---
title: "United Bank of India(Merged) (UNITEDBNK) — Share Price, Financials & Analysis"
symbol: "UNITEDBNK"
company: "United Bank of India(Merged)"
canonical: "https://tapetide.com/stocks/UNITEDBNK"
isin: "INE695A01019"
nse_symbol: "UNITEDBNK"
generated_at: "2026-09-13T21:47:26.300Z"
---

# United Bank of India(Merged) (UNITEDBNK)

Canonical page: https://tapetide.com/stocks/UNITEDBNK

## Company

- **NSE Symbol:** UNITEDBNK
- **ISIN:** INE695A01019
- **Stock Type:** DELISTED
- **Listed Since:** 2010-03-18
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** unitedbankofindia.com

## About

United Bank of India is an India-based bank. The Banks operations are classified into two business segments: Treasury Operations, and Banking Operations, which include Corporate/Wholesale Banking, Retail Banking and Other Banking Operations. The Bank offers retail banking, corporate banking and international banking services.

## Latest Price

## Key Insights

### Strengths

- Stock is trading at 0.30 times its book value

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -4.18% over past five years.
- Company has a low return on equity of -14.0% over last 3 years.
- Contingent liabilities of Rs.10,684 Cr.
- Earnings include an other income of Rs.2,498 Cr.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 116% | — | -38% |
| revenue growth | 11% | -5% | -4% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 2352 | 2073 | 2076 | 2005 | 2188 | 2155 | 2123 | 2068 | 2213 | 2374 | 2440 | 2411 |
| Expenses | 1767 | 1369 | 1353 | 1719 | 2213 | 1514 | 2195 | 2743 | 2489 | 1245 | 1184 | 1251 |
| Operating Profit | 585 | 704 | 723 | 286 | -25 | 642 | -71 | -675 | -276 | 1129 | 1255 | 1160 |
| OPM % | 25 | 34 | 35 | 14 | -1.1 | 30 | -3.4 | -33 | -12 | 48 | 51 | 48 |
| Other Income | 321 | 779 | 509 | 478 | 448 | 395 | 477 | 778 | 735 | 629 | 574 | 561 |
| Interest | 1850 | 1818 | 1699 | 1657 | 1674 | 1610 | 1681 | 1688 | 1607 | 1647 | 1667 | 1591 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -943 | -335 | -467 | -893 | -1252 | -574 | -1275 | -1585 | -1148 | 111 | 162 | 129 |
| Tax % | -108 | -37 | -26 | -29 | -79 | -32 | -31 | -28 | -108 | 5 | 24 | 12 |
| Net Profit | 74 | -211 | -345 | -638 | -261 | -389 | -883 | -1139 | 95 | 105 | 124 | 114 |
| EPS in Rs | 0.53 | -1.52 | -2.21 | -4.08 | -0.87 | -1.29 | -2.91 | -3.75 | 0.13 | 0.14 | 0.17 | 0.13 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 6341 | 7961 | 9251 | 10599 | 10180 | 9937 | 9428 | 8342 | 8560 | 9438 |
| Expenses | 2038 | 2294 | 3202 | 5257 | 3537 | 4356 | 4925 | 6534 | 8814 | 6170 |
| Operating Profit | 4304 | 5667 | 6049 | 5343 | 6644 | 5581 | 4503 | 1808 | -254 | 3269 |
| OPM % | 68 | 71 | 65 | 50 | 65 | 56 | 48 | 22 | -3 | 35 |
| Other Income | 638 | 733 | 1067 | 1207 | 1747 | 1468 | 2187 | 2215 | 2385 | 2498 |
| Interest | 4172 | 5482 | 6764 | 8036 | 7690 | 7656 | 7500 | 6849 | 6585 | 6512 |
| Depreciation | 100 | 70 | 61 | 69 | 106 | 103 | 104 | 120 | 126 | 0 |
| Profit before tax | 669 | 849 | 291 | -1556 | 595 | -711 | -914 | -2947 | -4581 | -746 |
| Tax % | 22 | 25 | -35 | -22 | 57 | -60 | -124 | -51 | -49 | — |
| Net Profit | 524 | 633 | 392 | -1213 | 256 | -282 | 220 | -1454 | -2316 | 438 |
| EPS in Rs | 15.21 | 17.52 | 10.46 | -21.88 | 3.05 | -3.36 | 1.57 | -4.85 | -3.12 | 0.57 |
| Dividend Payout % | 14 | 14 | 20 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Sep 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 344 | 361 | 375 | 555 | 840 | 840 | 1394 | 3000 | 7428 | 7428 |
| Reserves | 3877 | 4419 | 4709 | 3928 | 4989 | 5480 | 6349 | 5675 | 4071 | 6059 |
| Borrowings | 83056 | 94836 | 106394 | 116770 | 112879 | 119314 | 129491 | 132632 | 137187 | 136305 |
| Other Liabilities | 2763 | 2394 | 3137 | 3852 | 4320 | 3799 | 3818 | 3441 | 2844 | 2796 |
| Total Liabilities | 90041 | 102010 | 114615 | 125105 | 123028 | 129432 | 141053 | 144749 | 151530 | 152587 |
| Fixed Assets | 817 | 792 | 821 | 924 | 873 | 1209 | 1178 | 1286 | 1234 | 1192 |
| CWIP | 2 | 13 | 36 | 15 | 4 | 2 | 4 | 7 | 6 | 0 |
| Investments | 26259 | 29059 | 33463 | 44876 | 43245 | 44723 | 53035 | 50402 | 60976 | 59402 |
| Other Assets | 62963 | 72147 | 80295 | 79290 | 78905 | 83497 | 86836 | 93054 | 89314 | 91992 |
| Total Assets | 90041 | 102010 | 114615 | 125105 | 123028 | 129432 | 141053 | 144749 | 151530 | 152587 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -362 | 688 | -22 | 1783 | 1169 | -4803 | 2428 | 4123 | 4659 | -15074 |
| Cash from Investing Activity | -142 | -61 | -56 | -112 | -151 | -45 | -90 | -74 | -235 | -73 |
| Cash from Financing Activity | 472 | 323 | 28 | 41 | 805 | 67 | -43 | 642 | 2794 | 4576 |
| Net Cash Flow | -32 | 950 | -50 | 1711 | 1823 | -4781 | 2295 | 4690 | 7218 | -10571 |
| Free Cash Flow | -505 | 627 | -78 | 1671 | 1018 | -4848 | 2338 | 4049 | 4424 | -15147 |
| CFO/OP | -6 | 20 | 4 | 33 | 23 | -71 | 42 | 89 | 254 | 5939 |

### Ratios

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash Conversion Cycle | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Working Capital Days | -54 | 42 | 74 | 169 | 101 | 65 | 182 | 329 | 773 | 335 |
| ROCE % | 7 | 6 | 7 | 7 | 6 | 7 | 6 | 5 | 3 | 1 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Dec 2019 |
| --- | --- | --- | --- | --- |
| Promoters | 85.23% | 93.13% | 96.83% | 97.41% |
| DIIs | 11.27% | 3.8% | 1.52% | 1.23% |
| Public | 3.5% | 3.06% | 1.65% | 1.37% |
| No. of Shareholders | 81063 | 91614 | 101021 | 101958 |

### Quarterly

| Category | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 85.23% | 85.23% | 86.81% | 86.81% | 93.13% | 93.15% | 92.25% | 92.25% | 96.83% | 96.83% | 96.83% | 97.41% |
| FIIs | 0% | 0.01% | 0.01% | 0.16% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 11.27% | 9.6% | 8.31% | 7.89% | 3.8% | 3.78% | 3.74% | 3.73% | 1.52% | 1.53% | 1.51% | 1.23% |
| Public | 3.5% | 5.17% | 4.87% | 5.14% | 3.06% | 3.07% | 4% | 4.02% | 1.65% | 1.64% | 1.65% | 1.37% |
| No. of Shareholders | 81063 | 87154 | 86708 | 87809 | 91614 | 91719 | 103841 | 100554 | 101021 | 99586 | 100423 | 101958 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 1 / 7 / 11

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 90.6 | Sell |
| EMA (10) | 90.97 | Sell |
| SMA (20) | 90.76 | Sell |
| EMA (20) | 91.75 | Sell |
| SMA (50) | 98.42 | Sell |
| EMA (50) | 98.98 | Sell |
| SMA (100) | 115.05 | Sell |
| EMA (100) | 106.99 | Sell |
| SMA (200) | 113.09 | Sell |
| EMA (200) | 99.96 | Sell |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 44.36 | Neutral |
| MACD (12,26,9) | -1.81 | Buy |
| Stochastic (14,3,3) | 60.49 | Neutral |
| ADX (14) | 22.97 | Neutral |
| Williams %R (14) | -45.38 | Neutral |
| ATR (14) | 6.3 | High Volatility |
| ROC (12) | -3.29 | Sell |
| Stoch RSI (14) | 58.58 | Neutral |
| UO (7,14,28) | 52.2 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 6 Mar 2020 - Amalgamation of Oriental Bank of Commerce and United Bank of India into Punjab National Bank - Newspaper publication | [Announcement under Regulation 30 (LODR)-Newspaper Publication 6 Mar 2020 - Amalgamation of Oriental Bank of Commerce and United Bank of India into Punjab National Bank - Newspaper publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0d3dc6cf-b163-479d-89ba-bbfffa15d016.pdf) |
| 6 Mar 2020 - Amalgamation of Oriental Bank of Commerce and United Bank of India into Punjab National Bank - Newspaper publication | [Announcement under Regulation 30 (LODR)-Newspaper Publication 6 Mar 2020 - Amalgamation of Oriental Bank of Commerce and United Bank of India into Punjab National Bank - Newspaper publication](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0d3dc6cf-b163-479d-89ba-bbfffa15d016.pdf) |
| 6 Feb 2020 - The Bank has issued the enclosed Press Release on the occasion of the announcement of its Unaudited Financial Results for the quarter and nine months … | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 6 Feb 2020 - The Bank has issued the enclosed Press Release on the occasion of the announcement of its Unaudited Financial Results for the quarter and nine months …](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c46db88b-daca-4ef9-8c5a-eab7d6e0fb9b.pdf) |
| 6 Feb 2020 - Bank has issued the enclosed Press Release on the occasion of the announcement of its Unaudited Financial Results for the quarter and nine months period … | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 6 Feb 2020 - Bank has issued the enclosed Press Release on the occasion of the announcement of its Unaudited Financial Results for the quarter and nine months period …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c46db88b-daca-4ef9-8c5a-eab7d6e0fb9b.pdf) |
| 21 Mar 2020 - We submit herewith copies of newspaper publications w.r.t. amalgamation of Oriental Bank of Commerce and United Bank of India into Punjab National Bank - Expert … | [Announcement under Regulation 30 (LODR)-Newspaper Publication 21 Mar 2020 - We submit herewith copies of newspaper publications w.r.t. amalgamation of Oriental Bank of Commerce and United Bank of India into Punjab National Bank - Expert …](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c0496005-dd1f-4c62-bd3a-1d10d311f930.pdf) |
| 21 Mar 2020 - Copies of newspaper publications w.r.t. amalgamation of Oriental Bank of Commerce and United Bank of India into Punjab National Bank - Expert Committee/Grievance Redressal Committee … | [Announcement under Regulation 30 (LODR)-Newspaper Publication 21 Mar 2020 - Copies of newspaper publications w.r.t. amalgamation of Oriental Bank of Commerce and United Bank of India into Punjab National Bank - Expert Committee/Grievance Redressal Committee …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c0496005-dd1f-4c62-bd3a-1d10d311f930.pdf) |
| — | [Amalgamation Of Oriental Bank Of Commerce And United Bank Of India Into Punjab National Bank 19 Mar 2020](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a19548f8-1aed-4db6-a99d-98e8afe222fa.pdf) |
| — | [Amalgamation Of Oriental Bank Of Commerce And United Bank Of India Into Punjab National Bank 19 Mar 2020](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a19548f8-1aed-4db6-a99d-98e8afe222fa.pdf) |
| — | [Share Exchange Ratio Pursuant To Scheme Of Amalgamation Of Oriental Bank Of Commerce (OBC) And United Bank Of India (UBI) Into Punjab National Bank (PNB) Notified On 4Th March, 2020 And Intimation Of Record Date 5 Mar 2020](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c9052c1c-3354-4418-bf85-a68cc4799767.pdf) |
| — | [Share Exchange Ratio Pursuant To Scheme Of Amalgamation Of Oriental Bank Of Commerce (OBC) And United Bank Of India (UBI) Into Punjab National Bank (PNB) Notified On 4Th March, 2020 And Intimation Of Record Date 5 Mar 2020](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c9052c1c-3354-4418-bf85-a68cc4799767.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2013 from nse](https://archives.nseindia.com/annual_reports/AR_72_UNITEDBNK_2012_2013_10062013173035.zip) |
| from nse | [Annual Report 2010 from nse](https://archives.nseindia.com/annual_reports/AR_UNITEDBNK_2009_2010_20082010120000.zip) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/533171/5331710319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/533171/5331710318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/533171/5331710317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/533171/5331710316.pdf) |
| from bse | [Annual Report 2015 from bse](https://www.bseindia.com/bseplus/AnnualReport/533171/5331710315.pdf) |
| from bse | [Annual Report 2014 from bse](https://www.bseindia.com/bseplus/AnnualReport/533171/5331710314.pdf) |
| from bse | [Annual Report 2013 from bse](https://www.bseindia.com/bseplus/AnnualReport/533171/5331710313.pdf) |
| from bse | [Annual Report 2012 from bse](https://www.bseindia.com/bseplus/AnnualReport/533171/5331710312.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Apr 2018 | [Concall - Apr 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e9803b48-b877-4c5d-b1b2-70afc4f607d7.pdf) |
| Apr 2018 | [Concall - Apr 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/4/e9803b48-b877-4c5d-b1b2-70afc4f607d7.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T21:47:26.300Z.