Bank of Baroda Reports 11% Growth in Q4 Net Profit to ₹5,616 Crore
Bank of Baroda Q4 results: PAT grows 11% YoY to Rs 5,616 crore; NII up 9%
The Economic TimesImage: The Economic Times
Bank of Baroda (BoB) reported a consolidated net profit of ₹5,616 crore for the quarter ending March 2026, marking an 11.2% increase year-on-year. The bank's net interest income rose 9% to ₹12,494 crore, while global deposits surged 12% to ₹16.48 lakh crore.
- 01Net profit increased by 11.2% to ₹5,616 crore.
- 02Net interest income rose by 9% to ₹12,494 crore.
- 03Global deposits jumped by 12% to ₹16.48 lakh crore.
- 04Gross NPAs improved to 1.89%, down from 2.26% a year ago.
- 05Dividend of ₹8.50 per share proposed for FY26.
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Bank of Baroda (BoB) announced a consolidated net profit of ₹5,616 crore for the quarter ending March 2026, reflecting an 11.2% increase from ₹5,048 crore in the same period last year. The bank's net interest income (NII) also saw a 9% rise, reaching ₹12,494 crore compared to ₹11,494 crore in Q4FY25. However, non-interest income fell 16% to ₹3,967 crore. Global deposits surged by 12% to ₹16.48 lakh crore, with domestic deposits increasing 13% to ₹14.01 lakh crore. The bank's global advances rose 16% to ₹14.29 lakh crore, driven by a 15% increase in domestic gross advances. Asset quality improved, with gross non-performing assets (NPAs) decreasing to 1.89% from 2.26% a year ago. The Capital Adequacy Ratio (CAR) fell to 15.82%, down from 17.19%. The bank has proposed a dividend of ₹8.50 per equity share, subject to approval at the upcoming Annual General Meeting.
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The growth in net profit and deposits indicates financial stability for Bank of Baroda, potentially leading to better loan terms for customers and increased investor confidence.
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