City Union Bank (CUB) has released its Investor Presentation for Q2 FY26, showcasing a 21% increase in deposits, reaching ₹69,486 CR, and an 18% growth in advances to ₹57,561 CR. The presentation highlights the bank’s focus on MSME and retail lending, coupled with digital initiatives and robust corporate governance practices.
Q2 FY26 Performance Highlights
City Union Bank (CUB) reported strong financial results for Q2 FY26:
- Deposits increased by 21% to ₹69,486 CR.
- Advances grew by 18% to ₹57,561 CR.
- Total business expanded by 20%, reaching ₹1,270 Bn.
- Net NPA stood at 0.90%.
Key Financial Figures (₹ in Millions)
The bank’s Q2 FY26 performance compared to Q2 FY25 showcases significant growth:
Deposits: ₹694,860 (Q2 FY26) vs ₹573,691 (Q2 FY25)
Advances: ₹575,612 (Q2 FY26) vs ₹487,220 (Q2 FY25)
Total Business: ₹1,270,472 (Q2 FY26) vs ₹1,060,911 (Q2 FY25)
CASA: ₹195,369 (Q2 FY26) vs ₹168,934 (Q2 FY25)
H1 FY26 Performance Highlights
The bank also demonstrated solid growth in the first half of FY26:
- Net Interest Income rose by 15%, reaching ₹12,918 Million.
- Gross Profit increased by 15% to ₹9,215 Million.
- Net Profit also grew by 15%, totaling ₹6,345 Million.
Key Business Ratios
Several key business ratios underscore the bank’s efficiency and profitability:
- Net Interest Margin: 3.63%
- Cost to Income: 49.16%
- Gross NPA: 2.42%
- Net NPA: 0.90%
Loan Book Composition
The bank’s loan book is diversified, with 42% constituted by Trading and MSME loans. Sectoral deployment shows:
- MSME: 40%
- Agriculture: 16%
Gross Advances stand at ₹575,612 Million.
Strategic Initiatives
CUB is focusing on technology adoption, including:
- UPI Multi Signatory
- UPI Reserve Pay
- CUB Desire (Systematic Savings Plan)
- CUB Depend (Credit Line on UPI)
Source: BSE
