City Union Bank jumps after Q1 PAT climbs 25% YoY to Rs 382 cr
Mumbai, July 28 -- Operating profit before provisions and contingencies grew 28.76% YoY to Rs 580.57 crore. Total provisions for the quarter stood at Rs 198 crore, compared with Rs 145 crore in the corresponding quarter last year.
Net interest income (NII) surged 31% YoY to Rs 820 crore from Rs 625 crore in Q1 FY26, while net interest margin (NIM) improved to 3.78% from 3.54% a year earlier.
The bank continued to witness healthy business growth, with total deposits rising 21% YoY to Rs 79,342 crore as of 30 June 2026. Total advances increased 25% YoY to Rs 67,645 crore, while CASA deposits grew 18% to Rs 21,094 crore.
Asset quality strengthened further during the quarter. Gross non-performing assets (GNPA) declined to 1.73% as of 30 Ju...
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