🟡 Medium ImpactBanking
Union Bank Q1 NIM at 2.80% misses estimates
Union Bank Q1 NIM at 2.80% misses estimates. Net interest margin declined from 3.02% in the previous quarter. Profit growth may be under pressure due to margin contraction. Analysts expected NIM around 2.95% for the quarter.
📊 STOCKS: UNIONBANK | 🏢 SECTOR: Banking | #MEDIUMIMPACT #NIM
#NIM#Q1#Banking
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⚠️ This brief is AI-generated from public news sources for informational purposes only. Not investment advice. Always consult a SEBI-registered advisor before trading.
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