How does this quarter compare to the previous quarter?

Net profit rose from ₹360 cr in Mar 2026 to ₹383 cr, a 6.4% sequential increase. Gross NPA fell 18 bps to 1.73%.

What is the bonus issue details?

The bank allotted 24.8 crore bonus shares under a 1:3 bonus approved in April, increasing paid-up capital to ₹99.1 cr.

What is the new MD's background?

R. Vijay Anandh took charge on 1 May 2026, succeeding Dr. N. Kamakodi who had a 15-year tenure. This is his first full-quarter result.

What is the bank's capital adequacy?

Capital adequacy stood at 21.73% as of June 2026, well above the regulatory minimum.

Is the QIP still on track?

The bank announced plans for a ₹500 cr QIP in June 2026. The filing does not update on its timing.

Earnings · Banks · Mid cap

City Union Bank Q1 profit jumps 25% to ₹383 cr, NPA slide continues

Gross NPA falls to 1.73% from 1.91% sequentially; first full quarter under new MD R. Vijay Anandh.

— 2 earlier stories on City Union Bank Ltd. →

CUB By Tipsheet Editorial 28 Jul 2026 · 2:36 PM IST Verify on BSE · NSE

Mkt cap₹19,702 cr

P/E14.86×

ROE12.58%

Debt / eq.0.23

Div yld0.73%

25% YoY jump in net profit to ₹383 crore

What's new

Net profit ₹383 cr, up 25% YoY
Gross NPA improved to 1.73% from 1.91% QoQ
First full quarter under new MD R. Vijay Anandh

Why this matters

Asset quality is on a sustained downward trend. Gross NPA at 1.73% is the lowest in over a decade. With capital adequacy at 21.73% and a planned ₹500 cr QIP, the bank has headroom to grow without straining its balance sheet.

What we're watching

Execution of the planned ₹500 cr QIP
Credit growth trajectory in a tight liquidity environment
Any strategic shift under the new MD

The full read

City Union Bank turned in ₹383 crore net profit for the June quarter, a 25% leap from a year ago, as provisions eased and net interest income grew. Gross NPA slipped to 1.73% from 1.91% in March, extending the decline to its lowest in a decade. Net NPA at 0.61% keeps the asset quality story intact. The quarter marks the first full period under MD R. Vijay Anandh, who took over in May. A routine quarterly beat, the numbers were largely anticipated but the trajectory is constructive. With 21.73% capital adequacy and a ₹500 cr QIP in the pipeline, the bank has room to push growth without straining its balance sheet.

Questions answered

How does this quarter compare to the previous quarter?: Net profit rose from ₹360 cr in Mar 2026 to ₹383 cr, a 6.4% sequential increase. Gross NPA fell 18 bps to 1.73%.
What is the bonus issue details?: The bank allotted 24.8 crore bonus shares under a 1:3 bonus approved in April, increasing paid-up capital to ₹99.1 cr.
What is the new MD's background?: R. Vijay Anandh took charge on 1 May 2026, succeeding Dr. N. Kamakodi who had a 15-year tenure. This is his first full-quarter result.
What is the bank's capital adequacy?: Capital adequacy stood at 21.73% as of June 2026, well above the regulatory minimum.
Is the QIP still on track?: The bank announced plans for a ₹500 cr QIP in June 2026. The filing does not update on its timing.

Mentioned: R. Vijay Anandh · ₹383 cr net profit · 1.73% gross NPA

Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Company snapshot

City Union Bank Ltd.

Banks

₹21,891 cr

P/E 16.51×

Latest quarter · Mar 2026

Net profit₹360 cr

Net margin+19.4%

EPS₹3.63

Returns & growth

Return on equity+12.6%

Sales CAGR+9.0%

EPS CAGR+11.1%

Story so far

All notes on CUB →

28 Jul 2026 · 2:36 PM IST City Union Bank Q1 profit jumps 25% to ₹383 cr, NPA slide continues
today City Union Bank Q1 profit jumps 25% to ₹383 cr, NPA slide continues
35d ago City Union Bank plans ₹500 cr QIP, sets dividend record date