UCO Bank

UCO Bank FY25-26 Results: Strong Growth & Improved Margins 📈

• Global business reached ₹590,314 crore, with domestic advances at ₹234,384 crore and overseas advances at ₹28,368 crore

• Net profit for FY 2025-26 was ₹2,768 crore, showing 13.21% YoY growth

• Credit growth was 19.44%, exceeding guidance of 12-14%

• Deposit growth was 11.59%, within guided range of 10-12%

• Asset quality improved with Gross NPA at 2.17% and Net NPA at 0.27%, both below guidance

• Credit cost reduced to 0.62%, lower than guided <1.00%

• Global Net Interest Margin (NIM) was 3.03%, slightly above guidance of 2.8-2.9%

• Total recovery and upgradation amounted to ₹2,944 crore, exceeding guided range

• CASA ratio stood at 38.65%, meeting guidance

• RAM share in domestic advances was 64.98%, above guided range

• Capital adequacy remained strong with CET1 capital at ₹27,224 crore and total capital at ₹30,968 crore