City Union Bank , a prominent player in the Indian banking sector, has made two significant announcements that highlight its ongoing growth and commitment to transparency.

New Branch Opening in Chennai

City Union Bank has expanded its physical presence with the opening of a new branch on July 21, 2025. The latest addition to the bank's network is located at Door No.23, Chamiers Road, opposite the Royal Thai Embassy in Nandanam, Chennai. This strategic location in the heart of Chennai is expected to serve a diverse range of customers in the area.

With this new branch, City Union Bank has reached a milestone of 879 branches across its network. This expansion underscores the bank's commitment to enhancing its accessibility and serving a wider customer base.

Upcoming Board Meeting for Q1 Financial Results

In a move that will be of interest to investors and market analysts, City Union Bank has scheduled a crucial Board of Directors meeting for July 31, 2025. The primary agenda of this meeting is to consider and approve the un-audited standalone financial results for the quarter ended June 30, 2025.

It's important to note that these financial results will be subject to a limited review by the Joint Statutory Central Auditors of the bank. This process ensures compliance with regulatory requirements and provides stakeholders with a reliable overview of the bank's financial performance.

Compliance with SEBI Regulations

The bank has duly informed the stock exchanges about these developments, adhering to the regulations set by the Securities and Exchange Board of India (SEBI). Specifically, the announcement of the board meeting complies with Regulation 29(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, as amended.

City Union Bank's proactive communication with the stock exchanges demonstrates its commitment to corporate governance and transparency. The bank has also reminded stakeholders about the closure of the trading window, which was previously communicated on June 26, 2025, in line with insider trading prevention norms.

As City Union Bank continues to grow its physical presence and prepares to disclose its quarterly financial performance, stakeholders will be keenly watching for insights into the bank's operational and financial health in the evolving banking landscape.

City Union Bank has announced significant financial decisions and released its Q4 results, showcasing the bank's strategic moves and financial performance.

Board Approves ₹500 Crore QIP Fundraising

The board of City Union Bank has given its approval for raising ₹500.00 crore through a Qualified Institutional Placement (QIP). This decision is subject to approval at the Annual General Meeting (AGM) scheduled for August 13. The QIP, a method of raising capital from qualified institutional buyers, indicates the bank's intent to strengthen its financial position and support future growth initiatives.

Dividend Declaration

In a move that will please shareholders, City Union Bank has confirmed a dividend of ₹2.00 per share. This dividend declaration reflects the bank's commitment to delivering value to its shareholders while maintaining a balance with its growth objectives.

Q4 Financial Performance Highlights

The bank's Q4 results reveal a mixed but generally positive financial picture:

• Net Interest Income (NII): Increased by 9.80% year-over-year, indicating improved core banking performance.
• Asset Quality:
  • Gross Non-Performing Assets (GNPA) stood at 3.09%
  • Net Non-Performing Assets (NNPA) were at 1.25%

These figures suggest that the bank has maintained relatively stable asset quality.

Financial Performance Overview

Examining the bank's financial data provides additional context:

The bank has shown consistent growth across key financial metrics, with double-digit increases in revenue, net profit, earnings per share (EPS), and EBITDA compared to the previous year.

City Union Bank's decision to raise funds through QIP, coupled with its dividend declaration and solid financial performance, positions the bank for potential growth and signals confidence in its future prospects. The upcoming AGM on August 13 will be a key event for shareholders to ratify these decisions and gain further insights into the bank's strategic direction.