Union Bank of India Share Price Today in Red Despite 27.4% Surge in Q1 Profit | Buy or Sell?

Union Bank of India share price today shed early gains and was trading lower Thursday, July 16, after the PSU lender reported a 27.41% surge in net profit in the first quarter of financial year 2026-27. Union Bank of India reported a 27.4% year-on-year jump in its net profit to Rs 5,641.52 crore.

The PSU lender's share price was trading 0.58% lower at Rs 171.4 per share on BSE with a market capitalisation of Rs 1,30,534.66 crore at 9:35 am on Thursday. The stock had touched an intraday high mark of Rs 175 per share and an intraday low mark of Rs 170.85 per share.

Union Bank Q1 Result Review

Union Bank's improved net interest income (NII), loan book growth, and double-digit profit were led by lower opex intensity and lower-than-expected provisioning, according to Motilal Oswal report. "While loan growth was stable, deposit growth continued to lag loan growth, with the bank remaining cautious on bulk deposits, leading to an increase in LDR. Management has guided for loan growth to be 1% higher than systemic growth, with a continued focus on margin accretive expansion," noted the brokerage in its report.

Union Bank of India Share Price Recommendation

Motilal Oswal maintained a 'neutral' rating for the bank stock with a target price of Rs 190 per share. "We raise our estimates by 5% and project FY27E RoA/RoE at 1.3%/ 15.3%. Retain Neutral with a TP of INR190 (0.9x Mar'28E ABV)."

Union Bank of India Q1 Result

Union Bank of India's total operating income surged by 1.2% to Rs 2,7427.1 crore. The bank's net profit increased by 27.4% to Rs 5,641.52 crore during the quarter ended in June 2026. The bank had reported a net profit of Rs 4427.94 crore during the same quarter in the previous financial year.

Total operating income surged by 1.2% to Rs 2,7427.1 crore in Q1FY27 against Rs 27,098.61 crore during the previous quarter ended June 2025.

Union Bank of India Share Price Trend

The bank stock was trading lower on Thursday. The scrip touched its 52-week high mark of Rs 205.45 per share on BSE on February 27, 2026. The stock dipped to its 52-week low mark of Rs 124.55 per share on August 29, 2025. Union Bank of India stock has a return on equity (ROE) of 18.6%. Its share price value has 8.92% in a week and around 11% in 2026 so far.

Disclaimer: The views and recommendations expressed are solely those of the individual analysts or entities and do not reflect the views of Goodreturns.in or Greynium Information Technologies Private Limited (together referred as "we"). We do not guarantee, endorse or take responsibility for the accuracy, completeness or reliability of any content, nor do we provide any investment advice or solicit the purchase or sale of securities. All information is provided for informational and educational purposes only and should be independently verified from licensed financial advisors before making any investment decisions.