City Union Bank Approves ₹500 Crore QIP Fundraising and ₹2 Per Share Dividend 7 days ago
City Union Bank's board approved raising ₹500 crore through QIP, subject to AGM approval on August 13. The bank declared a dividend of ₹2.00 per share. Q4 results show 9.80% YoY increase in Net Interest Income, with GNPA at 3.09% and NNPA at 1.25%. Financial performance includes 15.14% YoY revenue growth to ₹1,783.90 crore, 13.03% increase in net profit to ₹288.00 crore, and 13.08% rise in EPS to ₹3.89.
City Union Bank Board to Convene for Capital Increase Deliberations Jun 05, 2025
City Union Bank Reports Strong Q4 FY23 Results: 14% Credit Growth and Improved Asset Quality May 05, 2025
City Union Bank Reports Robust Q4 FY23 Performance with 13% Profit Growth May 02, 2025
City Union Bank Reports 13% Profit Growth in Q4, Declares 200% Dividend May 02, 2025
More news about City Union Bank
15Apr 25
City Union Bank Sees Significant Block Trade of Over 1 Million Shares
City Union Bank (CUB) experienced a significant block trade on the National Stock Exchange (NSE). Approximately 1,012,265 shares, representing 0.14% of the bank's total outstanding shares, were traded at Rs. 164.98 per share, totaling Rs. 16.70 crores. The identities of the buyer and seller were not disclosed. This transaction has drawn attention from market participants, potentially indicating shifts in institutional holdings or strategic moves by large investors.
15Apr 25
City Union Bank Witnesses Significant Block Trade Worth ₹16.70 Crore
A block trade of 1,012,265 shares of City Union Bank Ltd. was executed on the National Stock Exchange at ₹164.98 per share, totaling ₹16.70 crore. The transaction, involving a significant number of securities, was carried out through the NSE platform. While the parties involved remain undisclosed, such trades can indicate shifts in institutional holdings or major stakeholder positions.
10Mar 25
City Union Bank: Asset Quality Improves Amid Challenges and Expansion Plans
City Union Bank's stock has declined 11% over the past month due to higher provisioning and margin pressure. However, the bank shows positive signs with loan book growth and improved asset quality, reducing its GNPA from 4.5% to 3.4% year-over-year. Strategic initiatives include geographical expansion beyond Tamil Nadu and focus on MSME and agriculture loans. Icra revised the bank's outlook to 'positive' in November 2024, reflecting confidence in its financial health.