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Fundamentals 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:
With Union Bank of India's revenues expected to fall below the previous year's, investors are likely to approach the stock with caution. Declining revenues can negatively affect profitability, which makes it harder for the company to maintain investor confidence and perform well in the market.
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 both earnings and revenue signals a potential profit decline. This could be a sign of financial trouble, suggesting that the company's profitability might shrink in the near future.
Union Bank of India's negative gross and operating margins suggest that the company is currently facing financial difficulties, as it is unable to cover production and operational costs. This could result in significant losses if not addressed.
UNIONBANK's forward EPS being less than trailing EPS indicates the company's profitability is expected to decrease. This signals a potential downturn in financial performance compared to the previous year.
Price projections:
The steady upward revision of UNIONBANK's price projections indicates growing confidence in the company's future. Analysts are increasingly optimistic about UNIONBANK's potential to deliver strong results and increased market value.
Recommendation changes over time:
Analysts' buy bias for UNIONBANK signals that the stock is considered a favorable investment. This outlook might prompt investors to allocate funds to UNIONBANK, seeing it as a solid and profitable choice to park their money and potentially benefit from the company's long-term growth.
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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