City Union Bank Declares ₹2 Dividend, Reports Robust Q4 Performance

City Union Bank Ltd has announced a dividend of ₹2 per share following a strong financial performance in the fourth quarter of FY25. The bank reported a net profit of ₹2.88 billion for the March quarter, marking a 13% year-on-year increase and underscoring its resilience in a competitive banking landscape. Interest earned during the quarter reached ₹15.33 billion, reflecting healthy credit growth and sustained demand for banking services.

 

The bank maintained its prudent approach to risk management, with provisions and contingencies for the quarter standing at ₹780 million. Asset quality showed improvement, with gross non-performing assets (NPA) at 3.09%, while net NPA dropped to 1.25% from 1.97% a year earlier. These improvements highlight City Union Bank’s focus on recovery and credit discipline.

 

The board’s decision to declare a ₹2 dividend per share further demonstrates the bank’s commitment to rewarding shareholders amid consistent growth. Management expressed confidence in the bank’s trajectory, citing operational efficiency and a milestone of crossing ₹1 lakh crore in total business during the year. City Union Bank’s robust Q4 results position it well for continued growth in the upcoming fiscal year.

 

Source: MarketScreener, Upstox