United Bank of India (Delisted) financials and balance sheet
BSE: 533171
Last traded ₹4.50 on 20 Mar 2020
Delisted on 27 May 2020.
10 years at a glance
Standalone, laid out as a bank files them.United Bank of India annual reports
Net interest income, Net profit, ₹ crore
- Net interest income
- Net profit
- Loss
Gross bad loans, per cent
- Gross bad loansGross non-performing loans. Loans whose borrowers have stopped paying, generally for 90 days, as a percentage of all loans, as the bank files it, or worked out from its filed amounts where the filed percentage cannot be read on its filing's scale.
United Bank of India business segments, year to Mar 2019
A reportable segment is a line of business the company must report on its own. Standalone, ₹ crore, as the company reports them.United Bank of India segment results by quarter
Revenue by segment
₹10,767 CrTotal
- Treasury Operations₹4,743 Cr44.1% of total
- Retail Banking₹3,412 Cr31.7% of total
- Corporate/Wholesale Banking₹2,579 Cr24.0% of total
- Other Banking operation₹33 Cr0.3% of total
Profit by segment
- Treasury Operations₹1,922 Cr49.9% of total
- Retail Banking₹1,623 Cr42.2% of total
- Corporate/Wholesale Banking₹271 Cr7.0% of total
- Other Banking operation₹33 Cr0.9% of total
Segment results by year
Standalone, ₹ crore, years to March.
Treasury Operations
Revenue, ₹ croreProfit, ₹ croreRetail Banking
Revenue, ₹ croreProfit, ₹ croreCorporate/Wholesale Banking
Revenue, ₹ croreProfit, ₹ croreOther Banking operation
Revenue, ₹ croreProfit, ₹ crore
| ₹ crore | Mar 2019 |
|---|---|
| Revenue of all businesses | 10,767 |
| Company revenue, as in its resultsCompany revenue. The company's revenue from operations for the period in its results, on the same accounts as its segments. It is below the businesses' sum where they sell to one another, or where the segments include a business the results report as discontinued. | 10,944 |
| Revenue | 4,743 |
| ProfitSegment profit. What the business earned before tax and finance costs, as the company measures each of its businesses. | 1,922 |
| MarginSegment margin. Segment profit as a percentage of the segment's revenue. | 40.5% |
| AssetsSegment assets. What the company holds for this business at the period end: plant, stock, receivables and the like. | 62,406 |
| LiabilitiesSegment liabilities. What this business owes at the period end, such as payments due to suppliers. | 59,835 |
| Revenue | 3,412 |
| Revenue | 2,579 |
| Revenue | 33 |
| Revenue | 177 |
Profit is before tax and finance costs, the way companies report their segments.
Income
₹ crore, years to March. Employee costs and other operating expenses are left blank for the years to Mar 2010, Mar 2011, Mar 2012, Mar 2013, Mar 2014, Mar 2015 and Mar 2016: the lines stated do not add to the total the filing states, so the split is not given.
| ₹ crore | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019Filed 15 May |
|---|---|---|---|---|---|---|---|---|---|---|
| Total incomeTotal income. Everything earned in the period, the total the statement states: for a bank, its interest earned and other income, with any other income line its statement totals; for a finance company, revenue from operations + other income; for a general insurer, premium earned + income from the policyholders' investments + other income; for a life insurer, premiums + the income and gains on the policyholders' investments. | 5,808 | 6,979 | 8,694 | 10,318 | 11,806 | 11,927 | 11,404 | 11,615 | 10,556 | 10,944 |
| 5,249 | 6,341 | 7,961 | 9,251 | 10,599 | 10,180 | 9,937 | 9,428 | 8,342 | 8,560 | |
| On loansInterest on loans. Interest and discount earned on the bank's loans and bills for the period; given only where the four interest lines add to the interest earned stated. | 3,680 | 4,634 | 6,034 | 6,899 | 7,817 | 7,041 | 6,628 | 6,036 | 5,060 | 5,061 |
| On investmentsInterest on investments. Income from the bonds and other securities the bank holds, for the period; given only where the four interest lines add to the interest earned stated. | 1,546 | 1,673 | 1,878 | 2,259 | 2,598 | 3,048 | 3,039 | 3,060 | 2,639 | 3,077 |
| On balances with the RBI and other banksInterest on balances with the RBI and other banks. Interest earned on money placed with the Reserve Bank and with other banks, for the period; given only where the four interest lines add to the interest earned stated. | 6 | 10 | 16 | 63 | 141 | 90 | 38 | 114 | 304 | 246 |
| Other interestOther interest. Interest earned besides on loans, investments and balances with banks, for the period; given only where the four interest lines add to the interest earned stated. | 17 | 25 | 34 | 29 | 44 | 1 | 231 | 217 | 338 | 176 |
| Interest paid | 3,858 | 4,172 | 5,482 | 6,764 | 8,036 | 7,690 | 7,656 | 7,500 | 6,849 | 6,585 |
| Net interest incomeNet interest income. Interest earned − interest paid; for a finance company, interest earned − finance costs. | 1,391 | 2,169 | 2,479 | 2,487 | 2,563 | 2,491 | 2,281 | 1,928 | 1,493 | 1,975 |
| Other incomeOther income. Income besides interest, for the period: for a bank, its other income as stated, such as fees, commissions and gains on investments; for a finance company, total income − interest earned, or where total income is not stated, fees and commission + gains on fair value changes + other income. | 559 | 637 | 733 | 1,067 | 1,207 | 1,747 | 1,468 | 2,187 | 2,215 | 2,385 |
| 1,074 | 1,299 | 1,383 | 1,504 | 1,708 | 1,810 | 1,936 | 2,561 | 2,683 | 2,948 | |
| Profit before provisionsProfit before provisions. Profit before anything is set aside for loans that may not be repaid: for a bank, total income − its expenses other than provisions, as stated, which are interest paid and operating expenses; for a finance company, total income − finance costs − operating expenses. | 876 | 1,507 | 1,829 | 2,050 | 2,062 | 2,428 | 1,812 | 1,553 | 1,024 | 1,412 |
| Set aside for bad loansProvisions for bad loans. What was set aside in the period for loans that may not be repaid: for a bank, its provisions other than for tax, which also cover its investments and loans still being repaid; for a finance company, the impairment of its loans and other financial assets. | 465 | 838 | 973 | 1,759 | 3,618 | 1,974 | 2,522 | 2,467 | 3,971 | 5,992 |
| Exceptional itemsExceptional items. One-off gains or losses the company states separately, for the period; on a bank's group accounts, not given where the line is the outside owners' share of its subsidiaries' profit. | – | – | – | – | – | – | – | – | – | 0 |
| Profit before tax | 411 | 669 | 856 | 291 | −1,556 | 454 | −711 | −914 | −2,947 | −4,581 |
| Tax | 88 | 145 | 224 | −101 | −343 | 198 | −429 | −1,134 | −1,492 | −2,265 |
| Net profit | 322 | 524 | 633 | 392 | −1,213 | 256 | −282 | 220 | −1,454 | −2,316 |
| Earnings per shareEarnings per share. The earnings per share stated for the period ÷ the split factor, so a figure from before a split sits on the same share as today's; a figure the company filed after a split or bonus is already on the new share count and is divided by the splits after its filing day only. | – | – | – | – | – | – | – | ₹1.86 | −₹9.65 | −₹7.04 |
| Diluted earnings per shareDiluted earnings per share. That diluted earnings per share on today's share count, restated by the same splits and bonuses as the basic figure. | – | – | – | – | – | – | – | ₹1.86 | −₹9.65 | −₹7.04 |
Balance sheet
₹ crore, at 31 March.
| ₹ crore | Mar 2019Filed 15 May |
|---|---|
| Total assetsTotal assets. Everything the company owns, at the period end; for an insurer, whose balance sheet shows its assets net of what it owes in the short term, that net figure + its current liabilities and provisions − any debit balance in its profit and loss account and expenditure not yet written off, and not given where only the net figure is stated. | 1,51,530 |
| Cash and balances with the RBICash and balances with the RBI. Cash in hand and the money the bank keeps with the Reserve Bank, at the period end; given only where cash, balances with banks, loans, investments, fixed assets and other assets add to the total assets stated. | 6,169 |
| With banks and at callBalances with banks and money at call. Money placed with other banks and lent for very short periods, at the period end; given only where cash, balances with banks, loans, investments, fixed assets and other assets add to the total assets stated. | 3,495 |
| Loans given | 66,955 |
| Investments | 60,976 |
| Fixed assetsFixed assets. Buildings, equipment and other assets the company uses, at cost less depreciation, at the period end; for a bank, given only where cash, balances with banks, loans, investments, fixed assets and other assets add to the total assets stated. | 1,240 |
| Other assetsOther assets. A bank's assets besides cash, balances with banks, loans, investments and fixed assets, such as interest accrued and advance tax, at the period end; given only where cash, balances with banks, loans, investments, fixed assets and other assets add to the total assets stated. | 12,695 |
| DepositsDeposits. Money customers have placed with the company on deposit, at the period end. | 1,34,983 |
| BorrowingsBorrowings. Money borrowed, at the period end, deposits left out: for a bank and an insurer, its borrowings as stated; for a finance company, bonds and debentures + loans taken + subordinated debt. | 2,204 |
| Other liabilities and provisionsOther liabilities and provisions. What the bank owes besides deposits and borrowings, such as interest accrued, bills payable and provisions, at the period end; given only where net worth, deposits, borrowings and it add to the balance sheet total stated. | 2,844 |
| Net worth. Net worth at the period end, the whole group's on group accounts: for a bank, share capital + reserves and surplus; for a finance company, total equity as stated; for a general insurer, share capital + reserves; for a life insurer, shareholders' funds as stated, or share capital + reserves + the fair value change account where they are not. An insurer's is less any debit balance in its profit and loss account and expenditure not yet written off. Not given where the balance sheet states the share capital, the reserves or the net worth as 0. | 11,499 |
| Share capitalShare capital. The face value of every share issued, at the period end; not given where the balance sheet states it, the reserves or the net worth as 0. | 7,428 |
| ReservesReserves. Profits kept in the business and other reserves, at the period end; for an insurer, less any debit balance in its profit and loss account and expenditure not yet written off. Not given where the balance sheet states them, the share capital or the net worth as 0, nor, for a life insurer, where share capital, the reserves, the fair value change account and share application money do not add to the net worth its balance sheet states. | 4,071 |
Bad loans and capital
Per cent, and the bad loans themselves in ₹ crore. A non-performing loan is one the borrower has stopped paying, generally for 90 days.
| Figure | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019Filed 15 May |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross bad loans, ₹ croreGross non-performing loans, ₹ crore. Non-performing loans, those whose borrowers have stopped paying, generally for 90 days, at the amount still owed at the period end, as the bank states it. A 0 is given only for a bank whose loans are at most 1% of its assets, and the figure is not given where it is below the net figure or the bank's own gross share of loans shows a digit slipped. | 1,372 | 1,356 | 2,176 | 2,964 | 7,118 | 6,553 | 9,471 | 1,09,520 | 16,552 | 12,053 |
| Net bad loans, ₹ croreNet non-performing loans, ₹ crore. Non-performing loans less what the bank has set aside against them, at the period end, as the bank states it; not given where it is above the gross figure, or 0 beside a gross figure that is not. | 779 | 757 | 1,076 | 1,970 | 4,664 | 4,081 | 6,111 | 65,919 | 10,316 | 5,786 |
| Gross bad loans, % of loansGross non-performing loans. Loans whose borrowers have stopped paying, generally for 90 days, as a percentage of all loans, as the bank files it, or worked out from its filed amounts where the filed percentage cannot be read on its filing's scale. | – | – | – | – | – | – | – | 15.53% | 24.10% | 16.48% |
| Net bad loans, % of loansNet non-performing loans. Non-performing loans left after what has been set aside against them, as a percentage of loans, as the bank files it, or worked out from its filed amounts where the filed percentage cannot be read on its filing's scale. | – | – | – | – | – | – | – | 10.02% | 16.49% | 8.67% |
| Bad loans already provided forProvision coverage. (gross non-performing loans − net non-performing loans) ÷ gross non-performing loans × 100: the share of non-performing loans already covered by money set aside. | 43.27% | 44.13% | 50.58% | 33.53% | 34.47% | 37.72% | 35.48% | 39.81% | 37.67% | 52.00% |
| Core equity to risk-weighted loansCommon equity tier 1 ratio. The bank's core capital, mostly shareholders' money, as a percentage of its loans and other assets weighted by risk, as the bank states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, or where the figure is outside what it can be. | – | – | – | – | – | – | – | 8.46% | 8.39% | 10.14% |
| Held by the governmentGovernment holding. The share of the company the government holds, as the company states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, where the figure is outside what it can be, or where it is 0 and the shareholding pattern for the same date does not confirm the government holds none. | – | – | – | – | – | – | – | 85.23% | 93.13% | 96.83% |
Margins and returns
Per cent a year, on the average of the opening and closing balance sheets.
| Per cent | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019Filed 15 May |
|---|---|---|---|---|---|---|---|---|---|---|
| Cost to incomeCost to income. Operating expenses ÷ (net interest income + other income) × 100. | 55.08% | 46.30% | 43.06% | 42.32% | 45.31% | 42.70% | 51.66% | 62.26% | 72.38% | 67.62% |
| Loans to depositsLoans to deposits. Loans ÷ deposits × 100, at the period end. | – | – | – | – | – | – | – | – | – | 49.60% |
Growth and returns over 3, 5 and 10 years
Standalone: the listed company alone, without its subsidiaries. Each window ends with the year to Mar 2019.
| Measure | 10 years | 5 years | 3 years |
|---|---|---|---|
| Revenue growth, yearly rateRevenue growth, yearly rate. 3 years: Revenue in the latest year ÷ revenue in the year three years before, to the power of one third, − 1, × 100: the yearly rate it grew at; empty where either year is missing, nought or a loss, or a change of year end falls between them. 5 years: Revenue in the latest year ÷ revenue in the year five years before, to the power of one fifth, − 1, × 100: the yearly rate it grew at; empty where either year is missing, nought or a loss, or a change of year end falls between them. 10 years: Revenue in the latest year ÷ revenue in the year ten years before, to the power of one tenth, − 1, × 100: the yearly rate it grew at; empty where either year is missing, nought or a loss, or a change of year end falls between them. | – | −1.5% | −1.4% |
| Net margin, averageNet margin, average. 3 years: The plain average of the yearly net profit margin over the last three years, needing at least two of them; a year without the figure is left out, never filled in. 5 years: The plain average of the yearly net profit margin over the last five years, needing at least four of them; a year without the figure is left out, never filled in. 10 years: The plain average of the yearly net profit margin over the last ten years, needing at least nine of them; a year without the figure is left out, never filled in. | −2.0% | −6.7% | −11.0% |