Bank of Baroda (BANKBARODA) investor relations material

Executive summary

• Global advances grew 14.7% YoY to ₹13,44,904 crore, with domestic up 13.6% and international up 19.3%.

• Net profit for Q3FY26 was ₹5,055 crore, up 4.5% YoY; 9MFY26 net profit was ₹14,405 crore.

• Asset quality improved with GNPA at 2.04% and NNPA at 0.57% as of Dec 2025.

• Consistent performance with 14 consecutive quarters of ROA above 1% and 12 quarters of net profit above ₹4,000 crore.

• Capital adequacy ratio stood at 15.29% as of Dec 2025.

Financial highlights

• Net interest income for Q3FY26 was ₹11,800 crore; non-interest income rose 5.9% YoY to ₹3,600 crore.

• Operating profit for Q3FY26 was ₹7,377 crore; cost-to-income ratio increased to 52.10%.

• Return on assets (ROA) for Q3FY26 was 1.09%-1.16%; return on equity (ROE) was 15.59%.

• Book value per share increased to ₹250.8 as of Q3FY26.

• Provision Coverage Ratio (PCR) at 92.73% as of Q3FY26.

Outlook and guidance

• Credit growth guidance revised to 11%-13% with upside, deposit growth at 9%-11%.

• ROA guidance remains above 1%; margin guidance at 2.85%-3%.

• Slippage ratio guidance at 1%-1.25%, credit cost revised downward to below 0.60%.

• Focus on digital transformation, sustainability, and expanding retail and MSME lending.

• Continued improvement in asset quality and capital position expected.