By BullScreen Editorial Team 
Union Bank of India reported a steady set of Q4 results 2026, with net profit rising 6.64% year-on-year to ₹5,316 crore, compared to ₹4,985 crore in the same quarter last year. The performance reflects stable earnings growth supported by improved asset quality and controlled costs.
For the full financial year FY26, the public sector lender posted a net profit of ₹18,697 crore, up from ₹17,987 crore in FY25. Operating profit for the March quarter increased 3.31% YoY to ₹7,955 crore, indicating consistent core banking performance despite margin pressures.
However, Net Interest Income (NII) saw a marginal decline of 1.14% YoY to ₹9,406 crore, as interest income fell 2.78% while interest expenses dropped 3.66%. Non-interest income also declined slightly by 2.64%, but lower operating expenses, down nearly 7%, helped support overall profitability.
On the business front, total advances grew 9.74% YoY to ₹10.78 lakh crore, while deposits increased 2.72% to ₹13.06 lakh crore. The bank continued to focus on high-growth segments, with RAM (Retail, Agriculture, MSME) advances rising 12.56% YoY. Retail loans led the growth with a 16.75% increase, followed by MSME at 18.75%.
Asset quality remained a key highlight in the Union Bank Q4 results 2026. Gross NPAs improved significantly to 2.82% from 3.52% a year ago, while Net NPAs declined to 0.48%. The provision coverage ratio strengthened to 95.03%, and credit costs sharply reduced to 0.16%, reflecting better risk management.
Profitability ratios remained stable, with Return on Assets at 1.36% and Return on Equity at 18.04%. Net Interest Margin stood at 2.64% for the quarter, while earnings per share rose to ₹27.85.
The bank also showed steady progress in deposit quality, with CASA ratio improving to 35.21%. Its network expanded to 8,697 branches, alongside growing digital reach through over 26,000 business correspondent points.
Overall, the bank earnings highlight a balanced performance, driven by asset quality improvement, steady profit growth, and focused expansion in retail and MSME segments. Investors will watch how margin trends and deposit growth evolve in the coming quarters.
| Metric | Q4 FY26 | Q4 FY25 | YoY Change |
|---|---|---|---|
| Net Profit | ₹5,316 Cr | ₹4,985 Cr | 🔼 +6.64% |
| Operating Profit | ₹7,955 Cr | ₹7,700 Cr* | 🔼 +3.31% |
| EPS | ₹27.85 | ₹26.12 | 🔼 +6.62% |
| RoA | 1.36% | 1.35% | ⬆️ Stable |
| RoE | 18.04% | — | — |
| NIM | 2.64% | — | — |
| Parameter | Q4 FY26 | Q4 FY25 | YoY Change |
|---|---|---|---|
| Interest Income | ₹26,439 Cr | ₹27,194 Cr | 🔽 -2.78% |
| Interest Expense | ₹17,033 Cr | ₹17,680 Cr | 🔽 -3.66% |
| Net Interest Income (NII) | ₹9,406 Cr | ₹9,515 Cr* | 🔽 -1.14% |
| Non-Interest Income | ₹5,412 Cr | ₹5,559 Cr | 🔽 -2.64% |
| Operating Expenses | ₹6,863 Cr | ₹7,373 Cr | 🔽 -6.92% |
| Segment | FY26 Value | YoY Growth |
|---|---|---|
| Total Advances | ₹10.78 Lakh Cr | 🔼 +9.74% |
| Total Deposits | ₹13.06 Lakh Cr | 🔼 +2.72% |
| RAM Advances | — | 🔼 +12.56% |
| Retail Loans | ₹2.53 Lakh Cr | 🔼 +16.75% |
| MSME Loans | ₹1.62 Lakh Cr | 🔼 +18.75% |
| Agriculture Loans | ₹1.83 Lakh Cr | 🔼 +2.75% |
| Metric | FY26 | FY25 | Improvement |
|---|---|---|---|
| Gross NPA | 2.82% | 3.52% | ✅ Improved |
| Net NPA | 0.48% | 0.63% | ✅ Improved |
| Provision Coverage Ratio | 95.03% | — | Strong |
| Credit Cost | 0.16% | 0.69% | 🔽 Sharp decline |
| Metric | FY26 |
|---|---|
| Capital Adequacy (CRAR) | 18.10% |
| Tier-1 Capital (CET-1) | 15.69% |
| CASA Ratio | 35.21% (↑ from 33.51%) |
Source: https://www.bseindia.com/xml-data/corpfiling/AttachLive/798af992-3ffb-4e7b-b3de-1fd905ff1f03.pdf