Union Bank of India's Q3 FY 2025-26 Quarterly Results
- 14 Jan 2026
Result Summary
- Union Bank of India reported a 0.7% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 0.8%.
- Its expenses for the quarter were down by 1.3% QoQ and up 3.3% YoY.
- The net profit increased 14.6% QoQ and increased 9.7% YoY.
- The earnings per share (EPS) of Union Bank of India stood at 6.65 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 32001.92 | 32215.12 | 31749.18 | -0.7% | 0.8% |
Total Expenses | 25042.07 | 25370.33 | 24238.58 | -1.3% | 3.3% |
Provisions & contingencies | 322.09 | 1392.28 | 1621.86 | -76.9% | -80.1% |
Profit Before Tax | 6637.76 | 5452.51 | 5888.74 | 21.7% | 12.7% |
Tax | 1608.94 | 1171.24 | 1291.57 | 37.4% | 24.6% |
Profit After Tax | 5072.69 | 4425.95 | 4623.03 | 14.6% | 9.7% |
Earnings Per Share | 6.65 | 5.80 | 6.06 | 14.7% | 9.7% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Union Bank of India is a prominent Indian public sector bank, providing a wide array of financial services and products. With a strong presence across the nation, the bank caters to the diverse banking needs of individuals, businesses, and government entities. The bank's offerings include retail banking, corporate banking, international banking, and treasury operations. Known for its emphasis on technology-driven banking solutions, Union Bank of India has been at the forefront of adopting digital banking practices to enhance customer experiences. Although recent major developments specific to Union Bank of India are not available here, the bank operates in a highly competitive banking industry, constantly evolving with regulatory changes and technological advancements.
Revenue
In the third quarter of fiscal year 2026 (Q3FY26), Union Bank of India reported a total income of ₹32,001.92 crores. This figure represents a slight decrease of 0.7% quarter-over-quarter (QoQ) compared to ₹32,215.12 crores in Q2FY26. However, on a year-over-year (YoY) basis, there is an increase of 0.8% from ₹31,749.18 crores reported in Q3FY25. The revenue figures reflect the bank's capacity to maintain a steady income stream despite minor fluctuations in different comparative periods.
Profitability
Union Bank of India's profitability metrics for Q3FY26 show a solid performance. The profit before tax (PBT) for the quarter was ₹6,637.76 crores, marking a significant increase of 21.7% QoQ from ₹5,452.51 crores in Q2FY26 and a 12.7% rise YoY from ₹5,888.74 crores in Q3FY25. Following tax expenses of ₹1,608.94 crores, the bank recorded a profit after tax (PAT) of ₹5,072.69 crores, which is a 14.6% QoQ increase from ₹4,425.95 crores in the previous quarter and a 9.7% YoY increase from ₹4,623.03 crores in the same quarter last year. These figures are bolstered by a reduction in provisions and contingencies, which fell by 76.9% QoQ and 80.1% YoY, contributing positively to the profitability.
Operating Metrics
Union Bank of India's operational performance for Q3FY26 is highlighted by efficient cost management and improved earnings metrics. Total expenses were reported at ₹25,042.07 crores, showing a decline of 1.3% QoQ from ₹25,370.33 crores in Q2FY26, yet increased by 3.3% YoY from ₹24,238.58 crores in Q3FY25. The Earnings Per Share (EPS) stood at ₹6.65, which is an increase of 14.7% QoQ from ₹5.80 in Q2FY26 and a 9.7% increase YoY from ₹6.06 in Q3FY25. These operating results demonstrate Union Bank of India's ability to manage its expenditures effectively while enhancing shareholder value through increased earnings.