A prominent private sector bank in India, City Union Bank has a significant presence in the south of the nation. The bank has amassed a devoted customer base over the years and has consistently produced strong financial results. The share price of the bank, which indicates how the market views its prospects for the future, is one important metric of its performance. The share price of City Union Bank, its past performance, and what the future may hold for investors thinking about buying the bank’s shares are all topics we will cover in this article.
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Contents
CITY UNION BANK IN RECENT NEWS
- City Union Bank Ltd has increased by 1.84%, marking its fifth consecutive session of growth.
- Following its Q3 results, City Union Bank shares have plunged by 17%.
- Learn how to open a fixed deposit online with City Union Bank through the CUB mBank Plus platform.
CITY UNION BANK SHARE PRICE TARGET 2023
| CITY UNION BANK SHARE PRICE TARGET 2023 | Maximum Price | Minimum Price |
| February 2023 | ₹141.10 | ₹108.54 |
| March 2023 | ₹105.83 | ₹81.40 |
| April 2023 | ₹116.41 | ₹89.54 |
| May 2023 | ₹97.01 | ₹74.62 |
| June 2023 | ₹116.41 | ₹89.54 |
| July 2023 | ₹139.69 | ₹107.45 |
| August 2023 | ₹153.66 | ₹118.20 |
| September 2023 | ₹161.34 | ₹124.11 |
| October 2023 | ₹153.66 | ₹118.20 |
| November 2023 | ₹169.02 | ₹130.02 |
| December 2023 | ₹189.31 | ₹145.62 |
City Union Bank’s share price is expected to show a bullish trend with an uptrend in the upcoming months. The bank’s shares are expected to experience a growth percentage of up to 75% by the end of December 2023. Although there may be some fluctuations throughout the year, the overall trajectory is expected to be positive.
Investors who are considering investing in City Union Bank shares may want to take note of this trend and consider the potential for long-term gains. However, it is important to note that the stock market can be unpredictable, and any investment decision should be based on thorough research and analysis of the bank’s financial performance, market trends, and other relevant factors.
CITY UNION BANK SHARE PRICE TARGET 2024
| CITY UNION BANK SHARE PRICE TARGET 2024 | Maximum Price | Minimum Price |
| January 2024 | ₹199.27 | 1037.03 |
| February 2024 | ₹223.90 | ₹186.58 |
| March 2024 | ₹235.68 | ₹191.61 |
| April 2024 | ₹214.26 | ₹164.81 |
| May 2024 | ₹178.55 | ₹137.34 |
| June 2024 | ₹214.26 | ₹164.81 |
| July 2024 | ₹182.12 | ₹141.18 |
| August 2024 | ₹200.33 | ₹158.99 |
| September 2024 | ₹210.35 | ₹161.81 |
| October 2024 | ₹247.47 | ₹190.36 |
| November 2024 | ₹259.84 | ₹199.88 |
| December 2024 | ₹265.04 | ₹203.87 |
According to the table above, City Union Bank’s shares are expected to continue their positive trend in 2024. The bank’s shares are predicted to reach a maximum target of ₹265.04 and a minimum target of ₹1037.03. It is worth noting that the share price is likely to experience some fluctuations throughout the year, as is typical in the stock market.
However, the overall trend is expected to be positive, providing investors with the potential for long-term gains. Investors considering investing in City Union Bank shares in 2024 should conduct their own research to gain a comprehensive understanding of the bank’s financial performance and market trends to make informed investment decisions.
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CITY UNION BANK SHARE PRICE TARGET 2025
| CITY UNION BANK SHARE PRICE TARGET 2025 | Maximum Price | Minimum Price |
| January 2025 | ₹270.34 | ₹207.95 |
| February 2025 | ₹284.57 | ₹218.90 |
| March 2025 | ₹298.79 | ₹229.84 |
| April 2025 | ₹266.78 | ₹205.22 |
| May 2025 | ₹242.53 | ₹186.56 |
| June 2025 | ₹266.78 | ₹205.22 |
| July 2025 | ₹254.08 | ₹195.44 |
| August 2025 | ₹264.66 | ₹203.59 |
| September 2025 | ₹277.90 | ₹213.77 |
| October 2025 | ₹294.57 | ₹226.59 |
| November 2025 | ₹315.19 | ₹242.45 |
| December 2025 | ₹321.49 | ₹247.30 |
Union Bank’s shares are expected to continue their positive trend in 2025. The bank’s shares are predicted to reach a maximum target of ₹321.49 and a minimum target of ₹186.56. While there may be some fluctuations in the share price throughout the year, the overall trend is expected to be positive. Investors who are considering investing in City Union Bank shares may want to take note of this trend and consider the potential for long-term gains.
However, it is essential to conduct thorough research and analysis of the bank’s financial performance, market trends, and other relevant factors before making any investment decision. By doing so, investors can make informed decisions that align with their investment goals and risk tolerance.
CITY UNION BANK SHARE PRICE TARGET 2026 TO 2030
| CITY UNION BANK SHARE PRICE TARGET BY | Maximum Price | Minimum Price |
| 2026 | ₹225.05 | ₹157.53 |
| 2027 | ₹191.29 | ₹133.90 |
| 2028 | ₹344.32 | ₹241.02 |
| 2029 | ₹707.29 | ₹495.10 |
| 2030 | ₹787.66 | ₹551.36 |
Looking at the table above, City Union Bank’s shares are expected to continue their upward trend in the coming years. The bank’s shares are predicted to reach a maximum target of ₹787.66 in 2030, indicating a significant potential for gains over the next few years. Meanwhile, the minimum target of ₹133.90 in 2027 suggests that there may be some fluctuations in the share price, but the overall trend is expected to be positive.
Investors who are willing to take on higher risks may want to consider investing in City Union Bank shares with the potential for substantial gains in the long term. However, as with any investment, it is essential to conduct thorough research and analysis of the bank’s financial performance, market trends, and other relevant factors to make informed investment decisions. By doing so, investors can increase their chances of achieving their investment goals while managing their risk exposure.
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FINANCIAL STRENGTH OF UNION BANK SHARE PRICE TARGET (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 has shown steady growth in its revenue over the last five years, with a total income of ₹4,863.86 crores in FY 2022, an increase from ₹3,934.52 crores in FY 2018. The bank’s revenue growth has been consistent, with a gradual increase in each financial year, indicating the bank’s stable financial performance.
Although the bank has seen fluctuations in its provisions and contingencies, with a decrease of 6.27% in FY 2022, the bank has managed to maintain a healthy profit after tax (PAT) over the years. The bank’s PAT has grown by 28.23% in FY 2022, reaching ₹760.17 crores from ₹592.82 crores in FY 2021.
The net interest margin (NIM) has seen some fluctuations but has remained stable, at 3.11% in FY 2022, while the net profit margin (NPM) has shown an upward trend. The basic earnings per share (EPS) have also grown over the years, reaching ₹10.29 in FY 2022 from ₹6.48 in FY 2020. Overall, City Union Bank has shown consistent growth in its revenue and profit, indicating a positive trend in the bank’s financial performance.
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FAQ’s
The maximum share price target of City Union Bank in 2027 is Rs. 191.29
The maximum share price target of City Union Bank in 2029 is Rs. 707.29
The maximum share price target of City Union Bank in 2030 is Rs. 787.66
CONCLUSION: CITY UNION BANK
Based on the financial statement of City Union Bank for the last five years, there has been a steady growth in its total income, with a positive growth rate of 0.50% in FY 2022. Similarly, the bank’s Profit After Tax (PAT) has been increasing over the years, with a growth rate of 28.23% in FY 2022. The bank has also maintained a healthy Net Interest Margin and Net Profit Margin. However, the bank’s Provisions & Contingencies have been fluctuating, with a negative growth rate of -6.27% in FY 2022.
Considering the overall financial performance of the bank, the increasing PAT and revenue growth indicate that the bank is performing well. However, it is important to note that investing in the stock market involves various risks and uncertainties, and past performance may not necessarily guarantee future returns. It is advisable to conduct thorough research, analyze the market trends, and consult with a financial advisor before making any investment decisions.
