UCO Bank has announced a net profit of ₹801 crore for the quarter ending 31 March 2026, reflecting a 22.66% increase compared to ₹653 crore for the same period in the previous year. The bank’s total business reached ₹5,90,314 crore, a year-on-year growth of 14.95%. Gross advances rose by 19.44% to ₹2,62,752 crore, while total deposits increased by 11.59% to ₹3,27,563 crore.
The bank’s CASA (Current Account Savings Account) growth was notable, with total CASA standing at ₹1,17,752 crore, marking a 12.46% rise year-on-year. The CASA ratio improved by 74 basis points to 38.65%. In terms of profitability, UCO Bank‘s operating profit for the quarter was ₹1,573 crore. The Global Net Interest Margin (NIM) stood at 3.00%, with Domestic NIM at 3.19%.
The bank reported significant growth in its Retail, Agriculture, and MSME (RAM) sectors, with the RAM segment increasing by 24.23% year-on-year to ₹1,52,324 crore. Retail advances grew by 26.62%, agriculture advances by 26.24%, and MSME advances by 19.36%. Furthermore, UCO Bank achieved a reduction in its Gross NPA, which decreased by 52 basis points year-on-year to 2.17%, while Net NPA reduced by 23 basis points to 0.27%.
The bank’s capital adequacy ratio stood at 18.61% as of 31 March 2026, with a Tier I Capital Ratio of 16.59%. The credit-to-deposit ratio improved to 80.21%, up from 74.94% the previous year. UCO Bank has proposed a dividend of 4.40% for the financial year 2025-26, subject to shareholder approval.
For the full year ending 31 March 2026, UCO Bank’s net profit grew by 13.21% to ₹2,768 crore, while net interest income increased by 5.89% to ₹10,197 crore. The bank’s return on assets was 0.79%, and fee-based income rose by 25.40% to ₹1,733 crore.
UCO Bank operates 3,412 domestic branches, two overseas branches in Hong Kong and Singapore, and one representative office in Iran. The bank continues to focus on financial inclusion, with 61% of its domestic branches located in rural and semi-urban areas.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).