City Union Bank FY26 Results: Profit Up 18%, Deposits Grow 23%

City Union Bank reported its financial performance for Q4 FY26. Total income rose 20% year-on-year to ₹2,146 crore, while Net Interest Income (NII) surged 31% to ₹786 crore. 

Profit After Tax (PAT) increased 25% to ₹360 crore, marking the highest quarterly profit achieved by the bank. Operating profit also grew 31% to ₹580 crore, reflecting improved core business strength.

Full-Year FY26 Financial Highlights

For the full financial year FY26, the bank maintained steady growth momentum. Total income increased 17% to ₹7,909 crore, while NII rose 22% to ₹2,830 crore. 

Profit After Tax for FY26 stood at ₹1,326 crore, up 18% compared to the previous year. Core operating profit grew 20% to ₹2,014 crore.

Business Growth and Balance Sheet Expansion

City Union Bank demonstrated strong balance sheet expansion during FY26. Total deposits grew 23% to ₹78,308 crore, while advances increased to ₹66,699 crore. Overall business reached ₹1,45,007 crore, reflecting healthy credit demand. 

CASA deposits stood at ₹21,644 crore, contributing around 28% of total deposits. Additionally, the cost of deposits improved to 5.70%.

Improvement in Asset Quality

The bank showed notable improvement in asset quality during the year. Gross NPA ratio declined to 1.91% from 3.09% in FY25, while Net NPA reduced to 0.68% from 1.25%. This reflects effective risk management and recovery efforts. Lower NPAs also contributed to better profitability and reduced credit costs.

Expense Trends and Profitability

Operating expenses increased in line with business growth, rising to ₹497 crore in Q4 and ₹1,854 crore for FY26. However, the bank maintained profitability through strong income growth. Provisions stood at ₹688 crore as of March 31, 2026, compared to ₹555 crore last year, indicating a prudent approach to risk coverage.

City Union Bank Share Price Today

On April 28, 2026, City Union Bank share price opened at ₹281.52, touching the day’s low at ₹293.51, as of 12:06 PM on the NSE.

Also Read: City Union Bank Expands Network with 5 New Branches!

Conclusion

City Union Bank’s FY26 performance highlights a balanced growth strategy driven by strong income expansion, improving asset quality, and disciplined cost management. With robust deposit growth and better credit metrics, the bank is well-positioned to sustain its growth trajectory while maintaining financial stability in the coming periods.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a private recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.