Union Bank reported record quarterly net profit of ₹5,017 crores with NIM stable at 2.76% despite 125 bps rate cuts. Loan growth at 7.1% YoY; crossed ₹10 lakh crores advances milestone. Asset quality strong with GNPA/NNPA declining.

Union Bank of India -UNIONBANK- Q3 FY2026 Earnings Call Takeaways

Union Bank of India achieved a record net profit of over INR 5,000 crore in Q3 FY2026, demonstrating strong margin defense amid interest rate cuts. The bank strategically reshaped its balance sheet by shedding low-yield loans, resulting in robust retail and MSME growth. Management anticipates continued profit sustainability and controlled expansion moving forward.

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