Why Is Union Bank Share Price Falling Today? PSU Bank Profit Up 6.6%, NII Drops 1.1%; 50% Dividend Declared

Union Bank's share price today fell close to 6.7% after the PSU bank reported a decline in its net interest income during the fourth quarter of the financial year 2025-26. The bank had reported a 6.6% surge in its net profit during the period.

Union Bank shares were trading 5.46% lower at Rs 183.4 per share on BSE at 1:17 pm on Thursday, April 23. The PSU bank stock dipped to an intraday low of Rs 179.70 per share and an intraday high of Rs 195.05 per share.

Union Bank Q4 Result

Union Bank's net interest income dipped close to 1.1% for Q4FY26, dipping to Rs 9,406 crore from Rs 9,514 crore reported in the year-ago period. The bank's net profit jumped close to 6.6% to Rs 5316 crore from Rs 4,985 crore reported in the year-ago period.

The bank's asset quality improved on a quarterly basis. Union Bank of India's gross NPA surged by 2.82% rom 3.06% in December. Its net NPAs remained at 0.48%, which was marginally lower from 0.51% reported in the December quarter. Union Bank's fresh slippages tood at Rs 2,023 crore from Rs 1,660 crore in the previous quarter.

Union Bank of India Dividend

Union Bank of India's board of directors has recommended a 50% dividend for the financial year 2025-26. The dividend record date is yet to be released.

"The Board has recommended a Dividend of Rs 5 per Equity Share of ₹ 10 each for Financial Year 2025-26. The payment of Dividend is subject to obtaining the necessary statutory approvals and the approval of the shareholders of the Bank at the ensuing 24 th Annual General Meeting (AGM). The date of AGM, the Book Closure for the purpose of AGM and the Dividend for the Financial Year 2025-26 will be intimated in due course," read the BSE filing shared by Union Bank on Thursday.

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