City Union Bank Ltd
Fortune 500 2024
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OVERVIEW
FINANCIALS
NEWS
About
City Union Bank, founded in 1904, is one of India's oldest private sector banks. Headquartered in Kumbakonam, Tamil Nadu, it primarily serves the MSME sector, retail traders, and agriculturalists. The bank offers a range of financial products, including personal banking, corporate banking, and insurance services. Known for its strong regional presence, City Union Bank has been focusing on digital transformation to enhance customer experience and operational efficiency. Its resilience and adaptability have made it a trusted banking partner in South India.
Incorporation Year: 1904
Headquarters: Kumbakonam, India
Top Management: N. Kamakodi (MD & CEO)
Industry: BFSI
Website: cityunionbank.com
Featured In Fortune India Ranking
Fortune 500 India
#366(2024)
#367(2023)
#335(2022)
#276(2021)
#262(2020)
#300(2019)
#304(2018)
#303(2017)
#311(2016)
#322(2015)
#337(2014)
#361(2013)
#432(2012)
#485(2011)
#478(2010)
#366(2024)#367(2023)#335(2022)#276(2021)#262(2020)#300(2019)#304(2018)#303(2017)#311(2016)#322(2015)#337(2014)#361(2013)#432(2012)#485(2011)#478(2010)
Ranking Trend Fortune 500 India
Financial Data 2024
Revenue
6,012
(INR Cr)
Net Operating Income
5,271
(INR Cr)
Assets
70,826
(INR Cr)
Profit
1,016
(INR Cr)
Net Worth
8,401
(INR Cr)
Fortune India Coverage
Financial Data
RevenueNet Operating IncomeProfitAssetsNet Worth
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 6012 8.8% | 5525 13.6% | 4864 0.8% | 4823 -0.5% | 4849 13.2% | 4282 8.8% | 3935 7.6% | 3658 9.1% | 3354 7.7% | 3114 10.2% | 2826 14.8% | 2462 29.3% | 1904 38.4% | 1376 25.1% | 1100 18.5% | 928 - |
| Net Operating Income (INR Cr) | 5271 11.80% | 4714 14.85% | 4105 -0.72% | 4135 -0.81% | 4169 10.66% | 3767 10.72% | 3402 7.20% | 3174 7.80% | 2944 9.09% | 2699 6.01% | 2546 16.32% | 2189 29.00% | 1697 39.26% | 1218 27.37% | 957 18.92% | 804 - |
| Profit (INR Cr) | 1016 8.4% | 937 23.3% | 760 28.2% | 593 24.5% | 476 -30.3% | 683 15.4% | 592 17.8% | 503 13.1% | 445 12.6% | 395 13.8% | 347 7.8% | 322 14.9% | 280 30.3% | 215 40.8% | 153 25.1% | 122 - |
| Assets (INR Cr) | 70826 6.4% | 66595 8.2% | 61531 15.4% | 53312 7.2% | 49734 9.9% | 45259 13.3% | 39937 13.2% | 35271 10.9% | 31804 14.1% | 27871 11.5% | 24994 8.8% | 22977 25.2% | 18351 25.8% | 14592 26.2% | 11559 25.0% | 9251 - |
| Net Worth (INR Cr) | 8401 12.7% | 7457 13.2% | 6586 12.7% | 5842 10.3% | 5296 9.4% | 4841 16.3% | 4163 16.6% | 3570 17.0% | 3052 13.2% | 2696 33.1% | 2025 23.4% | 1641 32.0% | 1243 23.5% | 1007 21.9% | 826 24.9% | 661 16.6% |
| Employee Cost (INR Cr) | 614 15.7% | 530 5.3% | 504 8.6% | 464 10.2% | 421 15.4% | 364 15.4% | 316 6.0% | 298 39.9% | 213 1.4% | 210 13.3% | 186 23.0% | 151 23.4% | 122 20.4% | 102 26.8% | 80 23.3% | 65 - |
| Interest Cost (INR Cr) | 3147 | 2552 | 2188 | 2305 | 2493 | 2156 | 1972 | 1975 | 1963 | 1891 | 1787 | 1565 | 1197 | 798 | 678 | 562 |
| Cash & Bank Balance (INR Cr) | 6944 | 6649 | 6687 | 5615 | 4722 | 2963 | 2636 | 2879 | 2650 | 2537 | 2180 | 1770 | 1136 | 1286 | 1100 | 885 |
| Total Debt (INR Cr) | 60381 | 57086 | 53001 | 45883 | 42865 | 38929 | 34589 | 30647 | 27823 | 24244 | 22322 | 20782 | 16689 | 13100 | 10325 | 8247 |
Key Financial Ratios
Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 16.9% | 17.0% | 15.6% | 12.3% | 9.8% | 16.0% | 15.1% | 13.8% | 13.3% | 12.7% | 12.3% | 13.1% | 14.7% | 15.6% | 13.9% | 13.2% |
| Profit As % Of Assets | 1.4% | 1.4% | 1.2% | 1.1% | 1.0% | 1.5% | 1.5% | 1.4% | 1.4% | 1.4% | 1.4% | 1.4% | 1.5% | 1.5% | 1.3% | 1.3% |
| Profit As % Of Networth | 12.1% | 12.6% | 11.5% | 10.2% | 9.0% | 14.1% | 14.2% | 14.1% | 14.6% | 14.7% | 17.1% | 19.6% | 22.5% | 21.4% | 18.5% | 18.5% |
| Interest Cost to EBITDA % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| RONW | 12.8% | 13.4% | 12.2% | 10.6% | 9.4% | 15.2% | 15.3% | 15.2% | 15.5% | 16.7% | 18.9% | 22.3% | 24.9% | 23.5% | 20.6% | 19.9% |
| ROCE | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |