Is Union Bank of India a good buy?
Table of Contents
- 1 Is Union Bank of India a good buy?
- 2 What is the intrinsic value of Union Bank?
- 3 Is Union Bank a good share?
- 4 What is happening with Union Bank?
- 5 Is UnionBank a good bank?
- 6 Is Union Bank of India a private or public sector bank?
- 7 How Union Bank of India’s net interest margins are increasing?
- 8 What is the tagline of Union Bank of India?
Is Union Bank of India a good buy?
As on 16th Dec 2021 UNIONBANK Share Price closed @ 46.15 and we RECOMMEND Buy for LONG-TERM with Stoploss of 37.90 & Buy for SHORT-TERM with Stoploss of 45.34 we also expect STOCK to react on Following IMPORTANT LEVELS.
What is the intrinsic value of Union Bank?
Union Bank of India
| As Of | Intrinsic Value | Market Price |
|---|---|---|
| 30 Sep 2021 | Rs. 8.35 | Rs. 36.25 |
| 2 Dec 2021 | —- | Rs. 46.30 |
| 0.85 1.84\% |
What is the position of Union Bank of India?
Union Bank of India is one of the leading public sector banks of the country. The Bank is a listed entity and the Government of India holds 83.50 percent in Bank’s total share capital. The Bank, having its headquarters at Mumbai (India), was registered on November 11, 1919 as a limited company.
Union Bank reported healthy earnings performance, supported by high treasury gains and improving margin, despite tepid business growth. The bank expects growth to pick up, led by the RAM segments, while the Corporate book would witness a gradual recovery. The bank is trading at reasonable valuations of 0.5x FY23E ABV.
What is happening with Union Bank?
MINNEAPOLIS and NEW YORK – September 21, 2021 – U.S. Bancorp (NYSE: USB) today announced that it has entered into a definitive agreement to acquire MUFG Union Bank’s core regional banking franchise from Mitsubishi UFJ Financial Group (NYSE: MUFG) in a transaction that will bring together two premier organizations with …
Does UnionBank have Maintaining balance?
With a UnionBank personal savings account, you’ll enjoy zero maintaining balance and zero initial deposit. This means that your account will never be closed nor will it be charged with fees whenever it falls below the maintaining balance.
Is UnionBank a good bank?
Union Bank doesn’t have the most competitive rates, making it hard to save more money here than with another bank. You can get the highest rates with a 60-month CD or a Variable-Rate Time Deposit IRA, especially with a Bonus Rate Rollover. You can also save money by avoiding the monthly service fees.
Is Union Bank of India a private or public sector bank?
About Union Bank of India Union Bank of India is one of the leading public sector banks of the country. The Bank is a listed entity and the Government of India holds 89.07 percent in Bank’s total share capital. The Bank, having its headquarters at Mumbai (India), was registered on November 11, 1919 as a limited company.
What are the core values of Union Bank of India?
The Bank’s core values of prudent management without ignoring opportunities is reflected in the fact that the Bank has shown uninterrupted profit during all 96 years of its operations. Union Bank has been playing a very proactive role in the economic growth of India and it extends credit for the requirements…
How Union Bank of India’s net interest margins are increasing?
Union Bank of India reported a YoY increase of 86.77\% in its advances, which is higher than its 5 yr CAGR of 15.56\%. (Source: Consolidated Financials) Company is able to expand its net interest margin on a continuous basis over the last 3 years with margins of 2.32\% in last year.
What is the tagline of Union Bank of India?
The two U’s stand for union and the integrity, security and strength, which Union Bank of India stands for. The colour blue represents commitment, while red is symbolic of the passion that exists at Union Bank of India Tagline : Good people to bank with अच्छे लोग अच्छा बैंक