Central Bank of India (CENTRALBK) Q4 25/26 earnings summary

Executive summary

• Total business grew 15.60% year-over-year to INR 8,12,439 crore, with deposits up 13.38% to INR 4,67,923 crore and gross advances up 18.76% to INR 3,44,516 crore; net profit for FY26 increased by 15.43% to INR 4,369 crore, despite a one-time deferred tax asset impact of INR 632 crore.

• CASA ratio stands at 47.30%, with savings bank deposits crossing INR 2,00,000 crore for the first time.

• Asset quality improved: Gross NPA at 2.67% (down 51 bps), Net NPA at 0.49% (down 6 bps) as of March 2026.

• Auditors issued an unmodified opinion on both standalone and consolidated financial statements for FY26, confirming compliance with accounting standards.

• Dividend declared at 12% (INR 120 per equity share), including interim dividends.

Financial highlights

• Operating profit for FY26 rose 4.37% year-over-year to INR 8,479 crore; net interest income for FY26 grew 1.97% to INR 14,171 crore.

• Total income for FY26 reached INR 42,34,142 lakh, a 7.7% increase year-over-year; interest income up 7.01% to INR 36,026 crore.

• CASA deposits rose 9.75% to INR 2,20,781 crore; CASA ratio at 47.3%.

• Gross NPA improved to 2.67%; Net NPA improved to 0.49%.

• Cost-to-income ratio at 58.61%; ROA at 0.89%; ROE at 13%.

Outlook and guidance

• FY27 guidance: business growth 14-15%, deposit growth 10-12%, advances growth 14-16%.

• NIM expected to remain above 3%; CASA ratio expected at 48% (±1%).

• RAM (Retail, Agriculture, MSME) to maintain 65%-35% ±5% split with corporate, focus on retail and MSME expansion.

• Gross NPA targeted below 2.5%, Net NPA below 0.5%, ROA above 1%.

• Management expects to opt for the new tax regime from FY27, following remeasurement of deferred tax assets.