India · Delayed Price · Currency is INR City Union Bank Earnings Call Transcripts
Fiscal Year 2026
-
Q4 FY26 delivered record business growth with 26% advances and 23% deposit growth, while asset quality improved and net profit rose 25% year-over-year. Leadership transition is underway, and guidance for FY27 targets stable margins and higher ROA.
-
Advances and deposits grew 21% year-over-year, with strong asset quality improvements and stable margins. Guidance remains for mid- to high-teens growth, stable NIM, and ROA above 1.5%, with continued focus on MSME, gold loans, and retail.
-
Q2 FY2026 saw 18% loan and 21% deposit growth, decade-best asset quality, and stable margins. NIM rose to 3.63%, ROA held at 1.59%, and net NPA dropped below 1%. Guidance remains for growth above industry, stable NIM, and cost-to-income near 48%-50%.
-
Record quarterly PAT above INR 300 crore, with 16% credit and 20% deposit growth year-over-year. Asset quality improved, NIM stable at 3.54%, and guidance maintained for mid-teen growth and 3.5% NIM. No major asset quality stress observed; MSME and gold loans remain key growth drivers.
Fiscal Year 2025
-
Q4 and FY25 saw 14% credit and deposit growth, improved asset quality, and higher profitability. Guidance for FY26 includes credit growth 2-3% above industry, stable NIM at 3.5%-3.7%, and continued focus on MSME and retail expansion.
-
Q3 FY25 saw robust 14.6% credit growth, improved asset quality, and 13% PAT growth. MSME remains the main growth driver, with stable NIM and cost-to-income ratios. Retail lending is focused on secured products, and asset quality continues to improve.
-
Double-digit credit growth and improved profitability were achieved, driven by MSME and gold loans, with digital initiatives enhancing efficiency. Asset quality improved, and new secured retail products are set for a Q4 launch, supporting future growth.
-
Q1 FY25 saw 10% year-over-year advances growth, improved asset quality, and a 16% rise in PAT. Digital lending initiatives are driving early momentum, with a focus on secured retail expansion and stable ROA at 1.5%+. Upfront costs will keep the cost-to-income ratio elevated for several quarters.