Friends, if you want to invest in any bank working in the banking sector, then today's article can help you a lot. As we all know, Union Bank of India is an Indian bank. Union Bank share price target
For the last few years in the stock market, the number of investments in Union Bank has been increasing continuously, although the bank is not performing much in the stock market. So let us tell you today, will Union Bank of India do well in future? Will investing in this company in short term and long term prove beneficial or not?
Union Bank share price target 2023?
Union Bank of India is a public sector bank of India, this bank was established on 11 November 1919. Union Bank of India has become the fourth largest bank in India, whose headquarters is located in Mumbai, Maharashtra.
This company provides facilities like financial services, retail banking, corporate banking, investment banking, wealth management and insurance to its customers. The company has given good returns on its investments for the last few years.
According to experts, the company has given returns of up to 82% to its investors in one year. Looking at the consistent performance of the company, it seems that the company can give returns of up to 115% in the coming 6 months. The company's share price will be like this in future.
Union Bank share price target 2024?
Despite being India's fourth largest bank, the company's market capital value is average, the market value of this company is Rs 64,580 crore. The company has shown an increase of up to 115% in its revenue in the last 6 months. If we look at the figures of the company, they also look good.
Presently the company's return on equity ratio is 11.30% which is very good for the same company. Epp has also increased from 8% to 14.90%. More than 12 crores are associated with the company as customers, from this it can be estimated that the company can do a good job in the coming times. The share price of this company in future will be as follows.
Union Bank share price target 2025?
If we look at the figures of Union Bank for the last few years, it shows that this bank has been incurring losses continuously for the last few years. But the bank has performed very well in the last two years.
The company has given good returns to its investors, due to which the dividend yield of the company has increased from 2% to 3.30%. The company's profits also appeared quite large. What will be the company's share price in the future?
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Union Bank share price target 2026?
There has been a lot of change in the company's revenue in the last two years. Apart from this, many new customers have also joined the company, due to which the company has made profits. Till the year 2020, the company had huge debt. The company had a debt of about Rs 10,50613 crore. The debt equity ratio of the company was 14%, which has now reduced to 0.40%.
The company is continuously performing well in the financial sector. The company has a lot of customers. Due to which the customer base of the company is quite strong. The company's share price will be like this in future.
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Union Bank share price target 2030?
There has been no change in the company's shares in the last few months, neither has the company's share price increased nor decreased. The share price of the company has been continuously rising with 0% growth for the last few months.
But the best thing is that the booking of shares of the company is going much faster than the book value in the share market. The current book value of the company is 120.70%. The company's share price will be like this in future.
Union Bank share price target 2040?
All other figures of the company are correct, along with that if the shareholding pattern of the company is seen then 83% shareholding in the company is held by the promoters. This shows that the promoters of the company are getting maximum profits.
If we talk about the company's operating profit margin and net profit margin, then the company's operating profit margin is exactly 0%. The net profit margin of the same company is 7.50%. These figures show that the company is making good revenue, but the promoters of the company are not making much profit.
Union Bank Share Future?
As we told you, Union Bank has been performing very well for the last two consecutive years, the company's position in the stock market remains very good, along with this, the share of foreign investors inside the company is also very large.
Union Bank of India is providing digital financial service to its customers. Banking sector can perform very well in the coming times. In the future, we can see a lot of change in the share price of the company.
Union Bank Strength?
The ROE of the bank is very good.
The current book value of the bank is 120% which is very good.
Bank completely debt free.
Union Bank Weakness?
The operating profit margin of the bank is 0%.
There has been no change in the stock of the company in the last few months.
Conclusion?
Before investing in any company, you should understand the fundamentals of the company well. If we talk about Union Bank, then all the fundamentals of this bank look quite good. The bank has been giving good returns to its investors for the last 2 years. More good returns can be expected from the bank in the coming times. People who want to invest in this bank for long term or short term. This bank can prove beneficial for them.
Disclaimer?
Dear valued viewers,
I would like to remind you that I do not have SEBI (Securities and Exchange Board of India) permission to provide any financial advice or recommendation. The information and updates shared on this website are for educational and informational purpose only.
Do not construe it as investment advice, stock recommendations, or financial guidance. Although I aim to provide timely updates of the information contained herein, I cannot be held responsible for any financial loss incurred based on this information.
My desire is to provide periodic updates on the stock market, cryptocurrencies, and financial products with a human touch, to help you make informed investment decisions.
FAQ: -
Q. What is the name of the Founder of Union Bank?
Ans. Seth Sitaram Poddar
Q. When was Union Bank established?
Ans. 11 November 1919
Q. Where was the first branch of Union Bank opened?
Ans. Bombay (now Mumbai)
Q. How many workers work in union bank?
Ans. 75000+ employees
