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Union Bank shares plunge 10% after Q4 beat fails to impress investors

Business
Published on 24 April 2026
Union Bank shares plunge 10% after Q4 beat fails to impress investors

Profit rose, yet NII weakness and provisions shocked traders

Union Bank of India shares slid about 10% in two days after Q4FY26 results failed to meet broker expectations. Even as net profit increased, investors focused on weak NII, a surge in provisions, and margin pressure. Asset quality improved, but elevated credit costs and constrained near-term upside kept sentiment cautious.

  • Shares fell nearly 10% in two days post Q4FY26 results
  • NII weakness hurt sentiment despite higher net profit
  • Provisions spiked, boosting perceived credit costs
  • Margin pressure and limited near-term upside worry analysts
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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