Bank of India shares zoom 7% to 52-week high as Q3 net profit soars 7% YoY to ₹2,705 crore

As of 2 pm, the stock was trading at ₹166.18 per equity share, up by 5.52%.

The scrip has gained more than 8% in the past week and 16% over the month. On a year-to-date basis, it has surged 13%. The stock touched a year’s low of ₹92.66 apiece on March 11, 2025.

Q3 results

Bank of India, on Wednesday, posted a 7.4% year-on-year (YoY) surge in its net profit to ₹2,705 crore for the December quarter of FY26, compared to ₹2,518 crore it logged in the same period of the previous fiscal year.

Its net interest income (NII) advanced 6.43% annually to ₹6,461 crore during the quarter under review, as against ₹6,070 crore in the third quarter of the 2024-25 fiscal year (Q3FY25).

The bank logged a domestic net interest margin (NIM) of 2.8% in the third quarter of the current financial year, in comparison to 2.98% in the year-ago period. Its global NIM for Q3FY26 was at 2.57%.

Its asset quality improved both annually and sequentially, as its gross non-performing assets (GNPA) stood at 2.26%, down by 143 basis points (bps) YoY and 28 bps quarter-on-quarter (QoQ) from 3.69% and 2.54%, respectively.

Its net NPA (NNPA) contracted by 25 bps annually and 5 bps sequentially to 0.60% for the reporting quarter.

The bank’s global advances registered a growth of 13.63% YoY, with domestic advances growth at 15.16% YoY. Furthermore, its global business crossed the ₹16 lakh crore milestone.

Additionally, its overseas advances surged by 5.7% annually.

Its retail advances gained 20.64% YoY, followed by agriculture advances, which grew by 16.69% YoY, MSME advances, which were up by 15.77% YoY, and corporate advances, which surged by 11.32% YoY.

Bank of India’s deposits advanced by 11.64% annually, with domestic deposits growing 12.8% YoY. Furthermore, its Current Account and Savings Account (CASA) deposits rose 4.48% annually, with the CASA ratio at 37.97% as of December 31, 2025.

Its return on assets (ROA) and return on equity (ROE) stood at 0.96% and 15.34%, respectively, in Q3FY26.

The bank’s capital adequacy ratio was at 17.09% at the end of the three months ended December 31, 2025.

Bank of India has a total market capitalisation of ₹75,756.39 crore, as of January 22, 2026, according to data on the NSE.