CUB Share Price Target Tomorrow 2024 To 2030- Market Overview, Income Statement

City Union Bank Ltd is a well-known private sector bank in India, established in 1904. Headquartered in Kumbakonam, Tamil Nadu, it has a rich history of over a century in banking services. The bank offers a wide range of financial products, including savings accounts, loans, insurance, and investment services, catering to both individual and business customers. CUB Share Price on NSE as of 23 October 2024 is 167.99 INR. Here will provide you more details on CUB Share Price Target 2024, 2025, 2026 to 2030.

City Union Bank Ltd: Market Overview

• Open Price: ‎₹164.00
• High Price: ‎₹171.54
• Low Price: ‎₹163.85
• Previous Close: ‎₹168.51
• Volume: 20,197,643
• Value (Lacs): ‎₹33,760.36
• VWAP: ‎₹167.41
• UC Limit: ‎₹185.36
• LC Limit: ‎₹151.65
• P/E ratio: 11.86
• Div yield: 0.60%
• 52-wk high: ‎₹176.82
• 52-wk low: ‎₹125.40
• Mkt cap: ‎₹12.44KCr
• Face Value: ‎₹1

City Union Bank Ltd Competitors

Here are five competitor companies of City Union Bank Ltd along with their market capitalizations:

1. HDFC Bank Ltd
   • Market Capitalization: Approximately ₹8.61 trillion (as of October 2023)
2. ICICI Bank Ltd
   • Market Capitalization: Approximately ₹6.80 trillion (as of October 2023)
3. Axis Bank Ltd
   • Market Capitalization: Approximately ₹2.71 trillion (as of October 2023)
4. Kotak Mahindra Bank Ltd
   • Market Capitalization: Approximately ₹3.07 trillion (as of October 2023)

5. IndusInd Bank Ltd

   • Market Capitalization: Approximately ₹1.04 trillion (as of October 2023)

CUB Share Price Chart

CUB Share Price Target Tomorrow 2024 To 2030

CUB Share Price Target 2024

CUB share price target 2024 Expected target could be ₹197. Here are three key factors that may affect the growth of City Union Bank (CUB) and its share price target for 2024:

• Economic Environment: The overall economic conditions, including GDP growth, inflation rates, and employment levels, play a crucial role in determining the bank’s growth. A stable and growing economy can lead to increased lending and deposit growth, positively impacting the bank’s profitability and share price.
• Digital Transformation: As banking increasingly shifts towards digital platforms, City Union Bank’s investment in technology and digital banking services will be vital. Enhanced online services and mobile banking can attract more customers and improve operational efficiency, contributing to growth in revenue and market share.

• Regulatory Changes: Changes in banking regulations and policies can significantly impact CUB’s operations and profitability. Adapting to new regulatory requirements while maintaining compliance can influence the bank’s performance. Positive regulatory developments, such as favorable lending norms, could enhance growth prospects for the bank.

CUB Share Price Target 2025

CUB share price target 2025 Expected target could be ₹272. Here are three key factors that may affect the growth of City Union Bank (CUB) and its share price target for 2025:

• Loan Portfolio Diversification: CUB’s ability to diversify its loan portfolio across various sectors can significantly influence its growth. Expanding into sectors with high demand, such as retail, housing, and small and medium enterprises (SMEs), can lead to increased lending and, consequently, higher revenue, positively impacting the share price.
• Asset Quality Management: Maintaining and improving asset quality is crucial for CUB’s growth. Effective management of non-performing assets (NPAs) and ensuring low default rates can enhance the bank’s profitability. Strong asset quality reassures investors, leading to a positive perception of the bank’s stability and growth potential, which can support its share price.

• Customer Acquisition and Retention Strategies: CUB’s success in acquiring new customers and retaining existing ones will play a vital role in its growth. Implementing effective marketing strategies, improving customer service, and offering competitive products can attract more customers, increase deposits, and boost overall profitability, contributing to a favorable share price outlook.

CUB Share Price Target 2030

CUB share price target 2030 Expected target could be ₹527. Here are three key factors that may affect the growth of City Union Bank (CUB) and its share price target for 2030:

• Technological Advancements: Embracing digital banking technologies can significantly enhance CUB’s operational efficiency and customer experience. Investments in fintech solutions, mobile banking, and automated services can attract a tech-savvy customer base and streamline processes, leading to increased market share and improved profitability by 2030.
• Regulatory Environment: Changes in banking regulations and compliance requirements can impact CUB’s growth. Adapting to evolving regulations while ensuring risk management will be crucial. A favorable regulatory environment can provide opportunities for expansion and innovation, positively influencing the bank’s growth trajectory and share price.
• Economic Conditions: The overall economic environment in India, including GDP growth, inflation rates, and employment levels, will play a significant role in CUB’s growth. A robust economy can lead to higher demand for loans and financial services, while economic downturns may increase default rates. The bank’s ability to navigate economic fluctuations will be critical for achieving its growth targets by 2030.

City Union Bank Ltd Shareholding Pattern

• Promoter: 0%
• FII: 26%
• DII: 33.6%
• Public: 40.4%

FOR MORE DETAIL FOLLOW THE OFFICIAL WEBSITE: http://www.cityunionbank.com/

City Union Bank Ltd Financials

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