Bank Of Baroda has informed the Exchange about Transcript
BANKBARODA · price
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Bank of Baroda reported its highest-ever quarterly net profit of Rs. 5,616 crore for Q4 FY2026, with full-year net profit crossing Rs. 20,000 crore for the first time. The bank crossed a major milestone of Rs. 30 lakh crore in global business volume. Advances grew 16.2% YoY (vs. 11-13% previous guidance), deposits rose 12%, and NIM improved to 2.89% from 2.79% in Q3. Asset quality remained robust with GNPA at 1.89% and Net NPA below 1% at 0.45%. The bank raised its loan growth guidance from 11-13% to 12-14% and deposit growth guidance from 9-11% to 10-12% for FY27. NIM guidance is maintained at 2.75-2.95% for the full year. Management created a Rs. 1,500 crore floating provision from IT refunds to strengthen the balance sheet. The bank plans to raise Rs. 6,000 crore via AT-1 and Tier-2 bonds this year.
Strong quarterly results with record profits, improving margins, and upgraded guidance suggest positive sentiment for shareholders. The bank's focus on RAM (Retail, Agriculture, MSME) segments and balance sheet strengthening measures through floating provisions provide resilience against potential geopolitical headwinds, particularly related to West Asia exposure.