MAHABANK vs UNIONBANK: Stock Comparison

Bank of Maharashtra vs Union Bank of IndiaUpdated 19 August 2026, 4:08 PM ISTNSE & company filings

Union Bank of India is the larger company by market capitalisation. Bank of Maharashtra shows a higher ROE, a higher dividend yield and faster revenue growth, while Union Bank of India shows a lower P/E and a higher ROCE. These are relative readings on individual metrics — weigh valuation against growth, margins, leverage and capital efficiency rather than treating any single number as decisive.

Metric snapshot

MAHABANK leads 8; UNIONBANK leads 4 of 12

Not a rating

Interactive comparison

Compare the numbers that shape the decision

Every row uses its own scale. Switch lenses to compare like with like.

MAHABANKUNIONBANK

Valuation lens

What price are you paying?

Market CapContext only
₹61,279 Cr
₹1.42 L Cr
P/E RatioUNIONBANK has the lower reading
8.27x
6.95x
P/B RatioUNIONBANK has the lower reading
1.88x
1.07x
EPSUNIONBANK has the higher reading
₹9.12
₹27
Book ValueContext only
₹43.2
₹183
Dividend YieldMAHABANK has the higher reading
4.51%
2.92%

✓ marks the usual favourable reading; it is not a recommendation.

Key Differences

Market Cap
UNIONBANK is the larger company
₹1.42 L Cr vs ₹61,279 Cr
P/E Ratio
UNIONBANK has a lower P/E
6.95x vs 8.27x
P/B Ratio
UNIONBANK has a lower P/B
1.07x vs 1.88x
EPS
UNIONBANK has higher earnings per share
₹27 vs ₹9.12
Dividend Yield
MAHABANK has a higher dividend yield
4.51% vs 2.92%
Revenue Growth (TTM YoY)
MAHABANK has faster revenue growth
9.4% vs 0%
EPS Growth (TTM YoY)
MAHABANK has faster EPS growth
36.3% vs 0%
Qtr Sales Growth
MAHABANK has stronger quarterly sales growth
15.2% vs 1.21%

Each difference is a single, relative reading — StockeZee does not name an overall winner.

Profile

MetricMAHABANKUNIONBANK
SectorFinancial ServicesFinancial Services
IndustryPublic Sector BankPublic Sector Bank

Price

MetricMAHABANKUNIONBANK
Live Price₹79.82₹186.9
Day Change-0.83%0.75%
Volume65.07 L75.15 L
52-Week High₹94.5₹205.49
52-Week Low₹51.71₹124.64
Distance from 52W High-15.53%-9.05%

Valuation

MetricMAHABANKUNIONBANK
Market Cap₹61,279 Cr₹1.42 L Cr
P/E Ratio8.27x6.95x
P/B Ratio1.88x1.07x
EPS₹9.12₹27
Book Value₹43.2₹183
Dividend Yield4.51%2.92%

Growth

MetricMAHABANKUNIONBANK
Revenue Growth (TTM YoY)9.4%0%
EPS Growth (TTM YoY)36.3%0%
Qtr Sales Growth15.2%1.21%
Qtr Profit Growth36.1%27.4%

Profitability & Leverage

Debt-to-equity is shown for reference only — it is not a like-for-like metric for banks and financials.
MetricMAHABANKUNIONBANK
ROE22.6%15.7%
ROCE6.03%6.3%
Net Margin39.8%33.21%
Operating Margin69.2%68.1%
Debt to Equity11.6x9.74x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricMAHABANKUNIONBANK
Promoter Holding73.6%74.76%
FII Holding5.81% 0.26 pp8.63% 0.74 pp
DII Holding14.27% 0.35 pp11.98% 0.47 pp
Public Holding6.32% 0.61 pp4.63% 0.27 pp

How to Read This Comparison

Valuation ratios (P/E, P/B) use the latest consolidated figures where available; growth numbers compare against the same period last year; shareholding percentages come from the most recent quarterly filings, with the change shown against the prior quarter. A "more favourable" highlight is relative between these two companies only — it is not a rating, a recommendation, or a comparison against the wider sector. Rows with no reported data for either company are hidden rather than shown empty.

Deep-dive each company on its stock page for quarterly results, technicals, filings and the full peer set: Bank of Maharashtra and Union Bank of India.

Data source: NSE and company filings via StockeZee. This comparison is informational — it is not investment advice, and StockeZee is not a SEBI-registered investment adviser.