Live City Union Bank Share Price Chart

O 146

H 146

L 146

VOL 23859

City Union Bank Performance

Days Range

Low: ₹143.70
High: ₹146.45
Previous Close ₹145.00
Open ₹146.00
Volume 37,11,490
Day’s Range ₹143.70 - ₹146.45
52W Range ₹119.50 - ₹167.80
Market Cap ₹10,739 Cr

City Union Bank Fundamentals

ROCE (TTM) 1.63
P/E Ratio (TTM) 10.97
P/B Ratio 1.36
Industry P/E 14.81
Debt to Equity NA
ROE 12.87
EPS (TTM) 13.22
Dividend Yield 1.03
Book Value 106.54
Face Value 1

City Union Bank Financials

Jun 2023Sep 2023Dec 2023Mar 2024
Profit before tax262.27330.61318.03319.82
Net Profit227.27280.61253.03254.82
EPS in Rs3.083.783.423.44

About City Union Bank

History of City Union Bank Limited

Incorporated in 1904 as The Kumbakonam Bank Limited, City Union Bank (CUB) Limited is one of the popular scheduled commercial banks in the private sector in south India.

The bank was established as a regional bank in the Delta District Thanjavur. In January 1930, they opened their first branch in Mannargudi. By 1955, they had several branches in regions Nagapattinam, Ayyampet, Sannanallur, Thirukattupalli, Manapparai, Tiruvarur, Porayar and Mayuram. In April 1965, two other local banks, ‘The City Forward Bank Limited’ and ‘The Union Bank Limited’, were amalgamated, forming The Kumbakonam City Union Bank Limited. This amalgamation resulted in the addition of 6 more branches. In the same year, they opened their first branch in Madras. From 1968 to 1973, the bank opened more than 10 branches in Tamil Nadu.

In 1980, they opened their first branch outside Tamil Nadu in Bangalore, followed by another branch in Andhra Pradesh. In 1987, the bank’s name was changed to City Union Bank Limited. The bank started growing and set up Automated Teller Machines ( ATMs), and later got a licence to function as a Depository Participant under National Securities Depository Limited. In 1998, the bank released its IPO and got listed on the stock exchange.

As of March 2023, the bank has 752 branches and 1,678 ATMs across 19 states in India.

Business Segments of City Union Bank Limited 

There are several business segments of the bank, as follows:

  • Personal: Under this, the bank offers personal banking services, such as loans, accounts, debit cards, credit cards, insurance, deposits, etc.
  • Gold Loans: Under this, the bank provides gold loans, such as personal gold loan and agriculture gold loan. They also provide gold-based overdraft facilities.
  • MSME: Under this segment, the bank offers banking services for Micro, Small & Medium Enterprises (MSME). They provide loans, accounts, deposits, international business services and more.
  • Corporate: Under this, the bank offers corporate banking services, such as loans, accounts, debit cards, credit cards, insurance, deposits, etc.
  • Agri and Rural: For agricultural and rural customers, the bank offers banking services, such as loans, accounts, deposits, etc., under this segment.
  • NRI: This segment is for NRIs who want to avail banking facilities, such as accounts, loans, insurance, deposits, etc.
  • Tech Banking: Under this, the bank offers online banking services, demat account, CUB wallet, and much more.

As of March 31, 2023, there are no subsidiaries of City Union Bank Limited.

Key Personalities of City Union Bank Limited

Dr. N. Kamakodi, Managing Director and Chief Executive Officer (CEO)

Dr. N. Kamakodi has been the CEO and Managing Director of City Union Bank Limited since May 2011. He comes with about 20 years of experience. He joined the bank in 2003 as Deputy General Manager (DGM) and later was promoted to General Manager in 2005 and Executive Director in 2006.

Corporate Actions of City Union Bank Limited

  • Bonus share of a 1:10 ratio with a record date of August 16, 2017.
  • Bonus share of a 1:10 ratio with a record date of July 11, 2018.
Parent Organisation Indian Private
Founded 1904
Managing Director M Narayanan
NSE Symbol CUB

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City Union Bank FAQs

What is the Share price of City Union Bank (CUB)?

City Union Bank (CUB) share price as of May 22, 2024, on NSE is Rs 143.90 (NSE) and Rs 144.00 (BSE) on BSE.

Can I buy City Union Bank (CUB) shares?

Yes, You can buy City Union Bank (CUB) shares by opening a Demat account with Angel One.

How do I buy City Union Bank (CUB) from Angel One?

City Union Bank (CUB) share can be brought through the following modes:
  1. Direct investment: You can buy City Union Bank (CUB) shares by opening a Demat account with Angel One.
  2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to City Union Bank (CUB) shares.

Is City Union Bank a Debt free Company?

City Union Bank Ltd is not debt-free, however, its current Debt to Equity stands around 0.77 which is a good indicator of the company’s liquidity. As of March 2022, their total liabilities are at 59587.20 crores.

What is the main business of City Union Bank?

City Union Bank’s primary business focus is lending to MSME Retail/Wholesale Trade with a granular asset profile including providing short-term and long-term loans to the agricultural sector.