CITY UNION BANK LTD. - 532210 - Shareholder Meeting / Postal Ballot-Outcome of AGM
Outcome of AGM held on August 23, 2023 along with the Report of the Scrutinizer25-08-2023
25-08-2023
CITY UNION BANK LTD. - 532210 - Shareholder Meeting / Postal Ballot-Outcome of AGM
Fair Summary of the Proceedings of Annual General Meeting held on August 23, 2023 through video conferencing at the Administrative office of the bank.24-08-2023
CITY UNION BANK LTD. - 532210 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Earnings call Transcript 1Q FY 202418-08-2023
CITY UNION BANK LTD. - 532210 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Our Bank will be participating in the Emkay Global Investor''s Conference to be held on August 18,2023 at Mumbai. The schedule of conference has been received / confirmed today and is also being hosted in the website of the bank.17-08-2023
Accumulate City Union Bank; target of Rs 160: Prabhudas Lilladher
Prabhudas Lilladher recommended accumulate rating on City Union Bank with a target price of Rs 160 in its research report dated August 12, 2023.16-08-2023
CITY UNION BANK LTD. - 532210 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Issue of Duplicate Share Certificate16-08-2023
Q1FY24 Quarterly Result Announced for City Union Bank Ltd.
City Union Bank announced Q1FY24 results: The Bank earned Net Interest Income of Rs 523 crore for Q1FY24 as against Rs 525 crore in Q1FY23. Non-Interest Income of the Bank for Q1FY24 was at Rs 191 crore as against Rs 218 crore for Q1FY23. The operating expense is Rs 300 crore for Q1FY24 as compared to Rs 295 crore in Q1FY23 The Gross Profit was Rs 414 crore in Q1FY24 as against Rs 447 crore in Q1FY23. The Bank made a provision of Rs 187 crore as of June 30, 2023, as against Rs 222 crore in Q1FY23. The PAT was Rs 227 crore in Q1FY24 as against at Rs 225 crore in Q1FY23. Total Deposits of the Bank had increased by 6% for Q1FY24 to Rs 51,655 crore from Rs 48,772 crore in Q1FY23. CASA portion stood at 31% of total deposits. The cost of Deposits increased to 5.36 % for Q1FY24 from 4.43% in Q1FY23. The increase is in line with policy rate hikes. Total Advances increased by 4% for Q1FY24 to Rs 42,405 crore from Rs 40,934 crore in Q1FY23. The credit Deposit ratio stood at 82%. The yield on Advances had increased to 9.53% in Q1FY24 from 9.04% in Q1FY23. The hike is due to the transmission of policy rate hikes. The Gross NPA as on June 30, 2023, stood at 4.91% as against 4.65% in Q1FY23. Net NPA for Q1FY24 decreased to 2.51% from 2.89% for the same period. The Provision Coverage Ratio (including TW) as on June 30, 2023, stood at 70%, and PCR without TW is at 50%. Net Interest Margin is at 3.67% for Q1FY24. Return on assets for Q1FY24 is at 1.40%. Return on Equity was at 12.10% in Q1FY24. Cost to Income Ratio stood at 41.98% in Q1FY24 vs 39.78% in Q1FY23. The Bank’s capital adequacy as on June 30, 2023, as per Reserve Bank of India (RBI) guidelines on Basel III norms is 23.02% and Tier-1 capital adequacy was 21.98%, well above regulatory requirements. Result PDF14-08-2023
City Union Bank down 6% as asset quality worsens in Q1
Gross non-performing assets rose 54 basis points (bps) sequentially to 4.91 percent and net NPAs jumped 15 bps in Q1FY2414-08-2023
CITY UNION BANK LTD. - 532210 - Announcement under Regulation 30 (LODR)-Meeting Updates
Audio Recording Q1 FY 202412-08-2023
CITY UNION BANK LTD. - 532210 - Announcement under Regulation 30 (LODR)-Meeting Updates
Audio Recording of Earnings Call for Q1FY202412-08-2023