City Union Bank announced Q3FY25 results The Bank earned Net Interest Income of Rs.588 crore for Q3FY25 registering 14% growth compared to Rs.515 crore in Q3FY24. Non Interest Income of the Bank for Q3FY25 was at Rs.228 crore as against Rs.193 crore for Q3FY24 registering 18% growth. The operating expense is Rs.380 crore for Q3FY25. The Gross Profit for Q3FY25 had grown by 20% and improved to Rs.436 crore in Q3FY25 from Rs.364 crore in Q3FY24. The Bank made a provision of Rs.402 crore as of 31.12.2024 as against Rs.404 cr in the corresponding period last year. The PAT had increased by 13% and increased to Rs.286 crore in Q3FY25 from Rs.253 crore in Q3FY24. Total Deposits of the Bank had increased by 11% and increased to Rs.58,271 crore in Q3FY25 from Rs.52,726 cr in corresponding period last year. CASA portion stood at 28% to total deposits. Total Advances increased by 15% for Q3FY25 to Rs.50,409 crore from Rs.44,017 crore in Q3FY24. Average Credit Deposit ratio stood at 86%. The Gross NPA for Q3FY25 was reduced to 3.36% from 4.47% in the corresponding quarter last financial year. GNPA had shown sequential decrease for the past 6 quarters. Net NPA was decreased to 1.42% in the current quarter from 2.19% in Q3FY24. for the same period. The provision coverage ratio (PCR) as of 31.12.2024 is at 77% (including T/W) and 59% (excluding T/W). We are taking necessary steps to improve the PCR further. Net Interest Margin is at 3.58% for Q3FY25 compared to 3.50% in Q3FY24. Return on assets for Q3FY25 is 1.57% and for 9MFY25 it stands at 1.56% which is in line with our long-term average levels. Return on Equity was at 12.64% in Q3FY25 showing marginal increase from 12.57% in Q3FY24. Our cost to income ratio for Q3FY25 had reduced to 46.58% as compared to 48.64% in Q3FY24. The CIR may hover around 48% to 50% for the current financial year. The Bank’s capital adequacy as on 31.12.2024 as per Reserve Bank of India (RBI) guidelines on Basel III norms is 22.26% and Tier-1 capital adequacy was 21.29%, well above regulatory requirements. Result PDF