UCO Bank — Investor Meet, 28-01-2026: Analysts/Institutional Investor Meet/Con. Call Updates

UCO Bank shines in Q3 FY26, with Net Profit jumping 15.65% YoY to ₹739 Cr and Operating Profit growing 6% to ₹1,680 Cr. Overall business surged 13.25% annually, fueled by 16.74% growth in advances. The high-margin RAM segment (Retail, Agri, MSME) soared 25.86%, now 66% of total credit. NIM hit 3.08%, backed by a robust 38.41% CASA ratio.

Asset quality improved significantly: Gross NPA down to 2.41%, Net NPA to 0.36%. PCR strong at 97.32%. Management eyes 12-14% credit growth, confident in surpassing targets by focusing on profitable RAM segments. Digital transformation continues with a ₹15,900 Cr digital business book, streamlining operations. Strategic expansion planned for high-growth Western & Southern India. Solid capital base at 17.43% CRAR. A ₹2,700 Cr QIP is approved to meet government shareholding norms. Geopolitical risk exposure is minimal. The outlook points to stable NIM (~3%) and continued strong performance.