Following the quarterly results announcement, Union Bank of India shares witnessed a rise of 0.53% and were trading at ₹171.45 per share on the Bombay Stock Exchange (BSE).
The bank’s Net Interest Income (NII) also showed significant growth during the June quarter, rising 10% year-on-year to ₹10,037.3 crore. In the corresponding quarter of the previous year, the NII stood at ₹9,112.5 crore. The bank’s operating profit also increased by 15.8% to ₹8,003 crore, compared with ₹6,909 crore in the same quarter last year.
Union Bank of India reported further improvement in its asset quality during the quarter. The bank’s gross Non-Performing Assets (NPA) ratio declined to 2.65%, compared with 2.82% in the previous quarter. The net NPA ratio also improved from 0.48% to 0.47%.
In absolute terms, gross NPAs declined from ₹30,400.7 crore to ₹29,093 crore. Net NPAs also reduced from ₹5,067 crore to ₹5,017 crore, indicating improvement in the bank’s loan portfolio and credit management.
During the quarter, the bank set aside a lower amount for stressed loans. Provisions declined to ₹979 crore, compared with ₹1,665 crore in the same period a year earlier. The reduction in provisions supported the bank’s profitability growth during the quarter.
Union Bank of India shares have gained nearly 2% in the last one month. However, the stock performance remained almost flat over the past six months. So far this year, the bank’s shares have risen around 14%, while investors have received returns of more than 19% over the last one year.
The bank currently has a market capitalization of ₹1,33,282.75 crore.
Union Bank of India’s latest quarterly performance reflects stronger earnings momentum, improved asset quality, and reduced provisioning pressure. The rise in profitability along with better control over non-performing assets highlights the bank’s strengthened financial position during the first quarter of FY26.
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