Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Stock Report

| More

City Union Bank Ltd - 2nd Quarter Performance Results, Financial year 2019-20

Posted On: 2019-11-07 16:44:52


City Union Bank Limited announced its performance results for the 2nd Quarter of Financial Year 2019-20 today at Chennai. Earlier, during the day, the Board of Directors of City Union Bank approved the working results.

Highlights of Performance in Q2: FY 2019-20

- Net Interest Income moved up by 3% to Rs. 411.55 Crore from Rs. 398.02 Crore
- Net profit increased by 15% to Rs. 193.54 Crore from Rs. 167.99 Crore
- Advances grew by 12% to Rs. 33279 Crore from Rs. 29785 Crore
- Deposits increased by 17% to Rs. 40451 Crore from Rs. 34534 Crore
- Total Business grew by 15% to Rs. 73730 Crore from Rs. 64319 Crore
- CASA deposits grew by 22% as on September 2019, which is 25% of total deposits

Capital Adequacy

The Bank's capital adequacy as on 30th September, 2019 as per Reserve Bank of India (RBI) guidelines on Basel III norms was 15.49%, well above regulatory requirements.

Asset Quality

Gross & Net NPA level stood at 3.41% & 1.90% respectively as on 30th September, 2019. The Provision Coverage Ratio as on 30th September, 2019 stood at 65%.

Other Performance Highlights and Ratios (Q2 FY 2020)

- Annualized Return on Assets of 1.62% and Return on Equity 15.18%
- Net Interest Margin at 3.91%
- Basic EPS (not annualized) - Rs. 2.63
- Diluted EPS (not annualized) - Rs. 2.60

Functional Performance of the Bank

- Operates 650 branches.
- 1724 ATMs including 734 Cash Recyclers.

Shares of CITY UNION BANK LTD. was last trading in BSE at Rs.211.8 as compared to the previous close of Rs. 205.7. The total number of shares traded during the day was 27644 in over 837 trades.

The stock hit an intraday high of Rs. 212.4 and intraday low of 208.5. The net turnover during the day was Rs. 5828874.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Dishman Carbogen Amcis Ltd board to announce Q4, FY20 results on June 3, 2020

Raymond Ltd approves issue of NCDs aggregating Rs. 80 crore

Exide Industries Ltd board to consider Q4, FY20 results on June 5, 2020

Cosmo Films Ltd board to approve Q4, FY20 results on June 4, 2020

Hindustan Oil Exploration Company Ltd Q4 consolidated PAT falls to Rs. 11.58 crore

Multi Commodity Exchange of India Ltd Board approves dividend of Rs. 30

The Great Eastern Shipping Company Ltd reports loss of Rs. 50.68 crore in Q4 FY20

CreditAccess Grameen Ltd Q4 FY20 consolidated PAT slips to Rs. 28.84 crore

Amber Enterprises India Ltd Q4 consolidated PAT at Rs. 62.84 crore

Mercury Laboratories Ltd Q4 loss at Rs. 0.35 crore

Moody's downgrades India Infoline Finance Limited to B1 from Ba3, ratings remain under review for downgrade

Mercury Laboratories Ltd Board recommends Dividend of Rs. 2 for FY20

MCX Q4 consolidated net profit up at Rs. 65.50 crore

Lemon Tree Hotels Ltd board approves fund raising proposal

Amara Raja Batteries Ltd reports Q4 FY20 consolidated net profit of Rs. 137.30 crore

Seshasayee Paper and Boards Ltd board recommends dividend of Rs. 4

IDBI Bank Back in Black, registers Net Profit of Rs. 135 crore in Q4 FY 2020 after 13 Quarters

Polycab India Ltd reports Rs. 213.93 crore consolidated PAT in Q4 FY20

KEI Industries Ltd posts consolidated PAT of Rs. 62.03 crore in Q4 FY20

Seshasayee Paper and Boards Ltd Q4 FY20 consolidated PAT at Rs. 48.01 crore

The Great Eastern Shipping Company Ltd board declares interim dividend of Rs. 2.70

Kotak Mahindra Bank allots 6.5 crore shares at Rs. 1145 per share

Affle India Ltd Q4 consolidated PAT up YoY at Rs. 15.28 crore

Advanced Enzyme Technologies Ltd board recommends dividend of Rs. 0.60

RCF's Q4 2019-20 profit after tax rises over 190 % over Q4 2018-19

Eris Lifesciences Ltd board to consider Q4, FY20 results on June 2, 2020

Advanced Enzyme Technologies Ltd Q4 consolidated PAT at Rs. 31.33 crore

Kaveri Seed Company Ltd Q4 FY20 consolidated net profit at Rs. 7.57 crore

Kanpur Plastipack Ltd Board recommends final dividend of Rs. 0.60 for FY20

Techno Electric & Engineering Company Ltd to sell its stake in JKTPL

NLC India Limited raises Rs. 500 crore through Commercial Paper

Kanpur Plastipack Ltd Q4 PAT at Rs. 0.47 crore

CRISIL updates on rating of Jubilant Life Sciences Limited

KRBL Limited board to announce Q4, FY20 results on June 9, 2020

Sagar Cements Ltd reports Rs. 1.29 crore consolidated PAT in Q4 FY20

Procter & Gamble Health Ltd posts Rs. 46.46 crore PAT during the quarter ended March 31, 2020

Customer Service a Priority: Maruti Suzuki announces extension of free service and warranty

Suven Life Sciences Ltd board to consider Q4, FY20 results on June 5, 2020

Everest Industries Ltd Board recommends dividend of Rs. 1 for FY20

ESAF Small Finance Bank Profit Soars 110%

Lemon Tree Hotels Ltd Q4 FY20 loss at Rs. 17.91 crore

IndiGo announces the appointment of Dr. Venkataramani Sumantran as an Independent Director

Sundaram Finance FY20 Net Profit at Rs. 724 crores, revenues up 16% at Rs. 3842 crores

KPTL announces execution of share purchase agreement for divestment of stake in Jhajjar KT Transco Transmission Asset

YES Bank acquires 24.19% in Dish TV India Ltd through invocation of pledged shares

V-Mart reports 16% revenue growth and 61% increase in EBITDA y-o-y in FY20

India Ratings Maintains Union Bank of India on RWE

CRISIL assigns 'CRISIL AAA/Stable' Rating on Rs. 500 crores NonConvertible Debenture (NCD) Programme of M&M

SCI Q4 consolidated PAT at Rs. 111.05 crore

IndiGrid announces execution of share purchase agreement for acquisition of Jhajjar KT Transco Private Limited







Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2019