City Union Bank (CUB) Latest Updates

$CUB Highest-Ever Q4 FY26 Net Profit: For the fourth quarter ended March 31, 2026, City Union Bank (CUB) logged its highest-ever single-quarter net profit, jumping 25% year-on-year to hit ₹360 crore compared to ₹288 crore in Q4 FY25. Total quarterly income increased 20% year-on-year to reach ₹2,146 crore. Surging Net Interest Income (NII): The private sector lender's core operational income witnessed strong growth, with Net Interest Income (NII) surging 31% year-on-year to reach ₹786 crore during the fourth quarter. The net interest margin (NIM) held structurally stable at 3.87% for the quarter, supporting the bank's operational profitability. Strong Balance Sheet Credit Demand: Total deposits for the fiscal year climbed 23% year-on-year to hit ₹78,308 crore. Total advances expanded to reach ₹66,699 crore, heavily driven by the bank's dominant MSME book (which holds a 37.5% share of total advances) and a massive 61.6% year-on-year volume surge in non-agriculture jewel loans. Sharp Improvement in Asset Quality: Asset quality strengthened significantly, with the Gross NPA ratio dropping to 1.91% in Q4 FY26 from 3.09% in the previous fiscal year. Net NPA similarly declined to 0.68% from 1.25%, reflecting tighter risk control metrics and increased written-off account recoveries. Landmark 1,000th Branch Launch: Expanding its traditional branch-led footprint across South India, City Union Bank hit a major network milestone by officially opening its 1,000th physical branch at Ammachathiram in Kumbakonam, Tamil Nadu. Maiden 1:3 Bonus Share Execution: Rewarding long-term shareholders, the bank approved and successfully processed a 1:3 bonus share issue (one free equity share for every three shares held). The official record date for the allocation was fixed and concluded on Friday, June 12, 2026, utilizing roughly ₹25 crore from the lender's securities premium reserves.