City Union Bank Ltd. News and Updates

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

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

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City Union Bank Ltd.

27 Sep 2021

211.91

2.13%

CITY UNION BANK - Second wave asset quality impact lower; adequate growth capital

Buy: City Union Bank Ltd.

LKP Securities

City Union Bank (CUB) has demonstrated consistency in profitability by focusing on risk at a time when most of its peers were looking for scale. Over the last ten decades, CUB leveraged its trust and relationship with SME in its circle of competence by ring fencing the risk. In our view CUB...

City Union Bank Ltd. is trading above all available SMAs

City Union Bank Ltd.

09 Aug 2021

211.91

2.13%

to see Rapid results content

City Union Bank Ltd.

09 Aug 2021

211.91

2.13%

Result Update:City Union Bank

Buy: City Union Bank Ltd.

Target

Axis Direct

We maintain our BUY recommendation with a target price of Rs 195/share (2.2x FY23E ABV).

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

City Union Bank Ltd.

08 Aug 2021

211.91

2.13%

City Union Bank Ltd. | Q1FY22 Result Update

Buy: City Union Bank Ltd.

Edelweiss

Beat on operational front due to lower credit cost

City Union Bank Ltd. has an average target of 217.00 from 10 brokers.

City Union Bank Ltd.

07 Aug 2021

211.91

2.13%

City Union Bank Q1 results: Net profit jumps 12% at Rs 173 cr on lower provisioning

Business Today

Total income during April-June 2021 fell to Rs 1,193 crore from Rs 1,210 crore in the same period a year ago, the bank said in a regulatory filing

City Union Bank Ltd. has gained 32.38% in the last 6 Months

City Union Bank posts Q1 net of 173 crore

Business Line | 06 Aug 2021 1 more

City Union Bank Ltd.

15 Jul 2021

211.91

2.13%

City Union Bank Q1 Net Profit may dip 26% YoY to Rs. 1,140 cr: Sharekhan

Moneycontrol

Net Interest Income (NII) is expected to increase by 9 percent Y-o-Y (up 11 percent Q-o-Q) to Rs. 4,763 crore, according to Sharekhan.

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

City Union Bank Ltd.

03 Jun 2021

211.91

2.13%

City Union Bank hopes to maintain better asset quality in FY22 amid second wave blues

Business Line

We will be seeing things getting eased up once the lockdown is removed, says Managing Director Kamakodi

City Union Bank Ltd. is trading above all available SMAs

City Union Bank Ltd.

02 Jun 2021

211.91

2.13%

CITY UNION BANK LTD

Buy: City Union Bank Ltd.

Geojit BNP Paribas

City Union Bank Ltd (CUB), the oldest private sector bank in India, is a mid-sized commercial bank headquartered in Tamil Nadu, having a network of 702 branches and 1,724 ATMs spread across the country and a loan book size of Rs.37,021cr Total Business grew by 8% YoY with advances growing at 7% supported by strong growth in ECLGS (Emergency Credit Line Guarantee Scheme) and Gold Loan. Net Interest Income grew by 2% YoY while declined 12.4% QoQ...

City Union Bank Ltd. has gained 32.38% in the last 6 Months

City Union Bank Ltd.

01 Jun 2021

211.91

2.13%

EARNINGS UPDATE- CUB 4QFY21

Buy: City Union Bank Ltd.

Chola Wealth Direct

Background: City Union Bank (CUB) among the smaller-sized banks in the private sector space operates a network of 700 branches. With about 2/3rds of its branches located in Tamil Nadu, the bank's business is largely skewed towards the Southern India. Majority of its business comes from branches located in South India. CUB has a significant chunk of its branches in urban and semi-urban areas. With no identifiable promoters CUB is run by a team of professionals. A slew of...

City Union Bank Ltd. has an average target of 217.00 from 10 brokers.

City Union Bank Ltd.

31 May 2021

211.91

2.13%

Buy City Union Bank: target of Rs 225: Sharekhan

Moneycontrol

Sharekhan is bullish on City Union Bank has recommended buy rating on the stock with a target price of Rs 225 in its research report dated May 28, 2021.