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

Executive summary

• Achieved 21% year-over-year growth in advances and deposits for Q3 FY26, marking the highest credit growth since FY 2018.

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

• Consistent double-digit credit growth for seven consecutive quarters.

• Focused on MSME, gold loans, and secured retail segments, with a granular asset profile and pan-India presence of 901 branches, predominantly in Tamil Nadu.

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

Financial highlights

• Advances reached INR 60,892 crore (₹608,920 Mn), up from INR 50,409 crore in Q3 FY25.

• Deposits stood at INR 70,516 crore (₹705,159 Mn), up from INR 58,271 crore year-over-year.

• Interest income grew 19% year-over-year to INR 1,756 crore (₹175,568 lakh) for Q3 FY26.

• Net profit for Q3 FY26 rose 16% year-over-year to INR 332 crore (₹33,216 lakh); 9M FY26 net profit up 16% to INR 966.67 crore.

• Operating profit before provisions for Q3 FY26 was INR 513 crore (₹51,316 lakh), up from INR 436 crore in Q3 FY25.

Outlook and guidance

• Expecting mid- to high-teens growth in advances and deposits, outpacing industry.

• NIM expected to remain stable in Q4 FY26 within a ±10 bps band.

• ROA projected to stay above 1.5%; cost-to-income ratio to remain in 48%-50% range.

• Continued focus on MSME and retail lending with digital innovation and technology-led growth.

• Provision of ₹200 lakh recognized for estimated impact of new labour codes; ongoing monitoring of regulatory changes.