City Union Bank Limited reported strong financial growth for the fiscal year ended March 31, 2026. The Board of Directors has approved a dividend of Rs. 2 per equity share (200% on face value) and announced a bonus share issuance in a 1:3 ratio. The bank achieved a standalone net profit of Rs. 1,326.23 crore for the full year, reflecting sustained operational efficiency and growth across its key banking segments.
Fiscal Year 2026 Financial Performance
City Union Bank has delivered a solid performance for the financial year ended March 31, 2026. The bank reported an annual standalone net profit of Rs. 1,326.23 crore, compared to Rs. 1,123.62 crore in the previous year. For the final quarter (Jan-Mar 2026), the bank recorded a net profit of Rs. 359.56 crore. Total income for the year stood at Rs. 7,908.59 crore, underscoring the bank’s consistent growth trajectory.
Shareholder Returns and Bonus Issue
Reflecting its commitment to enhancing shareholder value, the Board of Directors has recommended a dividend of Rs. 2 per equity share for the fiscal year 2025-26, subject to approval at the upcoming Annual General Meeting. Additionally, the Board has proposed an issuance of bonus shares in a 1:3 ratio, granting one bonus equity share for every three fully paid-up equity shares held by shareholders as of the record date.
Segmental Highlights and Asset Quality
The bank’s segmental performance shows significant strength in Retail Banking, which contributed Rs. 4,647.11 crore to the total annual revenue. Asset quality metrics have also shown improvement, with the Gross NPA reducing to 1.91% as of March 31, 2026, compared to 3.09% in the previous year. The Capital Adequacy Ratio remained robust at 21.92% under Basel III norms, ensuring a strong foundation for future lending and operational activities.
Source: BSE
