Union Bank of India share price hits 52-week high after strong Q3 FY26 results - Check full details

Shares of Union Bank of India touched a fresh 52-week high on Wednesday after the lender reported a strong set of numbers for the December quarter of FY26.

The stock rose 7.15 per cent to trade at Rs 178.05 on the BSE, after touching an intraday high of Rs 180, which is also a 52-week high for the stock. The previous close was Rs 166.15. The stock opened at Rs 166.15 and moved between a low of Rs 164.90 and a high of Rs 180 during the session.

The rally in the stock came after the bank’s board approved the financial results for the quarter ended December 31, 2025.

Add Zee Business as a Preferred Source

Q3 FY26 financial performance

Union Bank of India reported a net profit of Rs 5,017 crore for the third quarter of FY26. The bank’s interest income stood at Rs 26,443 crore during the quarter.

The lender reported a return on assets of 1.35 per cent and a return on equity of 17.09 per cent for Q3 FY26, reflecting improved profitability during the period.

Business and deposit growth

The bank’s total business increased by 5.04 per cent on a year-on-year basis as of December 31, 2025. Gross advances grew 7.13 per cent year-on-year, while total deposits rose 3.36 per cent year-on-year.

As of December 31, 2025, Union Bank of India’s total business stood at Rs 22,39,740 crore. The bank’s global deposits increased by 3.36 per cent year-on-year to Rs 12,22,856 crore.

Growth in RAM segment

The bank reported strong growth in its retail, agriculture and MSME (RAM) portfolio. The RAM segment grew 11.50 per cent year-on-year during the quarter.

Within the segment, retail advances rose 21.67 per cent, and MSME advances increased 19.75 per cent on a year-on-year basis. RAM advances accounted for 58.84 per cent of domestic advances as of December 31, 2025.

Improvement in asset quality

Union Bank of India reported a reduction in non-performing assets during the quarter. Gross NPA declined by 79 basis points year-on-year to 3.06 per cent, while net NPA reduced by 31 basis points year-on-year to 0.51 per cent as of December 31, 2025.

The bank also reported healthy capital adequacy levels. The capital-to-risk-weighted assets ratio stood at 16.49 per cent at the end of December 2025. The CET-1 ratio improved to 13.94 per cent from 13.59 per cent a year ago.

Network and government schemes

As of December 31, 2025, Union Bank of India had a network of 8,671 branches, including foreign branches, along with 8,300 ATMs and 26,541 business correspondent points.

During the quarter, the bank reported new enrollments under various government-backed financial inclusion schemes, including PMJJBY, PMSBY, PMJDY and APY. Under PMJDY, the bank had opened 3.37 crore accounts with deposits of Rs 14,498 crore as of December 31, 2025.

Green and women-focused lending

The bank sanctioned 3,576 applications amounting to Rs 611 crore under the Union Nari Shakti Scheme during Q3 FY26. It also reported sanctions of Rs 34,967 crore to the renewable energy sector and Rs 1,637 crore under the Union Green Miles initiative as of December 31, 2025.