How has been the historical performance of Union Bank (I)?

Answer:The historical performance of Union Bank (I) shows significant growth in various financial metrics over the years, particularly from March 2020 to March 2025.

Breakdown:
Union Bank (I) has demonstrated a robust increase in interest earned, rising from 37,231.12 Cr in March 2020 to 1,07,725.97 Cr by March 2025. This growth is supported by a steady rise in income from investments and interest on advances, with the latter reaching 79,066.91 Cr in March 2025. Total income also saw a substantial increase, climbing from 42,491.91 Cr in March 2020 to 1,27,538.89 Cr in March 2025. Net interest income followed a similar upward trend, reaching 37,213.67 Cr in March 2025. However, interest expended also increased, amounting to 70,512.30 Cr in the same period. The bank's profit before tax surged from a loss of 4,027.63 Cr in March 2020 to a profit of 23,479.06 Cr by March 2025, while profit after tax rose from a loss of 2,897.78 Cr to 17,987.14 Cr. The earnings per share improved significantly from -8.47 in March 2020 to 23.56 in March 2025. On the balance sheet, total assets grew from 5,52,972.02 Cr in March 2020 to 15,02,886.27 Cr in March 2025, with deposits also increasing from 4,50,668.45 Cr to 13,09,749.52 Cr. The bank's capital adequacy ratio improved to 18.02% in March 2025, indicating a strong capital position. Overall, Union Bank (I) has shown a remarkable recovery and growth trajectory over the past several years.