Union Bank Net Profit Rises 11.87%, NPA Declines in Q1FY26

Lucknow | 23 July 2025 : Union Bank of India has reported a steady growth in its net profit for the first quarter of the current financial year. The Board of Directors has approved the bank’s accounts for the quarter that ended on June 30, 2025.

Net Profit Up, Interest Income Grows

The net profit has increased by 11.87% year-on-year (YoY) in Q1FY26. The bank’s interest income has also grown by 3.53% YoY during the same period.

Business Crosses Rs. 22 Lakh Crore Mark

The total business of Union Bank has grown by 5.01% YoY. Gross advances have jumped by 6.83% YoY, while total deposits have grown by 3.63% YoY. As of June 30, 2025, the bank’s total business stands at Rs. 22,14,422 Crore.

Deposits and Advances Rise

Global deposits have shown a growth of 3.63% YoY, reaching Rs. 12,39,933 Crore by the end of June 2025. The RAM segment (Retail, Agriculture and MSME) has seen a growth of 10.34% YoY. Within this, retail loans rose by 25.63%, and MSME advances grew by 17.65% YoY. RAM advances now form 58.11% of domestic advances.

Gross and Net NPA Improve

Union Bank has improved its asset quality. Gross NPA has dropped by 102 basis points (bps) YoY to 3.52% as of June 30, 2025. Net NPA stands lower by 28 bps, now at 0.62%.

Capital Ratios and Returns Get Stronger

The bank’s CRAR (Capital to Risk Weighted Assets Ratio) has improved from 17.02% (June 2024) to 18.30% (June 2025). The CET-1 ratio has increased from 13.81% to 15.30%. Return on Assets (RoA) is at 1.11%, and Return on Equity (RoE) is at 15.15% for Q1FY26.

Focus Remains on Stronger Performance

With steady growth in net profit and better asset quality, Union Bank of India continues to strengthen its position in the banking sector.

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