Bank of Baroda Q3 net profit rises 4.5% YoY to ₹5,055 crore; asset quality improves

MUMBAI, JANUARY 30, 2026: State-owned Bank of Baroda (BoB) on Friday reported a 4.5% year-on-year increase in standalone net profit to ₹5,055 crore for the third quarter ended December 2025, driven by stable interest income and continued improvement in asset quality.

The bank’s gross non-performing asset (GNPA) ratio fell to 2.04% in Q3 FY26 from 2.43% a year ago, while the net NPA ratio stood at 0.57%, reflecting a consistent clean-up of the balance sheet.

Key Financial Highlights – Q3 FY26

Profitability Metrics

• Net Profit: ₹5,055 crore (up 4.5% YoY)

• Net Interest Income (NII): ₹11,800 crore (largely flat YoY)

• Non-Interest Income: ₹3,600 crore (up 5.9% YoY)

• Operating Profit: ₹7,377 crore

• Return on Assets (RoA): 1.09%

• Return on Equity (RoE): 15.59%

Asset Quality Improvement

• Gross NPA Ratio: 2.04% (vs 2.43% in Q3 FY25)

• Net NPA Ratio: 0.57% (vs 0.59% in Q3 FY25)

• Provision Coverage Ratio (including technical write-offs): 92.73%

• Slippage Ratio: 0.86%

• Credit Cost: 0.17%

Also Read: NTPC Q3 FY26 Net Profit Rises 6% YoY to ₹4,987 Cr; Declares ₹2.75 Per Share Interim Dividend

Strong Business Growth

Bank of Baroda’s global deposits crossed ₹15.46 lakh crore, registering a growth of 10.3% year-on-year. Global advances rose 14.7% to ₹13.44 lakh crore.

On the domestic front, deposits grew 11.1% to ₹13.07 lakh crore, while advances increased 13.6% to ₹10.96 lakh crore. The domestic CASA ratio stood at 38.45%.

The retail loan portfolio (organic) grew 17.4% to ₹2.85 lakh crore, led by strong performance in:

• Mortgage loans (up 21%)

• Auto loans (up 17.4%)

• Home loans (up 16%)

• Education loans (up 12.8%)

• Personal loans (up 12%)

Capital Adequacy Remains Healthy

The bank’s capital adequacy ratio (CRAR) stood at 15.29% as of December 2025, with the Common Equity Tier-1 (CET-1) ratio at 12.45%.

On a consolidated basis, CRAR was higher at 15.75% with CET-1 at 12.97%.

Digital Banking Momentum Continues

Bank of Baroda’s digital push yielded strong results:

• bob World users: 3.47 crore (up 9% YoY)

• Digital transactions: 96% of total transactions

• Digital lending sanctions: ₹9,184 crore in Q3 (up 70% YoY)

Nine-Month Performance (April–December 2025)

For the nine-month period of FY26, the bank reported:

• Net Profit: ₹14,405 crore

• Net Interest Income: ₹35,189 crore (up 0.5% YoY)

• Operating Profit: ₹23,190 crore

Management Commentary

The bank stated that the results reflect its “consistent focus on sustainable growth, digital innovation, and maintaining asset quality.” It emphasized continued strengthening of the retail franchise alongside prudent risk management.

About Bank of Baroda

Founded in 1908, Bank of Baroda is a leading public sector bank with a widespread network across India and operations in 17 countries. It is listed on both the BSE and the NSE.