UCO Bank

The total asset value of UCO Bank stood at ₹ 3,15,253 Cr as on 30-Sep-23

The share price of UCO Bank is ₹39.85 (NSE) and ₹39.87 (BSE) as of 08-Dec-2023 IST. UCO Bank has given a return of 44.71% in the last 3 years.

UCO Bank has a market capitalisation of ₹ 47,668 Cr as on 08-Dec-2023. As per Value Research classification, it is a Mid Cap company.

The P/B ratio of UCO Bank is 2.03 times as on 08-Dec-2023, a 1.09% premium to its peers’ median range of 0.97 times.

The P/E ratio of UCO Bank is 25.91 times as on 08-Dec-2023, a 0.83% premium to its peers’ median range of 14.16 times.

Step 1. Open a demat account through a broker. You would need to provide your email, PAN, bank account details, aadhar details, etc., for KYC
Step 2. Sign in to the broker’s application through a mobile app or website. Use the Login ID and password provided by your broker.
Step 3. Transfer funds from your bank account into the wallet present in your brokerage account.
Step 4. Search for the UCO Bank and enter the required number of quantities and click on buy to purchase the shares of UCO Bank.

UCO Bank provides a range of banking and financial services in India and internationally. The company 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. It 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, the company 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, it provides government deposit schemes/bonds, pension payments/schemes, and tax collection services; merchant banking; and mutual funds. 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.

The promoter of UCO Bank is PRESIDENT OF INDIA. PRESIDENT OF INDIA owns 95.39 per cent of the total equity. The chairman of the company is , and the managing director is Ashwani Kumar..

The promoters of UCO Bank have pledged 0% of the total equity as on Sep-23.

Some of the close peers are:

Yes, TTM profit after tax of UCO Bank was ₹1,840 Cr.