Union Bank Share Price Target 2025 to 2040:- Union Bank of India, one of the country’s leading public sector banks, has shown remarkable progress in recent years. With consistent financial performance, a stronger balance sheet, and a steady reduction in NPAs, the bank is gaining investor confidence once again.
In this post, we’ll take an in-depth look at the Union Bank share price outlook from 2025 to 2040, analyzing its growth potential, financial stability, and expert projections for the coming decades.
About Union Bank of India
Established in 1919, Union Bank of India is among the oldest and most trusted PSU banks in India. Over the past century, it has played a major role in the financial inclusion and development of India’s banking sector
After merging with Andhra Bank and Corporation Bank in 2020, Union Bank became one of the top five public sector banks in terms of business size. The merger strengthened its customer base, branch network, and asset portfolio.
Key Highlights (as of FY2024):
- Market Capitalization: Around ₹95,000 crore
- Total Business: ₹19.5 lakh crore
- Branches: 8,700+ across India
- Employees: Over 75,000
- NPA Ratio: Significantly improved from 14% (2018) to around 4% (2024)
The bank’s digital adoption and operational reforms have played a crucial role in improving performance and supporting the rise in Union Bank share price.
Union Bank’s Recent Performance
Union Bank’s transformation story over the last five years has been impressive. Post-merger, the bank has focused on:
- Strengthening retail lending
- Improving asset quality
- Expanding digital banking
- Enhancing profitability
In FY2024, Union Bank reported:
- Net Profit: ₹9,200 crore (up 20% YoY)
- NII (Net Interest Income): ₹34,000 crore
- ROA (Return on Assets): 0.9%
- ROE (Return on Equity): 14%
These numbers clearly show that the Union Bank share price has room for sustained long-term growth.
Key Growth Drivers for Union Bank
1. Government Support
Being a public sector bank, Union Bank enjoys strong government backing. The government’s focus on strengthening PSU banks through capital infusion and policy reforms continues to boost confidence among investors.
2. Digital Transformation
The bank’s digital initiatives, such as the UnionNXT app and digital onboarding, have helped attract young customers and improve operational efficiency.
3. Improved Asset Quality
Union Bank has significantly reduced its bad loans. Lower NPAs mean better profitability, which positively impacts the Union Bank share price.
4. Growing Retail and MSME Lending
Retail and MSME loans are key focus areas. With India’s expanding middle class and small business ecosystem, Union Bank is well-positioned for future growth.
5. Increasing Profit Margins
Improved operational efficiency and a better cost-to-income ratio have strengthened the bank’s financials, supporting a long-term uptrend in the Union Bank share price.
Union Bank Share Price Performance Overview
Let’s look at how the Union Bank share price has performed over the years:
| Year | Average Share Price (₹) | Remarks |
|---|---|---|
| 2018 | 70 | Struggling with high NPAs |
| 2020 | 35 | COVID impact and merger integration |
| 2022 | 50 | Recovery phase begins |
| 2023 | 85 | Strong quarterly results |
| 2024 | 115 | Digital growth and steady profits |
This performance shows that the stock has delivered strong recovery and value creation in the past three years.
Union Bank Share Price Target 2025 to 2040 (Year-Wise Projection)
The future of Union Bank looks promising, supported by India’s robust banking growth, government reforms, and rising credit demand. Below is a year-by-year analysis of the Union Bank share price target from 2025 to 2040.
Union Bank Share Price Target 2025
- Target Range: ₹130 – ₹150
Improved credit growth, digital adoption, and declining NPAs could help the stock gain further traction.
Union Bank Share Price Target 2026
- Target Range: ₹160 – ₹180
Continued profitability and rising retail loan demand will likely boost the bank’s market valuation.
Union Bank Share Price Target 2027
- Target Range: ₹190 – ₹210
Better capital adequacy ratios and efficient cost management will support long-term growth in Union Bank share price.
Union Bank Share Price Target 2028
- Target Range: ₹220 – ₹240
Union Bank may expand further in the digital banking segment and cross the ₹20 lakh crore business mark.
Union Bank Share Price Target 2029
- Target Range: ₹250 – ₹280
By this period, increased financial inclusion and rural penetration will continue to benefit the bank.
Union Bank Share Price Target 2030
- Target Range: ₹300 – ₹340
Strong fundamentals, coupled with India’s economic boom, could push Union Bank share price to new highs.
Union Bank Share Price Target 2031
- Target Range: ₹360 – ₹400
Focus on sustainable lending, renewable energy projects, and ESG initiatives may drive institutional investments.
Union Bank Share Price Target 2032
- Target Range: ₹420 – ₹460
Further improvement in profitability and technological innovations will sustain the growth momentum.
Union Bank Share Price Target 2033
- Target Range: ₹480 – ₹520
A rise in digital transactions and international banking tie-ups could strengthen earnings.
Union Bank Share Price Target 2034
- Target Range: ₹550 – ₹600
By this stage, Union Bank may emerge as a leading PSU bank with top-tier operational performance.
Union Bank Share Price Target 2035
- Target Range: ₹620 – ₹700
Increased investor confidence and dividend payouts will attract long-term portfolio investors.
Union Bank Share Price Target 2040
- Target Range: ₹900 – ₹1,000
By 2040, Union Bank could transform into a modern, digitally driven PSU bank with global reach. The Union Bank share price may deliver multibagger returns to those who stay invested.
Financial Strength at a Glance (FY2024)
- Revenue: ₹47,000 crore
- Net Profit: ₹9,200 crore
- Gross NPA: 4.4%
- Net NPA: 1.2%
- Capital Adequacy Ratio (CAR): 15.5%
- Dividend Yield: Around 1.8%
The bank’s strong balance sheet and improved efficiency make it an attractive long-term investment option.
Risk Factors to Consider
While the Union Bank share price outlook is positive, investors should be mindful of certain risks:
- Economic Slowdowns: Could affect credit demand and loan recoveries.
- Interest Rate Changes: Impact on margins and borrowing costs.
- Competition: Increasing competition from private banks and fintech firms.
- Global Uncertainty: International market fluctuations can impact investor sentiment.
Still, Union Bank’s government support and stable management mitigate many of these risks.
Expert Opinions on Union Bank
Leading brokerage firms like ICICI Direct, Motilal Oswal, and HDFC Securities maintain a “Buy” rating on Union Bank, citing its improving asset quality, digital focus, and strong growth outlook.
Experts believe that Union Bank share price could double by the end of the decade if India’s economic momentum continues.
Trending FAQs on Union Bank Share Price
1. What is the current Union Bank share price today?
As of October 2025, the Union Bank share price is around ₹120 on the NSE.
2. Is Union Bank a good stock for long-term investment?
Yes. With steady profit growth, digital transformation, and government support, Union Bank is a solid long-term pick.
3. What is the Union Bank share price target for 2025?
By 2025, the Union Bank share price is expected to trade between ₹130 and ₹150.
4. What is the Union Bank share price target for 2030?
Analysts predict that the Union Bank share price may reach ₹300–₹340 by 2030, driven by strong financial performance.
5. Can Union Bank become a multibagger by 2040?
If current growth continues, the Union Bank share price could cross ₹1,000 by 2040, delivering multibagger returns.
6. Does Union Bank pay dividends?
Yes. The bank regularly pays dividends and is known for rewarding its shareholders.
7. What are the main growth areas for Union Bank?
Retail lending, MSME financing, and digital banking are key growth areas for Union Bank.
8. How can I check Union Bank share price live?
You can check live Union Bank share price updates on NSE, BSE, or financial apps like Moneycontrol, Groww, and Zerodha.
9. What are the key risks for Union Bank investors?
Macroeconomic slowdowns, inflation, and global uncertainties could temporarily impact the Union Bank share price.
10. Will Union Bank benefit from India’s growing economy?
Definitely. As India’s GDP expands, credit demand and financial inclusion will directly benefit Union Bank’s long-term growth.
Conclusion
Union Bank of India stands as one of the most promising PSU banking stocks for the coming decade. Its strong fundamentals, robust financial performance, and digital transformation story make it a reliable investment choice.
The Union Bank share price is projected to witness steady growth from ₹120 in 2024 to nearly ₹1,000 by 2040, supported by rising profitability and India’s growing banking ecosystem.
For investors looking for a stable, long-term, and government-backed stock, Union Bank offers a balanced mix of safety, steady dividends, and strong appreciation potential.
In simple words — Union Bank is not just a traditional PSU bank anymore; it’s a rising digital banking powerhouse ready to define the next phase of Indian banking.