UCO Bank (NSE: UCOBANK)

India flag India · Delayed Price · Currency is INR
43.80
+0.23 (0.53%)
Dec 24, 2024, 3:30 PM IST
10.89%
Market Cap 523.67B
Revenue (ttm) 107.82B
Net Income (ttm) 21.87B
Shares Out 11.96B
EPS (ttm) 1.82
PE Ratio 24.06
Forward PE n/a
Dividend 0.28 (0.64%)
Ex-Dividend Date n/a
Volume 2,463,790
Open 43.93
Previous Close 43.57
Day's Range 43.43 - 43.99
52-Week Range 39.15 - 70.65
Beta 1.09
Analysts n/a
Price Target n/a
Earnings Date Jan 17, 2025

About UCO Bank

UCO Bank provides a range of banking and financial services in India and internationally. The company accepts deposit products, such as current accounts, saving accounts, salary accounts, PPF accounts, fixed deposits, recurring deposits, accounts in foreign currency, salary accounts, and fee collection accounts. It also provides agri, home, education, gold, personal, vehicle, and mortgage loans; finance to micro and small enterprises; working capital financing; term loans; infrastructure finance; and agriculture credit. In addition, the company... [Read more]

Sector Financials
Founded 1943
Employees 21,456
Stock Exchange National Stock Exchange of India
Ticker Symbol UCOBANK
Full Company Profile

Financial Performance

In 2023, UCO Bank's revenue was 93.59 billion, an increase of 11.20% compared to the previous year's 84.16 billion. Earnings were 16.54 billion, a decrease of -11.20%.

Financial Statements

News

PSU Bank Stocks: SBI (-0.53%), PNB (-2.03%), UCO Bank (-3.89%), IOB (-4.00%) decline as sector weakens

Public Sector Bank (PSU) stocks witnessed a mixed session today, with many stocks trading in the red. Here’s a closer look at the performance: State Bank of India (SBI) traded at ₹849.15, down by ₹4.5...

11 days ago - Business Upturn

PSU Bank stocks decline; UCO Bank (-1.18%), Bank of India (-1.30%), Punjab & Sind Bank (-1.64%) lead losses

Public sector bank (PSU Bank) stocks traded lower during intraday as of 11:19 AM, reflecting weak sentiment across the segment. Key Performances: Union Bank: Fell 0.29%, trading at ₹128.81. Bank of Ba...

13 days ago - Business Upturn

UCO Bank revises one-year MCLR to 9.05%

UCO Bank has announced revisions to its Marginal Cost of Fund-Based Lending Rate (MCLR) and Treasury Bill Linked Lending Rate (TBLR), effective December 10, 2024. The one-year MCLR has been increased ...

15 days ago - Business Upturn

PSU bank stocks today: Nifty PSU Bank index gains nearly 1%, led by UCO Bank and Bank of Baroda

The Nifty PSU Bank index is trading higher at 7,196.45, up 0.99% or 70.90 points, driven by strong performance in several public sector banks. Most constituents are trading in the green, with UCO Bank...

18 days ago - Business Upturn

PSU Banks: Central Bank up 6.8%, IOB up 6.10%, UCO Bank up nearly 9%

The Nifty PSU Bank index climbed 0.97% to trade at 7,045.20 as of December 4, reflecting strong performance in the public sector banking space. Notable gainers included Central Bank, Indian Overseas B...

21 days ago - Business Upturn

UCO Bank shares surge 8%, Central Bank of India up 7%, IOB up 6% as PSU Bank Index near 4-month high

The PSU Bank Index is trading near a 4-month high as of 11:08 am, with notable gains seen across several public sector banks: UCO Bank: ₹48.69 ▲ 7.89% Central Bank: ₹60.70 ▲ 7.02% IOB: ₹57.76 ▲ 6.08% ...

21 days ago - Business Upturn

GOI plans minority stake sale in UCO Bank, Punjab and Sind Bank, Indian Overseas Bank and Central Bank of India: Report

The Indian government is considering selling minority stakes in four major state-run banks to comply with the public shareholding norms set by the Securities and Exchange Board of India (SEBI), a gove...

5 weeks ago - Business Upturn

Q2 2025 UCO Bank Earnings Presentation Transcript

Q2 2025 UCO Bank Earnings Presentation Transcript

6 weeks ago - GuruFocus

PSU bank stocks: UCO Bank drops 2.36%, Central Bank down 2.79%, J&K Bank slips 2.61%, PNB gains marginally

Time Stamp: November 4, 2024, 9:52 AM Market Update: Public Sector Undertaking (PSU) bank stocks are trading mostly in the red today, with significant declines in several banks. UCO Bank: Down by 2.36...

7 weeks ago - Business Upturn

UCO Bank targets ₹3,000cr recovery by end of fiscal

UCO Bank, under MD Ashwani Kumar, is set to achieve a recovery of ₹3,000 crore by the end of the fiscal year, planning over ₹1,000 crore recoveries in the last two quarters. The bank has previously ac...

2 months ago - The Times of India

UCO Bank targets Rs 3,000 crore recovery by fiscal year-end amid strong credit growth

UCO Bank aims to achieve Rs 3,000 crore in total recovery by fiscal year-end, with over Rs 1,000 crore anticipated in the next quarters. Retail, MSME, and agriculture sectors form 62% of its credit po...

2 months ago - The Times of India

PSU banks today: UCO Bank rises 3.06%, Indian Bank up 0.13%, while Central Bank falls 1.20%, IOB declines 1.15%

As of 10:27 AM, PSU banks showed a mix of movements, with UCO Bank emerging as the top gainer, up 3.06% to ₹47.08. Indian Bank followed with a minor gain of 0.13% at ₹519.35, and Bank of Baroda also a...

2 months ago - Business Upturn

UCO Bank stock rises 3.35% on strong Q2 performance, NII up 20% YoY

UCO Bank saw its stock price increase by 3.35%, reaching ₹47.21 as of 9:33 AM today. The rise comes after the bank reported steady asset quality on a quarter-on-quarter (QoQ) basis, along with a 20% y...

2 months ago - Business Upturn

Top Stocks to Watch Out For on October 21: Kotak Mahindra Bank, HDFC Bank, Tech Mahindra, UCO Bank, and More

The Indian benchmark indices rebounded after a three-day losing streak, closing higher on October 18. The Nifty climbed above the 24,850 mark, while the Sensex gained 218.14 points or 0.27% to close a...

2 months ago - Business Upturn

UCO Bank net profit jumps 50% to ₹603cr in 2nd quarter

UCO Bank reports a remarkable 50% increase in net profit to ₹603 crore for the second quarter, fueled by significant growth in operating profits and the recovery of erroneous credits. Learn more about...

2 months ago - The Times of India

1 more banker held for links with cyber cons; 21st arrest this year

A UCO Bank employee and an accomplice were arrested for their involvement in a Rs 24-lakh cyber investment fraud. This marks the 21st arrest of bankers aiding cyber cons in 2024. Authorities reveal th...

2 months ago - The Times of India

UCO Bank plans to raise Rs 2,000 crore via QIP in Q3

State-owned UCO Bank plans to raise up to Rs 2,000 crore through a share sale via qualified institutional placement in the December quarter. This move aims to comply with Sebi's minimum public shareho...

2 months ago - The Times of India

UCO Bank posts 50% jump in net profit to Rs 603 crore in Q2

State-owned UCO Bank reports a 50% rise in net profit to Rs 603 crore in the September quarter, driven by higher interest income. Gross NPAs reduced to 3.18%, and net NPAs fell to 0.73%. The bank anti...

2 months ago - The Times of India

UCO Bank Q2 Results: Net Profit surges 50% YoY

UCO Bank has posted robust financial results for the second quarter ending September 30, 2024, with a substantial surge in net profit and revenue. The bank reported a net profit of ₹602.74 crore, mark...

2 months ago - Business Upturn

UCO Bank Q2 FY25: Asset quality improves, Gross NPA down 2% QoQ, Net NPA declines 4.5% QoQ

UCO Bank has reported an improvement in its asset quality for the second quarter of FY25. The bank’s Gross Non-Performing Assets (GNPA) stood at ₹6,29,386 lakh, marking a 2% QoQ decrease from ₹6,42,01...

2 months ago - Business Upturn

UCO Bank Q2 FY25: Net Interest Income (NII) rises 46% YoY to Rs 2,300.34 crore

UCO Bank has reported a 46% year-on-year (YoY) increase in its Net Interest Income (NII) for the second quarter of FY25. The NII for Q2 FY25 stands at ₹2,300.34 crore, up from ₹1,577.74 crore in the s...

2 months ago - Business Upturn

Masked robbers loot 6L from Kakching bank at gunpoint

A brazen robbery at a UCO Bank branch in Kakching, Manipur, saw masked men armed with a gun and knife steal Rs 6 lakh at gunpoint, marking the fifth robbery since civil unrest began in the state. Poli...

2 months ago - The Times of India

Indian Bank, Bank of Baroda, Canara Bank among top PSU Bank gainers; UCO Bank, Bank of India slip

As of 11:27 AM, Public Sector Undertaking (PSU) banks displayed a mixed trend. Indian Bank led the gainers, rising by 3.82% to ₹535.65, followed by Bank of Baroda, which gained 3.22% to trade at ₹252....

2 months ago - Business Upturn

PSU banks stocks: Union Bank, Indian Bank, Uco Bank, PNG, and Bank of Baroda lead losses

At the time of publishing, PSU bank stocks are experiencing a decline across the board, with key players showing significant losses. Here’s how major PSU banks are performing: Union Bank of India: Dow...

2 months ago - Business Upturn

PSU Banks: IDBI down 1.46%, PNB drops 0.79%, UCO Bank falls 0.92%, Mahabank gains 1.24%

As of 1:04 PM today, the PSU banking sector has seen mixed performance with most banks in the red. Here’s a closer look at the performance of key PSU banks: IDBI Bank dropped 1.46%, trading at ₹87.35,...

3 months ago - Business Upturn