Bank of India (BANKINDIA) Q2 25/26 earnings summary

Executive summary

• Global business grew 11.83% YoY to INR 15,62,446 crore, with advances up 14.03% and deposits up 10.08%.

• Net profit for Q2 FY26 rose 14.04% YoY to INR 2,555 crore; half-year net profit up 18% YoY to INR 4,800 crore.

• Asset quality improved with gross NPA ratio down to 2.54% and net NPA at 0.65%.

• Digital transformation, inclusion, and ESG initiatives recognized with multiple awards and new product launches.

• Board approved unaudited standalone and consolidated financial results for Q2 and H1 FY26, with unmodified auditor opinions.

Financial highlights

• Global deposits increased to INR 8.53 trillion; domestic deposits up to INR 7.3 trillion.

• Operating profit for Q2 FY26 was INR 3,821 crore; net interest income for Q2 FY26 was INR 5,912 crore.

• Non-interest income for H1 FY26 increased 15% YoY to INR 4,386 crore.

• Provision coverage ratio at 93.39% as of September 2025.

• Capital adequacy ratio (Basel III) at 16.69%, CET 1 at 13.89%.

Outlook and guidance

• Guidance for global advances growth at 12–13% and global deposit growth at 10–11% for FY26.

• NIM expected to improve from Q4 FY26 as term deposit repricing completes; guidance at 2.5–2.6%.

• ROA guidance for FY26 at 0.90%, with a conservative approach.

• Annualized credit cost expected at 0.60% for FY26.

• Approval for capital plan of INR 5,000 crore and infrastructure bond approval of INR 20,000 crore for FY26.