City Union Bank announced its financial results for the second quarter and half-year ended September 30, 2026. The bank reported a 27% increase in net profit for Q2 FY27 to ₹416 crore, driven by a robust 31% growth in Net Interest Income. Total income also saw a significant rise, reflecting the bank’s solid operational performance and strategic growth initiatives.
City Union Bank Reports Strong Q2 and H1 FY27 Financials
City Union Bank Limited has announced its financial performance for the second quarter (Q2) and the first half (H1) of the Financial Year 2026-27, ending on September 30, 2026. The results, approved by the Board of Directors, showcase considerable year-on-year growth across key financial indicators.
Q2 FY27 Performance Highlights
For the second quarter of FY27, City Union Bank’s Net Interest Income (NII) grew by an impressive 31% to reach ₹873 crore, compared to ₹667 crore in Q2 FY26. Non-Interest Income also saw a substantial increase of 35%, totalling ₹350 crore against ₹259 crore in the prior year’s quarter. Total Income rose to ₹2,442 crore, up 28% from ₹1,912 crore in Q2 FY26. Operating Profit for the quarter surged by 40% to ₹661 crore from ₹471 crore in Q2 FY26. Consequently, the Net Profit after tax for Q2 FY27 increased by 27% to ₹416 crore, up from ₹329 crore in the corresponding quarter of the previous year.
H1 FY27 Performance Highlights
The first half of FY27 also demonstrated robust growth. NII for H1 FY27 stood at ₹1,693 crore, a 31% increase from ₹1,292 crore in H1 FY26. Non-Interest Income grew by 18% to ₹594 crore from ₹503 crore. Total Income for the half-year reached ₹4,671 crore, a 24% increase from ₹3,761 crore in H1 FY26. Operating Profit saw a significant jump of 35% to ₹1,241 crore compared to ₹922 crore in H1 FY26. Net Profit after tax for H1 FY27 increased by 26% to ₹798 crore, up from ₹635 crore in the previous year’s period.
Key Balance Sheet and Ratio Updates
Deposits increased by 21% to ₹83,893 crore in Q2 FY27. Advances grew by 26% to ₹72,442 crore. The bank’s Gross NPA reduced to 1.44% in Q2 FY27 from 2.42% in Q2 FY26, and Net NPA decreased to 0.48% from 0.90%. Key financial ratios showed positive trends, with Net Interest Margin at 3.87% for Q2 FY27 and Return on Assets at 1.62%.
The bank’s capital adequacy stood strong at 21.26% as of September 30, 2026, well above regulatory requirements.
Source: BSE
