UCO Bank Achieves Significant Growth in Q4 FY26 Financial Performance

Original: UCO Bank reports strong Q4 FY26 business growth

Business Standard•Apr 6, 20261 min

In a Nutshell

UCO Bank reported a 6.32% increase in total business for Q4 FY26, reaching ₹5.89 lakh crore. Advances and deposits also saw substantial growth, with advances up 7.38% and deposits rising 5.48% QoQ. The bank's net profit increased by 15.38%, reflecting strong operational performance.

Key Points

01Total business grew to ₹5.89 lakh crore, a 6.32% QoQ increase.
02Total advances rose 7.38% QoQ to ₹2.62 lakh crore.
03Total deposits increased by 5.48% QoQ to ₹3.27 lakh crore.
04Standalone net profit reached ₹739.51 crore, up 15.38% YoY.
05The bank's CASA ratio remained stable at 38.48%.

In-Article Ad

Full Summary

UCO Bank reported strong business growth for the quarter ending March 31, 2026, with total business rising 6.32% quarter-on-quarter (QoQ) to ₹5.89 lakh crore, up 14.59% year-on-year (YoY) from ₹5.14 lakh crore in Q4 FY25. Total advances increased 7.38% QoQ to ₹2.62 lakh crore, reflecting a 19.09% YoY rise, while total deposits grew 5.48% QoQ to ₹3.27 lakh crore, marking an 11.22% YoY increase. Domestic advances rose 8.84% QoQ to ₹2.34 lakh crore, a 20% increase YoY, and domestic deposits reached ₹3.04 lakh crore, up 4.11% sequentially and 10.14% annually. The bank's CASA (Current Account Savings Account) ratio remained steady at 38.48%, and its credit-deposit (CD) ratio improved to 80.12%. UCO Bank's standalone net profit rose 15.38% to ₹739.51 crore, with total income increasing by 1.6% to ₹7,521.16 crore compared to Q3 FY25. The bank's shares rose 0.84% to ₹24.10 on the Bombay Stock Exchange (BSE).

Key Figures

₹5.89 lakh crore

Total business for Q4 FY26

7.38%

Increase in total advances QoQ

5.48%

Increase in total deposits QoQ

₹739.51 crore

Standalone net profit

In-Article Ad

Why It Matters

The growth in UCO Bank's advances and deposits may lead to increased lending capacity, potentially benefiting homebuyers and businesses seeking loans.

Who is affected

homebuyers, businesses, and depositors

What to know

Individuals and businesses should consider UCO Bank for their banking needs given its strong performance.

FAQ

The growth was driven by strong traction in both advances and deposits.

The standalone net profit increased by 15.38% to ₹739.51 crore.

✦