Central Bank of India (CENTRALBK) Q3 25/26 earnings summary

Executive summary

• Total business grew 15.77% year-over-year to INR 7.74 lakh crore, with deposits up 13.24% and gross advances up 19.48%.

• Net profit reached an all-time high, up 31.70% year-over-year to INR 1,263 crore for the quarter, with consolidated net profit at ₹126,429 lakh.

• Asset quality improved, with Gross NPA ratio declining to 2.70% and Net NPA to 0.45% as of December 2025.

• Management confirmed achievement of most market guidance metrics, except for NIM and cost-to-income ratio.

• Digital transactions and customer touchpoints expanded, with digital share of transactions at 89.6%.

Financial highlights

• Total income increased 12.62% year-over-year to INR 10,968 crore; interest income rose 6.15% to INR 9,033 crore.

• Operating profit for the quarter was INR 2,292 crore, up 16.76% year-over-year.

• Non-interest income surged 57.45% year-over-year to ₹1,935 crore.

• Net interest income for the quarter was ₹3,502 crore, down 1.07% year-over-year.

• Cost-to-income ratio improved to 57.84% from 58.83% year-over-year.

Outlook and guidance

• FY25-26 guidance: business growth 14-15%, deposit growth 10-12%, advances growth 14-16%.

• Credit growth target for FY26 is robust, with management confident of exceeding the 15-16% guidance.

• CASA ratio target at 48% (+/-1%), NIM above 3%, Gross NPA below 3%, Net NPA below 0.45%.

• Interim dividend of 2% (₹0.20 per share) approved by the Board.

• Cost-to-income ratio expected to gradually decline by 50-100 bps annually, aiming for below 50% in 2-3 years.