Overall Fundamental outlook

Business Operations:

Sector: Financial Services
Industry: Banks - Regional

Union Bank of India provides various banking products and services. It operates through four segments: Treasury Operations, Retail Banking Operations, Corporate and Wholesale Banking, and Other Banking Operations. The company offers savings and current accounts; term deposits; home, vehicle, education, personal, agriculture, and gold loans; loans against the property; and loans for senior citizen and pensioners, as well as products and loans for micro, small, and medium enterprises. It also provides mutual funds; life, non-life, and health insurance products; demat and online trading services; tax saving deposits; government saving schemes; and safe deposit locker and cheque collection services. In addition, the company offers corporate loans, that includes export scheme, line of credit, trade finance, working capital, project financing, and channel finance; debt structuring/restructuring, loan syndication, and structured finance services; cash management, ECGC cover, and foreign exchange services, as well as derivatives; export and import finance services; NRI banking services; and treasury and other products, and remittance services. Further, it provides app, internet, self-service, ATM, and SMS banking services; point of sale terminal and immediate payment services; and debit, credit, gift, and payroll cards. The company was incorporated in 1919 and is headquartered in Mumbai, India.

Revenue projections:

Revenue projections for UNIONBANK
Revenue projections for UNIONBANK

UNIONBANK's revenues are expected to fall below last year's, and this forecast tends to raise concerns among investors. A revenue drop can negatively impact the company's profitability, making investors more cautious about their positions due to the risks of declining financial performance.

Financial Ratios:

currentRatio 0.000000
forwardPE 5.907106
debtToEquity 0.000000
earningsGrowth 0.239000
revenueGrowth 0.049000
grossMargins 0.000000
operatingMargins 0.476330
trailingEps 21.450000
forwardEps 17.460000

UNIONBANK's forward EPS being lower than its trailing EPS suggests the company is expected to face declining profits. This points to a less favorable financial outlook for the coming year.

Recommendation changes over time:

Recommendations trend for UNIONBANK
Recommendations trend for UNIONBANK


Analysts have shown a buy bias for UNIONBANK, marking it as a favorable investment option. This could inspire investors to see UNIONBANK as a strong place to park their money, given the positive outlook and growth potential associated with the stock in recent evaluations.