UCO Bank Reports Q3 FY2025-26 Financial Results with 16% Advances Growth
Filing Summary
UCO Bank released its unaudited financial results for Q3 and the nine months ending December 31, 2025. The bank reported a total business of Rs.5,53,680 Crore, marking a 13.25% year-on-year growth. Gross advances increased by 16.74% to Rs.2,43,594 Crore, while total deposits rose by 10.64% to Rs.3,10,086 Crore. The net profit for the quarter was Rs.739 Crore, a 15.65% increase from the previous year. The bank’s capital adequacy ratio stood at 17.43%, with a Tier I capital ratio of 15.41%. Asset quality improved with a reduction in gross NPA to 2.41%.
UCO Bank has announced its unaudited financial results for the third quarter and nine months ending December 31, 2025. The bank’s total business reached Rs.5,53,680 Crore, reflecting a 13.25% increase compared to the same period last year. Gross advances grew by 16.74% to Rs.2,43,594 Crore, while total deposits increased by 10.64% to Rs.3,10,086 Crore. The net profit for the quarter stood at Rs.739 Crore, up from Rs.639 Crore in the previous year, marking a 15.65% growth.
The bank’s operating profit for the quarter was Rs.1,680 Crore, a 5.93% increase from the previous year. The Net Interest Income (NII) rose by 11.27% to Rs.2,646 Crore. The Net Interest Margin (NIM) was reported at 3.08% globally and 3.27% domestically. The cost of funds improved by 27 basis points to 4.48%, and the yield on advances was 8.06%. The cost-to-income ratio improved by 330 basis points to 52.20%, and the return on assets stood at 0.83%.
The bank’s Retail, Agriculture, and MSME (RAM) segment saw a 25.86% increase, reaching Rs.1,43,919 Crore. Retail advances grew by 28.18%, agriculture advances by 24.69%, and MSME advances by 23.56%. The Capital Adequacy Ratio was reported at 17.43%, with a Tier I capital ratio of 15.41%. The Provision Coverage Ratio stood at 97.32%, with a tangible PCR of 85.47%.
Asset quality improved with a reduction in gross NPA to 2.41% from 2.91% in the previous year, and net NPA reduced to 0.36% from 0.63%. The slippage ratio for the quarter was 0.85%. Business per employee improved to Rs.26.12 Crore, and business per branch increased to Rs.166.32 Crore. The bank operates 3,327 domestic branches, two overseas branches, and one representative office.
The financial results for the nine months ending December 31, 2025, showed an operating profit growth of 11.92% to Rs.4,856 Crore. Net profit for the period increased by 9.70% to Rs.1,967 Crore. The NII for the nine months grew by 9.38% to Rs.7,582 Crore. Fee-based income increased by 22.46% to Rs.1,216 Crore.
UCO Bank is a public sector bank in India, focusing on providing a wide range of banking services, including retail, corporate, and international banking. The bank is committed to enhancing its operational efficiency and expanding its reach to support financial inclusion initiatives.