After the private sector, City Union Bank is witnessing a great rise. After the release of the results of the July-September quarter, today i.e. on 22 October (Tuesday), this stock saw an upper circuit of 10%. As soon as the upper circuit opened, the stock again saw a rise and it was seen trading with a gain of about 14.5%. This rise in the stock is being seen only after the strong results of the company. During the last 1 year, this stock has seen a rise of more than 32%.

After the results, global brokerage firm Macquarie has set a target price of ₹ 185 per share on this stock with a rating of Outperfrom. As per Monday's closing price (₹ 150.63 per share), the stock is expected to rise by 22%.

During the second quarter of the financial year 2025 i.e. July-September, the bank's profit has been as per estimates and the stock is now seeing growth momentum. Despite the high credit cost, the return on assets (RoA) is expected to be 1.5-1.6%. Macquarie also said that the bank's risk reward looks better. Investec has also set a target price of ₹ 200 per share on this stock with a Buy rating, which is about 32% higher than Monday's closing price. This brokerage firm says that the bank's results in the second quarter are better than expected. During July-September, it has done better on the front of growth, profit and asset quality. On all three metrics, the bank has shown a trend of improvement as compared to the first quarter. On the asset quality front, this bank looks reasonable. How have the bank's results been? Let us tell you that in the second quarter, the net profit of City Union Bank has reached ₹ 285 crores. It has seen a growth of 1.6% as compared to the same quarter of the previous financial year. Interest income i.e. NII has also increased from ₹ 538.4 crores to ₹ 582.5 crores on a year-on-year basis. It has seen a growth of 8.2% on an annual basis. The bank's NII in the first quarter of the current financial year was ₹ 546 crores. In this way, City Union Bank's NII has also increased by 4.5% as compared to the previous quarter. There has been an improvement in the lending activity of the bank and the interest margin is also stable.