Q3 2025 City Union Bank Ltd Earnings Call Transcript
Key Points
- City Union Bank Ltd (BOM:532210) achieved a 14.6% year-on-year growth in advances for Q3 FY25, reaching INR50,409 crore.
- The bank's asset quality improved, with gross NPA reducing from 4.47% in Q3 FY24 to 3.36% in Q3 FY25.
- Interest income grew by 12% year-on-year, increasing to INR1,479 crore in Q3 FY25.
- The bank's operating profit increased by 20% year-on-year, reaching INR436 crore for Q3 FY25.
- City Union Bank Ltd (BOM:532210) maintained a stable net interest margin (NIM) of 3.58% for Q3 FY25, within their long-term range of 3.4% to 3.7%.
- The cost of deposits increased to 5.88% in Q3 FY25 from 5.67% in Q3 FY24.
- The bank's CASA growth was modest at 5% year-on-year, increasing from INR15,359 crore to INR16,132 crore.
- Retail contribution to total advances remains low, projected at only 2% to 2.5% for FY26.
- The bank's cost-to-income ratio remains relatively high, projected to be in the range of 48% to 50% for FY24-'25.
- Despite improvements, the net NPA percentage is still at 1.42% for Q3 FY25, indicating room for further reduction.
Ladies and gentlemen, good day. And welcome to the City Union Bank Limited Q3 FY24-'25 earnings conference call. (Operator Instructions) Please note that this conference is being recorded.
I would now like to hand the conference over to Ms. Margaret from Ambit Capital. Thank you and what you ma'am.
'-
Good evening. And on behalf of Ambit Capital, I thank the management of City Union Bank Limited for the opportunity to host your Q3 FY25 earnings call. We have the following members of management with us today, Mr. R. Vijay Anandh, Executive Director; and Mr. J. Sadagopan, Chief Financial Officer.
I will now hand over the call to the management. Mr. Vijay Anandh, Executive Director to walk us through the quarter. Thank you all and over to you, sir.
Good evening, everyone. Warm welcome to all of you for this con call to discuss the unaudited financial results of City
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
