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.
Metrics to compare | UNBK | Peers Peers - average of corresponding metrics from companies closely matching UNBK: IDBI, AXISBANK, PNB, INDIANB, IDFCFIRSTB | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipUNBKPeersSector |
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P/E Ratio | 5.5x | 12.7x | 9.6x | |
PEG Ratio | 0.19 | 0.41 | 0.03 | |
Price/Book | 0.8x | 1.3x | 1.0x | |
Price / LTM Sales | 2.0x | 2.7x | 2.8x | |
Upside (Analyst Target) | 16.3% | 13.7% | 13.0% | |
Fair Value Upside | Unlock | 4.9% | 1.6% | Unlock |