# City Union Bank share price today (City Union Bank Ltd, NSE: CUB)

> City Union Bank share price today: ₹213.50 at the NSE close on 4 November 2026, up 11.4% in a year. City Union Bank (NSE: CUB) is worth ₹21,173 crore, trades at a P/BV of 1.9 and has closed between ₹173.63 and ₹236.01 over the past 52 weeks. > City Union Bank Ltd's results are improving, while its P/BV is near the low end of its own history over 11 years, higher than only 35% of past readings. CUB · Banks - Private · data as of 4 November 2026. Page: https://www.sectoralpha.in/stocks/city-union-bank-ltd

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## Key numbers

- Business trend: Growing steadily, from the last 12 quarters
- Price: ₹213.50 (+11.4% in a year)
- P/BV: 1.9× (lower than 65% of the last 11 years)
- Revenue (Sep 2026): ₹2,092 Cr (+26.6% on a year ago)
- Profit (Sep 2026): ₹416 Cr (+26.4% on a year ago)
- Net margin: 19.9% (flat on a year ago)
- ROE: 13%, FY26
- Gross NPA (bad loans): 1.44% (−0.98 points on a year ago)

The main question: foreign institutions moved −8.6 percentage points over 8 quarters while the business went the other way. ## What is the City Union Bank share price today? City Union Bank Ltd's share price was ₹213.50 at the close on 4 November 2026. It has been rising for 77 weeks. That is 2.5% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹174 and ₹236, and at that close it sat 64% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 21 weeks in a row. Over the last 11 years the share price moved +278% while the NIFTY 500 moved +257%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at City Union Bank this quarter? Three changes stood out: foreign funds (FIIs) cut their stake for 6 quarters in a row, indian funds and insurers (DIIs) raised their stake for 6 quarters in a row and revenue up on a year earlier for 12 quarters in a row (every quarter we can compare). 1. Foreign funds (FIIs) cut their stake for 6 quarters in a row From 28% to 17.4% of the company by the September 2026 quarter. 2. Indian funds and insurers (DIIs) raised their stake for 6 quarters in a row From 33.1% to 48% of the company by the September 2026 quarter. 3. Revenue up on a year earlier for 12 quarters in a row (every quarter we can compare) In the September 2026 quarter revenue was ₹2,092 crore, +26.6% on a year earlier. Why: The bank earned more interest because it lent more to small businesses, retail customers and gold loan borrowers. Next results: check whether deposits keep growing fast enough to fund more lending, since management said keeping up the recent fast deposit growth for two years would be doubtful. From the earnings call on 28 Oct 2026. ## What are City Union Bank's latest quarterly results? For July to September 2026 (the quarter ended 30 September 2026), City Union Bank reported total income of ₹2,092 crore, up 26.6% from ₹1,653 crore a year earlier, and a profit of ₹416 crore, up 26.4% from ₹329 crore. ### City Union Bank results: July to September 2026 against a year earlier

| Measure | July to September 2026 | July to September 2025 | Change |
| --- | --- | --- | --- |
| Total income | ₹2,092 crore | ₹1,653 crore | +26.6% |
| Profit | ₹416 crore | ₹329 crore | +26.4% |
| Earnings per share | ₹4.20 | ₹3.33 | +26.1% |
| Net margin | 19.9% | 19.9% | 0.0 points |
| Gross bad loans (gross NPA) | 1.44% | 2.42% | −0.98 points |

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). City Union Bank's management discussed these results on a call held on 28 October 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 September 2026). Income and profit in ₹ crore.)

## What is the City Union Bank share price history? City Union Bank closed at ₹213.50 on 4 November 2026, up 11.4% from ₹191.57 a year earlier (7 November 2025) and up 63.4% over five years. Its highest weekly close since February 2016 was ₹236.01 on 4 September 2026. ### City Union Bank share price: then and now

| When | Close | Change to 4 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 30 Oct 2026 | ₹214.20 | −0.3% |
| 1 month ago · 1 Oct 2026 | ₹230.04 | −7.2% |
| 6 months ago · 8 May 2026 | ₹195.26 | +9.3% |
| 1 year ago · 7 Nov 2025 | ₹191.57 | +11.4% |
| 3 years ago · 3 Nov 2023 | ₹104.10 | +105.1% |
| 5 years ago · 4 Nov 2021 | ₹130.69 | +63.4% |
| 10 years ago · 4 Nov 2016 | ₹92.69 | +130.3% |
| Earliest and lowest weekly close in our records · 26 Feb 2016 | ₹56.55 | +277.5% |
| Highest weekly close since February 2016, also the 52-week high · 4 Sep 2026 | ₹236.01 | −9.5% |
| 52-week low (weekly close) · 13 Mar 2026 | ₹173.63 | +23.0% |

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (565 weekly closes from 26 February 2016 to 4 November 2026.)

## What is the latest news on City Union Bank? 4 Nov 2026: City Union Bank closed at ₹213.50, down 0.3% on the week and down 7.2% on the month. 28 Oct 2026: City Union Bank held its results call for July to September 2026. Management guided: NIM 3.9%-4.0% Q3-Q4 expected on EBLR repricing with steady deposit costs held. ### Earlier

- Results for July to September 2026: Total income up 26.6% and profit up 26.4% on a year earlier. - Our read, 22 Aug 2026: 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. - 31 Jul 2026: ex-date for a dividend of ₹2 a share. - 12 Jun 2026: Bonus issue: 1 new share for every 3 held (ex-date). ### Our read of the business

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. April to June 2026: Latest quarter extended the income, profit and NPA improvement sequence. (Our read after the April to June 2026 results, written 22 August 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.)

## What dividend does City Union Bank pay? City Union Bank paid ₹2 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.94% at the ₹213.50 close on 4 November 2026. The last was a dividend of ₹2 a share, ex-date 31 July 2026. ### City Union Bank dividends since 1 April 2021

| Ex-date | Dividend per share | Type | Record date |
| --- | --- | --- | --- |
| 31 Jul 2026 | ₹2 | Dividend | same day |
| 1 Aug 2025 | ₹2 | Dividend | same day |
| 9 Aug 2024 | ₹1.50 | Dividend | same day |
| 11 Aug 2023 | ₹1 | Dividend | same day |
| 10 Aug 2022 | ₹1 | Dividend | 11 Aug 2022 |
| 11 Aug 2021 | ₹0.20 | Dividend | 12 Aug 2021 |
| 4 Jun 2021 | ₹0.30 | Interim | 7 Jun 2021 |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. 5 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. City Union Bank Ltd paid out 11% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years. (From the NSE corporate-actions record, read 5 November 2026.)

## What did City Union Bank management say on the latest results call? On the call for July to September 2026, held on 28 October 2026, City Union Bank's management guided: NIM 3.9%-4.0% Q3-Q4 expected on EBLR repricing with steady deposit costs held. > “Out of 9.5 crores, once the accounts became NPAs, auctions were conducted only for 20 lakhs.”
> R. Vijay Anand, on the call for July to September 2026

### What management guided

- ROA above 1.6% with 1.6%-1.7% exit for H2 on sustained recoveries planned. - Cost-to-income 45%-47% FY27 after Q2 hike absorption with H2 cushion held planned. - Gold share capped 31%-32% versus 30% now with selective onboarding. - Net ECL about ₹270 crore after ₹30 crore made, 0.4%-0.5% via capital no P&L hit. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijoristack.ai/concall/transcript/4274-28-Oct-2026.pdf). (From the call for July to September 2026, 28 October 2026.)

## What is the future of City Union Bank? What is changing in the business? The changes showing up in City Union Bank's own numbers are fewer bad loans. It is too early to say whether they last. Fewer bad loans too early to call

Bad loans keep shrinking. Gross bad loans fell from 2.42% of loans in Sep 2025 to 2.17%, 1.91% and 1.73% in Jun 2026; net bad loans (after provisions set aside) fell from 0.90% to 0.61%. In all four quarters the bank recovered more from bad loans than new loans turned bad (recoveries ₹303, 219, 231 and 206 crore against new bad loans of ₹156, 193, 199 and 195 crore), so credit cost was close to zero or negative. Why it may last: The near-zero credit cost rests on recoveries running ahead of new bad loans, and that pool of old bad loans is running down; management itself guides credit cost back toward about 0.4% in steady state. The bank's secured lending habit helps, but the current benefit moves with the credit cycle. What could be flattering it: Bad-loan ratios falling only because the loan book grew fast (advances up 25% a year) and because old loans were written off, while fresh bad loans are not actually falling; profit flattered by recoveries on loans written off years ago. Next check: Recoveries stay above new bad loans of about ₹175-190 crore per quarter (FY27 guide ₹700-750 crore), and gross bad loans keep falling below 1.73% without a rise in written-off amounts. Quarter by quarter, 4 quarters

July to September 2025

Gross bad loans 2.42% against 3.54% a year earlier; net bad loans below 1% for the first time in 46 quarters. New bad loans ₹156 crore against recoveries ₹303 crore, of which ₹53 crore came from loans already written off. Early-warning (SMA) loans fell to 5.60%. ✓ fact

From our notes of the call for July to September 2025: Net NPA below 1% at 0.90% after 46 quarters. October to December 2025

Gross bad loans 2.17% against 3.36% a year earlier. New bad loans rose to ₹193 crore but recoveries of ₹219 crore (₹55 crore from written-off loans) still exceeded them. The bank raised standard-asset provisions from ₹7 crore to ₹22 crore. ✓ fact

From our notes of the call for October to December 2025: Slippages ₹193 crore vs Total recoveries ₹219 crore (₹164 crore live NPA, ₹55 crore technically written-off)

January to March 2026

Gross bad loans 1.91%, below 2% for the first time in 11 years; early-warning loans 2.47%. Recoveries ₹231 crore (₹78 crore from written-off loans) against new bad loans ₹199 crore. Full-year FY26 new bad loans about ₹700-750 crore against over ₹800 crore in FY25, so they fell in rupees for the year. ✓ fact

From our notes of the call for January to March 2026: Q4 recoveries ₹231 crore (₹153 crore from live NPA, ₹78 crore from technical write-offs) exceeded slippages ₹199 crore. April to June 2026

Gross bad loans 1.73%, net 0.61% (net bad loans ₹405 crore). Recoveries ₹206 crore against new bad loans ₹195 crore: still ahead, but the gap is the narrowest of the four quarters and recoveries from written-off loans dropped to ₹24 crore. Management guides steady-state credit cost around 0.4% and FY27 new bad loans of ₹700-750 crore. ✓ fact

From our notes of the call for April to June 2026: Q1 slippages were ₹195 crore versus ₹206 crore recoveries, including ₹182 crore from live NPA and ₹24 crore from technically written-off accounts. We check 16 kinds of change in every company, such as costs spread over more sales, higher-value products, new orders, new regions or falling debt, against its reported numbers and what management said on its calls. Only changes the numbers back are shown. (Checked against results and calls up to April to June 2026, 10 October 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.)

## What could change the City Union Bank story? What are the risks? The thesis breaks if gross NPAs reverse upward while recoveries no longer exceed slippages, or if the bank cuts its stated NIM and ROA framework again after the next results cycle. ### Each change stops working if

- : Slippages exceed recoveries for successive quarters or the gross NPA ratio reverses upward. - : MSME utilisation does not recover and advances growth falls below the stated above-industry objective. - : Deposit and borrowing costs rise faster than the bank can protect lending yields. - : Personnel and funding costs rise faster than income and cost-to-income does not improve after the branch rollout. ### The main risks

- : Funding-cost pressure could narrow NIM below management's revised range. ✓ fact
- : The revised FY27 ROA framework lowers the profit-return ceiling relative to the prior call. ✓ fact
- : Gold-loan concentration guidance remains ambiguous after the leadership handover. ✓ fact
- : ECLGS expansion introduces a new credit-monitoring pocket despite current low reported stress. ✓ fact

(Our read after the April to June 2026 results, written 22 August 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.)

## What to watch in City Union Bank's next results? When City Union Bank reports October to December 2026, these are the 4 checks that show whether the story is still on course. First: Recoveries stay above new bad loans of about ₹175-190 crore per quarter (FY27 guide ₹700-750 crore), and gross bad loans keep falling below 1.73% without a rise in written-off amounts. | What to check | Why |
| --- | --- |
| Recoveries stay above new bad loans of about ₹175-190 crore per quarter (FY27 guide ₹700-750 crore), and gross bad loans keep falling below 1.73% without a rise in written-off amounts. | Fewer bad loans |
| H2 NIM staying inside the flagged band as EBLR pass-through offsets any deposit-cost uptick. | From the call |
| Quarterly slippages remaining below combined live plus TWO recoveries to extend the streak. | From the call |
| Gold SMA share and auction volumes staying negligible under the new LTV and SMA-flagging regime. | From the call |

## Which stock lists is City Union Bank on? City Union Bank is on 4 of our India lists: Multibagger study list, Momentum stocks, Small & mid cap stocks and Bank stocks. - [Multibagger study list Study stage: middle](https://www.sectoralpha.in/multibagger-stocks-india)
- [Momentum stocks Market cap cr: 21153.643790849674](https://www.sectoralpha.in/momentum-stocks-india)
- [Small & mid cap stocks Size rank in India: 346](https://www.sectoralpha.in/small-cap-stocks-india)
- [Bank stocks Market value (₹ crore): 21153.643790849674](https://www.sectoralpha.in/sectors/bank-stocks-india)

## Is City Union Bank profitable? City Union Bank Ltd earned ₹416 Cr of net profit in the Sep 2026 quarter, +26.4% on the same quarter a year earlier. That is the 12th quarter in a row of profit growth. Full-year FY26 profit was ₹1,326 Cr. Over 10 years profit has grown 11.5% a year on average. That is 19.9% of the quarter's revenue. The same quarter a year earlier earned ₹329 Cr. For the full year, FY26 profit was ₹1,326 Cr (+18.0% on the year before). Why profit moved: revenue changed +26.6% on a year earlier and the margin moved +0.0 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed +23.2% and revenue +22.5%. Profit and revenue are moving at about the same pace. 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. ## How much revenue does City Union Bank make, and is it growing? City Union Bank Ltd reported ₹2,092 Cr of income in the Sep 2026 quarter, +26.6% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 10 years it has grown 8.8% a year on average. The last full year, FY26, came in at ₹6,870 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. The last four reported quarters add to ₹7,689 Cr. FY26 revenue was ₹6,870 Cr, +17.8% on the year before. Recent pace: the last four quarters grew +22.5% on average, against 8.8% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +22.6%, against +18.0% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +23.3%, against +18.8% a year (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. ## How much does City Union Bank keep from what it earns? City Union Bank Ltd's net margin was 19.9% in the Sep 2026 quarter, about the same as the same quarter a year ago. Across 13 years it has been between 11.4% and 19.9%. The latest quarter is within that range. 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. In the latest quarter it moved +0.0 percentage points on the same quarter a year ago. Why: the net margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason. 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. ## How many of City Union Bank's loans have gone bad? City Union Bank Ltd's gross NPA, the share of loans that have stopped being repaid, is 1.44% in Sep 2026, down from 2.42% a year ago. After the money already set aside for bad loans, 0.48% is left (net NPA). That is the 11th quarter in a row of improvement. Across the 12 quarters on file it has been between 1.44% and 4.47%. Falling bad loans mean the loan book is healing; rising ones mean new damage. In Sep 2026, gross NPA was 1.44% and net NPA 0.48%, against 2.42% and 0.90% a year ago. In short: a lender's profit growth is only as good as its loans, and this loan book is healing, several quarters running. Quarterly detail on money set aside for bad loans is not in our data yet, so this shows the levels and the trend, not the cost of the clean-up. Why bad loans moved: recoveries, write-offs and new bad loans all play a part. That split is not in our data, so the page shows the trend without the breakdown. ## How fast is City Union Bank's loan book growing? City Union Bank Ltd's revenue was ₹6,870 Cr in FY26, +17.8% on the year before, so the loan book is growing. The latest quarter was +26.6% on a year earlier. The net margin on that income is 19.9%, +0.0 percentage points on a year ago. Interest income stands in for the size of the loan book; changes in interest rates can move it a few points in any year. In short: a lender grows well when its loan book grows, its margin stays steady and its loans stay clean. Gross NPA is the loan-quality figure this page uses. ## What is City Union Bank's P/BV ratio, and how does it compare with its own history? City Union Bank Ltd's P/BV is 1.9×, near the low end of its own history: it has been lower only 35% of the time. Its usual P/BV (the middle reading) is 2.0×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year book value grew while the price moved +11.4%. Price and book value moved together, so the multiple stayed in its range. Where the price move came from: over 5 years the price moved +10.3% a year; about +12.3% a year came from book-value growth and about −2.0 percentage points from the multiple (the market paying less); over 10 years the price moved +8.7% a year; about +12.6% a year came from book-value growth and about −3.9 percentage points from the multiple (the market paying less). The split is approximate (price return minus book-value growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the book value trend underneath matters more than the multiple. ## What growth does the City Union Bank share price assume? Worked out from its price on 11 October 2026, City Union Bank Ltd's share price assumed profit growth of about 10.7% a year. Over the past 10 years its profit actually grew 11.5% a year. Today its P/BV is 1.9×, lower than 65% of its own last 11 years. This is a one-day reading, taken on 11 October 2026. Every other number on this page, the multiple included, uses the latest price as of 4 November 2026. A higher price assumes more growth and a lower price less, so it changes whenever the price changes, and this page does not update it between measurements. ## Is the City Union Bank business getting better or worse? City Union Bank Ltd's business is growing steadily. Revenue, profit and EPS growth have stayed positive throughout, and ROE is steady at 13.3%. This is based on 12 quarters of 4 measures. Why it matters: steady growth with healthy returns is how a business compounds over time. ## What is the City Union Bank story, and has it been checked? City Union Bank Ltd's story is not scored yet against the checks our research set on 22 August 2026. Where it sits in its own cycle: MID EXPANSION. Still open: See the risks below

Our read, 22 August 2026. From the numbers. From the price. Price stage 2, week 77, above its 200-day line, relative strength falling. From the research. Where they disagree. What is proven. What is not proven yet. See the risks below

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. 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. Sources: our stock research file (22 August 2026) · quarterly results through Sep 2026 · the company’s own earnings calls. The story check is re-scored every results season; the record below never changes. ## Did City Union Bank management deliver what it promised? What City Union Bank Ltd's management promised, against what actually happened: 4 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. Gold Loan Pricing Reversal · 28 October 2026. The Jul 2026 call said gold-loan rates had not changed, while the Oct 2026 call said rates had been increased wherever possible. This is a direct change in a pricing assumption for a large loan segment and materially affects the explanation for the improved gold-loan yield and margin outlook; management did not quantify when or how much the repricing occurred.\nPrior Call (Jul 2026): We haven't changed any rate of interest for gold loans. We are at the same rate, and we continue to do the same.\nLatest Call (Oct 2026): We increased rates. It is a fixed-rate gold loan book, and we did increase the rate in the market wherever we had an opportunity. 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 goal 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 goals 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 shareholders. 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%.”

Every quote above is taken word for word from the company’s own earnings calls. ## What is City Union Bank management's track record? Later margin and return forecasts were trimmed, an ordinary guidance change rather than a huge unowned miss. Older growth softness appears in the 2024 research excerpt; latest secured-credit delivery is favourable, but the new chief executive has a short stress record. ### Regulatory and governance record

Named live lead: Madras High Court reportedly declined to quash the property-auction fraud case against senior bank officials and directed completion of the chargesheet. 0% Promoter shares pledged

Sources:

- [cityunionbank.com](https://cityunionbank.com/filemanager/May26/Ambit-CityUnion-Apr27-2026.pdf)
- [rbi.org.in](https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=62793)
- [scanx.trade](https://scanx.trade/stock-market-news/companies/city-union-bank-confirms-fy26-secretarial-compliance/41075450)

(Checked 14 October 2026.)

## How much does City Union Bank earn on its equity and assets? City Union Bank Ltd earned a return on equity of 13% in FY26. Its lowest yearly reading on file was 9% in FY20. On its assets, every ₹100 earned about ₹1.59, before the effect of borrowing. For a lender the balance sheet is the business, so the return on equity and on assets have to be read together. That is above the level a bank needs to grow its net worth steadily. Why ROE moved: profit grew 11.5% a year over 10 years while net worth grew more slowly. When earnings recover faster than net worth builds up, ROE climbs off its low. ## Does City Union Bank have too much debt? For a bank, borrowing is the raw material of the business, not a warning sign: it borrows money in order to lend it out. Its safety is read through its returns and its loans. Its safety is read from the bad-loan figures and the return on equity instead. For a manufacturer, debt is a claim on its profits. For a lender it is the stock it trades in, so the usual debt-to-equity test would mislead and is not used here. ## What is the City Union Bank shareholding pattern? Domestic institutions raised their stake in City Union Bank Ltd by 14.4 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 48.0% of the company. Foreign institutions moved −8.6 points over the same period, to 17.4%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Why the owners changed: foreign institutions moved −8.6 points and domestic institutions +14.4 points over 8 quarters. One group of institutions took over shares from the other; it is not a change of mind by the people running the company. ## How far is City Union Bank from balance-sheet trouble? For City Union Bank Ltd, the Z-score is not used, because it was built for manufacturers, not lenders. For a lender, safety is read from its capital and bad-loan figures instead. ## How does City Union Bank rank in its industry? 62.5 out of 100, rank 4 of 18 in Banks - Private, with 100% of the evidence available. City Union Bank Ltd scores 62.5 out of 100 against the 18 companies it is compared with in Banks - Private, ranking 4. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 21.7 + 16.8 + 11.1 + 12.9 = 62.5. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if ROA turns down or gross NPA rises while the share price lags its sector. ## Which companies is City Union Bank compared with? City Union Bank ranks 4 of 18 Banks - Private companies on the 4-Factor Sector Score, with 62.5 out of 100. 1. [Karur Vysya Bank Ltd](https://www.sectoralpha.in/stocks/karur-vysya-bank-ltd) KARURVYSYA · leader · Most evidence points up · 100% evidence 77.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.1/35 · Income 15.4% · Profit 40.6% · 100% evidence Capital efficiency 23.3/25 · ROA 2% · ROE 19.1% · GNPA 0.7% · 100% evidence Valuation 9.4/20 · P/BV 2.24× · P/BV÷ROE 0.12 · 100% evidence Relative strength 18.0/20 · Lead over its industry 15% · Lead over NIFTY 500 24.7% · 1 year 46.5% · 100% evidence · 12 of 12 weeks ahead Exact sum: 27.1 + 23.3 + 9.4 + 18 = 77.8 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Tamilnad Mercantile Bank Ltd](https://www.sectoralpha.in/stocks/tamilnad-mercantile-bank-ltd) TMB · losing its lead · Most evidence points up · 100% evidence 74.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.9/35 · Income 18.8% · Profit 30% · 100% evidence Capital efficiency 22.7/25 · ROA 2.1% · ROE 14% · GNPA 0.6% · 100% evidence Valuation 12.7/20 · P/BV 1.18× · P/BV÷ROE 0.08 · 100% evidence Relative strength 12.8/20 · Lead over its industry 11.2% · Lead over NIFTY 500 19.7% · 1 year 60.5% · 100% evidence · 11 of 12 weeks ahead Exact sum: 25.9 + 22.7 + 12.7 + 12.8 = 74.1 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 3. [South Indian Bank Ltd](https://www.sectoralpha.in/stocks/south-indian-bank-ltd) SOUTHBANK · breaking out · Most evidence points up · 93% evidence 65.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.0/35 · Income 10.4% · Profit 16.7% · 100% evidence Capital efficiency 13.3/25 · ROA 1.1% · ROE 13.5% · GNPA n/a · 72% evidence Valuation 12.9/20 · P/BV 1.2× · P/BV÷ROE 0.09 · 100% evidence Relative strength 19.8/20 · Lead over its industry 25% · Lead over NIFTY 500 35.6% · 1 year 51.5% · 100% evidence · 10 of 12 weeks ahead Exact sum: 19 + 13.3 + 12.9 + 19.8 = 65 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. City Union Bank Ltd this page CUB · leader · Evidence leans up · 100% evidence 62.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.7/35 · Income 22.6% · Profit 23.3% · 100% evidence Capital efficiency 16.8/25 · ROA 1.4% · ROE 13.2% · GNPA 1.4% · 100% evidence Valuation 11.1/20 · P/BV 1.89× · P/BV÷ROE 0.14 · 100% evidence Relative strength 12.9/20 · Lead over its industry -0.7% · Lead over NIFTY 500 8.2% · 1 year 24.9% · 100% evidence · 11 of 12 weeks ahead Exact sum: 21.7 + 16.8 + 11.1 + 12.9 = 62.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Karnataka Bank Ltd](https://www.sectoralpha.in/stocks/karnataka-bank-ltd) KTKBANK · leader · Evidence leans up · 100% evidence 62.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.9/35 · Income 4.7% · Profit 35.4% · 100% evidence Capital efficiency 11.7/25 · ROA 1.1% · ROE 10.4% · GNPA 2.3% · 100% evidence Valuation 14.0/20 · P/BV 0.81× · P/BV÷ROE 0.08 · 100% evidence Relative strength 15.8/20 · Lead over its industry 14.9% · Lead over NIFTY 500 23.3% · 1 year 67.3% · 100% evidence · 12 of 12 weeks ahead Exact sum: 20.9 + 11.7 + 14 + 15.8 = 62.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Dhanlaxmi Bank Ltd](https://www.sectoralpha.in/stocks/dhanlaxmi-bank-ltd) DHANBANK · turning · Evidence leans up · 100% evidence 60.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 30.9/35 · Income 23.1% · Profit 67.9% · 100% evidence Capital efficiency 7.3/25 · ROA 0.5% · ROE 7.2% · GNPA 1.8% · 100% evidence Valuation 7.8/20 · P/BV 0.8× · P/BV÷ROE 0.11 · 100% evidence Relative strength 14.8/20 · Lead over its industry 5.2% · Lead over NIFTY 500 13.8% · 1 year 18.1% · 100% evidence · 3 of 12 weeks ahead Exact sum: 30.9 + 7.3 + 7.8 + 14.8 = 60.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [DCB Bank Ltd](https://www.sectoralpha.in/stocks/dcb-bank-ltd) DCBBANK · breaking out · Evidence leans up · 100% evidence 60.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.5/35 · Income 10.7% · Profit 25.6% · 100% evidence Capital efficiency 11.1/25 · ROA 0.9% · ROE 12% · GNPA 2.3% · 100% evidence Valuation 16.9/20 · P/BV 0.9× · P/BV÷ROE 0.07 · 100% evidence Relative strength 11.0/20 · Lead over its industry -0.9% · Lead over NIFTY 500 7.8% · 1 year 21.9% · 100% evidence · 11 of 12 weeks ahead Exact sum: 21.5 + 11.1 + 16.9 + 11 = 60.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [ICICI Bank Ltd](https://www.sectoralpha.in/stocks/icici-bank-ltd) ICICIBANK · turning · Evidence leans up · 79% evidence 53.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 11.2/35 · Income 7% · Profit 10.3% · 62% evidence Capital efficiency 19.8/25 · ROA 2.1% · ROE 15.9% · GNPA n/a · 68% evidence Valuation 9.2/20 · P/BV 2.59× · P/BV÷ROE 0.16 · 100% evidence Relative strength 13.4/20 · Lead over its industry -0.8% · Lead over NIFTY 500 8.3% · 1 year 3.9% · 100% evidence · 6 of 12 weeks ahead Exact sum: 11.2 + 19.8 + 9.2 + 13.4 = 53.6 · What this means: Relative strength against the index is 8.3%, and revenue and profit growth are weak. 9. [IDFC First Bank Ltd](https://www.sectoralpha.in/stocks/idfc-first-bank-ltd) IDFCFIRSTB · quiet · Evidence leans up · 73% evidence 52.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 30.4/35 · Income 14.6% · Profit 100% · 86% evidence Capital efficiency 9.5/25 · ROA 1.1% · ROE 3.8% · GNPA n/a · 72% evidence Valuation 3.7/20 · P/BV 1.26× · P/BV÷ROE 0.34 · 100% evidence Relative strength 8.8/20 · Lead over its industry n/a · Lead over NIFTY 500 -2.9% · 1 year -12.1% · 25% evidence · 8 of 12 weeks ahead Exact sum: 30.4 + 9.5 + 3.7 + 8.8 = 52.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [Kotak Mahindra Bank Ltd](https://www.sectoralpha.in/stocks/kotak-mahindra-bank-ltd) KOTAKBANK · breaking out · Evidence leans up · 93% evidence 51.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 11.3/35 · Income 8.4% · Profit 15.6% · 100% evidence Capital efficiency 15.9/25 · ROA 1.9% · ROE 11.4% · GNPA n/a · 72% evidence Valuation 7.3/20 · P/BV 2.36× · P/BV÷ROE 0.21 · 100% evidence Relative strength 17.4/20 · Lead over its industry 9.1% · Lead over NIFTY 500 19.3% · 1 year 9.8% · 100% evidence · 9 of 12 weeks ahead Exact sum: 11.3 + 15.9 + 7.3 + 17.4 = 51.9 · What this means: Relative strength against the index is 19.3%, and revenue and profit growth are weak. 11. [Axis Bank Ltd](https://www.sectoralpha.in/stocks/axis-bank-ltd) AXISBANK · turning · Evidence leans up · 93% evidence 51.5 out of 100 Growth Capital Valuation Relative
12. [Federal Bank Ltd](https://www.sectoralpha.in/stocks/federal-bank-ltd) FEDERALBNK · turning · Evidence leans up · 84% evidence 51.3 out of 100 Growth Capital Valuation Relative
13. [HDFC Bank Ltd](https://www.sectoralpha.in/stocks/hdfc-bank-ltd) HDFCBANK · turning · Evidence leans down · 84% evidence 47.0 out of 100 Growth Capital Valuation Relative
14. [RBL Bank Ltd](https://www.sectoralpha.in/stocks/rbl-bank-ltd) RBLBANK · losing its lead · Evidence leans down · 88% evidence 42.9 out of 100 Growth Capital Valuation Relative
15. [Bandhan Bank Ltd](https://www.sectoralpha.in/stocks/bandhan-bank-ltd) BANDHANBNK · quiet · Evidence leans down · 100% evidence 40.1 out of 100 Growth Capital Valuation Relative
16. [Jammu and Kashmir Bank Ltd](https://www.sectoralpha.in/stocks/jammu-and-kashmir-bank-ltd) J&KBANK · quiet · Evidence leans down · 88% evidence 39.2 out of 100 Growth Capital Valuation Relative
17. [Yes Bank Ltd](https://www.sectoralpha.in/stocks/yes-bank-ltd) YESBANK · quiet · Evidence leans down · 100% evidence 38.5 out of 100 Growth Capital Valuation Relative
18. [IndusInd Bank Ltd](https://www.sectoralpha.in/stocks/indusind-bank-ltd) INDUSINDBK · quiet · Most evidence points down · 89% evidence 28.7 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. 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 path the industry 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 growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Banks - Private](https://www.sectoralpha.in/sectors/banks-private), all 18 compared on one page. ## Which companies are close to City Union Bank in size? City Union Bank is the 12th largest of 18 Banks - Private companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Yes Bank, Karur Vysya Bank and Bandhan Bank. Just below it: South Indian Bank, Jammu and Kashmir Bank and Tamilnad Mercantile Bank. ### Banks - Private companies close in size

1. [Yes Bank Ltd](https://www.sectoralpha.in/stocks/yes-bank-ltd) ₹47,555 crore
2. [Karur Vysya Bank Ltd](https://www.sectoralpha.in/stocks/karur-vysya-bank-ltd) ₹34,419 crore
3. [Bandhan Bank Ltd](https://www.sectoralpha.in/stocks/bandhan-bank-ltd) ₹24,865 crore
4. City Union Bank Ltd ₹21,223 crore
5. [South Indian Bank Ltd](https://www.sectoralpha.in/stocks/south-indian-bank-ltd) ₹14,536 crore
6. [Jammu and Kashmir Bank Ltd](https://www.sectoralpha.in/stocks/jammu-and-kashmir-bank-ltd) ₹12,905 crore
7. [Tamilnad Mercantile Bank Ltd](https://www.sectoralpha.in/stocks/tamilnad-mercantile-bank-ltd) ₹12,689 crore

[All 18 Banks - Private companies, largest first](https://www.sectoralpha.in/sectors/banks-private#all-companies)

### Companies close in size in other industries

1. [AWL Agri Business Ltd](https://www.sectoralpha.in/stocks/awl-agri-business-ltd) ₹21,337 crore · Edible Oils, Agro Processing
2. [Data Patterns (India) Ltd](https://www.sectoralpha.in/stocks/data-patterns-indialtd) ₹21,274 crore · Aerospace & Defence - Equipments
3. City Union Bank Ltd ₹21,223 crore
4. [ACC Ltd](https://www.sectoralpha.in/stocks/acc-ltd) ₹21,220 crore · Cement
5. [Leela Palaces Hotels & Resorts Ltd](https://www.sectoralpha.in/stocks/leela-palaces-hotels-resorts-ltd) ₹21,181 crore · Hotels

## What else do people ask about City Union Bank? ### What is City Union Bank's share price today? City Union Bank Ltd's share price is ₹213.50, +11.4% over the past year. The whole company is worth ₹21,173 Cr on the market. In the last 52 weeks it traded between ₹174 to ₹236; today it is 64% of the way up from the low, 2.5% above its 200-day average (as of 4 November 2026). ### What were City Union Bank's latest quarterly results? City Union Bank Ltd reported total income of ₹2,092 Cr and net profit of ₹416 Cr for the Sep 2026 quarter. Income rose 26.6% and profit rose 26.4% compared with a year earlier. Earnings per share were ₹4.20. Gross NPA stood at 1.44% of the loan book (as of 4 November 2026). ### What is City Union Bank's market cap? City Union Bank Ltd's market capitalisation is ₹21,173 Cr at a share price of ₹213.50. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026). ### How is City Union Bank performing? City Union Bank Ltd's share price has been rising for 77 weeks. In its latest quarter, income rose 26.6% and profit rose 26.4% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 21 weeks running (as of 4 November 2026). ### Will City Union Bank's share price go up? This page does not forecast City Union Bank Ltd's share price. What it shows instead: the share price is ₹213.50, and it has been rising for 77 weeks. Its P/BV of 1.9× is higher than 35% of its own last 11 years (as of 4 November 2026). ### Where is City Union Bank in its business cycle? City Union Bank Ltd's FY26 net margin was 19.3%, against a 13-year range of 11.4% to 19.9%: the middle of its own range, neither a peak nor a low. The latest quarter was 19.9%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026). ### What could break the City Union Bank story? The main question: foreign institutions moved −8.6 percentage points over 8 quarters while the business went the other way. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026). ### Is City Union Bank a stock worth studying right now? What the numbers show: City Union Bank Ltd's results are improving, while its P/BV is near the low end of its own history over 11 years, higher than only 35% of past readings. The main open question: whether the owners’ moves turn back in line with the business. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026). ### Is there a City Union Bank share price forecast for 2026? What management itself guided: NIM 3.9%-4.0% Q3-Q4 expected on EBLR repricing with steady deposit costs held. The changes showing up in City Union Bank's own numbers are fewer bad loans. It is too early to say whether they last. What would change the story: The thesis breaks if gross NPAs reverse upward while recoveries no longer exceed slippages, or if the bank cuts its stated NIM and ROA framework again after the next results cycle. ### Where does this page get City Union Bank's management information? From City Union Bank's results calls, its filings and public records on governance, each dated on the page. Management’s plans are shown as plans, never as results. ## Lists

- Multibagger study list: https://www.sectoralpha.in/multibagger-stocks-india
- Momentum stocks: https://www.sectoralpha.in/momentum-stocks-india
- Small & mid cap stocks: https://www.sectoralpha.in/small-cap-stocks-india
- Bank stocks: https://www.sectoralpha.in/sectors/bank-stocks-india

This is research, not advice. We’re not SEBI-registered.