CUB
City Union Bank share price & financials
- Price
- ₹224.63
- Market cap
- ₹22.8k Cr
- Sector
- Financial Services
- Calls analysed
- 7
City Union Bank Limited Q1 FY27
What went well
- Credit growth of 25% YoY (June-to-June) to ₹67,645 crores, demonstrating strong business momentum.
- Deposit growth of 21% YoY to ₹79,342 crores, supported by a 22% YoY increase in average CASA to ₹20,062 crores.
- Significant asset quality improvement with Gross NPA at 1.73% (down 126 bps YoY) and Net NPA at 0.61% (down 59 bps YoY).
What to watch
- Cost of deposits is expected to slightly increase in the next few quarters, potentially impacting NIM by around 5 bps.
- Utilization levels for MSME loans dropped from 73% to 70%, though management views this as a function of business and conscious borrower behavior.
What City Union Bank Limited does
City Union Bank is a Tamil Nadu-headquartered private sector bank, incorporated in 1904, that lends primarily to MSME, retail and wholesale trade customers, with short- and long-term credit to the agricultural sector and a growing gold-loan book. It operates a pan-India branch and ATM network that is concentrated in South India, especially Tamil Nadu, and has digitalized its loan origination system to support MSME underwriting. The bank also runs domestic and forex treasury operations alongside its lending business.
Segments
- MSME & Trading
- Retail & Agriculture
- Gold Loans
- Treasury
- Branch network
- 949
- ATMs
- 1,764
- Employees
- 8,894
- South India branch concentration
- 770 of 949 branches in South India, including 578 in Tamil Nadu
- Operating history
- Oldest private sector bank in India, founded 1904, 121 years of operations
- Loan origination system
- Fully digitalized loan origination system (LOS)
Guidance record · Q1 FY27
what the last two calls moved 25 tracked 8 delivered 5 missed 12 open- Credit Growth delivered said Q3 FY25 Promised: 12% to 14% for FY26 Q1 FY27: Historical promise, achieved in FY26.
- Annual Slippages missed said Q4 FY25 Promised: ₹650 - ₹700 crores Q1 FY27: Historical promise, missed in FY26.
- Return on Assets (RoA) revised down said Q4 FY26 Promised: 1.65-1.67% Q1 FY27: Guidance revised down to 1.60%-1.65% for exit ROA. Actual Q1 ROA is 1.57%.
All 25 tracked — every revision, and every one management stopped mentioning.
Open the guidance ledgerQuarterly results
Q1 FY27: revenue up 23.7%, net profit up 25.2% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,434 | 1,479 | 1,533 | 1,605 | 1,653 +15% | 1,756 +19% | 1,856 +21% | 1,985 +24% |
| Net profit | 285 | 286 | 288 | 306 | 329 +15% | 332 +16% | 360 +25% | 383 +25% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +12.2% 1Y
1Y: ₹202.64 on 10 Sept 2025 → ₹227.32. High ₹301.75 (30 Jan 2026), low ₹183.64 (5 Jun 2026).
How the price took the results
close before → close after
- Q1 FY27
- −0.9%
- 1 Aug
- Q4 FY26
- +3.3%
- 27 Apr
- Q3 FY26
- −0.9%
- 7 Feb
- Q2 FY26
- +3.2%
- 3 Nov
The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.
Financials, as filed
Revenue grew 13.4% a year over 3 years, FY23 to FY26.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹4.7k Cr | ₹5.3k Cr | ₹5.8k Cr | ₹6.9k Cr |
| Interest | ₹2.6k Cr | ₹3.1k Cr | ₹3.5k Cr | ₹4.0k Cr |
| Depreciation | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Net profit | ₹937 Cr | ₹1.0k Cr | ₹1.1k Cr | ₹1.3k Cr |
| Net margin | 19.9% | 19.3% | 19.2% | 19.3% |
| ROE | 13.0% | 13.0% | 13.0% | 13.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹74 Cr | ₹74 Cr | ₹74 Cr | ₹74 Cr | ₹74 Cr | ₹74 Cr |
| Reserves | ₹5.8k Cr | ₹6.5k Cr | ₹7.4k Cr | ₹8.3k Cr | ₹9.9k Cr | ₹10.5k Cr |
| Borrowings | ₹1.3k Cr | ₹5.3k Cr | ₹4.7k Cr | ₹4.7k Cr | — | ₹5.3k Cr |
| Deposits | ₹44.5k Cr | ₹47.7k Cr | ₹52.4k Cr | ₹55.7k Cr | — | ₹78.3k Cr |
| Other liabilities | ₹1.6k Cr | ₹1.9k Cr | ₹2.1k Cr | ₹2.0k Cr | ₹2.8k Cr | ₹2.8k Cr |
| Total liabilities | ₹53.3k Cr | ₹61.5k Cr | ₹66.6k Cr | ₹70.8k Cr | ₹84.4k Cr | ₹97.0k Cr |
| Fixed assets | ₹233 Cr | ₹215 Cr | ₹239 Cr | ₹270 Cr | ₹388 Cr | ₹469 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹9.4k Cr | ₹12.2k Cr | ₹14.3k Cr | ₹15.7k Cr | ₹17.5k Cr | ₹19.0k Cr |
| Other assets | ₹43.6k Cr | ₹49.1k Cr | ₹52.0k Cr | ₹54.9k Cr | ₹66.5k Cr | ₹77.6k Cr |
| Total assets | ₹53.3k Cr | ₹61.5k Cr | ₹66.6k Cr | ₹70.8k Cr | ₹84.4k Cr | ₹97.0k Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, DIIs added +9.61 pp while FIIs trimmed −8.73 pp. The shareholder count grew 2% to 2,15,181.
- FIIs
- 18.6%
- DIIs
- 44.8%
- Public
- 36.5%
Since Jun 2025
- DIIs +9.61 pp
- FIIs −8.73 pp
- Public −0.90 pp
How it drifted, 12 quarters
Over this window DIIs went from 33.2% to 44.8% — +11.7 pp.
Ownership split by quarter, oldest first. Sep '23: FIIs 23.7%, DIIs 33.2%, Public 43.1%.Dec '23: FIIs 26.6%, DIIs 32.4%, Public 41.0%.Mar '24: FIIs 26.9%, DIIs 29.5%, Public 43.5%.Jun '24: FIIs 26.4%, DIIs 32.5%, Public 41.0%.Sep '24: FIIs 26.0%, DIIs 33.6%, Public 40.4%.Dec '24: FIIs 27.4%, DIIs 33.6%, Public 39.0%.Mar '25: FIIs 28.0%, DIIs 33.1%, Public 38.9%.Jun '25: FIIs 27.4%, DIIs 35.2%, Public 37.4%.Sep '25: FIIs 26.0%, DIIs 36.8%, Public 37.3%.Dec '25: FIIs 23.5%, DIIs 40.2%, Public 36.3%.Mar '26: FIIs 23.4%, DIIs 40.7%, Public 35.9%.Jun '26: FIIs 18.6%, DIIs 44.8%, Public 36.5%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- SBI Mutual Fund Mutual fund newly disclosed 5.44% held
- Axis Mutual Fund Mutual fund newly disclosed 3.35% held
- Edelweiss Mutual Fund Mutual fund newly disclosed 3.08% held
- Sriram Vaidyanathan newly disclosed 2.20% held
- Axis Max Life Insurance Limited Insurer newly disclosed 1.58% held
- Sriram V HUF newly disclosed 1.22% held
- Tata AIA Life Insurance Company Limited Insurer newly disclosed 1.01% held
- Aditya Birla Sun Life Trustee Private Limited - 2 Mutual fund +0.50 pp 1.56% held
The same filing shows 3 holders trimming and 5 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of City Union Bank Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| HDFC Mutual Fund Mutual fund | 6.50% | −0.09 pp |
| SBI Mutual Fund Mutual fund | 5.44% | newly disclosed |
| Axis Mutual Fund Mutual fund | 3.35% | newly disclosed |
| HSBC Mutual Fund Mutual fund | 3.33% | unchanged |
| Edelweiss Mutual Fund Mutual fund | 3.08% | newly disclosed |
| HDFC Life Insurance Company Limited Insurer | 2.83% | unchanged |
| SBI Life Insurance Co. Ltd Insurer | 2.73% | +0.31 pp |
| Sriram Vaidyanathan | 2.20% | newly disclosed |
| Vilasini Vaidyanathan | 2.04% | unchanged |
| Visalam G | 2.04% | unchanged |
| Axis Max Life Insurance Limited Insurer | 1.58% | newly disclosed |
| Aditya Birla Sun Life Trustee Private Limited - 2 Mutual fund | 1.56% | +0.50 pp |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Mutual funds in CUB
Filings to Aug 2026
1 new, 4 added, 1 trimmed, 1 sold out — net +18.65 L shares (+1.9%).
- Held by funds
- ₹2.2k Cr
- 10 schemes
- Biggest holder
- SBI Smallcap Fund
- ₹1.2k Cr · 2.8% of that fund
| Scheme | Holding | Last month | Held since |
|---|---|---|---|
| SBI Smallcap Fund SBI Mutual Fund | ₹1.2k Cr | held | Aug '21 |
| HDFC Small Cap Fund HDFC Mutual Fund | ₹551 Cr | held | Oct '24 |
| Nippon India Small Cap Fund Nippon India Mutual Fund | ₹313 Cr | held | Apr '24 |
| SBI Quality Fund SBI Mutual Fund | ₹57 Cr | new | Aug '26 |
| Nippon India Nifty Smallcap 250 Index Fund Nippon India Mutual Fund | ₹35 Cr | +0.19 L | Mar '22 |
| HDFC Retirement Savings Fund - Hybrid-Equity Plan HDFC Mutual Fund | ₹19 Cr | held | Jun '24 |
| SBI Nifty Smallcap 250 Index Fund SBI Mutual Fund | ₹18 Cr | +0.09 L | Oct '22 |
| Nippon India Nifty 500 Equal Weight Index Fund Nippon India Mutual Fund | ₹1 Cr | +0.00 L | Sep '24 |
HDFC, Nippon India and SBI schemes, from their monthly disclosures. Changes are counted in shares, so a price move never looks like buying or selling.
Mutual funds Aug 2026
4 added, 1 trimmed — net +18.65 L shares (+1.9%)
- Funds are sitting on
- +86%
- vs est. average cost
- Held by funds
- ₹2.2k Cr
- 10 schemes · ≈ 9.7% of the company
- Biggest holder
- SBI Smallcap Fund
- ₹1.2k Cr · 2.8% of that fund
Shares held by these funds +10%
Aug '23 9.67 cr shares Jul '26
All earnings calls (7)
Read the Q1 FY27 call →Learn to analyse City Union Bank Limited
Guides on how to read this kind of business and the numbers that matter.