City Union Bank Reports 24.86% Increase in Q4 Net Profit for March 2026
City Union Bank standalone net profit rises 24.86% in the March 2026 quarter
Business Standard
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City Union Bank's standalone net profit surged by 24.86% to ₹359.56 crore ($43.5 million USD) for the quarter ending March 2026, compared to ₹287.96 crore ($34.5 million USD) in the same quarter last year. The total operating income also rose by 21.07% to ₹1855.62 crore ($224 million USD).
- 01Net profit increased by 24.86% to ₹359.56 crore ($43.5 million USD) in Q4 March 2026.
- 02Total operating income rose by 21.07% to ₹1855.62 crore ($224 million USD) during the same period.
- 03For the full year, net profit grew by 18.03% to ₹1326.23 crore ($159 million USD).
- 04Total operating income for the year increased by 17.75% to ₹6869.76 crore ($826 million USD).
- 05The bank's operating profit margin (OPM) remained stable at 66.76%.
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City Union Bank has reported a robust 24.86% increase in its standalone net profit for the quarter ending March 2026, reaching ₹359.56 crore ($43.5 million USD), up from ₹287.96 crore ($34.5 million USD) in the same quarter last year. The total operating income for this quarter also saw a significant rise of 21.07%, amounting to ₹1855.62 crore ($224 million USD) compared to ₹1532.72 crore ($185 million USD) in the previous year. For the fiscal year ending March 2026, the bank's net profit rose by 18.03% to ₹1326.23 crore ($159 million USD), while total operating income increased by 17.75% to ₹6869.76 crore ($826 million USD). The operating profit margin (OPM) for the quarter was recorded at 66.76%, slightly down from 68.12% in the previous year, indicating stable profitability despite rising operational costs.
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The bank's strong financial performance may lead to increased lending capacity, potentially benefiting local businesses and consumers seeking loans.
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