City Union Bank Limited has released the transcript of its Earnings Conference Call for Q3 and 9M FY2026, which concluded on February 02, 2026. The results, approved by the Board of Directors, cover the standalone un-audited financial results for the quarter and nine months ended December 31, 2025. The bank reported a strong advance growth of 21% year-on-year in Q3 FY26, reaching ₹60,892 crores. Deposit growth also mirrored this at 21%, with total deposits at ₹70,516 crores. Gross NPA reduced to 2.17% and net NPA to 0.78%. The NIM improved to 3.89% in Q3 FY26 from 3.63% in Q2 FY26, driven by deposit repricing and an increased gold loan portfolio. Operating profit grew by 18% to ₹513 crores in Q3 FY26. For the 9 months ended FY26, Profit After Tax (PAT) stood at ₹967 crores, a 16% increase year-on-year. The bank's ROA was 1.53% for Q3 FY26, exceeding its target of 1.5% plus. Management expressed confidence in maintaining high-teen growth for FY26, exceeding industry levels, with a continued focus on MSME, gold loans, and secured retail. Deposit growth is expected to align with credit growth, emphasizing granular retail deposits and CASA. The bank anticipates a stable NIM for Q4 FY26 with a positive bias. Dr. N. Kamakodi, MD & CEO, noted that his 15-year tenure concludes on April 30, and the board has submitted a list of candidates to the RBI for the next CEO. He also highlighted a significant milestone of the bank's net worth crossing ₹10,000 crores.
