Earnings | City Union Bank Limited (NSE: CUB): Q4FY23 Results Out; Total Income rises 13% YoY.

City Union Bank Limited is a banking company that operates in various sectors. These segments include Treasury, Corporate and Wholesale Banking, Retail Banking, and Other Banking Operations. The bank offers a range of financial services to its customers. The Treasury segment focuses on managing the bank’s investments and dealing in foreign exchange. The Corporate and Wholesale Banking segment caters to the financial needs of corporate clients and institutions. The Retail Banking segment serves individual customers by providing services such as deposits, loans, and other retail banking products. The bank’s Other Banking Operations encompass various auxiliary services and activities.

• City Union Bank Limited Reported Total Income for Q4 FY23 of ₹1,423 Crore up from ₹1,253 Crore year on year, a growth of 13%.
• Total Expenses for Q4 FY23 of ₹1,006 Crore up from ₹813 Crore year on year, a growth of 24%.
• Consolidated Net Profit of ₹218 Crore, up 4% from ₹209 Crore in the same quarter of the previous year. 
• The Earnings per Share is ₹2.95, up 4% from ₹2.83 in the same quarter of the previous year.