# City Union Bank (CUB) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/cub

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹219.5
- Change: +0.41%
- As of: 2026-11-06
- 1D return: +0.41%
- 5D return: +2.47%
- 1M return: -0.26%
- Latest complete quarter: fy27_q2

## Faxioms Analysis

_As of 2026-11-06_

### Technical Outlook

CUB presents a mixed technical picture as of 6 November 2026, with the stock trading at ₹219.50. On the daily horizon, the trend is weak and bearish; the price sits below the 20-period SMA, 50-period EMA/SMA, and the Supertrend, supported by a low ADX of 11.73 indicating indecision. However, the price remains above the 200-period SMA and the 20-period EMA, suggesting some underlying support. In contrast, the monthly and weekly trends are bullish, with strong momentum (monthly ADX 63.42) and prices positioned above key moving averages and the Supertrend. This divergence suggests the stock is in a short-term consolidation phase within a longer-term uptrend. Recent volatility includes a moderate upward gap on 29 October (+5.5%) and extreme participation on 28 October. The stock is currently near the middle of its 20-day range but in the upper-middle of its 252-day range. Immediate resistance lies at ₹222.28 (1.27% above), while support is found at ₹218.47 (0.47% below). Annualized volatility stands at +36.3%, with a current drawdown of -8.0%. A daily close above ₹222.28 would help align the daily trend with the broader bullish structure.

- Trend Divergence: Daily trend is weak/bearish (ADX 11.73, price below Supertrend/20SMA/50EMA), while monthly and weekly trends remain bullish with strong momentum.
- Key Levels: Resistance at ₹222.28 (+1.27%) and ₹225.97 (+2.95%); Support at ₹218.47 (-0.47%) and ₹214.78 (-2.15%).
- Volatility & Risk: High annualized volatility (+36.3%) and ATR (4.25%); current drawdown is -8.0% from available high.
- Confirmation Condition: A sustained daily close above ₹222.28 would signal a potential shift toward aligning with the bullish monthly/weekly structure.

- Bullish Engulfing Reversal
- Inside Bar
- Outside Bar
- Doji

### News Context

On November 2, 2026, City Union Bank (CUB) announced that the Reserve Bank of India (RBI) has approved the appointment of Sankaran G as Whole-time Director and Executive Director. Currently serving as the bank’s Executive President, Sankaran will assume this role for a three-year term effective from the date he takes charge. The bank indicated it is taking necessary steps to induct him onto its Board pending final Board approval and subsequent communication to the stock exchange. This regulatory approval strengthens the bank's senior management structure by formalizing an existing internal leader into a key executive position.

- RBI Approval: The Reserve Bank of India approved Sankaran G as Whole-time Director and Executive Director on November 2, 2026.
- Tenure: The appointment is for a fixed three-year term, effective upon taking charge.
- Internal Promotion: Sankaran G moves from his current role as Executive President to the Executive Director position.
- Next Steps: The bank is proceeding with Board induction processes and stock exchange communications pending final Board approval.

- [RBI approves appointment of Sankaran G as ED of City Union Bank](https://www.thehindubusinessline.com/money-and-banking/rbi-approves-appointment-of-sankaran-gas-ed-of-city-union-bank/article71657935.ece)
- [City Union Bank receives RBI nod for new ED](https://www.thehindubusinessline.com/money-and-banking/city-union-bank-recieves-rbi-nod-for-new-ed/article71657562.ece)

### What Changed

City Union Bank (CUB) has materially updated its investor engagement activities, marking a shift from passive disclosure to active dialogue. On November 5, 2026, the bank filed an outcome report regarding an 'Investor Conference' organized by Ashika Stock Services Limited in Mumbai. This event followed the bank's initial announcement on October 30, 2026, signaling a structured approach to communicating with analysts and institutional investors.

While the specific content of the conference call is not detailed in the current evidence pack, the filing itself confirms that management participated in direct discussions with the investment community. This represents a change in the frequency and nature of external communications compared to earlier periods where such events were not reported. The bank continues to operate as a listed entity on the NSE, maintaining its standard reporting obligations. Investors should monitor subsequent filings for any substantive updates or strategic insights shared during this conference, as these could influence market sentiment and valuation metrics.

- On November 5, 2026, City Union Bank filed the outcome of an Investor Conference held in Mumbai, organized by Ashika Stock Services Limited.
- The conference participation follows the bank's prior communication to stock exchanges dated October 30, 2026.
- This filing indicates a recent increase in direct engagement with analysts and institutional investors.
- No specific financial metrics or strategic decisions from the conference are disclosed in the available evidence.

- [Outcome of Analyst Conference Call - Ashika Stock Services Limited |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/CUB_05112026154932_OutcomeAnalystConCallAshikaStockServices.pdf)

### Official Filings

City Union Bank (CUB) reported strong Q2 FY2027 financials, with Profit After Tax rising 27% year-on-year to ₹416 crores. The bank’s total business crossed ₹150,000 crores, driven by a 26% YoY growth in advances to ₹72,442 crores and a 21% rise in deposits to ₹83,893 crores. Management projects a Net Interest Margin (NIM) of 3.85%-3.95% for the remainder of the fiscal year. Asset quality remains robust, with Net NPA at 0.48% and Gross NPA at 1.44%. Additionally, the bank sold accounts worth ₹803 crores to an Asset Reconstruction Company (ARC) for ₹131 crores.

On the governance front, CUB received Reserve Bank of India approval on November 2, 2026, for the appointment of Shri Sankaran G as Executive Director (Whole Time Director), effective upon taking charge for a three-year tenure. The Board also approved an increase in authorized share capital from ₹10,000 lakh to ₹20,000 lakh following RBI no-objection and shareholder approval. A contingent provision of ₹5,000 lakh was made during the quarter for unforeseen economic uncertainties.

- Q2 FY2027 PAT grew 27% YoY to ₹416 crores; advances rose 26% YoY to ₹72,442 crores and deposits increased 21% to ₹83,893 crores.
- Net NPA stands at 0.48% and Gross NPA at 1.44%; management projects NIM of 3.85%-3.95% for Q3/Q4 FY2027.
- RBI approved the appointment of Shri Sankaran G as Executive Director (Whole Time Director) on November 2, 2026, for a three-year tenure.
- Authorized share capital increased from ₹10,000 lakh to ₹20,000 lakh; a ₹5,000 lakh contingent provision was created for economic uncertainties.

- [Outcome of Analyst Conference Call - Ashika Stock Services Limited |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/CUB_05112026154932_OutcomeAnalystConCallAshikaStockServices.pdf)
- [CITY UNION BANK LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_1678_WebXMLFile_20261105_172133049.xml)
- [City Union Bank Limited has informed the Exchange about Transcript |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/CUB_02112026133707_CUB_Earning_Call_Transcript_Q2H1FY27.pdf)
- [CITY UNION BANK LIMITED has informed the Exchange about Transcripts - earnings or quarterly calls |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_1678_WebXMLFile_20261102_135950834.xml)
- [Approval of RBI for Appointment of Shri Sankaran G as Executive Director (Whole Time Director) of the Bank |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/CUB_02112026183459_CUB_RBI_Approval_Shri_Sankaran_ED.pdf)
- [City Union Bank Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/CUB_30102026133912_ScheduleofAnalystConCall.pdf)
- [CITY UNION BANK LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_1678_WebXMLFile_20261029_111940213.xml)
- [CITY UNION BANK LIMITED has informed the Exchange about Audio Recording/Video Recording |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_1678_WebXMLFile_20261029_111940213.xml)
- [City Union Bank Limited has informed the Exchange about Copy of Newspaper Publication on Standalone Un Audited Financial Results for Q2 and H1 FY 2027 |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/CUB_29102026152609_PaperPublicationQ2FY2027.pdf)
- [City Union Bank Limited has submitted to the Exchange, Standalone Un Audited financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/CUB_28102026121248_CUB_Exchange_Intimation_Q2FY2027.pdf)

### Fundamentals

City Union Bank demonstrates a robust expansion trajectory in FY2026-27, characterized by accelerating revenue growth and improved earnings quality. For the first half of the fiscal year, income rose sequentially from ₹2,229 crore in Q1 to ₹2,442 crore in Q2, driven by interest earned increasing from ₹1,985 crore to ₹2,092 crore. Net profit followed this momentum, climbing from ₹383 crore to ₹416 crore. The bank’s financing margin remained stable at 9.0% in the September quarter, indicating effective management of interest expenditures despite higher absolute costs (₹1,219 crore). On a trailing twelve-month basis, compounded sales growth accelerated to 23%, with TTM net profit reaching ₹1,490 crore.

The balance sheet reflects significant asset growth, with total assets expanding to ₹1,03,462 crore as of September 2026, up from ₹84,402 crore a year prior. This was funded by a substantial rise in deposits to ₹83,893 crore and advances growing to ₹71,743 crore. While borrowings increased to ₹5,280 crore, the bank maintained a consistent Return on Equity of 13%. Shareholding patterns show a notable shift, with Domestic Institutional Investors (DIIs) increasing their stake to 47.99%, while Foreign Institutional Investors (FIIs) reduced theirs to 17.39%. The number of shareholders declined slightly to 203,678, suggesting consolidation among larger holders.

- Revenue and profit momentum is strong: Q2 FY2026-27 income reached ₹2,442 crore (+9.5% sequential) and net profit hit ₹416 crore, supported by a stable 9.0% financing margin.
- Asset base expanded significantly to ₹1,03,462 crore (Sep 2026), fueled by deposit growth to ₹83,893 crore and advances rising to ₹71,743 crore.
- Earnings quality remains high with a consistent 13% ROE over three years and TTM compounded sales growth accelerating to 23%.
- Institutional ownership shifted toward domestic investors, with DIIs increasing their holding to 47.99% in Sep 2026, while FIIs decreased to 17.39%.

### Bull Case

The strongest evidence-backed conditional upside case for City Union Bank rests on a divergence between short-term daily momentum and longer-term structural trends. While the daily technical trend is bearish with an ADX of 11.73, the monthly timeframe shows a bullish super-trend direction supported by a strong ADX of 63.42 and a Plus DI of 28.76 versus a low Minus DI of 8.99. This suggests that despite recent near-term weakness (a -0.47% pivot support at ₹218.47), the broader multi-month trajectory remains positive. Additionally, the appointment of Sankaran G as Executive Director for a three-year term provides continuity in leadership, which may support operational stability. The stock has delivered a +14.8% return over the past year and is up +68.4% since the start of the series, indicating underlying resilience. The constructive case holds conditionally if the price sustains above key monthly supports and the leadership transition proceeds without disruption.

- Monthly technical trend is bullish with a high ADX of 63.42 and Plus DI of 28.76, contrasting with the bearish daily trend.
- Leadership continuity reinforced by RBI approval of Sankaran G as ED for a three-year term effective upon charge.
- Stock maintains long-term strength with a +14.8% one-year return and +68.4% return since the start of the series.
- Immediate monitoring level is the pivot support at ₹218.47; a break below could challenge the monthly bullish structure.

- [RBI approves appointment of Sankaran G as ED of City Union Bank](https://www.thehindubusinessline.com/money-and-banking/rbi-approves-appointment-of-sankaran-gas-ed-of-city-union-bank/article71657935.ece)
- [City Union Bank receives RBI nod for new ED](https://www.thehindubusinessline.com/money-and-banking/city-union-bank-recieves-rbi-nod-for-new-ed/article71657562.ece)
- [Outcome of Analyst Conference Call - Ashika Stock Services Limited |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/CUB_05112026154932_OutcomeAnalystConCallAshikaStockServices.pdf)
- [CITY UNION BANK LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_1678_WebXMLFile_20261105_172133049.xml)
- [City Union Bank Limited has informed the Exchange about Transcript |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/CUB_02112026133707_CUB_Earning_Call_Transcript_Q2H1FY27.pdf)
- [CITY UNION BANK LIMITED has informed the Exchange about Transcripts - earnings or quarterly calls |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_1678_WebXMLFile_20261102_135950834.xml)
- [Approval of RBI for Appointment of Shri Sankaran G as Executive Director (Whole Time Director) of the Bank |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/CUB_02112026183459_CUB_RBI_Approval_Shri_Sankaran_ED.pdf)
- [City Union Bank Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/CUB_30102026133912_ScheduleofAnalystConCall.pdf)
- [CITY UNION BANK LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_1678_WebXMLFile_20261029_111940213.xml)
- [CITY UNION BANK LIMITED has informed the Exchange about Audio Recording/Video Recording |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_1678_WebXMLFile_20261029_111940213.xml)

### Bear Case

Technical indicators for City Union Bank (CUB) on November 6, 2026, present a mixed but cautionary short-term picture. The daily trend is bearish, with the stock trading at ₹219.50, down from its recent high of ₹222.99. Key momentum oscillators signal weakening upward pressure: the Average Directional Index (ADX) sits at a low 11.73, indicating weak trend strength, while the minus DI (21.28) has slightly edged above the plus DI (20.86). Furthermore, both the 20-day EMA and SMA show negative slopes (-3.2% and -2.73%, respectively), confirming near-term downward momentum.

Volatility remains elevated, with an annualized volatility of +36.3% and an ATR percentage of 4.25%. The stock is currently in an -8.0% drawdown from its peak, approaching the maximum historical drawdown of -23.3%. While the monthly trend remains bullish and year-to-date returns are positive (+1.3%), the immediate technical setup suggests resistance to further upside gains in the short term, with the nearest support level at ₹218.47 acting as a critical pivot.

- Daily trend is bearish; ADX is weak at 11.73, and minus DI (21.28) exceeds plus DI (20.86), signaling fading buying momentum.
- Short-term moving averages slope negatively (EMA 20 slope: -3.2%; SMA 20 slope: -2.73%), reflecting recent price weakness.
- Stock is in an -8.0% current drawdown, with high annualized volatility (+36.3%) and ATR (4.25%), increasing near-term risk.
- Nearest support pivot is at ₹218.47 (0.47% below current price); failure to hold this level could expose the stock to lower supports at ₹214.78.

- [RBI approves appointment of Sankaran G as ED of City Union Bank](https://www.thehindubusinessline.com/money-and-banking/rbi-approves-appointment-of-sankaran-gas-ed-of-city-union-bank/article71657935.ece)
- [City Union Bank receives RBI nod for new ED](https://www.thehindubusinessline.com/money-and-banking/city-union-bank-recieves-rbi-nod-for-new-ed/article71657562.ece)
- [Outcome of Analyst Conference Call - Ashika Stock Services Limited |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/CUB_05112026154932_OutcomeAnalystConCallAshikaStockServices.pdf)
- [CITY UNION BANK LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_1678_WebXMLFile_20261105_172133049.xml)
- [City Union Bank Limited has informed the Exchange about Transcript |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/CUB_02112026133707_CUB_Earning_Call_Transcript_Q2H1FY27.pdf)
- [CITY UNION BANK LIMITED has informed the Exchange about Transcripts - earnings or quarterly calls |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_1678_WebXMLFile_20261102_135950834.xml)
- [Approval of RBI for Appointment of Shri Sankaran G as Executive Director (Whole Time Director) of the Bank |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/CUB_02112026183459_CUB_RBI_Approval_Shri_Sankaran_ED.pdf)
- [City Union Bank Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/CUB_30102026133912_ScheduleofAnalystConCall.pdf)
- [CITY UNION BANK LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_1678_WebXMLFile_20261029_111940213.xml)
- [CITY UNION BANK LIMITED has informed the Exchange about Audio Recording/Video Recording |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_1678_WebXMLFile_20261029_111940213.xml)

### FAQs

**What recent leadership changes has City Union Bank announced, and what is the regulatory status?**

The Reserve Bank of India (RBI) approved the appointment of Sankaran G as Executive Director (Whole-time Director) for a three-year term effective from his taking charge. The bank intends to seek Board approval for his induction onto its Board pending final steps.

**How did City Union Bank perform in Q2 FY2027 regarding profitability and asset quality?**

For Q2 FY2027, the bank reported Profit After Tax (PAT) of ₹416 crores, reflecting 27% year-on-year growth. Asset quality remained strong with Net NPA at 0.48% and Gross NPA at 1.44%. Total business crossed ₹150,000 crores, with advances growing 26% YoY to ₹72,442 crores.

**What are the bank's forward projections for margins and any significant asset sales?**

Management projected a Net Interest Margin (NIM) of 3.85%-3.95% for Q3 and Q4 FY2027. Additionally, the bank disclosed selling accounts worth ₹803 crores to an Asset Reconstruction Company (ARC) for ₹131 crores during the period.

**What do current technical indicators suggest about the stock's short-term trend versus longer-term momentum?**

As of November 6, 2026, the daily trend is bearish with the price at ₹219.50, while the weekly and monthly trends remain bullish. The stock has returned +14.8% over the past year but is currently -8.0% from its maximum drawdown peak.

- [RBI approves appointment of Sankaran G as ED of City Union Bank](https://www.thehindubusinessline.com/money-and-banking/rbi-approves-appointment-of-sankaran-gas-ed-of-city-union-bank/article71657935.ece)
- [City Union Bank receives RBI nod for new ED](https://www.thehindubusinessline.com/money-and-banking/city-union-bank-recieves-rbi-nod-for-new-ed/article71657562.ece)
- [Outcome of Analyst Conference Call - Ashika Stock Services Limited |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/CUB_05112026154932_OutcomeAnalystConCallAshikaStockServices.pdf)
- [CITY UNION BANK LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_1678_WebXMLFile_20261105_172133049.xml)
- [City Union Bank Limited has informed the Exchange about Transcript |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/CUB_02112026133707_CUB_Earning_Call_Transcript_Q2H1FY27.pdf)
- [CITY UNION BANK LIMITED has informed the Exchange about Transcripts - earnings or quarterly calls |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_1678_WebXMLFile_20261102_135950834.xml)
- [Approval of RBI for Appointment of Shri Sankaran G as Executive Director (Whole Time Director) of the Bank |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/CUB_02112026183459_CUB_RBI_Approval_Shri_Sankaran_ED.pdf)
- [City Union Bank Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/CUB_30102026133912_ScheduleofAnalystConCall.pdf)
- [CITY UNION BANK LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_1678_WebXMLFile_20261029_111940213.xml)
- [CITY UNION BANK LIMITED has informed the Exchange about Audio Recording/Video Recording |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_1678_WebXMLFile_20261029_111940213.xml)
## Technical analytics

- As of: 2026-11-06
- Daily trend: Weak Downtrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹218.47
- Risk regime: Price Risk Requires Attention

### Support levels
- 206.403515625
- 194.61099609375
- 185.19

### Resistance levels
- 226.25
- 233.4825
- 238.95

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +0.41% |
| return_10 | -1.14% |
| return_1m | -1.90% |
| return_1y | +14.83% |
| return_20 | -0.26% |
| return_3m | +5.33% |
| return_5 | +2.47% |
| return_6m | +7.20% |
| return_since_start | +68.38% |
| return_ytd | +1.27% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | elevated_risk |
| label | Price risk requires attention |
| summary | Recent drawdown or price variability is high enough to warrant closer monitoring. |
| maximum_drawdown | -23.28% |
| annualized_volatility | +36.34% |

## Quarterly financials

- Latest complete quarter: fy27_q2

# City Union Bank Limited FY2026-27 Q2: Profit up 9% QoQ

City Union Bank’s standalone income rose 9.6% sequentially to ₹2,442 crore in FY2026-27 Q2, while net profit increased 8.7% to ₹416 crore. Year-on-year income and profit also grew, and advances and deposits expanded; gross and net NPA balances and ratios declined. Higher operating expenses and provisions moderated the quarter’s gains, while CET1 fell from the prior quarter.

## Income and profit growth

Interest earned increased 5.4% QoQ to ₹2,092 crore, while interest expended rose 4.7% to ₹1,219 crore. The difference between the two widened to about ₹873 crore from ₹820 crore in FY2026-27 Q1. Other income rose 43.8% QoQ to ₹350 crore, and revenue on investments increased 4.3% to ₹328 crore.

Compared with FY2025-26 Q2, income grew 27.7% and net profit rose 26.6%. Profit before tax reached ₹541 crore, up 7.6% QoQ; tax expense increased to ₹125 crore from ₹120 crore in FY2026-27 Q1.

## Advances and deposits expanded

Advances stood at ₹71,743 crore at 30 September 2026, up from ₹65,875 crore at 31 March 2026 and ₹56,681 crore at 30 September 2025. Deposits were ₹83,893 crore, compared with ₹78,308 crore and ₹69,486 crore at those respective dates. Total assets were ₹1,03,462 crore and investments ₹20,204 crore at quarter-end. Borrowings were ₹5,280 crore, broadly unchanged from ₹5,327 crore at 31 March 2026.

## Operating costs and provisions tempered earnings growth

Operating expenses increased 16.3% QoQ to ₹562 crore. Employee costs rose to ₹280 crore from ₹235 crore, while other operating expenses grew 13.4% to ₹282 crore. Expenditure excluding provisions and contingencies increased 8.1% to ₹1,782 crore.

Operating profit before provisions and contingencies nevertheless rose 13.8% QoQ to ₹661 crore. Provisions other than tax and contingencies increased 53.8% to ₹120 crore from ₹78 crore in FY2026-27 Q1.

## Asset quality improved; CET1 declined

Gross NPAs fell 10.8% QoQ to ₹1,043 crore and net NPAs declined 15.1% to ₹344 crore. The gross NPA ratio decreased to 1.44% from 1.73% in FY2026-27 Q1, while the net NPA ratio fell to 0.48% from 0.61%.

The CET1 ratio was 20.43% at 30 September 2026, down from 21.73% at 30 June 2026. It remained above the 19.18% recorded at 31 December 2025.

## Earnings per share

Basic EPS was ₹4.20 and diluted EPS ₹4.19, up from ₹3.86 and ₹3.85, respectively, in FY2026-27 Q1. Both were lower than in FY2025-26 Q2, when basic and diluted EPS were ₹4.43 and ₹4.41.

## Key Takeaway

City Union Bank delivered sequential growth in income, operating profit and net profit, alongside expansion in advances and deposits and lower NPA balances and ratios. Faster growth in operating costs and higher provisions tempered earnings growth, while the quarter-on-quarter decline in CET1 is a notable change in its capital position.

### Ratios

## Shareholding pattern

- Quarter: FY2027-Q1
- As of: 2026-06-30
- Promoter holding: +0.00%
- FII holding: +18.65%
- DII holding: +44.84%
- Mutual fund holding: +34.24%
- Retail holding: +18.78%
- Promoter pledged: +0.00%

### Major reported shareholders

- HDFC MUTUAL FUND — +6.50%
- SBI MUTUAL FUND — +5.44%
- AXIS MUTUAL FUND — +3.35%
- HSBC MUTUAL FUND — +3.33%
- EDELWEISS MUTUAL FUND — +3.08%
- HDFC LIFE INSURANCE COMPANY LIMITED — +2.83%
- SBI LIFE INSURANCE CO LTD — +2.73%
- SRIRAM VAIDYANATHAN — +2.20%
- VILASINI VAIDYANATHAN — +2.04%
- VISALAM G — +2.04%

## Official filings

- 2026-11-05 — Generic Announcement: City Union Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CUB_05112026154932_OutcomeAnalystConCallAshikaStockServices.pdf)
- 2026-11-05 — Generic Announcement: City Union Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_1678_WebXMLFile_20261105_172133049.xml)
- 2026-11-02 — Generic Announcement: City Union Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CUB_02112026133707_CUB_Earning_Call_Transcript_Q2H1FY27.pdf)
- 2026-11-02 — Generic Announcement: City Union Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_1678_WebXMLFile_20261102_135950834.xml)
- 2026-11-02 — Management Change: City Union Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CUB_02112026183459_CUB_RBI_Approval_Shri_Sankaran_ED.pdf)
- 2026-10-30 — Generic Announcement: City Union Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CUB_30102026133912_ScheduleofAnalystConCall.pdf)
- 2026-10-29 — Generic Announcement: City Union Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_1678_WebXMLFile_20261029_111940213.xml)
- 2026-10-29 — Generic Announcement: City Union Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_1678_WebXMLFile_20261029_111940213.xml)
- 2026-10-29 — Generic Announcement: City Union Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CUB_29102026152609_PaperPublicationQ2FY2027.pdf)
- 2026-10-28 — Generic Announcement: City Union Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CUB_28102026121248_CUB_Exchange_Intimation_Q2FY2027.pdf)
- 2026-10-28 — Earnings Presentation: City Union Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CUB_28102026165006_InvestorPresentationQ2FY2027.pdf)
- 2026-10-28 — Press Release: City Union Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CUB_28102026164709_PressReleaseQ2FY2027.pdf)
- 2026-10-28 — Financial Results Filing: City Union Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_BANKING_1748004_28102026061141_WEB.xml)
- 2026-10-28 — Generic Announcement: City Union Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CUB_28102026221524_AudioRecordingofEarningscallQ2FY2027.pdf)
- 2026-10-28 — Generic Announcement: City Union Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CUB_28102026221846_OutcomeofAnalystConferenceCallQ2FY2027.pdf)
- 2026-10-23 — Generic Announcement: City Union Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CUB_23102026191444_CUBANALYSTCONCALLQ2FY2027.pdf)
- 2026-10-23 — Generic Announcement: City Union Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_1678_WebXMLFile_20261023_202414016.xml)
- 2026-10-14 — Generic Announcement: City Union Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CUB_14102026195108_CUB_Status_of_Tax_Dispute_14102026.pdf)
- 2026-10-14 — Generic Announcement: City Union Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/AIATOP_1678_WebXMLFile_20261014_205932880.xml)
- 2026-10-09 — Board Meeting Notice: City Union Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CUB_09102026164112_CUB_Prior_Intimation_BM_28102026.pdf)
- 2026-10-09 — Board Meeting Notice: City Union Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_1678_WebXMLFile_20261009_174343665.xml)
- 2026-10-03 — Generic Announcement: City Union Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CUB_03102026154407_CUB_745_SEP_2026.pdf)
- 2026-09-28 — Generic Announcement: City Union Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CUB_28092026183547_CUB_Analyst_Call_Outcome_Nuvama__1_.pdf)
- 2026-09-28 — Generic Announcement: City Union Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_1678_WebXMLFile_20260928_185228867.xml)
- 2026-09-25 — Generic Announcement: City Union Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CUB_25092026134037_1002_Branch_Opening.pdf)

## News and market events

- 2026-11-02 — The Hindu: **RBI approves appointment of Sankaran G as ED of City Union Bank** — The Reserve Bank of India has approved the appointment of Sankaran G as Whole-time Director and Executive Director of City Union Bank for a three-year term. Currently serving as the bank's Executive President, Sankaran will assume the new role effective from the date he takes charge. — [Source](https://www.thehindubusinessline.com/money-and-banking/rbi-approves-appointment-of-sankaran-gas-ed-of-city-union-bank/article71657935.ece)
- 2026-11-02 — The Hindu: **City Union Bank receives RBI nod for new ED** — The Reserve Bank of India has approved the appointment of Sankaran G, currently the bank’s Executive President, as Whole-time Director (Executive Director) of City Union Bank for a three-year term. The bank stated it will take necessary steps to induct him onto its Board pending final Board approval and subsequent communication to the stock exchange. — [Source](https://www.thehindubusinessline.com/money-and-banking/city-union-bank-recieves-rbi-nod-for-new-ed/article71657562.ece)
- 2026-10-30 — MONEYCONTROL: **Buy City Union Bank; target of Rs 300: Emkay Global Financial** — Emkay Global Financial has issued a 'Buy' recommendation for City Union Bank with a price target of Rs 300. — [Source](https://www.moneycontrol.com/news/business/stocks/buy-city-union-bank-target-of-rs-300-emkay-global-financial-2-14064221.html)
- 2026-10-29 — MONEYCONTROL: **Buy City Union Bank; target of Rs 260: ICICI Securities** — ICICI Securities has issued a 'Buy' recommendation for City Union Bank with a price target of Rs 260. — [Source](https://www.moneycontrol.com/news/business/buy-city-union-bank-target-of-rs-260-icici-securities-14063490.html)
- 2026-10-29 — MONEYCONTROL: **Buy City Union Bank; target of Rs 300: Emkay Global Financial** — Buy City Union Bank; target of Rs 300: Emkay Global Financial Follow Us On: Stocks: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Others Trending Topics more Sensex Today Jio Platforms Share Price Kiren Rijiju MLC Election Results Moon Rise Time Today Silver Price Nagpur MLC Election Result Amazon Layoffs US Fed Rates Varanasi MLC Polls News more Business Markets Stocks India News City News Economy Mutual Funds Personal Finance IPO News Startups Markets more Home Currencies Commodities Pre-Market IPO Global Market US Markets Bonds Silver MCX Price Gold MCX Price Personal Finance more Hom — [Source](https://www.moneycontrol.com/news/business/stocks/buy-city-union-bank-target-of-rs-300-emkay-global-financial-14063412.html)
- 2026-10-29 — Economic Times: **City Union Bank shares rally 7% after Q2 net profit grows 27% YoY to Rs 416 Crore** — City Union Bank reported a 27% YoY rise in Q2 FY27 net profit to Rs 416 crore, driven by a 31% increase in net interest income and an improvement in asset quality with gross NPAs declining to 1.44%. The bank also recorded a 21% rise in total deposits and a 26% increase in total advances for the quarter. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/city-union-bank-shares-rally-7-after-q2-net-profit-grows-27-yoy-to-rs-416-crore/articleshow/135292565.cms)
- 2026-10-29 — MONEYCONTROL: **Buy City Union Bank; target of Rs 299: Anand Rathi** — Buy City Union Bank; target of Rs 299: Anand Rathi Follow Us On: Stocks: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Others Trending Topics more Sensex Today Jio Platforms Share Price Kiren Rijiju MLC Election Results Moon Rise Time Today Silver Price Nagpur MLC Election Result Amazon Layoffs US Fed Rates Varanasi MLC Polls News more Business Markets Stocks India News City News Economy Mutual Funds Personal Finance IPO News Startups Markets more Home Currencies Commodities Pre-Market IPO Global Market US Markets Bonds Silver MCX Price Gold MCX Price Personal Finance more Home Loans up — [Source](https://www.moneycontrol.com/news/business/stocks/buy-city-union-bank-target-of-rs-299-anand-rathi-14063297.html)
- 2026-10-28 — The Hindu: **City Union Bank Q2 net rises 26 pc to ₹416 cr** — City Union Bank posts 26% Q2 profit rise to ₹416 crore, with 27% interest income growth and improved NPA to 0.48%. — [Source](https://www.thehindu.com/business/city-union-bank-q2-net-rises-26-pc-to-416-cr/article71637650.ece)
- 2026-10-28 — Times of India: **City Union Bank reports 27% rise in Q2 FY27 PAT | Chennai News - The Times of India** — City Union Bank Q2 FY27 results: PAT up 27% to Rs 416 crore; NII rises 31%, non-interest income up 35%; advances grow 26%, GNPA drops to 1.44%. — [Source](https://timesofindia.indiatimes.com/city/chennai/city-union-bank-reports-27-rise-in-q2-fy27-pat/articleshow/135272346.cms)
- 2026-10-28 — The Hindu: **City Union Bank Q2 net up 27% at ₹416 crore on core biz growth** — City Union Bank reported a 27% increase in Q2 net profit to ₹416 crore, driven by robust core business growth and improved asset quality. The bank also noted that easing liquidity via regulatory measures such as FCNR(B) helped reduce its cost of deposits. — [Source](https://www.thehindubusinessline.com/money-and-banking/city-union-bank-q2-net-up-27-per-cent-at-416-crore-on-robust-core-growth/article71636659.ece)
- 2026-10-28 — The Hindu: **City Union Bank Q2 net rises 26% to ₹416 crore** — City Union Bank posts 26% Q2 net rise to ₹416 crore, with 27% interest income growth to ₹2,092 crore and NPA at 0.48%. — [Source](https://www.thehindubusinessline.com/money-and-banking/city-union-bank-q2-net-rises-26-to-416-crore/article71635208.ece)
- 2026-10-28 — CNBC-TV18: **City Union Bank Q2 results: Stock jumps up to 10% on strong core income growth, better asset quality** — City Union Bank made a contingent provision of ₹50 crore during the September quarter specifically for unforeseen economic uncertainties, according to its results filing. — [Source](https://www.cnbctv18.com/market/city-union-bank-q2-results-nii-profit-gross-net-npa-slippage-share-price-move-20021162.htm)
- 2026-10-28 — FEEDS: **Q2 Results Live: City Union Bank Profit Jumps Over 26%; Info Edge Declares Dividend** — Hindustan Unilever, Vedanta, TVS Motor Company, Hyundai Motor India, and Hero MotoCorp are among the 120 companies scheduled to announce their Q2 FY27 results today, October 28. Track the latest earnings announcements, financial performance, management commentary and stock market reaction live on NDTV Profit. — [Source](https://www.ndtvprofit.com/markets/q2-results-live-updates-hul-vedanta-tvs-motor-jsw-energy-among-120-companies-to-announce-earnings-today-12246315)
- 2026-10-01 — Mint: **Macquarie stock recommendations: ICICI Bank, SBI, PayTM to LIC — top 11 financial shares to buy on rerating potential** — Macquarie stock recommendations: The global brokerage is expecting a turn around in the Indian financial shares — [Source](https://www.livemint.com/market/stock-market-news/macquarie-stock-recommendations-icici-bank-sbi-paytm-to-lic-top-11-financial-shares-to-buy-on-rerating-potential-11790829958477.html)
- 2026-09-11 — The Hindu: **Mastercard and City Union Bank Unveil India’s First ‘One Credential’ Experience for Consumers and SMEs** — Mastercard and City Union Bank Unveil India's First 'One Credential' Experience for Consumers and SMEs — [Source](https://www.thehindu.com/brandhub/pr-release/mastercard-and-city-union-bank-unveil-indias-first-one-credential-experience-for-consumers-and-smes/article71454898.ece)
- 2026-09-02 — Mint: **Up to 40% returns? Looking for top stock picks for Sept 2026? Axis Securities shares list of 15 | Upside, target price** — Axis Securities presents a curated list of 15 stocks with potential returns of up to 40%. Discover which sectors and stocks are poised for growth amidst geopolitical tensions and economic shifts. — [Source](https://www.livemint.com/market/stock-market-news/up-to-40-returns-looking-for-top-stock-picks-for-sept-2026-axis-securities-shares-list-of-15-upside-target-price-11788324428926.html)
- 2026-08-13 — Mint: **Top Gainers & Losers on 13 August: Apar Industries, Hindalco, Ather Energy, Force Motors, CUB among top losers** — Indian stocks slid further, driven down by weak financial participation and high crude oil prices. The Nifty decreased by 0.34% and Sensex by 0.13%, with key sectors like metals and cement seeing significant losses amid ongoing geopolitical tensions. — [Source](https://www.livemint.com/market/stock-market-news/top-gainers-losers-on-13-august-apar-industries-hindalco-ather-energy-force-motors-cub-among-top-losers-11786615201243.html)
- 2026-07-31 — Mint: **Top Gainers & Losers on 31 July: Bajaj Finance, Hyundai Motor, GAIL, Tata Motors, Redington among top gainers today** — Indian equities closed the last trading day of July with modest gains, driven by financial and auto stocks. The Nifty 50 rose 0.20% to 24,336, while Sensex advanced 0.21% to 78,091, reflecting positive market trends despite concerns over crude oil prices. — [Source](https://www.livemint.com/market/stock-market-news/top-gainers-losers-on-31-july-bajaj-finance-hyundai-motor-gail-tata-motors-redington-among-top-gainers-today-11785490241096.html)
- 2026-07-29 — The Hindu: **Q1 Results Today Live: Thangamayil Jewellery shares tank 10% as profit fell 40% q-o-q, Colgate, Cartrade Tech & Devyani International profit up, Adani Enterprises, Adani Ports, Asian Paints, Eicher Motors, Waaree Energies, Prestige Estates, Dabur, Vedanta Oil, ACME Solar to announce Q1 results** — Q1 Results Today, 29th July 2026 Live Updates: Stay tuned for more from businessline — [Source](https://www.thehindubusinessline.com/markets/q1-results-today-live-updates-adani-enterprises-adani-ports-asian-paints-eicher-motors-waaree-energies-colgate-prestige-estates-syrma-sgs-tech-dabur-hexaware-tech-vedanta-oil-acme-results-29-july-2026/article71276282.ece)
- 2026-07-29 — CNBC-TV18: **Sensex Today | Stock Market LIVE Updates: Nifty rises over 250 points as market nears day's high** — Sensex Today | Stock Market LIVE Updates: The markets are on the rise, and are trading on a stromg footing. The Nifty up over 200 points, jumping to 24,200. The Nifty Bank index is up 300 points, rising to 57,000. Infosys, Larsen & Toubro and HUL are the top gainers. — [Source](https://www.cnbctv18.com/market/stock-market-live-updates-sensex-nifty-50-today-hul-asian-paints-adani-oil-lt-grse-it-dmart-share-price-liveblog-19956206.htm)
- 2026-07-29 — The Hindu: **Sensex today | Stock Market Live: Sensex jumps over 850 points, Nifty tops 24,240 as IT and consumer stocks lead rally** — Sensex, Nifty, Share Prices Live: Early stock market gains were led by IT, consumer and telecom stocks, even as global investors waited for the U.S. Federal Reserve's interest rate decision later in the day. — [Source](https://www.thehindubusinessline.com/markets/sensex-nifty50-today-stock-market-live-updates-29-july-2026/article71276758.ece)
- 2026-07-29 — CNBC-TV18: **Q1 Results LIVE Updates: L&T shares rise 3%, Phoenix Mills down 5%; Four Nifty names, Dabur, Bajaj Housing report** — Q1 Results LIVE Updates: Four Nifty 50 stocks are reporting their earnings today namely Asian Paints, Adani Enterprises, Adani Ports and Eicher Motors. Dabur, Waaree Energies, ACME Solar, Bajaj Housing Finance, CarTrade Tech, Chalet Hotels, Colgate-Palmolive, J&K Bank, Hexaware Technologies, KPIT Tech, Garden Reach Shipbuilders, Force Motors, Dhanlaxmi Bank, Devyani International, MOIL, Piramal Pharma, Prestige Estates, Redington, Star Health Insurance, Syngene, Teamlease, Triveni Engineering, Zensar Tech are among the other earnings from the broader markets. L&T, Netweb Tech, among others will also be reacting to their results. Watch this space for all the LIVE Q1 results updates. — [Source](https://www.cnbctv18.com/market/q1-results-live-updates-asian-paints-adani-ports-ent-hul-eicher-bajaj-hsg-dabur-mtar-kpit-tech-cartrade-colgate-share-price-liveblog-19956225.htm)
- 2026-07-28 — The Hindu: **City Union Bank Q1 net rises 25% to ₹383 crore** — City Union Bank (CUB) reported a 25% year on year (YoY) increase in net profit to ₹383 crore for the first quarter. During the same period last year, the bank’s net profit was ₹306 crore. — [Source](https://www.thehindu.com/business/city-union-bank-cub-results-copy/article71278313.ece)
- 2026-07-28 — CNBC-TV18: **City Union Bank Q1 Results: Core income grows 31%, asset quality strong; Stock up 8%** — City Union Bank's Net Interest Income, or core income for the quarter stood at ₹820 crore, a growth of 31% from last year's figure of ₹625 crore. — [Source](https://www.cnbctv18.com/market/city-union-bank-q1-results-strong-nii-growth-profit-asset-quality-provisins-share-price-surge-19955744.htm)
- 2026-07-28 — CNBC-TV18: **Q1 Results LIVE Updates: Ambuja Cements reports earnings; Radico Khaitan net profit rises 76%** — Q1 Results LIVE Updates: Two Nifty 50 leaders, Larsen & Toubro and Hindustan Unilever (HUL) will be reporting results today along with broader market names like Ambuja Cements, Suzlon Energy, Varun Beverages, Cholamandalam, Radico Khaitan and many others. BEL, Coal India, Home First Finance, Indus Towers, Coforge and others will be reacting to their results today. Watch this space for all the LIVE earnings updates. — [Source](https://www.cnbctv18.com/market/q1-results-live-updates-hul-larsen-suzlon-varun-bev-bel-coal-india-netweb-ambuja-birlasoft-supreme-indus-tata-power-chemicals-share-price-liveblog-19955220.htm)

## Business profile

**Strategic vision:** Indian private sector bank offering diverse financial services.

### Business segments
- **Treasury:** Operations related to the bank's treasury functions.
- **Corporate & Wholesale Banking:** Provides customized banking services and support for corporate clients and MSMEs, including working capital solutions.
- **Retail Banking:** Offers personal banking services such as accounts, deposits, and various loan products, with digital support for retail customers.
- **Other Banking Operations:** Includes specialized lending for agriculture and rural needs, services for NRIs, and online services for academic institutions.

### Competitive strengths
- Focus on specialized lending for agriculture and rural banking.
- Tailored services for Non-Resident Indians (NRIs).
- Online service suite for academic institutions.

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## Freshness and sources

- Data as of: 2026-11-06
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/cub
Markdown representation: https://faxioms.com/stocks/cub?render=md