At the 2006–07 season, was champion of the Group A of Liga EBA, but was eliminated in the Round of 16 of the promotion playoffs to LEB Plata by Ciudad Torrealta Molina.

[4] In its first season in LEB Oro, Unión Financiera Oviedo Baloncesto (its sponsorship naming) qualified for the promotion playoffs to Liga ACB and defeated Leyma Natura Básquet Coruña in the quarterfinals by 2–0.

On 20 December 2016, Oviedo CB headed the league table of the LEB Oro for the first time in its history, after beating away Araberri by 86–75.

[6] Just ten days later, the club qualified for the first time to the Copa Princesa de Asturias, by finishing in the top of the table after the first half of the 2016–17 league.

Oviedo CB has received diverse sponsorship names along the years: Note: Flags indicate national team eligibility at FIBA-sanctioned events.