Union Bank of India has announced its financial results for the quarter and year ended March 31, 2026, demonstrating sustained growth. The bank reported an annual net profit of ₹18,669.14 crore for the year. Demonstrating its commitment to shareholder value, the Board has recommended a dividend of ₹5 per equity share of face value ₹10 for the fiscal year 2025-26, subject to necessary approvals at the upcoming Annual General Meeting.
Strong Annual Financial Growth
The bank’s performance for the fiscal year ended March 31, 2026, reflects a steady upward trajectory. On a standalone basis, the bank achieved a net profit of ₹18,669.14 crore, marking a significant outcome for the year. This growth is supported by a total standalone income of ₹1,25,427.02 crore for the same period. The consolidated net profit for the year stood at ₹19,430.20 crore.
Strategic Dividend Payout
Reflecting confidence in its financial position and commitment to rewarding investors, the Board of Directors has recommended a final dividend of ₹5 per equity share. This payout, applicable to shares with a face value of ₹10 each, is for the 2025-26 financial year. The final implementation of this dividend distribution remains subject to the necessary statutory approvals and the consent of shareholders at the bank’s 24th Annual General Meeting.
Operational Efficiency and Asset Quality
The bank has maintained a focus on operational stability and high asset quality. As of March 31, 2026, the standalone gross non-performing assets (GNPA) ratio was reported at 2.82%, with net NPA at 0.48%. Additionally, the capital adequacy ratio (Basel III) remains strong at 18.10%, providing a solid foundation for future lending activities and business expansion.
Future Outlook and Developments
During the fiscal year, the bank successfully raised ₹3,000 crore through the issuance of long-term infrastructure bonds, further strengthening its capital structure. Furthermore, the bank has continued to improve its provision coverage ratio, which stood at 95.03% at the close of the financial year. These strategic moves underscore the bank’s focus on maintaining long-term financial health while navigating evolving market conditions.
Source: BSE
