UCO Bank

NSE UCOBANK.NS

UCO Bank Net Income Margin for the year ending March 31, 2024: 17.86%

UCO Bank Net Income Margin is 17.86% for the year ending March 31, 2024, a -3.65% change year over year. Net Income Ratio, also known as the profit margin, is the ratio of net income to net sales, showing the percentage of revenue that remains as profit after all expenses are deducted.
  • UCO Bank Net Income Margin for the year ending March 31, 2023 was 18.54%, a 90.88% change year over year.
  • UCO Bank Net Income Margin for the year ending March 31, 2022 was 9.71%, a 495.98% change year over year.
  • UCO Bank Net Income Margin for the year ending March 31, 2021 was 1.63%, a 104.66% change year over year.
  • UCO Bank Net Income Margin for the year ending March 31, 2020 was -34.97%, a 52.94% change year over year.
Key data
Date Net Income Margin EBITDA Margin EBIT Margin EBITDA
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SV Wall Street
NSE: UCOBANK.NS

UCO Bank

CEO Mr. Ashwani Kumar
IPO Date Oct. 9, 2003
Location India
Headquarters No. 10, BTM Sarani
Employees 21,456
Sector Finance
Industries
Description

UCO Bank provides a range of banking and financial services in India and internationally. It accepts deposit products, such as current accounts, saving accounts, salary accounts, fixed deposits, recurring deposits, accounts in foreign currency, salary accounts, and fee collection accounts. The company also provides agri, home, education, gold, personal, vehicle, and mortgage loans; finance to micro and small enterprises; working capital financing; term loans; infrastructure finance; and agriculture credit. In addition, it offers life, health, and general insurance products; credit and debit cards; internet banking services; and international banking services, including NRI banking, foreign currency loans, finance to exporters and importers, remittances, forex and treasury services, resident foreign currency deposits, and correspondent banking services to Indian customers, corporates, NRIs, overseas corporate bodies, foreign companies/individuals, and foreign banks. Further, the company provides government deposit schemes/bonds, pension payments/schemes, and tax collection services; merchant banking; and mutual funds. As of March 31, 2022, it operated 3072 domestic branches and 2 overseas branches. The company was formerly known as The United Commercial Bank Ltd. and changed its name to UCO Bank in December 1985. UCO Bank was founded in 1943 and is headquartered in Kolkata, India.

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StockViz Staff

February 8, 2025

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