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ChangeUnion Bank of India (UBI) is the ninth-largest bank in India by assets with a market share of more than 3% in loans and deposits. It is one of the best mid-sized public sector banks in the country. UBI's diversified geographic presence has helped it ... More
Despite being the second largest bank in the country after SBI in terms of asset size, ICICI Bank lost its share of the banking sector's advances from 10.2% in FY07 to 8% in FY12. At the end of March 2012, the bank had assets of over Rs 4.8 trillion ... More
| UNION BANK | ICICI BANK | UNION BANK/ ICICI BANK |
|||
|---|---|---|---|---|---|
| P/E (TTM) | x | 15.5 | 18.5 | 83.8% | View Chart |
| P/BV | x | 0.4 | 2.0 | 18.3% | View Chart |
| Dividend Yield | % | 1.5 | 1.7 | 86.6% |
 UNION BANK  ICICI BANK |
| EQUITY SHARE DATA | |||||
|---|---|---|---|---|---|
| UNION BANK Mar-16 |
ICICI BANK Mar-16 |
UNION BANK/ ICICI BANK |
5-Yr Chart Click to enlarge
|
||
| High | Rs | 223 | 331 | 67.2% | |
| Low | Rs | 104 | 183 | 56.8% | |
| Income per share (Unadj.) | Rs | 470.1 | 102.3 | 459.6% | |
| Earnings per share (Unadj.) | Rs | 19.7 | 17.6 | 112.4% | |
| Cash flow per share (Unadj.) | Rs | 67.4 | 72.5 | 92.9% | |
| Dividends per share (Unadj.) | Rs | 1.95 | 5.00 | 39.0% | |
| Avg Dividend yield | % | 1.2 | 1.9 | 61.5% | |
| Book value per share (Unadj.) | Rs | 335.3 | 162.3 | 206.5% | |
| Shares outstanding (eoy) | m | 687.44 | 5,797.24 | 11.9% | |
| Bonus/Rights/Conversions | PI | ESOS | - | ||
| Avg Price / Income ratio | x | 0.3 | 2.5 | 13.8% | |
| Avg P/E ratio | x | 8.3 | 14.7 | 56.5% | |
| Avg P/CF ratio | x | 2.1 | 6.6 | 32.4% | |
| Avg Price/Bookvalue ratio | x | 0.5 | 1.6 | 30.7% | |
| Dividend payout | % | 9.9 | 28.5 | 34.7% | |
| Avg Mkt Cap | Rs m | 112,259 | 1,491,920 | 7.5% | |
| No. of employees | `000 | 35.5 | 74.1 | 47.9% | |
| Total wages & salary | Rs m | 37,681 | 69,186 | 54.5% | |
| Avg. income/employee | Rs Th | 9,109.9 | 8,002.3 | 113.8% | |
| Avg. wages/employee | Rs Th | 1,062.2 | 933.7 | 113.8% | |
| Avg. net profit/employee | Rs Th | 382.5 | 1,373.9 | 27.8% | |
| INCOME DATA | |||||
|---|---|---|---|---|---|
| Interest income | Rs m | 323,157 | 592,937 | 54.5% | |
| Other income | Rs m | 393,443 | 421,021 | 93.4% | |
| Interest expense | Rs m | 238,940 | 339,965 | 70.3% | |
| Net interest income | Rs m | 84,216 | 252,972 | 33.3% | |
| Operating expense | Rs m | 67,159 | 407,896 | 16.5% | |
| Gross profit | Rs m | 17,057 | -154,923 | -11.0% | |
| Gross profit margin | % | 5.3 | -26.1 | -20.2% | |
| Provisions/contingencies | Rs m | 38,682 | 123,054 | 31.4% | |
| Profit before tax | Rs m | 17,769 | 143,044 | 12.4% | |
| Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
| Minority Interest | Rs m | 90 | -7,469 | -1.2% | |
| Prior Period Items | Rs m | 0 | 0 | - | |
| Tax | Rs m | 4,291 | 33,775 | 12.7% | |
| Profit after tax | Rs m | 13,569 | 101,800 | 13.3% | |
| Net profit margin | % | 4.2 | 17.2 | 24.5% | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Advances | Rs m | 2,682,496 | 4,937,291 | 54.3% | |
| Deposits | Rs m | 3,441,175 | 4,510,774 | 76.3% | |
| Credit/Deposit ratio | x | 78.0 | 109.5 | 71.2% | |
| Yield on advances | % | 8.8 | 8.4 | 104.9% | |
| Cost of deposits | % | 6.4 | 4.9 | 131.5% | |
| Net Interest Margin | % | 2.2 | 4.5 | 47.9% | |
| Net fixed assets | Rs m | 39,519 | 87,135 | 45.4% | |
| Share capital | Rs m | 6,874 | 11,632 | 59.1% | |
| Free reserves | Rs m | 200,761 | 560,261 | 35.8% | |
| Net worth | Rs m | 230,481 | 941,040 | 24.5% | |
| Borrowings | Rs m | 306,366 | 2,203,777 | 13.9% | |
| Investments | Rs m | 905,732 | 0 | - | |
| Total assets | Rs m | 4,073,646 | 9,187,562 | 44.3% | |
| Debt/equity ratio | x | 16.3 | 7.1 | 227.9% | |
| Return on assets | % | 0.3 | 1.1 | 30.1% | |
| Return on equity | % | 5.9 | 10.8 | 54.4% | |
| Capital adequacy ratio | % | 11.1 | 16.6 | 67.1% | |
| Net NPAs | % | 5.3 | 3.0 | 176.2% | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | 82,741 | 236,453 | 35.0% | |
| From Investments | Rs m | -8,718 | -118,193 | 7.4% | |
| From Financial Activity | Rs m | -3,886 | 58,139 | -6.7% | |
| Net Cashflow | Rs m | 70,138 | 176,400 | 39.8% | |
| Indian Promoters | % | 60.1 | 0.0 | - | |
| Foreign collaborators | % | 0.0 | 0.0 | - | |
| Indian inst/Mut Fund | % | 16.6 | 23.1 | 71.9% | |
| FIIs | % | 8.5 | 40.0 | 21.3% | |
| ADR/GDR | % | 0.0 | 29.2 | - | |
| Free float | % | 14.8 | 7.8 | 189.7% | |
| Shareholders | 235,817 | 585,463 | 40.3% | ||
| Pledged promoter(s) holding | % | 0.0 | 0.0 | - |
Compare UNION BANK With: DHANLAXMI BANK BANK OF BARODA FEDERAL BANK SOUTH IND.BANK BANK OF INDIA
Compare UNION BANK With: DEUTSCHE BANK (Germany) WELLS FARGO (US)
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Benchmark indices in US corrected marginally by 0.8% during the week. Minutes of Federal Reserve's July meeting are out and the situation looks to be in favor of the emerging markets.
Asset quality will be the key thing to watch out for going forward.
ICICI Bank declared the results for the second quarter of financial year ending March 2017 (2QFY17). The bank reported a flattish net interest income while net profits grew by 2.4%YoY in 2QFY17.
IDFC Bank is taking steps to address contracting NIMs and successfully transition in to a retail bank.
Almost 74% of the watchlist as provided by the bank of Rs 226 billion in FY16 has turned into non-performing assets.
Asset quality was under pressure on account of farm loan waivers. Despite the higher provisioning, the company reported a healthy profit growth of 20%.
More Views on NewsThe data tells us quite a different story from the one the government is trying to project.
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The India VIX is up 36% in the last week. Fear has gone up but is still low by historical standards.
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