UCO Bank Share Price Rises Over 1%; Plans 150 New Branches by March 2026

State-owned UCO Bank is set to expand its branch network in a strategic move to strengthen its presence across India. Currently operating 3,322 branches, the bank aims to increase its network to 3,472 branches by the end of the current financial year with the addition of 150 new branches.

Expansion Plans and Operational Focus

The bank’s board has approved the opening of 150 additional branches over the next five months, MD & CEO Ashwani Kumar stated during a post-results call after the approval of Q2 FY26 numbers.

UCO Bank is also focusing on:

• Enhancing branch ambience for better customer experience
• Hiring skilled personnel in IT, digital banking, and cybersecurity to strengthen operational capabilities

UCO Bank’s Q2 FY26 Financial Performance

For the quarter ended September 30, 2025, UCO Bank reported:

• Net Profit: ₹620 crore, up 3% from ₹603 crore in Q2 FY25
• Total Income: ₹7,421 crore, up from ₹7,071 crore
• Interest Income: ₹6,537 crore, up from ₹6,078 crore
• Net Interest Income (NII): ₹2,533 crore, up from ₹2,301 crore

These figures highlight steady growth and a robust financial performance amid a challenging banking environment.

UCO Bank Share Price Performance

As of October 23, 2025, 10:09, UCO Bank’s stock was trading at ₹32.72, up ₹0.42 (1.30%) from its previous close of ₹32.30. During the session, the stock touched a high of ₹32.90 and a low of ₹32.09, with a volume-weighted average price (VWAP) of ₹32.56.

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Conclusion

With the planned addition of 150 new branches, increased hiring in technology and cybersecurity, and steady financial growth, UCO Bank is positioning itself for stronger market presence and operational efficiency.

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