City Union Bank on Wednesday reported a 26 per cent rise in net profit to Rs 416 crore for the second quarter ended September 2026, compared with Rs 329 crore in the July-September quarter of last fiscal, according to a PTI report of the bank's results.
Source: The Hindu BusinessLine (PTI)
Interest income grew 27 per cent to Rs 2,092 crore in Q2 FY27 from Rs 1,653 crore a year earlier, while total income rose to Rs 2,442.46 crore. Net interest income increased 31 per cent year-on-year to Rs 873 crore from Rs 667 crore.
Source: Kalkine India
Asset quality improves, deposits and advances grow
Asset quality improved, with net non-performing assets easing to 0.48 per cent in the September quarter from 0.90 per cent a year earlier, and gross NPA falling to 1.44 per cent from 2.42 per cent a year earlier. The capital adequacy ratio stood at 21.26 per cent at the end of September 2026.
Source: The Hindu BusinessLine (PTI)
Total deposits rose 21 per cent year-on-year to Rs 83,893 crore (yaani about Rs 83.9 thousand crore) and total advances increased 26 per cent to Rs 72,442 crore as at September 30, 2026. For the first half of FY27, net profit rose to Rs 798 crore from Rs 635 crore a year earlier. Shares of the bank were trading at Rs 215.55, up 1.05 per cent, on the BSE after the results.
Source: Kalkine India
