Bank of India (BANKINDIA) Q3 25/26 earnings summary

Executive summary

• Achieved robust YoY growth in global business (12.54%), advances (13.63%), and deposits (11.64%) for Q3 FY26, with strong performance in domestic and RAM (retail, agriculture, MSME) segments.

• Net profit for Q3 FY26 rose 7% YoY to ₹2,705 crore (₹2,70,467 lakh), with 9M net profit up 14% to ₹7,511 crore.

• Operating profit increased 13% YoY to ₹4,193 crore (₹4,19,279 lakh), with non-interest income up 30% YoY.

• Asset quality improved: GNPA ratio down to 2.26%, NNPA at 0.60%, and PCR at 93.60%.

• Launched new digital and product initiatives, including real-time cheque clearing, gig worker loans, and new credit card variants.

Financial highlights

• Global business reached INR 16.27 lakh crores, advances at INR 7.40 lakh crores, and deposits at INR 8.87 lakh crores as of December 2025.

• Net interest income for Q3 FY26 was ₹6,461 crore, up 6% YoY; non-interest income for Q3 FY26 was ₹2,279 crore, up 30% YoY.

• CASA ratio at 37.97% with INR 2.90 lakh crores, though CASA share declined YoY.

• Cost-to-income ratio for Q3 FY26 improved to 52.02%; return on assets at 0.96%; return on equity at 15.34%.

• CRAR improved to 17.09% from 16% YoY.

Outlook and guidance

• Guidance for FY26: global advances growth of 13%-14%, global deposit growth of 11%-12%.

• Focus on mobilizing low-cost deposits, growing high-yielding advances, and maintaining NIMs.

• Confident of exceeding current growth guidance due to strong credit pipeline, especially in corporate and RAM segments.

• NIM expected to be around 2.50% for FY26, with Q4 target at 2.60%.

• Capital adequacy ratio improved to 17.09% as of 31.12.25, with plans to raise additional Tier I bonds.