City Union Bank Ltd. News and Updates

Name: Latest research reports of City Union Bank Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: City Union Bank Ltd.
Rating: 5
Author: ICICI Securities Limited

Keep track of all breaking news on City Union Bank Ltd. from all sources in a single place.

City Union Bank Ltd.

27 Mar 2025

166.97

4.50%

New LOS to boost efficiency, scale and risk management

Buy: City Union Bank Ltd.

ICICI Securities Limited

We recently interacted with senior management and select business heads of City Union Bank (CUBK). The bank reiterated its growth guidance of 12–14% YoY for FY25 and acceleration to 15–16% YoY for FY26.

ICICI Securities Limited released a Buy report for City Union Bank Ltd. with a price target of 200.0 on 27 Mar, 2025.

City Union Bank Ltd.

10 Mar 2025

166.97

4.50%

Asset quality, retail play key to City Union Bank's growth

Economic Times

The Kumbakonam-based bank offers loans to the MSME (micro, small and medium enterprises), retail, wholesale and agriculture segments. The bank's advances grew by 15% to 50,409 crore while deposits rose by 11% to 58,271 crore year-on-year at the end of December 2024.

City Union Bank Ltd. is trading below its 100 day SMA of 167.6

City Union Bank Ltd.

05 Mar 2025

166.97

4.50%

CITY UNION BANK LTD

Accumulate: City Union Bank Ltd.

Target

Geojit BNP Paribas

City Union Bank Ltd. is trading above its 200 day SMA of 166.9

City Union Bank Ltd.

04 Mar 2025

166.97

4.50%

City Union Bank Gets 'Buy' Upgrade From ICICI Securities, Says Risk-Reward Favorable At Current Valuations

NDTV Profit

ICICI Securities upgrades City Union Bank to Buy with an unchanged target price of Rs 200, valuing the stock at ~1.45x FY26E adjusted book value, broadly in-line with forward RoAs.

City Union Bank Ltd. is trading above its 200 day SMA of 166.9

City Union Bank Ltd.

04 Mar 2025

166.97

4.50%

Improving resilience on NIM/growth; risk-reward favourable at current valuations

Buy: City Union Bank Ltd.

Target

ICICI Securities Limited

We upgrade City Union Bank (CUBK) to BUY with an unchanged target price of INR 200, valuing the stock at ~1.45x FY26E ABV, broadly in-line with forward RoAs. Post ~17% stock price correction in the last month, CUBK’s valuation at ~1.1x forward book is near its lowest in the last three years – juxtaposed with an improved growth outlook and NIM resilience.

ICICI Securities Limited released a Buy report for City Union Bank Ltd. with a price target of 200.0 on 27 Mar, 2025.

City Union Bank Ltd.

01 Mar 2025

166.97

4.50%

CUB-CSK co-branded credit card launched with sports and lifestyle perks

Business Line

This card offers global acceptance, robust security, and contactless payment options.

City Union Bank Ltd.'s price crossed above 50Day SMA today

City Union Bank Ltd.

04 Feb 2025

166.97

4.50%

Good Q3, RoE to stay low

Hold: City Union Bank Ltd.

Target

Sharekhan

Operational performance was healthy led by strong loan growth/ fee income, recoveries from W/O accounts and contained opex growth. Net Interest Income at Rs. 588 crore (marginally below estimates) was up 14% y-o-y/ 1% q-o-q.