Union Bank Q4 Results Preview: PSU's PAT likely to slide 10% to Rs 4,490 crore, overall mixed performance expected

Union Bank of India Q4 FY26 Results Preview: Mumbai-headquartered PSU lender Union Bank of India is scheduled to report its financial results on Thursday, April 23. Analysts expect the state-run lender to stage a mixed overall performance for the quarter ended March 31, with moderate business growth and declining other income. Its asset quality is estimated to be largely steady, with a marginal reduction in gross bad loans.

Union Bank of India Q4 FY26 Earnings Preview: What to expect in the bottom line?

According to Zee Business research, Union Bank of India is estimated to register a net profit of Rs 4,490 crore for the quarter ended March 31, which translates to a slide of 9.9 per cent from its net profit for the corresponding period a year ago.

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For the quarter ended December 31, the PSU bank had reported a net profit of Rs 4,985 crore.

Union Bank Q4 Earnings Preview: Interest income

The state-run lender is expected to post quarterly net interest income (NII) of Rs 9,560 crore, up 0.5 per cent on a year-on-year basis.

Its net interest income had stood at Rs 9,510 crore for the December quarter.

Net interest income is a key measure of a financial institution's revenue. It is the difference between the interest earned and the interest paid.

Union Bank of India asset quality seen remaining steady

Analysts expect the bank's asset quality to largely remain stable.

Its gross non-performing assets (GNPAs) -- or gross bad loans -- are pegged at 2.9 per cent of total loans in the March quarter, versus 3.1 per cent in the previous three months.

The bank's net non-performing assets (NNPAs) -- or net bad loans -- are expected to remain flat sequentially at 0.5 per cent.

Union Bank of India Q3 FY26 earnings

For the October-December period, the PSU bank posted a net profit of Rs 5,017 crore with net interest income at Rs 26,443 crore.

Its gross advances grew 7.1 per cent while total deposits rose 3.36 per cent.

The lender's total business increased 5.0 per cent to Rs 22.4 lakh crore. Read more on Q3 results

UNIONBANK shares

The Union Bank of India stock (UNIONBANK) has rallied over 28 per cent so far this year, outperforming declines of 6.6 per cent and 4 per cent in the Nifty 50 and Nifty Bank, respectively.

Union Bank of India shares are part of the 14-scrip Nifty Bank index.

At the current level, Union Bank of India (Rs 1,49,390 crore mcap) is the country's second largest public sector lender, after State Bank of India (Rs 1,019,522 crore).

Union Bank shares vs Nifty50 vs Nifty Bank

As of April 22, Union Bank of India shares have rallied nearly 54 per cent in a year, sharply outperforming the Nifty 50 (1.0 per cent) and Nifty Bank (3.1 per cent).