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1 Comment
Union Bank of India is currently in a long term uptrend where the price is trading 13.0% above its 200 day moving average.
From a valuation standpoint, the stock is 98.0% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 0.7.
Union Bank of India's total revenue rose by 134.1% to $105B since the same quarter in the previous year.
Its net income has increased by 29.8% to $7B since the same quarter in the previous year.
Finally, its free cash flow grew by 281.8% to $269B since the same quarter in the previous year.
Based on the above factors, Union Bank of India gets an overall score of 5/5.
CurrencyCode | INR |
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ISIN | INE692A01016 |
Sector | Financial Services |
Exchange | NSE |
Industry | Banks - Regional |
Market Cap | 1T |
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Beta | 1.06 |
PE Ratio | 5.5 |
Target Price | 154 |
Dividend Yield | 0.0% |
Union Bank of India provides banking products and services in India. It operates in four segments: Treasury Operations, Retail Banking Operations, Corporate and Wholesale Banking, and Other Banking Operations. The company offers savings, salary, and current accounts; term deposits; retail loans comprising home, vehicle, and education, loans; personal, MSME, agriculture, foreign currency, and gold loans; loans against the property; loans for senior citizen and pensioners; and debit, credit, and gift cards. It also provides corporate loans, such as line of credit, trade finance, working capital, project financing, and channel finance; wealth management; mutual funds; life, non-life, and health insurance products; and government saving and international schemes. In addition, the company offers app, internet, doorstep, explore digital, self-service, ATM, and SMS banking services; safe deposit locker and cheque collection; positive pay and cash management systems; point of sale terminal and immediate payment; and demat and online trading services. Further, it provides ECGC cover and foreign exchange; derivatives; export and import; NRI banking; remittance; treasury; and other products and services. Union Bank of India was incorporated in 1919 and is headquartered in Mumbai, India.
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