UCO Bank is a PSU lender undergoing a meaningful improvement in profitability, credit growth and asset quality.

$UCOBANK UCO Bank is a PSU lender undergoing a meaningful improvement in profitability, credit growth and asset quality. FY26 net profit increased 13.2% YoY to ₹2,768 crore, while operating profit rose 6.5% to ₹6,429 crore. Total advances grew 19.4% to ₹2.63 lakh crore and deposits increased 11.6% to ₹3.28 lakh crore. Gross NPA improved sharply to 2.17% from 2.69%, with PCR at 97.8%. Latest News: Q1 FY27 profit increased 8.1% YoY, supported by stronger core income and lower provisions, while asset quality continued improving. Corporate Action: Investors should monitor capital-raising, dividend and government stake-related announcements. With accelerating loan growth, improving NPAs and strengthening profitability, UCO Bank offers a PSU-bank turnaround opportunity; however, NIM pressure, credit costs and government ownership remain key risks.