City Union Bank Ltd
CUBCity Union Bank Ltd's three tracks disagree. Price, valuation and the earnings engine each tell a different story — the next quarter or two settles it.
The sharpest disagreement: the price moved +48.3% in a year while annual EPS moved +17.8% — the difference is re-rating, and re-rating has to be repaid with earnings.
The price is in a confirmed uptrend (70 weeks in) while the P/BV sits at the 57th percentile of its own 11-year range. Underneath, the last four quarters read improving — profit +25.2% year on year, and gross NPA has eased to 1.73%. What settles it: whether earnings grow into a price that has already moved.
Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.
City Union Bank Ltd trades at ₹227, in a confirmed uptrend and 70 weeks into that stage. That is +12.5% against its own 200-day average. It sits at 70% of a 52-week range of ₹167 to ₹253. On relative strength it has been ahead of the NIFTY 500 on a trailing-13-week view for 4 straight weeks.
Today the stock is in a confirmed uptrend — week 70 of stage 2, confirmed. At ₹227 it trades +12.5% versus its 200-day average and sits at 70% of its 52-week range (₹167–₹253).
Against the market, two honest reads. Cumulative: over the last 10.5 years the stock moved +342% while the NIFTY 500 moved +273% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock has been ahead for 4 straight weeks — the ribbon below is that same metric, week by week.
What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.
Story check
City Union Bank Ltd's story is not scored yet against the markers our research file set on 22 August 2026. Where it sits in its own cycle: MID_EXPANSION. Still open: See the risks below Our fortnightly research layers last read it on 22 August 2026.
Our read, 22 August 2026. City Union Bank is carrying a clean-credit recovery into a mid-expansion phase, while revised margin and return guidance under the new chief executive limits the case for an unchecked valuation re-rating.
From the numbers. The lender is in a mid-expansion operating phase: earnings and asset quality are improving, while the P/BV multiple is around its historical median rather than at a distressed level.
From the price. Price stage 2, week 70 — above its 200-day line, relative strength falling.
From the research. City Union Bank is carrying a clean-credit recovery into a mid-expansion phase, while revised margin and return guidance under the new chief executive limits the case for an unchecked valuation re-rating.
🚨 Where they disagree. The lender is in a mid-expansion operating phase: earnings and asset quality are improving, while the P/BV multiple is around its historical median rather than at a distressed level.
What is proven. City Union Bank is carrying a clean-credit recovery into a mid-expansion phase, while revised margin and return guidance under the new chief executive limits the case for an unchecked valuation re-rating.
What is not proven yet. See the risks below
Layer 1 read, 22 August 2026 — KEEP. Twelve straight quarters of falling bad loans — but the price is back to normal and management just cut its target. Bad loans have dropped every quarter for three years, from 4.66% of the book to 1.73%, with the un-provided part down to 0.61%, and quarterly profit is up a quarter on last year at 383 crore rupees. The problem is what is left to pay for: the shares now cost 2.03 times book value, exactly their ten-year average, and in the July call management LOWERED the return it expects for this year and narrowed the interest-margin band it is aiming at. Cleaning up the loan book was the easy leg and it is nearly done — net bad loans of 0.61% leave little more to release.
What would change Layer 1’s mind. A THIRD downward revision at the October call — the FY27 return-on-assets band cut again below 1.55%, or reported net interest margin printing under 3.65% [milestones M3/M4] — because the entire remaining case now rests on delivering a framework management has already lowered twice without a bridge. Sharpened from the timeline's condition (gross NPAs reversing with recoveries below slippages), which is the slower of the two failure paths; the guidance path is already moving.
Layer 2 read, 22 August 2026 — ADVANCE. CUB's gross and net bad loans were 1.73% and 0.61%, and recoveries of Rs 206 crore exceeded Rs 195 crore of new bad loans. The external sector record shows four quarters of margin recovery, but CUB's 2.03 times price-to-book is near its own median and its return guidance was cut. The expected-loss rule is a future sector cost, not a current CUB failure.
What would change Layer 2’s mind. Move to BENCH if the next quarter shows gross bad loans rising from 1.73% while recoveries fall below new bad loans.
Layer 3 read, 22 August 2026 — BENCH. The loan book is cleaner, but management lowered the returns needed to justify today’s price. Recoveries still exceed new bad loans, so Streams 1-3 mitigate Timeline R4 rather than reveal a credit break. But Timeline R2 is confirmed: management lowered its FY27 return range, while the minor RBI penalty adds a small control warning.
What would change Layer 3’s mind. A next results call that keeps the FY27 return range unchanged and gives a quantified bridge to its exit target would flip BENCH to DEPLOY.
The test written in advance. A next results call that keeps the FY27 return range unchanged and gives a quantified bridge to its exit target would flip BENCH to DEPLOY. — the thesis as written as stated by the next result — from our Layer 3 read of 22 Aug 2026.
What the company does. Reported profit and interest income continued to rise in the latest quarter while gross and net NPAs declined. The operating read is constructive because recoveries exceeded slippages and the bank retained secured-lending discipline. The valuation read is fair rather than discounted, so delivery against revised return and margin guidance matters more than multiple expansion.
🚨 What the surface reading misses. The surface reading is: Lower NPA ratios indicate a cleaner book. The research reads it further: The mechanism is credible because recoveries exceeded slippages in the latest concall, rather than the ratio declining without evidence on the stress pipeline.
🚨 What the surface reading misses. The surface reading is: A P/BV near the historical median can appear fair. The research reads it further: For a lender, the appropriate comparison is P/BV against sustainable ROE and credit quality, not PE against an industrial-company margin cycle.
Sources: our stock research file (22 August 2026) · quarterly results through Jun 26 · the company’s own earnings calls. The story check is re-scored every results season; the record below never changes.
Revenue For a bank, revenue is everything the franchise earns — interest on the loan book plus fee and other income.
City Union Bank Ltd reported ₹1,985 Cr of income in the Jun 26 quarter, +23.7% year on year. That is the 12th straight quarter of year-on-year growth. Over 10 years it has compounded at 8.8% a year. The last full year, FY26, came in at ₹6,870 Cr. The last four reported quarters add to ₹7,250 Cr.
Why this happened. Management retained an above-industry credit-growth objective and described secured retail as an incremental portfolio engine. MSME utilisation remains a near-term swing factor because repayments create a replacement burden before net growth appears.
FY26 revenue came in at ₹6,870 Cr (+17.8% on the year), capping 10 years at 8.8% compound. The latest quarter (Jun 26) printed ₹1,985 Cr, +23.7% year on year — the 12th consecutive quarter of year-over-year growth.
Pace check: the last four quarters averaged +19.7% growth against the decade's 8.8% — the current year is running faster than its own long-run rate.
Acceleration check: trailing-twelve-month revenue grew +19.8% over the last 4 quarters against +15.9%/yr over the last 8 — accelerating; TTM profit +20.5% vs +15.5%/yr — accelerating.
FY26-Q4. The pre-transition quarter combined higher reported profit with lower NPAs.
FY27-Q1. Latest quarter extended the income, profit and NPA improvement sequence.
Why-sources: our stock research file (22 August 2026) and the company’s own results for those quarters.
Net margin Net margin — what the bank keeps of every ₹100 of revenue after every cost, provision and tax. It is the cleanest single margin we can read for a lender.
City Union Bank Ltd's net margin is 19.3% in the Jun 26 quarter, +0.2 percentage points against the same quarter a year ago. Across 13 fiscal years the net margin has ranged 11.4% to 19.9%. The current quarter sits inside that band.
Why this happened. Gross and net NPAs have declined across the supplied quarterly series, while the latest concall reported recoveries above slippages. For a lender, this is the key operating mechanism behind a sustained return improvement.
The latest quarter's net margin is 19.3%, +0.2 pp against the same quarter a year ago. Across 13 fiscal years the net margin has ranged 11.4%–19.9%.
Why: the numbers show the net margin move clearly, but the cost lines behind it sit below what we hold — so we state the move without inventing its driver.
FY26-Q4. The pre-transition quarter combined higher reported profit with lower NPAs.
FY27-Q1. Latest quarter extended the income, profit and NPA improvement sequence.
Why-sources: our stock research file (22 August 2026) and the company’s own results for those quarters.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
City Union Bank Ltd earned ₹383 Cr of net profit in the Jun 26 quarter, +25.2% year on year. It is the 12th consecutive quarter of growth. Full-year FY26 profit was ₹1,326 Cr. The 10-year compound rate is 11.5%. That is 19.3% of the quarter's revenue. The same quarter a year earlier earned ₹306 Cr.
Jun 26 profit was ₹383 Cr, +25.2% year on year — the 12th consecutive quarter of growth. On the full year, FY26 printed ₹1,326 Cr (+18.0%), and the 10-year compound rate is 11.5%.
Why profit moved: revenue contributed +23.7% and the margin +0.2 pp — the quarter was revenue-led, with the margin roughly flat.
Pace comparison, last four quarters: profit +20.4% vs revenue +19.7%. Profit and revenue are moving roughly in step.
FY26-Q4. The pre-transition quarter combined higher reported profit with lower NPAs.
FY27-Q1. Latest quarter extended the income, profit and NPA improvement sequence.
Why-sources: our stock research file (22 August 2026) and the company’s own results for those quarters.
Asset quality — the ladder Gross NPA is the slice of the loan book where repayments have stopped. Net NPA is what remains after the money already set aside against those loans. Falling is healing; rising is damage arriving.
City Union Bank Ltd's gross NPA is 1.73% of the loan book in Jun 26, down from 2.99% a year ago. Net of provisions already set aside, 0.61% remains. That is the 11th straight quarter of improvement. Across the 12 quarters held here the book has ranged 1.73% to 4.66%.
Jun 26: gross NPA at 1.73% and net NPA at 0.61%, against 2.99% / 1.20% a year ago. Over the 12 quarters we hold, the book's worst reading was 4.66% and its best is 1.73% — which is the current print. The ladder has now improved for 11 consecutive quarters.
The synthesis: profit growth at a bank is only as good as the book behind it, and this book is healing on a multi-quarter streak. A note on depth: quarterly provisioning detail is not in our numbers yet, so this ladder reads levels and trend, not the cost of the cleanup.
Why the ladder moved: recoveries, write-offs and slippages each play a part, and that split sits below what we hold — the numbers show the healing; the driver mix does not travel with them.
The loan book We read the loan book through revenue — when the book grows, revenue grows with it. It is a rough proxy, and we say so: rate moves and fee swings can shift it a few points in any one year.
City Union Bank Ltd's revenue grew +17.8% in FY26 to ₹6,870 Cr, so the book is growing. The latest quarter ran +23.7% year on year. The net margin on that income is 19.3%, +0.2 percentage points against a year ago. Interest income is a proxy for the book; rate moves can shift it a few points in any one year.
FY26 revenue was ₹6,870 Cr, +17.8% on the year, and the latest quarter ran +23.7% year on year. The net margin on that revenue is 19.3% this quarter (+0.2 pp YoY) — growth with a widening margin on it.
The synthesis: a lender compounds when the book grows while the margin holds and the loan book stays clean — gross NPA is the loan-quality read we carry here.
Returns on equity and assets Two numbers rate a bank: ROE — what it earns on shareholder money — and ROA — what it earns on everything it deploys. ROE above ~13–15% earns its keep; below that, growth builds book slowly.
City Union Bank Ltd earns a return on equity of 13% in FY26. Its trough over the ladder below was 9% in FY20. For a lender the balance sheet is the operating asset, so equity return and asset return have to be read together.
FY26 ROE came in at 13%, recovered from a FY20 trough of 9%. Return on assets is withheld on this page — its two source series disagree for this quarter. That clears the bar a bank must beat for its book value to compound.
Why ROE moved: profit compounded 11.5% a year over 10 years while the equity base grew more slowly — earnings recovering faster than book value builds is what lifts ROE off a trough.
Debt
For a bank, borrowings are raw material, not a warning sign — solvency is read through the returns and the loan book. A manufacturer’s debt is a claim against its profits, so the debt-to-equity lens that works everywhere else misleads on a lender and is not applied here.
A manufacturer’s debt is a claim against its profits; a bank’s borrowings are its inventory — money taken in to be lent out. The debt lens that works everywhere else misleads here, so this page does not apply it. The solvency questions for a bank — is the loan book sound, is the equity earning — are read through the loan-book and returns sections above.
Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.
Domestic institutions added 12.3 points of City Union Bank Ltd over 8 quarters, the biggest move on the register. That takes domestic institutions to 44.8% of the company. Foreign institutions moved −7.8 points over the same window, to 18.6%. The register is read on the four disclosed classes only; nothing is inferred between filings.
The register over the last two years — Domestic institutions: +12.3 points over 8 quarters to 44.8%; Foreign institutions: −7.8 points over 8 quarters to 18.6%.
Why the register moved: rotation — foreign institutions −7.8 points against domestic institutions +12.3 points over 8 quarters — one class of institutions handing the register to the other, not a verdict change by the people closest to the numbers.
Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.
City Union Bank Ltd: the Z-score is omitted — it was built for manufacturers, not banks, and applying it here would be theatre. The Z-score was built for manufacturers and is not applied to banks and lenders, so solvency here is read from the capital and asset-quality lines instead.
The safety line in one sentence: the Z-score is omitted — it was built for manufacturers, not banks, and applying it here would be theatre.
Valuation For a bank we price the book, not the earnings: P/BV is what the market pays for each ₹1 of the bank's net worth. A bank below 1× book is priced below the value of what it owns, net of what it owes.
City Union Bank Ltd trades at 2.1× P/BV, mid-range by its own standards (57th percentile). Its long-run median P/BV is 2.0×, measured across 10.6 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.
Today's P/BV of 2.1× is mid-range by its own standards (57th percentile), against a long-run median of 2.0× measured over 10.6 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
🚨 Why the multiple sits where it does: over the past year book value grew while the price moved +48.3% — price and book moved together, holding the multiple in its range.
The price move, decomposed: over 5y, of the +14.3%/yr price move, ~+13.2%/yr came from book-value growth and ~+1.1 pp from the multiple (expanding); over 10y, of the +10.2%/yr price move, ~+13.0%/yr came from book-value growth and ~−2.8 pp from the multiple (compressing). The split is the honest approximate (price return minus book-value growth); it makes the rally itself visible instead of hiding it behind the percentile.
Put together: the multiple is unremarkable against its own past, so the story rests on the book-value line underneath it, not the multiple.
What the price assumes This reading works the multiple backwards. It asks one question: what yearly rate of profit growth is a buyer at the market price already paying for? The number is the growth rate that makes eleven years of profit — six years growing, then five fading — add up to that day's market price, once each year is discounted at 11% a year.
Solved at its 25 August 2026 price, City Union Bank Ltd was paying for profit growth of about 9.6% a year. Profit itself has compounded 11.5% a year over the past 10 years. Today the market pays 2.1× P/BV, the 57th percentile of its own 11-year range.
What the two numbers say together. The multiple is unremarkable against its own past, and the growth the price is paying for is close to what this company has actually delivered.
How to hold this number: it is a reading of one day's price, taken on 25 August 2026, not a running figure — every other number on this page, the multiple included, is read off the live quote as of 11 September 2026. A higher price is paying for more growth and a lower price for less, so it moves whenever the price does, and this page does not restate it between measurements.
Stage: Consistent Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).
City Union Bank Ltd reads as consistent on its fundamental arc. Consistent — revenue, profit and EPS growth have stayed positive through the window, with ROE at 12.6% and holding. The read is built from 12 quarters across 4 curves, on full evidence.
Why it matters: steady curves with healthy returns are the compounding setup — the risk is the price, not the business.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | +17.8% | +13.4% | +10.7% | +8.8% |
| Profit | +18.0% | +12.3% | +17.5% | +11.5% |
| EPS | +17.8% | +12.1% | +17.3% | +11.3% |
| Share price | +48.3% | +31.7% | +14.3% | +10.2% |
4-Factor Sector Score
64.7/100 — rank 4 of 18 in Banks - Private · 100% evidence confidence
City Union Bank Ltd scores 64.7 out of 100 against the 18 companies it is compared with in Banks - Private, ranking 4. Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence.
The four contributions add to the total exactly: 24.7 + 16.6 + 10.3 + 13.1 = 64.7. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.
What would change it: The read weakens if ROA rolls over or gross NPA rises while sector-relative strength deteriorates.
Said versus delivered
What City Union Bank Ltd's management promised, set against what actually arrived — 4 tracked promises on the record. Read straight from the company’s own earnings calls. A promise that slipped stays on this page after it is met.
ROA Outlook Reduced · 28 July 2026. In Apr 2026, management expected FY27 exit ROA of 1.65%-1.67%. In Jul 2026, management lowered the full-year range to 1.55%-1.65% and the exit range to 1.6%-1.65%, with no quantified explanation for why the prior exit target was no longer expected.
Yield on Advances Guidance vs Actual Outcome · 27 April 2026. In the Feb 2026 call, when specifically asked whether yield on advances would increase further from Q3 FY26's 9.73%, Executive Director Vijay Anandh explicitly said it would not, calling it 'quite difficult.' In the Apr 2026 call, however, Q4 FY26 yield on advances rose to 9.88%, a 15 basis point quarter-on-quarter increase, which management describes only as a 'marginal improvement' without acknowledging the prior guidance or explaining what drove the change. Earlier call (Feb 2026): “Anand Dama: So do you expect the interest on loans to go up further? R. Vijay Anandh: I don”. Later call (Apr 2026): “On the yield front, our yield on advances stood at 9.88% in Q4 FY26 compared to 9.73% in Q3 FY26, a marginal improvement of 15 basis points.”
Conflicting FY27 Gold Loan Concentration Limits · 27 April 2026. Prior calls (Feb 2026) consistently confirmed gold loans at 30% of book with no explicit ceiling discussed, but the Apr 2026 call introduces two contradictory positions from management on the portfolio cap. Incoming CEO Vijayanand's FY27 strategic vision targets gold loans at 30-35%, while outgoing CEO Kamakodi in the same call's Q&A explicitly caps the range at 30-32% and cautions against anything beyond 30%. The 3-percentage-point discrepancy between these two executives' stated limits on a ~₹20,000 crore portfolio at the point of leadership handover creates material strategic ambiguity for investors. Earlier call (Feb 2026): “You mentioned 30% of your total book is gold, right? R. Vijay Anandh: Yes.” Later call (Apr 2026): “The MSME proportion will continue to dominate at 55-60%, followed by gold loans at 30-35%.”
Renewable Energy Timeline Acceleration · 2 February 2026. Management significantly accelerated the timeline for building their INR 2,500 crore renewable energy portfolio without explaining the sudden shift in execution speed. In the previous quarter, they guided for a 24-30 month timeframe (implying completion around late 2027), but the latest guidance pulls this deadline forward by over a year to the end of Calendar Year 2026. Earlier call (Nov 2025): “Expect to build a book of renewable energy by INR 2,500 crores in the next 24 to 30 months.” Later call (Feb 2026): “Our expectation is that we should be able to complete that before the completion of the calendar year 2026.”
Every quote above is taken word for word from the company’s own earnings calls.
| Company | Score | Price stage | Growth & earnings/35 | Capital efficiency/25 | Valuation/20 | Relative strength/20 |
|---|---|---|---|---|---|---|
| 1Tamilnad Mercantile Bank LtdTMB | 75.3/100Favorable setup100% evidence | LEADER | 23.3/35 Income 12.9% · PAT 20.5% 100% evidence | 22.6/25 ROA 2% · ROE 14% · GNPA 0.7% 100% evidence | 11.5/20 P/BV 1.37× · P/BV÷ROE 0.1 100% evidence | 17.9/20 RS sector 24.1% · RS bench 42.6% · 1Y 114.9%12 of 12 weeks ahead 100% evidence |
| Exact sum: 23.3 + 22.6 + 11.5 + 17.9 = 75.3 · Decision use: Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence. | ||||||
| 2Karur Vysya Bank LtdKARURVYSYA | 74.0/100Favorable setup100% evidence | BREAKING OUT | 27.2/35 Income 16% · PAT 37% 100% evidence | 22.9/25 ROA 1.8% · ROE 19.1% · GNPA 0.7% 100% evidence | 7.8/20 P/BV 2.29× · P/BV÷ROE 0.12 100% evidence | 16.1/20 RS sector 2.6% · RS bench 19% · 1Y 62%10 of 12 weeks ahead 100% evidence |
| Exact sum: 27.2 + 22.9 + 7.8 + 16.1 = 74 · Decision use: Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence. | ||||||
| 3DCB Bank LtdDCBBANK | 69.3/100Favorable setup100% evidence | TURNING | 22.8/35 Income 11.5% · PAT 23.1% 100% evidence | 11.4/25 ROA 0.8% · ROE 12% · GNPA 2.4% 100% evidence | 16.2/20 P/BV 1.11× · P/BV÷ROE 0.09 100% evidence | 18.9/20 RS sector 10.7% · RS bench 28.6% · 1Y 81.4%5 of 12 weeks ahead 100% evidence |
| Exact sum: 22.8 + 11.4 + 16.2 + 18.9 = 69.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 4City Union Bank Ltdthis pageCUB | 64.7/100Mixed-positive evidence100% evidence | BREAKING OUT | 24.7/35 Income 19.8% · PAT 20.5% 100% evidence | 16.6/25 ROA 1.4% · ROE 13.2% · GNPA 1.7% 100% evidence | 10.3/20 P/BV 2.12× · P/BV÷ROE 0.16 100% evidence | 13.1/20 RS sector -0.8% · RS bench 15.6% · 1Y 51.5%9 of 12 weeks ahead 100% evidence |
| Exact sum: 24.7 + 16.6 + 10.3 + 13.1 = 64.7 · Decision use: Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence. | ||||||
| 5Karnataka Bank LtdKTKBANK | 60.3/100Mixed-positive evidence100% evidence | LEADER | 16.5/35 Income 0.5% · PAT 23.4% 100% evidence | 10.7/25 ROA 1% · ROE 10.4% · GNPA 2.6% 100% evidence | 13.9/20 P/BV 0.93× · P/BV÷ROE 0.09 100% evidence | 19.2/20 RS sector 22.5% · RS bench 41.1% · 1Y 86.8%10 of 12 weeks ahead 100% evidence |
| Exact sum: 16.5 + 10.7 + 13.9 + 19.2 = 60.3 · Decision use: Price leads the evidence: RS versus the benchmark is 41.1%, but earnings trajectory is weak. Wait for revenue and profit confirmation. | ||||||
| 6South Indian Bank LtdSOUTHBANK | 59.0/100Mixed-positive evidence93% evidence | FADING | 21.9/35 Income 6.9% · PAT 13.5% 100% evidence | 13.4/25 ROA 1.2% · ROE 13.5% · GNPA — 72% evidence | 15.0/20 P/BV 1.02× · P/BV÷ROE 0.08 100% evidence | 8.7/20 RS sector -0.7% · RS bench 15.3% · 1Y 61.5%11 of 12 weeks ahead 100% evidence |
| Exact sum: 21.9 + 13.4 + 15 + 8.7 = 59 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 7Jammu and Kashmir Bank LtdJ&KBANK | 53.4/100Mixed-positive evidence88% evidence | FADING | 12.8/35 Income 4.8% · PAT 7.2% 86% evidence | 16.2/25 ROA 1.3% · ROE 15.4% · GNPA — 72% evidence | 14.9/20 P/BV 0.94× · P/BV÷ROE 0.06 100% evidence | 9.5/20 RS sector 0.9% · RS bench 16.4% · 1Y 43.8%8 of 12 weeks ahead 100% evidence |
| Exact sum: 12.8 + 16.2 + 14.9 + 9.5 = 53.4 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity. | ||||||
| 8RBL Bank LtdRBLBANK | 51.0/100Mixed-positive evidence88% evidence | LEADER | 23.3/35 Income 5.4% · PAT 54.8% 86% evidence | 6.6/25 ROA 0.5% · ROE 5.4% · GNPA — 72% evidence | 4.4/20 P/BV 1.52× · P/BV÷ROE 0.28 100% evidence | 16.7/20 RS sector 8.8% · RS bench 26.4% · 1Y 49.5%12 of 12 weeks ahead 100% evidence |
| Exact sum: 23.3 + 6.6 + 4.4 + 16.7 = 51 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 9Yes Bank LtdYESBANK | 49.5/100Mixed-negative evidence100% evidence | TURNING | 22.6/35 Income -0.5% · PAT 37.8% 100% evidence | 12.2/25 ROA 1% · ROE 7.1% · GNPA 1.3% 100% evidence | 7.6/20 P/BV 1.41× · P/BV÷ROE 0.2 100% evidence | 7.1/20 RS sector -7.5% · RS bench 8.3% · 1Y 14.9%6 of 12 weeks ahead 100% evidence |
| Exact sum: 22.6 + 12.2 + 7.6 + 7.1 = 49.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 10Dhanlaxmi Bank LtdDHANBANK | 49.2/100Mixed-negative evidence97% evidence | ASLEEP | 25.8/35 Income 21.7% · PAT 32.2% 95% evidence | 8.0/25 ROA 0.5% · ROE 7.2% · GNPA 1.8% 95% evidence | 7.9/20 P/BV 0.81× · P/BV÷ROE 0.11 100% evidence | 7.5/20 RS sector -2.9% · RS bench 12.7% · 1Y 24.9%5 of 12 weeks ahead 100% evidence |
| Exact sum: 25.8 + 8 + 7.9 + 7.5 = 49.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 11Federal Bank LtdFEDERALBNK | 48.7/100Mixed-negative evidence75% evidence | LEADER | 16.1/35 Income 6.5% · PAT 17% 76% evidence | 12.8/25 ROA — · ROE 11.6% · GNPA — 34% evidence | 6.3/20 P/BV 2.12× · P/BV÷ROE 0.18 100% evidence | 13.5/20 RS sector 6% · RS bench 22.6% · 1Y 80.8%12 of 12 weeks ahead 100% evidence |
| Exact sum: 16.1 + 12.8 + 6.3 + 13.5 = 48.7 · Decision use: Price leads the evidence: RS versus the benchmark is 22.6%, but earnings trajectory is weak. Wait for revenue and profit confirmation. | ||||||
| 12ICICI Bank LtdICICIBANK | 47.8/100Mixed-negative evidence79% evidence | FADING | 10.6/35 Income 4% · PAT 5.7% 62% evidence | 19.9/25 ROA 2.1% · ROE 15.9% · GNPA — 68% evidence | 9.9/20 P/BV 2.62× · P/BV÷ROE 0.17 100% evidence | 7.4/20 RS sector -12.2% · RS bench 2.9% · 1Y -1.7%8 of 12 weeks ahead 100% evidence |
| Exact sum: 10.6 + 19.9 + 9.9 + 7.4 = 47.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 13HDFC Bank LtdHDFCBANK | 47.3/100Mixed-negative evidence84% evidence | BASING | 13.1/35 Income 2.8% · PAT 12.5% 76% evidence | 17.2/25 ROA 1.8% · ROE 13.6% · GNPA — 68% evidence | 14.4/20 P/BV 1.82× · P/BV÷ROE 0.13 100% evidence | 2.6/20 RS sector -29.5% · RS bench -16.5% · 1Y -26.5%0 of 12 weeks ahead 100% evidence |
| Exact sum: 13.1 + 17.2 + 14.4 + 2.6 = 47.3 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity. | ||||||
| 14IDFC First Bank LtdIDFCFIRSTB | 42.5/100Mixed-negative evidence82% evidence | BREAKING OUT | 26.4/35 Income 12.3% · PAT 77.3% 86% evidence | 6.0/25 ROA 0.5% · ROE 3.8% · GNPA — 72% evidence | 3.5/20 P/BV 1.53× · P/BV÷ROE 0.41 100% evidence | 6.6/20 RS sector -17.6% · RS bench 13.3% · 1Y 18.7%10 of 10 weeks ahead 70% evidence |
| Exact sum: 26.4 + 6 + 3.5 + 6.6 = 42.5 · Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -17.6% and the one-year return is 18.7%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth. | ||||||
| 15Kotak Mahindra Bank LtdKOTAKBANK | 41.9/100Mixed-negative evidence93% evidence | TURNING | 8.7/35 Income 5.7% · PAT 6% 100% evidence | 16.3/25 ROA 1.9% · ROE 11.4% · GNPA — 72% evidence | 7.8/20 P/BV 2.3× · P/BV÷ROE 0.2 100% evidence | 9.1/20 RS sector -10.8% · RS bench 4.8% · 1Y 7.7%4 of 12 weeks ahead 100% evidence |
| Exact sum: 8.7 + 16.3 + 7.8 + 9.1 = 41.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 16Axis Bank LtdAXISBANK | 37.8/100Mixed-negative evidence93% evidence | ASLEEP | 6.2/35 Income 5.6% · PAT -0.2% 100% evidence | 15.2/25 ROA 1.6% · ROE 13.1% · GNPA — 72% evidence | 14.1/20 P/BV 1.75× · P/BV÷ROE 0.13 100% evidence | 2.3/20 RS sector -15.2% · RS bench -0.8% · 1Y 18%1 of 12 weeks ahead 100% evidence |
| Exact sum: 6.2 + 15.2 + 14.1 + 2.3 = 37.8 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity. | ||||||
| 17IndusInd Bank LtdINDUSINDBK | 27.1/100Adverse evidence100% evidence | LEADER | 12.5/35 Income -6.4% · PAT 31.1% 100% evidence | 2.3/25 ROA 0.2% · ROE 1.4% · GNPA 3.3% 100% evidence | 3.2/20 P/BV 1.16× · P/BV÷ROE 0.85 100% evidence | 9.1/20 RS sector -4.3% · RS bench 11.3% · 1Y 29.2%10 of 12 weeks ahead 100% evidence |
| Exact sum: 12.5 + 2.3 + 3.2 + 9.1 = 27.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 18Bandhan Bank LtdBANDHANBNK | 24.6/100Adverse evidence100% evidence | ASLEEP | 8.7/35 Income -0.2% · PAT -34% 100% evidence | 5.5/25 ROA 0.6% · ROE 4.9% · GNPA 3.1% 100% evidence | 6.2/20 P/BV 1.11× · P/BV÷ROE 0.23 100% evidence | 4.2/20 RS sector -10.4% · RS bench 4.2% · 1Y 8.1%4 of 12 weeks ahead 100% evidence |
| Exact sum: 8.7 + 5.5 + 6.2 + 4.2 = 24.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. Financial companies use P/BV÷ROE and asset quality; PEG, industrial OPM and ROCE are excluded. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.
Frequently asked questions
What is City Union Bank Ltd's share price today?
City Union Bank Ltd trades at ₹227, +48.3% over the past year. The company is valued at ₹22,523 Cr. The stock sits at 70% of its 52-week range of ₹167–₹253, +12.5% versus its 200-day average. On the tape, the price is in a confirmed uptrend, 70 weeks in. — as of 11 September 2026.
What were City Union Bank Ltd's latest quarterly results?
City Union Bank Ltd reported total income of ₹1,985 Cr and net profit of ₹383 Cr for the Jun 26 quarter. Income rose 23.7% and profit rose 25.2% year on year. Earnings per share were ₹3.86. The net margin was 19.3%, 0.2 pp higher than a year earlier. — as of 11 September 2026.
What is City Union Bank Ltd's revenue?
City Union Bank Ltd reported revenue of ₹1,985 Cr in the Jun 26 quarter, +23.7% year on year. For the full FY26 fiscal year, revenue was ₹6,870 Cr (+17.8%). Over the last 10 years revenue compounded at 8.8% a year. — as of 11 September 2026.
What is City Union Bank Ltd's profit?
City Union Bank Ltd earned ₹383 Cr of net profit in the Jun 26 quarter, +25.2% year on year — the 12th straight quarter of growth. Full-year FY26 profit was ₹1,326 Cr. The net margin ran 19.3% in the latest quarter. — as of 11 September 2026.
What is City Union Bank Ltd's market cap?
City Union Bank Ltd's market capitalisation is ₹22,523 Cr at a share price of ₹227. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 11 September 2026.
What is City Union Bank Ltd's P/BV ratio?
City Union Bank Ltd trades at a P/BV of 2.1×, at the 57th percentile of its own 11-year range, against a long-run median of 2.0×. This is a comparison with the stock's own history, not a value call — as of 11 September 2026.
Does City Union Bank Ltd pay a dividend?
Yes — City Union Bank Ltd's dividend payout was 11% of profit in FY26, and it recorded a payout in each of its last 13 reported fiscal years. This page holds the payout ratio, not a per-share amount. — as of 11 September 2026.
Is City Union Bank Ltd overvalued?
On its own history, City Union Bank Ltd looks mid-range: its P/BV of 2.1× sits at the 57th percentile of its 11-year range (long-run median 2.0×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 11 September 2026.
Is City Union Bank Ltd growing?
Yes — City Union Bank Ltd is growing: latest-quarter revenue +23.7% year on year, profit +25.2%, and the net margin +0.2 pp at 19.3%. The 10-year compound rates are 8.8% (revenue) and 11.5% (profit). The earnings engine currently reads: improving — as of 11 September 2026.
How is City Union Bank Ltd performing?
City Union Bank Ltd is in a confirmed uptrend, 70 weeks in. Its latest quarter's income rose 23.7% and profit rose 25.2% year on year. Against the NIFTY 500 it has been ahead on a trailing-13-week view for 4 weeks. This describes what the data did, not a rating. — as of 11 September 2026.
What stage is City Union Bank Ltd in?
Consistent — revenue, profit and EPS growth have stayed positive through the window, with ROE at 12.6% and holding. The read comes from the last 12 quarters of growth (revenue growth +19.8% latest, profit growth +20.5% latest, eps growth +20.3% latest) plus the ROE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 11 September 2026.
Is City Union Bank Ltd in an uptrend?
Yes — the price is in a confirmed uptrend (week 70 of stage 2), trading +12.5% versus its 200-day average and at 70% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 11 September 2026.
Is City Union Bank Ltd beating the market?
On recent form, yes — City Union Bank Ltd has been ahead of the NIFTY 500 on a trailing-13-week view for 4 straight weeks, the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 10.5 years the stock moved +342% against the NIFTY 500's +273% — ahead of the index over the full window. — as of 11 September 2026.
Will City Union Bank Ltd's share price go up?
This page publishes no price forecast for City Union Bank Ltd. What it measures instead: the share price is ₹227, the price is in a confirmed uptrend 70 weeks in. Its P/BV of 2.1× sits at the 57th percentile of its own 11-year range. — as of 11 September 2026.
Is City Union Bank Ltd's loan book healthy?
Gross NPA is 1.73% of City Union Bank Ltd's loan book, down from 2.99% a year ago — the 11th straight quarter of improvement, and net NPA stands at 0.61%. Falling NPAs are a loan book healing; rising NPAs are damage arriving — as of 11 September 2026.
Where is City Union Bank Ltd in its business cycle?
City Union Bank Ltd's FY26 net margin was 19.3%, against a 13-year band of 11.4%–19.9%: mid-band by its own history — neither the peak that precedes mean-reversion nor the trough that precedes recovery. The latest quarter ran 19.3%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 11 September 2026.
What growth does City Union Bank Ltd's price assume?
At its price on 25 August 2026, City Union Bank Ltd was priced for profit growth of about 9.6% a year. Profit itself has compounded 11.5% a year over the past 10 years. The figure reads the multiple backwards: the growth a buyer at that price was already paying for. — as of 11 September 2026.
What could break the City Union Bank Ltd story?
The sharpest disagreement: the price moved +48.3% in a year while annual EPS moved +17.8% — the difference is re-rating, and re-rating has to be repaid with earnings. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 11 September 2026.
Is City Union Bank Ltd a stock worth studying right now?
This is not investment advice. The machine read: City Union Bank Ltd's three tracks disagree. Price, valuation and the earnings engine each tell a different story — the next quarter or two settles it. The sharpest open question: whether earnings grow into a price that has already moved. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 11 September 2026.
Not SEBI Registered !! Not Investment advice !!