UCO Bank Q3 net rises 16% to ₹739 crore

UCO Bank Ltd. for the third quarter ended 31 December 2025 reported 16% growth in net profit at ₹739 crore as against ₹639 crore a year ago. 

Net Interest Income (NII) for the quarter rose 11.27% Year on Year (YoY) to ₹2,646 crore.

Net Interest Margin (NIM) (Global) stood at 3.08% and (Domestic) at 3.27%.

Gross NPA improved to 2.41 % as on 31 December 2025 as against 2.91% a year ago, registering an improvement of 50 bps YoY.

Net NPA improved to 0.36 % as on 31 December 2025 against 0.63% a year ago registering an improvement of 27 bps YoY.

Provision Coverage Ratio stood at 97.32%. Slippage Ratio stood at 0.85%.

The bank said it’s total business grew 13.25% YoY to ₹5,53,680 crore from ₹4,88,911 crore a year ago. 

Total deposits increased by 10.64% YoY ₹3,10,086 crores Gross advances grew 16.74% YoY to ₹2,43,594 crore. 

RAM (Retail, Agri & MSME) business stood at ₹1,43,919 crore as against ₹1,14,350 crore a year ago, as on 31.12.2024, up 25.86% YoY. 

Retail Advances stood at ₹64,159 crore, up 28.18% YoY backed by growth in home loan and vehicle loan portfolio which registered a growth of 18.79% and 73.50% respectively YoY.

Agriculture advances stood at ₹34,954 crore, up 24.69% YoY. Advances to MSME sector stood at ₹44,806 crore, up 23.56% YoY.