UNIONBANK

Union Bank of India ( NSE:UNIONBANK ) shareholders should be happy to see the share price up 25% in the last quarter...

[NSE:UNIONBANK](https://simplywall.st/stocks/in/banks/nse-unionbank/union-bank-of-india-shares)) shareholders should be happy to see the share price up 25% in the last quarter. But to understand Union Bank of India better, we need to consider many other factors. It's not immediately clear to us why the stock price is down but further research might provide some answers. Other metrics may better explain the share price move. During five years of share price growth, Union Bank of India moved from a loss to profitability. To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish.