City Union Bank gains on reporting 9.87% rise in total deposits during Q4FY23
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City Union Bank is currently trading at Rs. 125.75, up by 0.80 points or 0.64% from its previous closing of Rs. 124.95 on the BSE.
The scrip opened at Rs. 124.70 and has touched a high and low of Rs. 126.00 and Rs. 124.35 respectively. So far 13876 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 204.95 on 15-Dec-2022 and a 52 week low of Rs. 117.60 on 12-May-2022.
Last one week high and low of the scrip stood at Rs. 128.60 and Rs. 122.15 respectively. The current market cap of the company is Rs. 9273.72 crore.
The Institutions holding in the Bank stood at 61.49%, while Non-Institutions held 38.52% in the Bank.
City Union Bank’s total deposits grew 9.87% to Rs 52,399 crore (Provisional) as of March 31, 2023 (Q4FY23), as compared to Rs 47,690 crore on a yearly basis. Gross Advances stood at Rs 43,948 crore (Provisional) as of March 31, 2023, posting a 6.78% rise in year-on-year (YoY) terms against Rs 41,156 crore as of March 31, 2022.
The CASA was up 0.83% to Rs 15,658 crore as of March 31, 2023 (Provisional) against Rs 15,529 crore YoY.
Total Business stood at Rs 96,347 crore (provisional) as of March 31, 2023, posting a 8.44% rise in year-on-year against Rs 88,846 crore as of March 31, 2022.
City Union Bank offers a suite of products across deposits, loans, investment solutions, payments and cards.
