City Union Bank Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
City Union Bank reported 25% year-on-year credit growth for Q1 FY27, with advances rising to Rs. 67,645 crores and deposits at Rs. 79,342 crores, up 21%. Operating profit grew 29% to Rs. 581 crores and PAT grew 25% to Rs. 383 crores, both described as the highest in the bank's history, while gross NPA fell to 1.73% and net NPA to 0.61%. Management discussed margin trends, cost of funds, gold loan and MSME growth drivers, and utilisation levels during the question and answer session.
City Union Bank reported Q4 FY26 results marking the final earnings call of Dr. N. Kamakodi as MD and CEO after completing his 15-year tenure, with incoming CEO R. Vijay Anandh set to take charge from May 1, 2026. The bank posted 26% year-on-year advance growth, 23% deposit growth, and a 25% rise in quarterly PAT to Rs 360 crores, alongside gross NPA falling below 2% for the first time in 11 years. Management also announced the opening of the bank's 1,000th branch and outlined plans for FY27 including continued focus on MSME, gold loans and secured retail.