funds; life, non-life, and health insurance products; demat and online trading services; tax saving deposits; government saving schemes; and safe deposit locker and cheque collection services. In addition, the company offers corporate loans, that includes export scheme, line of credit, trade finance, working capital, project financing, and channel finance; debt structuring/restructuring, loan syndication, and structured finance services; cash management, ECGC cover, and foreign exchange services, as well as derivatives; export and import finance services; NRI banking services; and treasury and other products, and remittance services. Further, it provides app, internet, self-service, ATM, and SMS banking services; point of sale terminal and immediate payment services; and debit, credit, gift, and payroll cards. The company was incorporated in 1919 and is headquartered in Mumbai, India.
Revenue projections:
UNIONBANK's revenue projections indicate a decrease from the prior year, which may make investors hesitant. A revenue decline could harm the company's bottom line, prompting investors to be more careful, as lower earnings often signal potential issues with profitability and future performance.
Financial Ratios:
| currentRatio | 0.000000 |
|---|---|
| forwardPE | 6.755476 |
| debtToEquity | 0.000000 |
| earningsGrowth | -0.068000 |
| revenueGrowth | -0.018000 |
| grossMargins | 0.000000 |
| operatingMargins | 0.415720 |
| trailingEps | 24.230000 |
| forwardEps | 17.460000 |
Union Bank of India's low growth in earnings and revenue indicates that profits could shrink. This signals potential financial difficulties for the company, suggesting that its profitability might be under pressure.
UNIONBANK's negative gross and operating margins highlight potential financial struggles, as the company is not covering its production or operational expenses. This could lead to broader concerns about its ability to achieve profitability.
UNIONBANK's forward EPS being lower than its trailing EPS suggests that the company's earnings may decline in the current year. This could indicate financial challenges ahead for the company.
Price projections:
Over time, price projections for UNIONBANK have gradually risen, signaling growing optimism about the company's future. This upward revision reflects increasing confidence in UNIONBANK's ability to achieve strong financial results.
Recommendation changes over time:
A recent buy bias from analysts toward UNIONBANK may inspire confidence in investors, who could view the stock as a promising investment. This positive sentiment suggests that UNIONBANK might be an appealing option for those looking to grow their wealth through stock market investments.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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