GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Union Bank of India (BOM:532477) » Definitions » Gross-Profit-to-Asset %

Union Bank of India (BOM:532477) Gross-Profit-to-Asset % : 4.24% (As of Mar. 2024)


View and export this data going back to 2002. Start your Free Trial

What is Union Bank of India Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Union Bank of India's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₹585,830 Mil. Union Bank of India's average Total Assets over the quarter that ended in Mar. 2024 was ₹13,807,207 Mil. Therefore, Union Bank of India's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 4.24%.


Union Bank of India Gross-Profit-to-Asset % Historical Data

The historical data trend for Union Bank of India's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Union Bank of India Gross-Profit-to-Asset % Chart

Union Bank of India Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.24 4.77 3.65 3.95 4.08

Union Bank of India Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.41 4.07 4.11 4.05 4.24

Competitive Comparison of Union Bank of India's Gross-Profit-to-Asset %

For the Banks - Regional subindustry, Union Bank of India's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Union Bank of India's Gross-Profit-to-Asset % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Union Bank of India's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Union Bank of India's Gross-Profit-to-Asset % falls into.



Union Bank of India Gross-Profit-to-Asset % Calculation

Union Bank of India's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=548246.5/( (12883571.095+14019959.2)/ 2 )
=548246.5/13451765.1475
=4.08 %

Union Bank of India's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=585830.4/( (13594454.6+14019959.2)/ 2 )
=585830.4/13807206.9
=4.24 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Union Bank of India Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Union Bank of India's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.


Union Bank of India (BOM:532477) Business Description

Traded in Other Exchanges
Address
239, Vidhan Bhavan Marg, Union Bank Bhavan, 12th Floor, Nariman Point, Mumbai, MH, IND, 400 021
Union Bank of India is a retail, commercial and investment bank domiciled in India. The bank organizes operations across four main segments: Retail Banking Operations such as deposits and transaction accounts; Corporate and Wholesale Banking including private equity and corporate finance; Treasury Operations; and Other Banking Operations. Retail Banking Operations is the most significant segment, contributing the largest share of the bank's revenue. The bank generates the majority of revenue domestically. The Government of India is the majority shareholder.

Union Bank of India (BOM:532477) Headlines

No Headlines