Union Bank Of India Q4 Results: Profit Beats Estimates, Asset Quality Improves

 

Union Bank of India reported a rise in its standalone net profit in the fourth quarter of financial year 2024-25, beating estimates.

The bottomline of the public sector bank jumped 50.6% to Rs 4,985 crore in the January-March period, compared to Rs 3,310 crore in the year-ago period, according to a stock exchange filing on Thursday. The analysts' consensus estimates compiled by Bloomberg projected Rs 4,320.6 crore.

Net interest income rose 1% to Rs 9,514 crore versus Rs 9,437 crore last year. The Bloomberg estimate was Rs 9,373 crore.

Union Bank of India demonstrated an improvement in asset quality on a sequential basis, with gross non-performing assets ratio decreasing to 3.6% from 3.85% quarter-on-quarter, and net NPA ratio also declining to 0.63% from 0.82%.

The bank's operating profitability showed strong growth, increasing by 17.9% to Rs 7,700 crore compared to Rs 6,533 crore.

Provisions saw an increase of 22.6% year-on-year, rising to Rs 1,544 crore from Rs 1,260 crore. However, on a sequential basis, provisions saw a slight decrease of 3.4%, down to Rs 1,544 crore from Rs 1,599 crore.

The board has recommended a dividend of Rs 4.75 per equity share for fiscal 2025, subject to obtaining the necessary statutory approvals and the approval of the shareholders at the ensuing annual general meeting.

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All Banks Official Missed call balance inquiry number

Public Sector Banks

Bank	Balance Inquiry Number
Allahabad Bank	09224150150 (Missed Call Number)
Andhra Bank	09223011300 (Missed Call Number)
Bank of Baroda	09223011311 or 08468001111 (Missed Call Number)
Bank of India	09015135135 or 09266 135135 (Missed Call Number)
Bank of Maharashtra	After getting TPin from Branch Call on 1802334526 (toll free) Write SMS BalAVL<SPACE>AccountNo<Space>YourMpin and Send it to 997549499
Bhartiya Mahila Bank	09212438888 (Missed Call Number)
Canara Bank	09015483483 (Missed Call Number) 09015734734 (For English) and 09015613613 (For Hindi) (Mini statement)
Central Bank of India	09222250000 (Missed Call Number)
Corporation Bank	Hindi, 09289792898 or 919289792897        English, 09268892688 or 919268892688 (only 3 times a day) (Both are Missed Call Number)
Dena Bank	09289356677 or 09278656677  (Missed Call Number)
IDBI Bank	09212993399 or 18008431122  (Missed Call Number) 18008431133  (Mini statement)
Indian Bank	09289592895 (Missed Call Number) Write a message BALAVL AccNo mPin and sent it to 944439443 (charge may apply)
Indian Overseas Bank	04442220004 (Missed Call Number) Write Message ACT acc.no send to +919551099007(Balance Inquiry)
Oriental Bank of Commerce	Write message ACBAL AccountNumberand send to 9915622622 (Balance Inquiry) Write message STMA AccountNumber and send to 09915622622  (Mini statement)
Punjab & Sind Bank	1800221908 or 02227811200 (Missed Call Number)
Punjab National Bank	18001802222  or 01202490000  (Missed Call Number)
State Bank of India	09223766666 or 092238666666  (Missed Call Number) 1800112211 or 18004253800 (SBI toll free number)
Syndicate Bank	09664552255 or 08067006979  (Missed Call Number)
UCO Bank	09278792787 (Missed Call Number)
Union Bank of India	09223008586 (Missed Call Number) Write message UBAL and send it to 09223008486 (Bal. Inq.) Write message UMNS and send to 09223008486 (Mini statement)
United Bank of India	Write message BAL YourMpin and send it to 9223173933 Write message MINI YourMpin and send it to 9223173933 (Mini statement)
Vijaya Bank	18002665555 (Toll free number)

Private Sector Banks

Axis Bank	18004195959 or 18004195858 (Toll free number) 18004196868 (Mini statement) 09225892258 (Missed Call Number)
Bandhan Bank	09223008666 (Missed Call Number) 09223008777- Mini Statement
Catholic Syrian Bank	09895923000 (Missed Call Number)
City Bank	Write BAL<space>last four digits of debit/credit card number and send it to 9880752484 or 52484 (sms charge apply)
DCB Bank	7506660011 (Missed Call Number) Write message BAL and send it to 9821878789
Dhanlaxmi Bank	08067747700 (Missed Call Number)
Federal Bank	08431900900 (Missed Call Number) Write message as- ACTBAL ACCOUNT_NUMBER and send to 9895088888
HDFC Bank	18002703333 (Toll free number)
ICICI Bank	02230256767 (Missed Call Number)
IDFC Bank	18002700720 (Toll free number)
IndusInd Bank	Write message BAL and send it to 9212299955 Write message MINI and send it to 9212299955
Karnataka Bank	18004251445 (Toll free number) 18004251446 - Mini statement
Kotak Mahindra Bank	18002740110 (Toll free number)
Karur Vysya Bank	09266292666 (Missed Call Number) 09266292665 - Mini statement
Lakshmi Vilas Bank	LVB<space>BAL<space><customerNumber> and send to 09282441155
RBL Bank	18004190610 (Toll free number)
South Indian Bank	09223008488 (Missed Call Number)
Tamilnad Mercantile Bank	09211937373 (Missed Call Number)
Yes Bank	09840909000 or 09223920000 or 09223921111 (Missed Call Number)

**If any changes required then comment here

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Canara Bank Q4 results: Net profit jumps 33%

On Thursday, May 8, Canara Bank revealed its January–March results, showing a 33% increase in net profit year over year to ₹5,002.7 crore. In the same quarter last year, it was ₹3,757 crore.

In comparison to ₹9,580 crore in the same quarter last year, the PSU-lender's net interest income (NII), which is the difference between interest received and interest spent, increased 1.4% year over year to ₹9,442 crore in the March quarter. 

The operating profit and NII of Canara Bank exceeded projections. In the quarter, the bank's gross nonperforming assets (GNPA) ratio decreased from 3.34% in December 2024 to 2.94%. From 0.89% in the previous quarter, the net non-performing asset ratio improved to 0.70%.

Compared to 91.26% in Q3FY25, the provision coverage ratio (PCR) was 92.70% in Q4. In contrast to the ₹2,464 crore in the previous December quarter, the bank's slippages totaled ₹2,702 crore. Additionally, the amount exceeded projections of ₹2,650 crore. For FY26, Canara Bank anticipates advance growth of 10–11%. 

 The lender wants to see a 9–10% increase in deposits together with a significant improvement in asset quality. For the fiscal year 2024–2025, the board has suggested paying a 200% dividend, or ₹4 per share, on the bank's equity shares, which have a face value of ₹2. The aforementioned dividend's record date is June 13, 2025.

Record date for the said dividend has been set as June 13, 2025.The dividend, if approved by the shareholders of the bank, will be paid after the AGM on June 13.

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Punjab National Bank(PNB) Q4 Net profit surges 52% YoY

With a net profit that increased 52% year over year (YoY) to Rs 4,567 crore from Rs 3,010 crore in Q4FY24, state-owned Punjab National Bank (PNB) announced a solid March quarter. Better asset quality and more interest revenue helped to sustain this strong growth. 

 Healthy rise in net interest income (NII) and non-interest income drove the 13.4% YoY increase in total income for Q4FY25, which came to Rs 36,705 crore. A consistent increase in lending activity was reflected in Net Interest Income (NII), which increased 4% YoY to Rs 10,757 crore. Additionally, non-interest income increased by 11% to Rs 4,716 crore.

On the operational front, PNB’s operating profit for Q4FY25 was Rs 6,776 crore, up 6% YoY, as the bank kept a check on operating expenses, which rose by only 6.1% YoY to Rs 8,697 crore.

PNB’s asset quality saw a marked improvement, with the gross non-performing assets (GNPA) ratio declining to 3.95% as of March 2025, compared to 5.73% a year ago. Net NPA (NNPA) also fell to 0.4% from 0.73%.

The bank’s provision coverage ratio (PCR), including technical write-offs, improved to 96.82%, up from 95.39% in the previous year.

For the full year FY25, PNB posted a net profit of Rs 16,630 crore, up 102% YoY. Total deposits grew 14.38% YoY to Rs 15.67 lakh crore, while global advances rose 13.56% to Rs 11.17 lakh crore.

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