City Union Bank Ltd (CUB)

Prabhudas Lilladher Expects City Union Bank's Q1 Net Profit to Rise YoY - 10 Jul, 2024

City Union Bank is expected to report a net profit of Rs. 245.4 crore, up 8% YoY in Q1 2024. However, Pre Provision Operating Profit (PPOP) is likely to fall by 19% YoY to Rs. 335.6 crore.

City Union Bank Stock Gains as SBI MF Acquires Stake - 04 Jul, 2024

Shares of City Union Bank are in focus after SBI Mutual Fund acquired an additional 0.12% stake. An Asit C Mehta report recommends buying the stock with a target price of Rs 205, citing expected double-digit growth and improved asset quality.

City Union Bank Share Price May Rise Towards Rs 200-210 - 29 Jun, 2024

Analysts predict that City Union Bank's share price may rise towards Rs 200-210 in a quarter or two but could fall back to Rs 120-110 if it fails to breach the resistance zone.

Analysts Recommend Buying City Union Bank Ltd Stock - 28 Jun, 2024

Analysts recommend buying City Union Bank Ltd stock at the current market price of Rs 167.15, with upside targets of Rs 183 and Rs 198 in the next 3-5 weeks. Place a stop loss of Rs 155.

City Union Bank Reports 18% EPS Growth and 11% Revenue Growth - 26 Jun, 2024

City Union Bank has reported an impressive 18% compound annual growth rate in EPS over the last three years. The company also saw a revenue growth of 11% to ₹26b, while EBIT margins remained stable. CEO pay is reasonable, and insiders are well-invested alongside other shareholders.

City Union Bank Hits 52-Week High, Experts Suggest Buying for Short-Term Target - 25 Jun, 2024

City Union Bank has rallied over 20% in the last three months to hit a fresh 52-week high. Experts suggest short-term traders buy the stock now with a target of Rs 200-205 in the next 3-4 weeks.

Mixed Recommendations for City Union Bank Stock - 21 Jun, 2024

City Union Bank receives mixed recommendations from analysts. Geojit Financial Services recommends accumulating the stock with a revised target price of Rs.185 while Emkay Global Financials suggest a REDUCE rating due to challenges in building retail book and lower specific PCR.

City Union Bank Implements Digital Initiatives for Instant Loans - 17 Jun, 2024

City Union Bank has implemented digital initiatives such as instant loans for MSME and retail secured. The private sector bank recently recruited executives to strengthen its capabilities in retail, analytics, credit, and operations. CUB aims to tap into its own customers, existing depositors, and new customers with a focus on salaried and self-employed individuals.

City Union Bank Ltd Up for Fifth Straight Session - 11 Jun, 2024

City Union Bank Ltd stock is up 1.14% on the day, trading at Rs 149.35 as of 12:44 IST on NSE. The bank has slipped around 0.53% in the last month but is up 20.01% in the last year. The PE ratio of the stock is 10.77 based on TTM earnings ending March 24.