Union Bank of India (NSE:UNIONBANK)

Union Bank of India Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Interest Income on Loans	800,985	1,084,173	1,003,756	811,632	682,297
Interest Income on Investments	267,004	-	-	-	-
Total Interest Income	1,067,989	1,084,173	1,003,756	811,632	682,297
Interest Paid on Deposits	694,773	707,333	633,637	480,328	401,785
Net Interest Income	373,216	376,840	370,119	331,303	280,512
Net Interest Income Growth (YoY)	-0.96%	1.82%	11.72%	18.11%	11.32%
Gain (Loss) on Sale of Assets	-70.3	22.12	21.69	-14.86	-3.49
Gain (Loss) on Sale of Investments	-	33,815	21,219	11,198	33,901
Other Non-Interest Income	216,077	181,783	156,887	147,971	101,347
Total Non-Interest Income	216,006	215,620	178,128	159,154	135,244
Non-Interest Income Growth (YoY)	0.18%	21.05%	11.92%	17.68%	-5.47%
Revenues Before Loan Losses	589,222	592,459	548,247	490,457	415,756
Provision for Loan Losses	44,320	77,779	68,106	134,118	133,067
Revenue	544,902	514,681	480,141	356,338	282,690
Revenue Growth (YoY)	5.87%	7.19%	34.74%	26.05%	25.20%
Salaries and Employee Benefits	156,873	149,963	145,932	125,240	102,637
Occupancy Expenses	-	27,115	23,549	22,002	21,653
Amortization of Goodwill & Intangibles	-	-	-14.12	-	-
Selling, General & Administrative	-	9,766	9,334	8,257	7,042
Other Non-Interest Expense	145,184	93,598	86,257	79,374	65,695
Total Non-Interest Expense	295,562	279,384	264,177	234,060	196,458
EBT Excluding Unusual Items	249,341	235,297	215,964	122,279	86,232
Pretax Income	249,341	235,297	215,964	122,279	86,232
Income Tax Expense	55,039	55,027	77,993	37,162	33,578
Earnings From Continuing Operations	194,302	180,270	137,971	85,117	52,653
Net Income	194,302	180,270	137,971	85,117	52,653
Net Income to Common	194,302	180,270	137,971	85,117	52,653
Net Income Growth	7.78%	30.66%	62.10%	61.66%	83.88%
Basic Shares Outstanding	7,635	7,634	7,203	6,835	6,773
Diluted Shares Outstanding	7,635	7,634	7,203	6,835	6,773
Shares Change (YoY)	0.01%	5.98%	5.39%	0.92%	5.71%
EPS (Basic)	25.45	23.62	19.15	12.45	7.77
EPS (Diluted)	25.45	23.62	19.15	12.45	7.77
EPS Growth	7.77%	23.32%	53.82%	60.23%	73.85%
Dividend Per Share	5.000	4.750	3.600	3.000	1.900
Dividend Growth	5.26%	31.94%	20.00%	57.89%	-
Effective Tax Rate	22.07%	23.39%	36.11%	30.39%	38.94%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.