City Union Bank (CUB) Q3 25/26 earnings summary

Executive summary

• Net worth surpassed INR 10,000 crore, marking a significant milestone.

• Celebrated 120 years of operations, emphasizing a legacy of trust and excellence.

• Leadership transition planned as MD & CEO's tenure ends in April; board has submitted successor candidates to RBI.

• Pan-India presence with 901 branches, predominantly in Tamil Nadu.

• Recognized for digital transformation and technology adoption, winning multiple national awards.

Financial highlights

• Advances grew 21% year-over-year to INR 60,892 crore (₹608,920 Mn) in Q3 FY26, highest since FY18.

• Deposits rose 21% YoY to INR 70,516 crore (₹705,159 Mn); CASA ratio at 27%.

• Net profit for Q3 FY26 rose 16% YoY to ₹3,321 Mn; nine-month net profit up 16% to ₹9,667 Mn.

• Interest income up 19% YoY in Q3 FY26 to INR 1,756 crore (₹175,568 lakh); nine-month interest income up 17%.

• Operating profit increased 18% YoY in Q3 FY26 to INR 513 crore (₹51,316 lakh); PAT up 16% to INR 332 crore (₹33,216 lakh).

Outlook and guidance

• Expecting mid- to high-teens growth, outpacing industry by 2-3%.

• NIM expected to remain stable in Q4 within ±10 bps; ROA to stay above 1.5%.

• Cost-to-income ratio to remain in 48-50% range for FY26.

• Continued focus on MSME and retail lending with digital innovation.

• Strong capital adequacy and stable asset quality expected to support future growth.