The South Indian Bank (SOUTHBANK) Q4 24/25 earnings summary

Executive summary

• Net profit for FY25 reached ₹1,303 crore (₹130,310 lakhs), up 22% year-over-year, with Q4 net profit at ₹342 crore.

• Achieved highest ever Net Interest Income (NII) of ₹3,486 crore, reflecting operational efficiency and transformation.

• Focused on customer-centric transformation, digital initiatives, and significant staff training to drive growth.

• Total consolidated income for the year reached ₹1,122,629 lakhs, with a proposed dividend of ₹0.40 per share.

• Significant investments in systems and processes to modernize and drive future growth.

Financial highlights

• Net interest income for FY25 was ₹3,486 crore; Q4 NII was ₹868 crore.

• Operating profit for FY25 was ₹2,270 crore, up 22% year-over-year; Q4 operating profit was ₹683 crore, up 57% YoY.

• Non-Interest Income grew 20% to ₹1,813 crore; total business (advances + deposits) reached ₹1,93,208 crore, up 7%.

• Gross advances increased 9% to ₹87,579 crore; total deposits grew 6% to ₹107,526 crore.

• Net interest margin for the year was 3.24%; Q4 NIM was 3.21%.

Outlook and guidance

• Advances expected to grow north of 12% in FY26, with potential to exceed by 3-4 percentage points.

• Deposit growth targeted north of 10% for the coming year.

• Return on assets expected to remain around 1% in the near term, with potential to rise to 1.15%-1.2% as retail and MSME books expand.

• Continued focus on digital transformation, operational efficiency, and expanding non-branch distribution channels.

• Emphasis on building frictionless processes and leveraging partnerships for growth.