CSB Bank (CSBBANK) Q4 24/25 earnings summary

Executive summary

• Net profit for FY25 reached ₹59,380 lakhs (INR 594 crore), up 5% year-over-year; Q4 net profit was ₹19,000 lakhs (INR 190 crore), a 26% year-over-year increase.

• Operating profit for FY25 was ₹91,024 lakhs (INR 910 crore), up 17% year-over-year; Q4 operating profit was ₹31,700 lakhs (INR 317 crore), up 39% year-over-year.

• Balance sheet grew 33% year-over-year to ₹478,360 lakhs (₹47,836 crore); total business grew 27% to ₹687,030 lakhs (₹68,703 crore).

• Non-interest income surged 66% year-over-year to ₹97,200 lakhs (₹972 crore) for FY25 and 94% in Q4 FY25.

• Distribution network expanded to 829 branches and 791 ATMs, with 56 new branches added in FY25.

Financial highlights

• Total income for FY25 was ₹456,920 lakhs, up from ₹351,183 lakhs in FY24; Q4 FY25 total income at ₹136,200 lakhs, up 37%.

• NIM for FY25 was 4.13%; Q4 NIM was 3.75%.

• ROA for FY25 was 1.49%-1.53%; Q4 ROA was 1.79%.

• ROE for FY25 was 15.44%.

• Cost-to-income ratio for Q4 was 57.92%, and for FY25 was 62.82%.

• EPS for FY25 was ₹34.23; book value per share at ₹249.

Outlook and guidance

• NIM guidance for FY26 is between 3.75% and 4.14%, expected to stabilize near 4%.

• Credit cost guidance for FY26 is below 30 basis points.

• ROA expected between 1.5-1.8% and ROE between 15-17% over the next 2-3 years.

• Asset growth of 20-25% is targeted, with growth constrained by liability generation.

• Strategic plan SBS 2030 targets transformation into a mid-sized, new-age private sector bank with national presence by 2030.