City Union Bank announced its financial performance for the second quarter ended September 2026, posting a 26 per cent rise in net profit to ₹416 crore.
In the corresponding July-September quarter of the previous fiscal year, the bank had recorded a net profit of ₹329 crore, according to the regulatory filing.
The lender's interest income experienced notable growth during the quarter, rising 27 per cent to ₹2,092 crore. This compares to an interest income of ₹1,653 crore reported in the same quarter of FY26.
Alongside profit growth, the bank's asset quality showed measurable improvement. Net non-performing assets (NPAs) improved to 0.48 per cent in the September quarter of FY27, down from 0.90 per cent in the corresponding period of the previous year.
Following the earnings announcement, shares of City Union Bank were trading at ₹215.55 on the Bombay Stock Exchange (BSE), registering an increase of 1.05 per cent over the previous close.
"City Union Bank's second-quarter performance reflects steady growth in core interest income alongside a clear improvement in asset quality, with net NPAs dropping significantly year-on-year. Such steady financial metrics demonstrate sound balance sheet management and operational efficiency in a competitive banking environment." — Dr. Shishir Gupta, Founder & CEO, StartupLanes
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