Bank of Baroda Q4 Result: Net profit rises 11%, NII at ₹12,494 crore; board recommends final dividend of ₹8.5/share for FY26

Bank of Baroda reported an 11.3% growth in its standalone net profit for the January to March quarter of FY26 at ₹5,616 crore on Friday, May 8, as compared to ₹5,048 crore in the corresponding quarter last fiscal year.

The PSU bank’s net interest income (NII) rose 9% to ₹12,494 crore year-on-year (YoY) as against ₹11,954 crore in Q4 FY25.

The bank continues to maintain strong asset quality, with gross non-performing assets (NPA) at 1.89%, compared to 2.04% in the previous quarter. Net NPA for Q4 FY26 came in at 0.45% as against 0.57% quarter-on-quarter (QoQ).

Bank of Baroda’s global net interest margin (NIM) for Q4 FY26 improved by 10 basis points (bps) sequentially to 2.89%. The bank’s domestic NIM stood at 3.08% for the quarter.

Dividend and capital raising

Along with earnings, Bank of Baroda has also recommended a dividend of ₹8.50 per equity share (face value ₹2 each) for FY2025–26, subject to approval at the AGM. The bank has fixed June 5, 2026, as the record date, and shareholders holding shares as of this date will be eligible to receive the dividend.

The lender said its board has approved raising additional capital of up to ₹6,000 crore through Additional Tier 1 (AT1) and/or Tier II bonds, in suitable tranches up to March 31, 2027, and beyond if required.

Other details

The bank’s global advances grew 16.2% YoY, while domestic advances rose 14.5% in Q4 FY26, driven by strong growth in the retail loan portfolio.

As of March 31, 2026, the lender’s domestic current account savings account (CASA) deposits grew 9.8% YoY to ₹545,034 crore, while international deposits rose 7.5% to ₹247,197 crore YoY. 

Return on Assets (ROA) stayed consistently above 1%, at 1.15% for Q4 FY26. Bank of Baroda said its balance sheet remains robust, with a Provision Coverage Ratio (PCR) of 93.94% including TWO and 76.66% excluding TWO.

The slippage ratio for Q4 FY26 declined by 11 basis points year-on-year to 0.89%, while for the full year FY26 it stood at 0.72%, down 6 basis points YoY.

On Friday, shares of Bank of Baroda settled at ₹263.90 apiece on the National Stock Exchange, falling 2.39%.