UCO Bank — Earnings Release 2022

Jul 27, 2021

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UCO Bank announces Financial Results for the Quarter Ended 30[th] June 2021 HIGHLIGHTS OF PERFORMANCE

Financial Performance:

• Bank has made Net Profit of 101.81 Crore during the quarter ended June 2021 as against Net Profit of 21.46 Crore in the quarter ended June 2020 registering a growth of 374.42%.

• Operating Profit of the Bank for the quarter June 2021 stood at 1286.28 Crore as against 977.08 Crore for the quarter ended June 2020 registering a growth of 31.65%.

• Net Interest Income of the Bank for the quarter ended June 2021 has increased to 1460.24 Crore from 1266.78 Crore for the quarter ended June 2020 registering a growth of 15.27%. This is highest Net Interest Income in last 23 quarters.

• Other Income of the Bank for the quarter ended June 2021 has increase to 969.51 Crore as against 773.93 Crore for the quarter ended June 2020 registering a growth of 25.27%.

• Total Business of the Bank has increased to 332946.17 Crore as on 30.06.2021 from 310355.63 Crore as on 30.06.2020 registering a growth of 7.28%.

• Total Deposits of the Bank has increased to 212096.82 Crore as on 30.06.2021 from 195119.60 Crore as on 30.06.2020 registering a growth of 8.70%.

• CASA of the Bank (Domestic) stood at 38.55% as on 30.06.2021.

• Savings Deposits of the Bank has increased to 71377.97 Crore as on 30.06.2021 from 66086.68 Crore as on 30.06.2020 registering a growth of 8.01%.

• Total Advances of the Bank stands at 120849.35 Crore as on 30.06.2021 as against 115236.03 Crore as on 30.06.2020 registering a growth of 4.87%.

• Gross NPA of the Bank has reduced to 11321.76 Crore (9.37%) as on 30.06.2021 from 16576.43 Crore (14.38%) as on 30.06.2020 and from ` 11351.97 Crore (9.59%) as on 31.03.2021.

• Net NPA of the Bank has reduced to 4387.25 Crore (3.85%) as on 30.06.2021 from 5138.18 Crore (4.95%) as on 30.06.2020 and from ` 4389.50 Crore (3.94%) as on 31.03.2021.

• Provision Coverage Ratio of the Bank has increased to 88.53% as on 30.06.2021 from 86.50% as on 30.06.2020 and from 88.40% as on 31.03.2021.

• Capital Adequacy Ratio of the Bank stood at 14.24% and CET-I Ratio at 11.32% as on 30.06.2021.

Kolkata,

- - 27 July 2021