City Union Bank Q4: Net profit up 13%, NII grows 21%; bank recommends dividend of ₹2 per equity

The private sector bank net interest income (NII) also saw an increase of 9.8% at ₹600.3 crore YoY as against ₹546.5 crore in the corresponding quarter last fiscal year.

For FY25, NII had grown by 21% and stood at ₹898 crore as against ₹742 crore for the same period last financial year. Loan processing charges and insurance commissions were the major contributors towards the growth in other income this year.

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City Union Bank’s gross NPA stood at 3.09% for Q4 FY25 as against 3.36% quarter-on-quarter (QoQ). The net NPA for the period was 1.25%, in contrast to 1.42% QoQ.

Apart from announcing fourth quarter earnings, the bank’s Board of Directors has recommended a dividend of ₹2 per equity share, i.e., 200% on the face value of ₹1 per equity share for FY25.

For the quarter under review, its net interest margin (NIM) was 3.6%. “Net Interest Margin is at 3.60% for FY25, which is broadly in line with our guidance levels given earlier,” the bank said.

The total business grew by 14% YoY to ₹116,600 crore from ₹102,100 crore.

The bank made a provision of ₹555 crore as of March 31, 2025, as compared to ₹501 crore in the corresponding period last fiscal year.

The private lender’s deposits as of March 31, 2025, stood at ₹63,526 crore, while advances were at ₹53,066 crore.

Its current account savings account (CASA) portion stood at 29% of total deposits. The cost of deposits increased to 5.85% in FY25 from 5.59 % in FY24.

City Union Bank is an old private-sector bank with 875 branches across 16 states and three union territories.

On Friday, shares of City Union Bank settled at ₹173.99 apiece, tumbling 1.46% on the National Stock Exchange.