UCO Bank Q4 FY26 board meet: results, dividend, capital plan

Key event: board meeting on April 25, 2026

UCO Bank’s Board of Directors is scheduled to meet on April 25, 2026. The agenda, as disclosed, includes approval of the bank’s audited financial results for the fourth quarter and the full financial year ended March 31, 2026 (FY26). The meeting matters because it sets the formal, audited baseline for the bank’s profitability, asset quality, and capital position going into FY27.

The board meeting is also expected to take decisions on shareholder payouts and capital plans, based on the information provided. Investors typically track such meetings closely because audited results can confirm or revise trends seen in earlier quarterly updates. For a public sector bank, the board’s stance on dividend and equity issuance is also closely linked to capital adequacy and public shareholding requirements.

What the bank said the meeting will cover

According to the provided details, the main purpose of the April 25 meeting is approval of audited Q4 FY26 and full-year FY26 results. The disclosure also indicates the board will review dividend and capital plans. Once approved, the full-year and quarterly results are expected to give shareholders a clearer view of UCO Bank’s performance, profitability, and asset quality for FY25-26.

The same context notes that the bank has been active on capital planning. It raised funds through a Qualified Institutional Placement (QIP) in March 2025 and also has board approval to raise additional capital in FY26. The meeting therefore sits at the intersection of reported performance, payout decisions, and balance-sheet growth planning.

Latest quarterly snapshot: Mar ’25 vs Dec ’24

The quarterly highlights shared for Mar ’25 show sequential growth over the Dec ’24 quarter. Reported revenue for Mar ’25 was ₹8,136 crore, compared with ₹7,405 crore in Dec ’24, a growth of 9.87%. EBITDA for Mar ’25 was ₹5,082 crore versus ₹4,838 crore in Dec ’24, up 5.04%. Net profit for Mar ’25 was ₹652.43 crore compared with ₹638.83 crore in Dec ’24, a 2.13% rise.

These sequential numbers indicate an improving operating profile quarter-on-quarter. At the same time, they are best read alongside the bank’s stated asset quality and recovery performance, which can influence provisions and net profit even when income grows.

Q4 FY25 performance: profit, income, and margins

Separately, the provided information on Q4 FY25 states UCO Bank reported a 24% year-on-year increase in net profit to about ₹653 crore, compared with ₹526 crore in the same quarter of the previous year. It also reported net interest income (NII) of ₹2,698 crore in Q4 FY25, up 23.4% year-on-year from ₹2,188 crore. Other income for the quarter was ₹1,392 crore, up 23.7% from ₹1,125 crore. Operating profit rose to ₹4,090 crore from ₹3,312 crore.

Net interest margin (NIM) for Q4 FY25 was reported at 3.00%. The same set of data shows NIM at 3.03% in Q4 FY24 and full-year NIM improving to 3.08% in FY25 from 2.92% in FY24. Another metric shared for FY25 is NIM at 3.1%.

The bank also highlighted recoveries as a driver. Recovery from written-off accounts in Q4 was reported at ₹964 crore, compared with ₹322 crore a year earlier, along with cash recovery and upgrades from on-book accounts of ₹345 crore.

Asset quality: NPAs and provision coverage

UCO Bank’s asset quality metrics included a gross NPA ratio of 2.69% and a net NPA ratio of 0.50% (as of March 31, 2025). The gross NPA ratio was reported down from 3.46% a year ago, while net NPA was down from 0.89%. Provision coverage ratio (PCR) was reported at 96.69%.

In another quarterly update for the June quarter (Q1 FY26), gross NPAs were reported at 2.63% (down from 3.32% a year ago), and net NPAs at 0.45% (down from 0.78%). PCR in that quarter was reported at 96.88%. The same update noted provisions for bad loans rose to ₹463 crore from ₹397 crore year-on-year.

Balance-sheet growth: advances, deposits, and RAM book

Business growth numbers cited include gross advances of about ₹219,985 crore and deposits of about ₹293,542 crore as of March, alongside a total business figure of ₹513,527 crore. The same data set also presents advances at 2.20 lakh crore (₹220,000 crore) versus 1.87 lakh crore (₹187,000 crore), and deposits at 2.94 lakh crore (₹294,000 crore) versus 2.63 lakh crore (₹263,000 crore).

For the June quarter (Q1 FY26), the bank reported gross advances of ₹225,101 crore as on June 30, compared with ₹193,253 crore a year earlier. It also reported Retail, Agri and MSME (RAM) business at ₹125,927 crore in Q1 FY26 versus ₹101,986 crore in Q1 FY25.

Dividend track record and shareholder returns

For FY25, UCO Bank declared an equity dividend of ₹0.39 per share. The same ₹0.39 per share figure is also presented as a final dividend for FY25. Any decision on dividend for FY26, if considered, would be expected to be communicated after the board meeting that approves audited annual results.

Dividend decisions in PSU banks are typically evaluated alongside profit growth, asset quality, provisioning levels, and regulatory capital requirements. In UCO Bank’s case, the bank also has ongoing capital-raising plans, which can influence payout capacity.

Capital plans: QIP, FY26 fundraising approval, and stake dilution

The provided information states UCO Bank raised ₹2,000 crore via a QIP in March 2025. It also mentions that the bank holds board approval to raise up to ₹2,700 crore in FY26.

In addition, the bank approved an equity raising plan to offload 270 crore shares to bring the government’s holding down from 91% to 75%, in line with SEBI minimum public shareholding norms. The capital infusion is described as estimated at over ₹8,300 crore based on current prices, and may be executed through QIP, FPO, or OFS.

Regulatory backdrop: RBI penalties cited

The bank has faced regulatory attention, with the Reserve Bank of India imposing penalties in February 2026 and August 2024 for non-compliance with certain banking norms. While the specific penalty amounts are not provided in the text, the references highlight that compliance outcomes remain a key lens for investors in regulated financial institutions.

Market impact and what investors typically watch

The dataset includes multiple price points at different timestamps, including ₹28.83 (Aug 25, 2025) and ₹24.81 (as on 16 Mar, 2026 at 10:16). These figures indicate the stock has seen price movement across periods covered by the disclosures.

For the April 25, 2026 meeting, investors generally look for confirmation of audited numbers, commentary on asset quality and provisioning, the dividend decision if any, and clarity on capital raising and government stake reduction. The bank has also provided guidance for FY26 of 12% to 14% loan growth and 10% to 12% deposit growth, which provides context for how management frames growth versus capital needs.

Key numbers at a glance (all amounts in ₹ crore unless stated)

Why the April 25 board outcome matters

The April 25 board meeting is positioned as a key checkpoint because it combines audited FY26 disclosures with decisions that can influence shareholder returns and capital structure. UCO Bank has reported profit growth and better NPA ratios across the figures shared, along with higher recoveries. At the same time, it is also working through capital planning that includes both fundraising approvals and a pathway to reduce government ownership to meet public float norms.

Any updates on the timelines and route for equity issuance, as well as audited confirmation of profitability and NIM, can shape expectations on the bank’s ability to grow advances while maintaining capital adequacy. The bank’s capital adequacy ratio is cited at 18.5% as of March 31, 2025 and 18.39% in the June quarter update, providing context for how it approaches growth and compliance.

Conclusion

UCO Bank’s April 25, 2026 board meeting is expected to approve audited Q4 FY26 and full-year FY26 results and consider dividend and capital actions. The backdrop includes FY25 profit growth, improved asset quality, and ongoing plans for equity raising and government stake reduction. The next confirmed step for investors is the board outcome and the audited disclosures scheduled around the April 25 meeting.