Union Bank Share Price Target 2024, 2025, 2027, 2030, 2040

If you think about which share will be best for investment in recent times then you should know about Union Bank Share Price Target. Today in our blog we will explain the basic idea about Union Bank Share Price Target 2024, 2025, 2027, 2030, 2040. We did the research and took advice from experts to make this blog about the company’s growth, performance, etc.

Union Bank Share Price Target is a trading share in the share market. In this article, we will discuss the company’s financial growth, the business policy of the company, the shareholding pattern of the company, and the forecast share price yearly. We use expert data and analysis to understand the Union Bank Share Price Target 2024 to 2040.

What Is Union Bank Of India Limited Company?

Union Bank Of India Limited commonly known as Union Bank is an Indian public banking sector. The company was established in the year 1919 and the headquarters of the bank is situated in Mumbai. In recent times the total customer number of the bank is more than 153 million.

Overview Of Union Bank Limited Company

In the year 2020, the Union Bank merged with Corporation Bank and Andhra Bank after that the total branch number of Union Bank became 8700 in India and outside of India also. The total ATM number under the bank is 10000 and the total employee number is 76,800. Union Bank provides the services of consumer banking, financial services, corporate banking, mortgage loans, etc.

Financial Data Analysis Of Union Bank Limited

We need a basic idea about the company’s PE ratio, return on assets, current ratio, and return on equity. In the below portion, we discuss the performance of the company. Union Bank Share Price Target also depended upon the ratio described below.

Also Read – PNB Share Price Target

History Of Union Bank Share Price Target From 2024 to 2040

Union Bank Share is a bullish trend in the share market. Union Bank Share is under both the Indian Stock Exchange BSE (Bombay Stock Exchange) and NSE (National Stock Exchange). The 6-month share growth was +11.95 (9.63%), the last 1-year share growth was +58.45 (75.27%), the last 5 year’s share growth was +52.00 (61.83%) and the maximum share growth was +120.75 (786.64%).

Union Bank Share Price Return percentage was 75.06% in the last 1 year, in the last 3 years its share price return percentage was 250.63%, and in the last 5 year’s share price return percentage was 62.53%. Union Bank Share always gives a good return to investors. If anyone wants to invest in the share it will be profitable on a long-term basis. Let’s have a look at Union Bank Share Price Target from 2024 to 2040.

Union Bank Share Price Target 2024

Union Bank provides different types of personal loan schemes like the Union Women Professional Personal Loan Scheme which is provided for marriage and travel purposes. For this loan, the applicant’s annual salary should be more than ₹5 lakh. Other personal loans are Union Personal Loan-Non Salaried, Union Professional Personal Loan Scheme, Union Ashiyana Personal Loan Scheme, etc.

The ROE percentage of the company was 6.89% in the last 5 years, in the last 3 years it became 13.56%, and in the last 1 year, it became 17.56%. The Net Profit amount was ₹2,845.63 Crore in March 2023 it became ₹3,412.96 Crore in March 2024. If we look at Union Bank Share Price Target 2024, the 1st Price Target is ₹137.52 and the 2nd Price Target is ₹170.85.

Union Bank Share Price Target 2025

Union Bank also provides home loan facilities like Union Home Loan, Union Awas Loan, Union Smart Save, etc. Union Home Loan provides for purchasing old or new houses, flats, and villas at low-interest costs which start from 8.5% per annum. For this loan, the applicant age should be 18 to 75 years and the amount will be up to ₹30 lakh. to ₹75lakh. Another one is the Union Awas Loan which provides loans to purchase/construct a house and the loan amount will be ₹10 lakh to ₹20 lakh.

The ROA percentage of the company is not so good. In the last 5 years, the ROA percentage was 0.49% which became 0.73% in the last 3 years and in the last 1 year, it became 1.05%. The company’s total income was ₹95,745.96 Crore in March 2023 which became ₹116,745.63 Crore in March 2024. If we look at Union Bank Share Price Target 2025, the 1st Price Target is ₹180.63 and the 2nd Price Target is ₹225.85.

Also Read – Axis Bank Share Price Target

Union Bank Share Price Target 2027

Union Bank provides Vehicle loans like Union Vehicle Loan which provides loans for purchasing 2-wheelers and 4-wheelers. For the purchase old 4-wheeler, the loan amount will be ₹20 lakh and for the purchase new 2-wheeler, the loan amount will be ₹10 lakh. Another one is the Union Green Vehicle Loan which provides a loan for the purchase New Electric bike and car, the loan amount will be up ₹10 lakh.

The Net Performing Assets (NPA) percentage was 3.4% in the last 5 years which became 2.16% in the last 3 years and in the last 1 year, the percentage became 1.05%. The revenue amount was ₹29,825.99 Crore in the quarter 4th result in the year 2023 which became ₹31,745.96 Crore in the 1st quarter of 2024. If we look at Union Bank Share Price Target 2027, the 1st Price Target is ₹265.85 and the 2nd Price Target is ₹290.74.

Union Bank Share Price Target 2030

Union Bank Provides Educational Loans like Union Education India/Abroad/NRI Student. For NRI Students the loan amount will be ₹20 lakh to ₹30 lakh. Other study loans are provided by the bank Union Education- Skill Development Loan, Union Education- Free Reimbursement Loan, Union Kishan Shiksha Suvidha, etc. All the educational loans are provided with a low cost of interest and with the maximum tenure.

The cash flow amount was ₹36,352.36 Crore in the year 2022 which became ₹5,993.85 in the year 2024. The Tax amount was ₹1,156.96 Crore in March 2023 which became ₹1,968.52 Crore in March 2024. The Total Assets amount was ₹12,81,825.45 Crore in March 2023 which became ₹13,93,412.78 Crore in March 2024. If we look at Union Bank Share Price Target 2030, the 1st Price Target is ₹375.23 and the 2nd Price Target is ₹405.42.

Union Bank Share Price Target 2040

Union Bank offers the customer for online Internet Banking facility. In the Internet banking process, customers can access all bank account facilities at home like account transaction details, transfer of money from one bank to another bank, utility bill payments like electricity bills, telephone bills, mutual funds payments, insurance payments, etc. Union Bank also provides some deposit accounts like current accounts, savings accounts, fixed deposits, etc.

The Net Interest Margin (NIM) was 2.52% in the last 5 years, which became 2.65% in the last 3 years, and in the last 1 year became 2.76%. As the company is a very old company and people have trust in the company the promoter holding capacity is good which is 74% to 75% which means many good investor wants to invest in the share. If we look at Union Bank Share Price Target 2040, the 1st Price Target is ₹900.14 and the 2nd Price Target is ₹940.85.

Peer’s Company of Union Bank Company

• Andhra Bank
• Canara Bank
• Central Bank
• Bank Of Baroda
• Indian Bank

Investors Types And Ratio Of Union Bank Company

There are mainly four main Types of Investors in Union Bank Company. The company’s growth also depended upon the ratio of investors who invested in the share.

Promoters Holding

Promoters Holding means how much capital is invested by company promoters (company owner) through overall capital. Union Bank Company’s promoter holding capacity is 74.40%.

Public Holding

Public Investors are individuals who invest in the public market for profit in the future (large and small companies). Union Bank Company’s public holding capacity is 6.40%.

FII

Foreign Institutional Investors are those big companies that invest in different countries company. Union Bank Company’s FII is 6.70%.

DII

Domestic Institutional Investors (like Insurance, companies mutual funds) who invest in their own country. Union Bank Company’s DII is 12.50%.

Advantages and Disadvantages Of Union Bank Share

Every share has some advantages and some disadvantages also. So, the Union Bank Share Price Target also has some advantages and disadvantages.

Advantages

• Union Bank has a good profit growth which is 66.52% in the last 3 years.
• The last 3 year’s ROE percentage of the company is good which is 13.56%.
• The company has a very small amount of debt.
• The book value amount of the company has increased in the last 2 years.
• The company has a good capital adequacy ratio which is 16.98%.
• The company has a good promoter holding capacity which is 74.40%.

Disadvantages

• The ROA percentage of the company is very low which is 0.73% in the last 3 years.
• CASA growth of the company is very low which is -1.69% per yearly basis.

Also Read – ICICI Bank Share Price Target

FAQ

Conclusion

Hopefully, www.sharetargethub.com will help you gain some basic ideas about the Union Bank Share Price Target. By doing the research and taking advice from expertise we ensure that on a long-term basis, Union Bank Share Price Target may reach a very high position. Union Bank Company is related to the Banking Sector. So the demand for this sector also increases which helps the share to gain profit in the future.

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