The Board of Directors of Union Bank of India today approved the accounts of the Bank for the Quarter ended December 31, 2025.
Key Highlights in Q3FY26
1. Financial Performance:
Net Profit of the Bank stood at Rs. 5,017 Crores during Q3FY26. Interest income of Bank stood at Rs. 26,443 Crores during Q3FY26.
2. Business Growth:
Total Business of the Bank increased by 5.04% YoY, wherein Gross Advances increased by 7.13% YoY & Total Deposit grew by 3.36% YoY. Bank has a total Business of Rs. 22,39,740 Crores as on December 31, 2025.
3. Deposit Growth:
Global deposits have increased by 3.36% YoY. Bank now has total deposits base of Rs. 12,22,856 Crores as on December 31, 2025.
4. Growth in Retail, Agri and MSME (RAM) segments:
RAM Segment of the Bank increased by 11.50% YoY, with in which 21.67% growth in Retail and 19.75% growth in MSME advances is achieved on YoY basis. RAM advances as a percent of Domestic Advances stood at 58.84%.
5. Reduction in NPA:
Gross NPA (%) reduced by 79 bps on YoY basis to 3.06% and Net NPA (%) reduced by 31 bps on YoY basis to 0.51% as on 31.12.2025.
6. Strong Capital Ratios:
CRAR stood at 16.49% as on 31.12.2025. CET-1 ratio improved from 13.59% as on 31.12.2024 to 13.94% as on 31.12.2025.
7. Returns:
Bank’s Return on Assets & Return on Equity stands at 1.35% and 17.09% respectively during Q3FY26.
Key Summary of Results
| Particulars | Quarterly | 9 Months | ||||
| Sep-25 (Q) | Dec-25 (Q) | QoQ (%) / bps | Dec-24 (9M) | Dec-25 (9M) | YoY (%) / bps | |
| Total Business | 22,09,828 | 22,39,740 | 1.35 | 21,32,229 | 22,39,740 | 5.04 |
| Global Deposits | 12,34,621 | 12,22,856 | -0.95 | 11,83,065 | 12,22,856 | 3.36 |
| Current | 63,010 | 67,752 | 7.53 | 66,912 | 67,752 | 1.26 |
| Savings | 3,38,844 | 3,47,342 | 2.51 | 3,28,416 | 3,47,342 | 5.76 |
| CASA | 4,01,854 | 4,15,094 | 3.29 | 3,95,328 | 4,15,094 | 5.00 |
| CASA (%)-domestic | 32.56 | 33.96 | 140 | 33.43 | 33.96 | 53 |
| CD Ratio (%) | 79.67 | 83.89 | 422 | 80.38 | 83.89 | 351 |
| Retail | 2,38,506 | 2,45,541 | 2.95 | 2,01,812 | 2,45,541 | 21.67 |
| Agriculture | 1,68,405 | 1,75,294 | 4.09 | 1,85,284 | 1,75,294 | -5.39 |
| MSME | 1,47,395 | 1,56,203 | 5.98 | 1,30,437 | 1,56,203 | 19.75 |
| RAM Advances | 5,54,306 | 5,77,038 | 4.10 | 5,17,533 | 5,77,038 | 11.50 |
| Gross Advances | 9,75,207 | 10,16,884 | 4.27 | 9,49,164 | 10,16,884 | 7.13 |
| Earnings | ||||||
| Interest Income | 26,191 | 26,443 | 0.97 | 78,715 | 79,553 | 1.06 |
| Non-Interest Income | 4,996 | 4,541 | -9.10 | 14,254 | 14,023 | -1.62 |
| Interest Expenditure | 17,378 | 17,115 | -1.51 | 51,016 | 52,300 | 2.52 |
| Operating Expenses | 6994 | 6927 | -0.96 | 18,564 | 20,611 | 11.03 |
| Net Interest Income | 8,812 | 9,328 | 5.85 | 27,700 | 27,253 | -1.61 |
| Operating Profit | 6,814 | 6,942 | 1.87 | 23,390 | 20,664 | -11.65 |
| Net Profit | 4,249 | 5,017 | 18.07 | 13,002 | 13,381 | 2.91 |
| Ratios | ||||||
| NIM (%) | 2.67 | 2.76 | 9 | 2.94 | 2.72 | -22 |
| Cost of Deposits (%) | 5.48 | 5.31 | -17 | 5.49 | 5.44 | -5 |
| Yield on Advances (%) | 8.34 | 8.27 | -7 | 8.73 | 8.37 | -36 |
| Cost to Income Ratio (%) | 50.65 | 49.95 | -70 | 44.25 | 49.94 | 569 |
| RoA (%) | 1.16 | 1.35 | 19 | 1.24 | 1.20 | -4 |
| RoE (%) | 15.08 | 17.09 | 201 | 16.71 | 15.20 | -151 |
| Gross NPA (%) | 3.29 | 3.06 | -23 | 3.85 | 3.06 | -79 |
| Net NPA (%) | 0.55 | 0.51 | -4 | 0.82 | 0.51 | -31 |
| PCR (%) | 95.13 | 95.13 | 0 | 93.42 | 95.13 | 171 |
| Credit Cost (%) | 0.22 | 0.09 | -13 | 0.81 | 0.26 | -55 |
| CET-1 (%) | 14.37 | 13.94 | -43 | 13.59 | 13.94 | 35 |
| CRAR (%) | 17.07 | 16.49 | -58 | 16.72 | 16.49 | -23 |
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