City Union Bank Q1 FY27 PAT up 25 percent to Rs 383 Cr, NII up 31 percent, GNPA falls to 1.73 percent

City Union Bank reported solid Q1 FY27 results. Net Interest Income grew 31 percent to Rs 820 Cr from Rs 625 Cr. PAT rose 25 percent to Rs 383 Cr versus Rs 306 Cr a year ago. Operating profit grew 29 percent to Rs 581 Cr. Total income up 21 percent at Rs 2,229 Cr. Deposits grew 21 percent to Rs 79,342 Cr and advances rose 25 percent to Rs 67,645 Cr. Asset quality improved sharply with Gross NPA at 1.73 percent versus 2.99 percent and Net NPA at 0.61 percent versus 1.20 percent. NIM expanded to 3.78 percent from 3.54 percent. Cost to income improved to 45.42 percent, ROE at 14.37 percent and capital adequacy strong at 21.72 percent.