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, rising 31.70% year-over-year to INR 1,263 crore for the quarter.

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

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

• Unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, were reviewed and approved by the Board, with auditors issuing unmodified opinions.

Financial highlights

• Total income increased 12.62% year-over-year to INR 10,968 crore; interest income up 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 INR 1,935 crore in Q3 FY25-26.

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

• Gross NPA improved by 116 bps to 2.70%; Net NPA improved by 14 bps to 0.45%.

Outlook and guidance

• Credit growth target for FY26 set at INR 340,000 crore, with corporate book target at INR 125,000 crore.

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

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

• NIM guidance maintained at 3%, though margin pressure expected due to rate cuts; cost-to-income ratio expected to gradually decline over 2-3 years.

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