City Union Bank Q1 FY27 Results: Net Profit Rises 25% to ₹383 Crore, NII Grows 31%

City Union Bank reported healthy financial performance for the quarter ended June 30, 2026, with growth across key parameters including net profit, net interest income (NII), deposits and advances. The bank also continued to improve its asset quality, with both gross and net non-performing assets (NPAs) declining compared to the same period last year.

Growth in Income and Profit

During Q1 FY27, the bank's interest income increased by 24% year-on-year (YoY) to ₹1,985 crore, while total income rose 21% to ₹2,229 crore.

Net Interest Income (NII) grew 31% to ₹820 crore, compared with ₹625 crore in Q1 FY26, supported by higher lending activity.

The bank's operating profit increased 29% to ₹581 crore, while profit after tax (PAT) rose 25% to ₹383 crore, up from ₹306 crore in the corresponding quarter last year.

Deposits and Advances Continue to Grow

City Union Bank reported steady growth in its balance sheet during the quarter.

• Deposits increased 21% YoY to ₹79,342 crore.
• Advances grew 25% YoY to ₹67,645 crore.
• Total business expanded 23% to ₹1,46,987 crore.
• CASA deposits rose 18% to ₹21,094 crore. 

The bank's average credit-deposit ratio stood at 86%, reflecting healthy credit growth.

Asset Quality Improves Further

The bank continued to strengthen its asset quality during Q1 FY27.

• Gross NPA declined to 1.73% from 2.99% a year earlier.
• Net NPA improved to 0.61%, compared with 1.20% in Q1 FY26.
• The bank maintained a Provision Coverage Ratio (PCR) of 85%, including technical write-offs. 

The bank noted that both gross and net NPAs have shown sequential improvement over the past 12 quarters.

About City Union Bank

City Union Bank is a private sector bank with 1,000 branches across 17 states and three Union Territories. The bank offers a range of banking services through physical branches as well as digital platforms, including internet banking, mobile banking, ATMs and digital payment solutions. It has a strong presence in lending to SMEs, agriculture and trading businesses.

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City Union Bank Share Price Movement

City Union Bank share price (NSE: CUB) gained sharply on July 28, 2026, rising 7.65% to ₹238.40 at around 3:11 PM IST. The stock opened at ₹221.10, touched an intraday high of ₹245.38, which also marked its 52-week high, and slipped to a low of ₹217.95 during the session. 

Conclusion

City Union Bank delivered a solid performance in Q1 FY27, supported by healthy growth in lending, higher net interest income and improved profitability. The bank also strengthened its asset quality, with lower NPAs and stable financial ratios, while maintaining steady growth in deposits and overall business. 

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