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India
As of 18 Sept 2026, 03:30 pm
On August 24, 2026, UCO Bank's Board of Directors approved a plan to raise up to USD 1.00 Billion in foreign currency. This will be done through a Medium Term Note (MTN) Programme, which allows for issuance in multiple tranches.
Effective September 7, 2026, UCO Bank's Asset Liability Management Committee (ALCO) increased the 1-year UCO G-Sec Rate to 5.88% and the 10-year G-Sec Rate YTM to 7.09%. The 6-month TBLR was raised to 5.55% and the 12-month TBLR to 5.70%. Other rates, including MCLR, 3-month TBLR, Repo Linked Rates, Base Rate, and BPLR, remained unchanged.
As of September 18, 2026, UCO Bank's daily trend indicates a bearish direction, with the Supertrend indicator at 25.1 and the 14-day ADX at 30.47, suggesting strong trending conditions. The closing price of ₹23.75 is below the 20-day EMA (₹24.52) and 50-day EMA (₹25.28). However, the monthly trend shows a bullish Supertrend direction, although the 20-day EMA (₹29.72) and 50-day EMA (₹29.28) are higher than the current price.
UCO Bank's stock has experienced negative returns across various periods as of September 18, 2026. The year-to-date (YTD) return is -20%, and the 1-year return is -22%. Longer-term returns also show declines, with a return of -46% since the start. More recently, the 1-month return is -8% and the 3-month return is -15%.
As of 18 Sept 2026, 03:30 pm
Recent drawdown or price variability is materially high and may lead to larger short-term outcomes.
Primary driver: Price remains materially below a previous peak
The session opened materially below the previous close, indicating a sharp repricing at the open.
The price gap may increase short-term downside uncertainty and warrants review of the underlying context.
Trading activity was substantially higher than usual and the price closed higher.
This may reflect stronger-than-usual market participation; follow-through and relevant company or market news merit review.
Trading volume was unusually high, but the closing price did not show a clear directional move.
This indicates increased participation without a clear directional signal.
Downward price movement of 2.71 standard deviations recorded on 2026-08-31.
Unusual market activity that may warrant review of the underlying price, volume, or news context.
Latest complete financial results for Q1 FY2027 and comparative quarterly trends.
| Metric | Q1 FY2026-27(Latest) | Q4 FY2025-26 | Q3 FY2025-26 | Q2 FY2025-26 | Q1 FY2025-26 |
|---|---|---|---|---|---|
| Revenue On Investments | PEAK₹1,653.56 crore | ₹1,639.14 crore | ₹1,652.85 crore | ₹1,615.18 crore | ₹1,564.61 crore |
| Interest Earned | PEAK₹6,996 crore | ₹6,656.33 crore | ₹6,651.84 crore | ₹6,537.17 crore | ₹6,436.01 crore |
| Other Income | PEAK₹1,686.24 crore | ₹708.89 crore | ₹869.32 crore | ₹884.22 crore | ₹997.20 crore |
| Interest Expended | PEAK₹4,187.64 crore | ₹4,042.03 crore | ₹4,005.72 crore | ₹4,004.45 crore | ₹4,032.78 crore |
| Employees Cost | ₹1,161.95 crore | ₹1,068.07 crore | ₹1,183.01 crore | ₹1,214.03 crore | PEAK₹1,276.35 crore |
| Other Operating Expenses | ₹523.11 crore | PEAK₹681.88 crore | ₹652.19 crore | ₹589.71 crore | ₹561.82 crore |
Gross non‑performing assets declined further, to ₹5,667 crore. The gross NPA ratio improved to 2.08% from 2.17% in March and 2.63% a year ago. The bank’s CET1 ratio rose to 17.22%, up from 16.36% in the previous quarter.
UCO Bank’s first quarter saw a sharp increase in operating profit before provisions, driven by higher other income, lower operating expenses and an improvement in net interest income. However, a sharp rise in tax expense kept net profit growth modest on a year‑on‑year basis and led to a sequential decline. Asset quality and capital ratios continued to improve during the quarter.
Exchange disclosures and regulatory announcements for UCO Bank.
UCO Bank has informed the Exchange regarding 'Notice of Strike by UFBU'. |SUBJECT: Updates
UCO Bank's Asset Liability Management Committee (ALCO) revised specific benchmark rates effective September 7, 2026, increasing the 1-year UCO G-Sec Rate to 5.88% and the 10-year G-Sec Rate YTM to 7.09%. Additionally, the 6-month TBLR was raised to 5.55% and the 12-month TBLR to 5.70%, while MCLR, 3-month TBLR, Repo Linked Rates, Base Rate, and BPLR remained unchanged at their existing levels.
UCO Bank's Board of Directors, in a meeting on August 24, 2026, approved raising up to USD 1.00 Billion in foreign currency through a Medium Term Note (MTN) Programme, to be issued in one or more tranches.
Board Meeting Intimation |Meeting Date: 24-Aug-2026
UCO Bank's board will meet on 2026-08-24 to consider a debt fund raising.
Fund Raising |Meeting Date: 24-Aug-2026
CENTBANK FINANCIAL SERVICES LIMITED has informed the exchange for UCO Bank regarding Security Cover Certificate of ISIN INE691A08070 for Q1 for the FY 2026-2027 |SUBJECT: Security Cover Certificate
UCO Bank's auditor, A K Somani & Co., issued a security cover certificate for the quarter ended June 30, 2026, confirming that the company's unsecured debentures (8.51% Unsecured Redeemable Non-Convertible Debentures of INR 400 Crores and INR 100 Crores) require a 'NIL' certificate as per SEBI circular, since the company has only unsecured debt securities.
Recent market and company developments associated with UCO Bank.
Banking services in Puducherry disrupted as over 500 employees strike for improved work conditions and wage issues.
RBL Bank and Bank of Maharashtra are actively promoting dollar bonds in international markets as they look to refinance short-term loans acquired for FCNR(B) deposits. Meanwhile, UCO Bank and Bank of India are also gearing up for similar fundraising initiatives overseas, aiming to optimize their asset-liability structures following the closing of the FCNR(B) window.
Bank strike on September 11: Several major lenders have warned customers that branch and office services may be affected if employees join the nationwide walkout. The unions have also announced further strikes from September 28 to 30 and threatened an indefinite strike from October 26, with demands including a five-day banking week.
Indian Bank, UCO Bank, Bank of Maharashtra and PNB have warned of possible service disruptions during nationwide strikes starting September 11.
RBL Bank and Bank of Maharashtra are actively promoting dollar bonds in international markets as they look to refinance short-term loans acquired for FCNR(B) deposits. Meanwhile, UCO Bank and Bank of India are also gearing up for similar fundraising initiatives overseas, aiming to optimize their asset-liability structures following the closing of the FCNR(B) window. These funds will facilitate the repayment of short-term loans taken by the banks.
Indian banks are pursuing overseas funding through OFCBs to replace short-term financing used for FCNR(B) schemes
PSU Bank shares witnessed buying demand for second consecutive trading sessions.
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Comprehensive Section Breakdown for UCO Bank
Strategic Vision: Indian commercial bank providing financial participation across key economic sectors.
• Government of India Undertaking status
• Extensive domestic branch network
• International presence in key financial centers
• Correspondent and agency arrangements globally
UCO Bank’s operating profit before provisions increased sharply in the first quarter of FY2026-27, driven by a large jump in other income and a decline in operating expenses. However, profit after tax rose only 8% from a year ago and fell 18% from the previous quarter, as a substantial increase in tax expense absorbed most of the operating gain. Asset quality continued to improve, with the gross NPA ratio falling to 2.08% from 2.17% in the March quarter and 2.63% a year ago.
Total interest earned rose 8.7% year-on-year to ₹6,996 crore, while interest expended grew 3.8% to ₹4,188 crore. Because interest income grew faster than interest expense, net interest income increased from the year-ago period.
Other income, which includes fees, trading gains and other non‑interest revenue, was the standout item. It rose 69% year-on‑year to ₹1,686 crore and more than doubled from the March quarter (₹709 crore). Operating expenses fell 8.3% year-on‑year to ₹1,685 crore, with employee costs down 9.0% and other operating expenses down 6.9%.
These factors lifted operating profit before provisions and contingencies to ₹2,810 crore, an increase of approximately 80% from both the year-ago period and the preceding quarter.
Provisions other than tax and contingencies declined further, to ₹235 crore. This was less than half the ₹616 crore recorded a year earlier and 28% lower than the March quarter.
Profit before tax reached ₹2,575 crore, compared with ₹946 crore a year ago and ₹1,247 crore in the previous quarter. However, tax expense rose sharply to ₹1,919 crore, up from ₹339 crore a year earlier and ₹446 crore in the prior quarter. Consequently, profit after tax was ₹656 crore, an 8% increase year‑on‑year but an 18% decline from the March quarter.
Category: Financial Services
Provides core banking solutions including accounts, digital transactions, bill payments, and investment options through a widespread branch network and digital platforms.
Category: Financial Services
Offers core banking solutions including accounts, digital transactions, bill payments, and investment options through a widespread branch network and digital platforms.
Category: Financial Services
Delivers international banking services including NRI banking, foreign currency loans, finance for exporters/importers, remittances, and forex services through authorized branches.
Category: Financial Services
Offers online banking services via UCO Net-Banking for retail and corporate users, enabling account management, fund transfers, deposit operations, and bill payments.
Key Products & Services: UCO Net-Banking
Core Thesis: The bank provides financial participation across key economic sectors, supported by a strong domestic and international network, and enhanced by digital platforms.
• Financial Participation: The bank provides financial participation across key sectors of the economy including Agriculture, Industry, Trade & Commerce, the Service Sector, and the Infrastructure Sector. • Extensive Distribution Network: Operations are supported by a countrywide network of over 3000 service units within India, supplemented by an international presence in major financial centers. • Digital Service Delivery: Digital banking platforms allow customers to access a broad spectrum of services online, providing anytime, anywhere banking.