In India, City Union Bank is a well-known private sector bank that has been offering its clients banking services for more than 115 years. The bank has grown to have a significant presence in southern India throughout time, and by providing its clients with cutting-edge goods and services, it has been able to maintain its growing momentum.
Predicting the share price of a firm in the future is a difficult challenge when investing in the stock market. However, according to recent reports and analysis by industry experts, the share price of City Union Bank has increased over the past few years, and this trend is anticipated to continue in the years to come.
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CUB IN RECENT NEWS
- City Union Bank has announced an increase in its fixed deposit rates, offering a return of up to 7.50% on a 400-day tenure starting from today.
CUB SHARE PRICE TARGET 2023
| CUB SHARE PRICE TARGET 2023 | Maximum Price | Minimum Price |
| April 2023 | ₹141.65 | ₹108.96 |
| May 2023 | ₹118.04 | ₹90.80 |
| June 2023 | ₹141.65 | ₹108.96 |
| July 2023 | ₹169.98 | ₹130.75 |
| August 2023 | ₹186.98 | ₹143.83 |
| September 2023 | ₹196.33 | ₹151.02 |
| October 2023 | ₹186.98 | ₹143.83 |
| November 2023 | ₹205.68 | ₹158.21 |
| December 2023 | ₹230.36 | ₹177.20 |
In April 2023, the maximum share price target is ₹141.65, while the minimum target is ₹108.96. May 2023 is expected to be a bearish month with a maximum target price of ₹118.04 and a minimum target price of ₹90.80.
However, in June, the share price is projected to recover with a maximum target price of ₹141.65 and a minimum target price of ₹108.96. The share price target for July is higher than the previous months, with a maximum target price of ₹169.98 and a minimum target price of ₹130.75. The upward trend in August is expected to continue, with a maximum target price of ₹186.98 and a minimum target price of ₹143.83.
In September, the share price is expected to rise further, with a maximum target price of ₹196.33 and a minimum target price of ₹151.02. The share price is projected to dip slightly in October, with a maximum target price of ₹186.98 and a minimum target price of ₹143.83.
However, in November, the share price is expected to rebound, with a maximum target price of ₹205.68 and a minimum target price of ₹158.21.
CUB SHARE PRICE TARGET 2024
| CUB SHARE PRICE TARGET 2024 | Maximum Price | Minimum Price |
| January 2024 | ₹242.48 | 1037.03 |
| February 2024 | ₹272.45 | ₹227.04 |
| March 2024 | ₹286.79 | ₹233.16 |
| April 2024 | ₹260.72 | ₹200.55 |
| May 2024 | ₹217.27 | ₹167.13 |
| June 2024 | ₹260.72 | ₹200.55 |
| July 2024 | ₹221.61 | ₹171.79 |
| August 2024 | ₹243.77 | ₹193.47 |
| September 2024 | ₹255.96 | ₹196.89 |
| October 2024 | ₹301.13 | ₹231.64 |
| November 2024 | ₹316.19 | ₹243.22 |
| December 2024 | ₹322.51 | ₹248.08 |
In January, the share price is projected to reach a maximum target of ₹242.48 and a minimum target of ₹1037.03. This steep rise is expected to be followed by a slight dip in February, with a maximum target price of ₹272.45 and a minimum target price of ₹227.04.
However, the share price is expected to recover in March, with a maximum target price of ₹286.79 and a minimum target price of ₹233.16. In April, the share price is projected to dip again, with a maximum target price of ₹260.72 and a minimum target price of ₹200.55. May is expected to be a bearish month for the bank’s share price, with a maximum target price of ₹217.27 and a minimum target price of ₹167.13.
However, the share price is expected to recover in June, with a maximum target price of ₹260.72 and a minimum target price of ₹200.55. The share price is projected to remain stable in July, with a maximum target price of ₹221.61 and a minimum target price of ₹171.79.
In August and September, the share price is expected to rise further, with maximum target prices of ₹243.77 and ₹255.96, respectively, and minimum target prices of ₹193.47 and ₹196.89, respectively. The bank’s share price is expected to reach a new high in October, with a maximum target price of ₹301.13 and a minimum target price of ₹231.64.
In November, the share price is projected to continue its upward trend, with a maximum target price of ₹316.19 and a minimum target price of ₹243.22. Finally, in December, the share price is expected to reach a maximum target price of ₹322.51 and a minimum target price of ₹248.08.
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CUB SHARE PRICE TARGET 2025
| CUB SHARE PRICE TARGET 2025 | Maximum Price | Minimum Price |
| January 2025 | ₹328.96 | ₹253.05 |
| February 2025 | ₹346.27 | ₹266.36 |
| March 2025 | ₹363.59 | ₹279.68 |
| April 2025 | ₹324.63 | ₹249.72 |
| May 2025 | ₹295.12 | ₹227.02 |
| June 2025 | ₹324.63 | ₹249.72 |
| July 2025 | ₹309.17 | ₹237.83 |
| August 2025 | ₹322.06 | ₹247.73 |
| September 2025 | ₹338.16 | ₹260.12 |
| October 2025 | ₹358.45 | ₹275.73 |
| November 2025 | ₹383.54 | ₹295.03 |
| December 2025 | ₹391.21 | ₹300.93 |
The year begins with a maximum target price of ₹328.96 and a minimum target price of ₹253.05 in January. In February, the share price is expected to rise further with a maximum target price of ₹346.27 and a minimum target price of ₹266.36. The upward trend is expected to continue in March with a maximum target price of ₹363.59 and a minimum target price of ₹279.68.
The share price target for April is ₹324.63 at a minimum and ₹249.72 at a maximum. The maximum and minimum target prices for May are ₹295.12 and ₹227.02, respectively. In June, the share price is projected to increase from the previous month, with a maximum target price of ₹324.63 and a minimum target price of ₹249.72. The maximum and minimum target prices for July are ₹309.17 and ₹237.83, respectively.
August is expected to see a rise in the share price, with a maximum target price of ₹322.06 and a minimum target price of ₹247.73. In September, the maximum target price is expected to be ₹338.16, while the minimum target price is ₹260.12. The share price is projected to rise further in October with a maximum target price of ₹358.45 and a minimum target price of ₹275.73.
In November, the share price is expected to continue its upward trend, with a maximum target price of ₹383.54 and a minimum target price of ₹295.03. The year is projected to end with a maximum target price of ₹391.21 and a minimum target price of ₹300.93 in December.
CUB SHARE PRICE TARGET 2026 TO 2030
| CUB SHARE PRICE TARGET BY | Maximum Price | Minimum Price |
| 2026 | ₹273.85 | ₹191.69 |
| 2027 | ₹232.77 | ₹162.94 |
| 2028 | ₹418.99 | ₹293.29 |
| 2029 | ₹860.66 | ₹602.46 |
| 2030 | ₹958.46 | ₹670.92 |
City Union Bank’s share price is expected to fluctuate in the coming years. In 2026, the share price is projected to have a maximum target price of ₹273.85 and a minimum target price of ₹191.69. The following year, 2027, the share price is expected to dip further, with a maximum target price of ₹232.77 and a minimum target price of ₹162.94.
However, in 2028, the share price is projected to see a significant increase, with a maximum target price of ₹418.99 and a minimum target price of ₹293.29. This upward trend is expected to continue in 2029, with a maximum target price of ₹860.66 and a minimum target price of ₹602.46. In 2030, the share price is projected to have a maximum target price of ₹958.46 and a minimum target price of ₹670.92.
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FINANCIAL STRENGTH OF CITY UNION BANK (2018 TO 2022)
| ANNUAL | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
| Total Income | 4,863.86 | 4,839.45 | 4,848.55 | 4,281.56 | 3,934.52 |
| Total Income Growth (%) | 0.50 | -0.19 | 13.24 | 8.82 | 7.57 |
| Provisions & Contingencies | 835.15 | 891.02 | 865.08 | 557.14 | 615.75 |
| Provisions & Contingencies Growth (%) | -6.27 | 3.00 | 55.27 | -9.52 | 25.42 |
| Profit after Tax (PAT) | 760.17 | 592.82 | 476.32 | 682.85 | 592.00 |
| PAT Growth (%) | 28.23 | 24.46 | -30.25 | 15.35 | 17.75 |
| Net Interest Margin (%) | 3.11 | 3.43 | 3.36 | 3.56 | 3.58 |
| Net Profit Margin (%) | 18.51 | 14.33 | 11.42 | 18.12 | 17.39 |
| Basic EPS (₹) | 10.29 | 8.03 | 6.48 | 9.57 | 9.18 |
City Union Bank (CUB) has shown steady growth over the past five years. The bank’s total income for the financial year (FY) 2022 was ₹4,863.86 crore, a marginal increase of 0.50% compared to the previous year. However, over the past five years, the bank’s total income has grown at a compound annual growth rate (CAGR) of 9.87%.
CUB’s provisions and contingencies have decreased by 6.27% in FY 2022 as compared to the previous year. The bank’s profit after tax (PAT) for FY 2022 stood at ₹760.17 crore, which is a significant growth of 28.23% as compared to the previous year. The bank’s PAT has grown at a CAGR of 8.26% over the past five years.
The net interest margin (NIM) for FY 2022 stood at 3.11%, which is lower than the previous year’s NIM of 3.43%. However, the net profit margin (NPM) for FY 2022 was 18.51%, a significant increase compared to the previous year’s NPM of 14.33%.
The basic earnings per share (EPS) for FY 2022 was ₹10.29, which is an increase of 28.23% as compared to the previous year’s EPS of ₹8.03. Overall, CUB has been able to maintain steady growth in its revenue and PAT, with a consistent increase in profit margins over the past five years.
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FAQ’s
What is the interest rate offered by City Union Bank on its fixed deposits?
The interest rate offered by City Union Bank on its fixed deposits varies depending on the deposit amount and tenure. You can check the latest interest rates on the bank’s website or by visiting a branch.
Does City Union Bank offer home loans?
Yes, City Union Bank offers home loans at competitive interest rates. You can check your eligibility and apply for a home loan online or by visiting a branch.
CONCLUSION: CITY UNION BANK SHARE PRICE TARGET
According to City Union Bank’s financial statements over the previous five years, the bank has consistently increased its total income, PAT, and revenue. PAT growth for the bank has been excellent, rising by a sizable 28.23% in FY 2022. Additionally, the net profit margin has steadily increased over time, a sign of the bank’s effective management of its business operations. The bank’s provisions and contingencies, however, have changed over time, suggesting that it should continue to be cautious when managing credit risk.
City Union Bank shares may be a solid buy for investors with a long-term investment horizon given the bank’s increase in income, PAT, and revenue as well as its effective management of operations.
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