Union Bank of India Q2 FY27 Results Explained
In Q2 FY27 (July–September 2026), Union Bank of India reported a net profit of ₹5,537 crore, up 30.3% from a year earlier. Gross NPA was 2.42% of loans (#11 of 12 PSU banks, lowest first), CASA ratio 34.9%, net interest margin 2.86% and capital adequacy 17.94%. On BankersClub's PSU Bank Scorecard it ranks #10 of 12 overall this quarter.
Open Union in the interactive scorecard Compare Union with another bank
Union report card, Q2 FY27
Graded against the other 11 public sector banks this quarter.
Key numbers
| Measure | Q2 FY27 | Change vs Q2 FY26 | Rank of 12 | PSU median |
|---|---|---|---|---|
| Business growth (YoY) | 12.0% | – | #11 | 16.6% |
| CASA ratio | 34.9% | up 237 bps | #9 | 36.8% |
| Net interest margin | 2.86% | up 20 bps | #7 | 2.97% |
| Cost-to-income | 46.8% | down 387 bps | #5 | 47.9% |
| Return on assets | 1.38% | up 27 bps | #3 | 1.12% |
| Gross NPA | 2.42% | down 87 bps | #11 | 1.69% |
| Net NPA | 0.42% | down 13 bps | #10 | 0.30% |
| Provision coverage (excl. TWO) | 82.9% | down 84 bps | #6 | 82.9% |
| Capital adequacy (CRAR) | 17.94% | – | #5 | 17.73% |
| Credit cost | 0.24% | down 33 bps | #3 | 0.55% |
| Business per employee | ₹32.8 crore | – | #7 | ₹34.4 crore |
| Profit per employee | ₹30.0 lakh | – | #5 | ₹25.3 lakh |
Size of the bank
| Figure | Q2 FY27 | Change vs Q2 FY26 | Rank of 12 |
|---|---|---|---|
| Total business | ₹24.75 lakh crore | up 12.0% | #5 |
| Deposits | ₹13.19 lakh crore | up 6.9% | #5 |
| Advances | ₹11.56 lakh crore | up 18.5% | #5 |
| Gross NPA amount | ₹27,916 crore | down 13.0% | #10 |
| Operating profit | ₹8,108 crore | up 19.0% | #4 |
| Net profit | ₹5,537 crore | up 30.3% | #3 |
The quarter at a glance
What went right
- Gross NPA down 87 bps from a year ago to 2.42%, now #11 of 12.
- Return on assets up 27 bps from a year ago to 1.38%, now #3 of 12.
- Net NPA down 13 bps from a year ago to 0.42%, now #10 of 12.
What went wrong
- Provision coverage (excl. TWO) down 84 bps from a year ago to 82.9%, now #6 of 12.
Loan book and deposits
Bar = share of advances or deposits. Growth is against Q2 FY26. Advances are domestic; shares are of the sum of segments. Banks report segments slightly differently; see the methodology.
Quarter by quarter
| Measure | Q2 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|
| Net profit | ₹4,249 crore | ₹5,332 crore | ₹5,537 crore |
| Operating profit | ₹6,814 crore | ₹8,003 crore | ₹8,108 crore |
| Gross NPA | 3.29% | 2.65% | 2.42% |
| Net NPA | 0.55% | 0.47% | 0.42% |
| Net interest margin | 2.66% | – | 2.86% |
| Return on assets | 1.11% | 1.36% | 1.38% |
| CASA ratio | 32.6% | 35.1% | 34.9% |
| Capital adequacy (CRAR) | – | 18.46% | 17.94% |
| Cost-to-income | 50.6% | 45.3% | 46.8% |
Compare with similar-sized banks
- Bank of India (#4 overall)
- Canara Bank (#7 overall)
- Punjab National Bank (#11 overall)
- Bank of Baroda (#5 overall)
Source and method
Standalone figures from Union Bank of India’s own Q2 FY27 filing (Union Bank investor presentation Q2 FY2027 + results statement), checked against the bank’s reported ratios. Ratios are recalculated the same way for all 12 banks where the filing allows. How the scorecard works. Not investment advice.
Last updated 12 November 2026.
Frequently asked questions
What was Union Bank of India's net profit in Q2 FY27?
Union Bank of India reported a standalone net profit of ₹5,537 crore in Q2 FY27 (July–September 2026), up 30.3% from Q2 FY26.
What is Union Bank of India's gross NPA ratio?
Gross NPA was 2.42% of loans at the end of Q2 FY27, ranking #11 of 12 public sector banks (lowest first). Net NPA was 0.42%.
How does Union Bank of India rank among public sector banks?
On BankersClub's PSU Bank Scorecard, Union Bank of India ranks #10 of 12 overall in Q2 FY27, based on growth, return on assets, gross NPA, capital adequacy, CASA ratio and cost-to-income.
What is Union Bank of India's CASA ratio?
Union Bank of India's CASA ratio was 34.9% in Q2 FY27, #9 of 12 public sector banks.
Where does this data come from?
From Union Bank of India's own Q2 FY27 results filing, using standalone figures. Every ratio is recalculated the same way for all 12 public sector banks where the filing allows.