• Record quarterly profit: City Union Bank posted a 25% year-on-year increase in profit to ₹360 crore, marking the highest quarterly profit in its 122-year history alongside total business growth of 24% to 25%.
• Asset quality improvement: Gross NPA fell to 1.9% (slipping below 2% for the first time since FY16) and Net NPA went below 1%, while total SMA levels touched a lifetime low of around 2.5% due to recoveries consistently exceeding slippages.
• Credit growth guidance: FY26 deposits grew 23% (₹14,783 crore) while advances expanded 26% (₹13,653 crore), with management aiming to sustain advances growth at 2% to 3% above industry levels supported by an expanded network of 1,000 branches.
• Leadership succession: Managing Director and CEO Dr. N. Kamakodi is stepping down on April 30, concluding a 15-year tenure at the bank's helm.