Consistent performers: Three banks with consistent increase in net profit for five quarters

Banking sector earnings have shown no surprises on the positive side, with a broadly slower uptick in profits for the quarter. The bellwether companies like HDFC Bank, Axis Bank, and Kotak Mahindra Bank reported benign numbers, while ICICI Bank reported better numbers as compared to peers. Apart from the big banks, small and mid-sized private and PSU banks reported consistent performance for the previous quarters. Here are the top four mid-cap banks that reported consistent growth in net profit for the past four quarters.

Bank of Maharashtra

One of the leading public sector banks, Bank of Maharashtra, has shown remarkable growth in profitability over the past four quarters. As the bank came out of the asset quality crisis, the public sector bank has shown strong operational performance across the board. The net-interest income for the quarter jumped 17.5% in Q1FY26, and the total net-profit for the quarter jumped 23% YoY to ₹1,592 crore as compared to ₹1,295 crore. More importantly, the profitability of has consistently increased from Q1FY25 to Q1FY26. The asset quality of the bank improved from 2.28% GNPAs in Q1FY24 to 1.74% in Q1FY26. The sharp improvement in asset quality led to better operational and bottom-line performance for the bank.

Yes Bank

Yes Bank, which was grappling with multiple issues, has posted superior performance in the latest quarterly results. Moreover, it has maintained its superior performance in profitability over the past four to five quarters. Yes Bank’s profitability has improved from ₹502 crore in Q1FY25 to ₹806 crore in Q1FY26. The growth was achieved by strengthening corporate governance and tightening the lending portfolio towards secured assets. In the Q1FY26, the overall advances grew 5.5% to ₹2.4 lakh crore, led by strong growth in commercial and micro banking.

Central Bank of India

The Central Bank of India reported strong growth across major parameters in Q1FY26. The public sector bank showed industry-level growth in advances at 9.9% YoY, led by a 15.7% YoY jump in retail, agriculture and MSME segment growth. However, due to one-off expenses, the net interest income for the quarter remained flat-to-negative at ₹3,383 crore vs ₹3,548 crore in the previous year’s similar quarter. However, the bank reported net profit growth of 32% YoY to ₹1,169 crore as compared to ₹880 crore in the previous year’s similar quarter. Moreover, the bank has increased its profitability consistently for the past four-to-five quarters.