City Union Bank (CUB) announced robust financial results for Q2 FY26, with a 15% increase in profit after tax, reaching ₹329 Cr. Net Interest Income grew by 14% to ₹667 Cr. The bank also saw improvement in asset quality and maintained a strong Capital Adequacy Ratio of 21.68%. Deposits increased by 21% compared to the previous year.
Financial Performance Highlights for Q2 FY26
City Union Bank reported a strong performance for the second quarter of fiscal year 2026. Key highlights from the announcement include:
- Total Income increased by 15% to ₹1,912 Cr.
- Net Interest Income (NII) grew by 14%, reaching ₹667 Cr.
- Operating Profit saw an increase of 10% to ₹471 Cr.
- Profit After Tax (PAT) increased significantly by 15% to reach ₹329 Cr.
Half-Yearly Performance (H1 FY26)
The bank also reported strong numbers for the half-year ended September 30, 2025:
- Total Income for H1 FY26 stood at ₹3,761 Cr, an increase of 16%.
- Net Interest Income for the first half reached ₹1,292 Cr, up by 15%.
- Operating Profit for H1 FY26 was reported as ₹922 Cr, showing a 15% growth.
- Profit After Tax for the half-year period reached ₹635 Cr, a 15% increase year-over-year.
Balance Sheet and Key Ratios
- Total Deposits reached ₹69,486 Cr, a 21% increase.
- Advances grew to ₹57,561 Cr, reflecting an 18% increase.
- The Gross NPA ratio improved to 2.42%.
- Capital Adequacy Ratio remained strong at 21.68%.
Operational Highlights and Future Outlook
The bank highlighted its focus on maintaining asset quality and improving operational efficiency. Growth in deposits and advances signifies the bank’s expansion and market reach. CUB has 889 branches across 18 states and 4 Union territories.
Source: BSE
