CSB Bank has announced its unaudited financial results for the first quarter of FY27, ending June 30, 2026. The bank reported a year-on-year growth of 26% in Total Deposits and 24% in Net Advances. Profit after Tax (PAT) saw a significant increase of 27% YoY. Key performance indicators like Return on Assets and Net Interest Margin have also shown positive trends. The bank maintains a robust capital structure with a Capital Adequacy Ratio of 19.96%.
CSB Bank Announces Strong Q1 FY27 Performance
CSB Bank has officially released its unaudited financial results for the first quarter of the Financial Year 2027, which concluded on June 30, 2026. The Board of Directors reviewed and approved these results on July 22, 2026, following a review by the Statutory Auditors.
Key Financial Highlights
The bank showcased robust year-on-year growth across several key metrics:
- Total Deposits grew by 26% YoY to ₹45,415 crore as on June 30, 2026, compared to ₹35,935 crore on June 30, 2025. The CASA ratio stood at 19%.
- Net Advances (Net) increased by 24% YoY to ₹40,309 crore as on June 30, 2026, from ₹32,552 crore on June 30, 2025. This growth was supported by significant increases in gold loans (47% YoY) and wholesale advances (37% YoY).
- Net Interest Income (NII) rose by 26% YoY to ₹479 crore for Q1 FY27, up from ₹379 crore in Q1 FY26.
- Operating Profit grew by 14% YoY to ₹251 crore for Q1 FY27, compared to ₹220 crore in Q1 FY26.
- Profit after Tax (PAT) saw a substantial increase of 27% YoY, reaching ₹150 crore for Q1 FY27, up from approximately ₹119 crore in Q1 FY26.
Asset Quality and Capital Structure
The bank maintained a healthy asset quality and a strong capital base:
- Gross non-performing assets (NPA) were reported at 1.75% as on June 30, 2026, an improvement from 1.84% on June 30, 2025.
- Net non-performing assets stood at 0.39% as on June 30, 2026, down from 0.66% on June 30, 2025.
- The Provision Coverage Ratio was strong at 86.83% as on June 30, 2026.
- The Capital Adequacy Ratio remained robust at 19.96%, well above regulatory requirements.
MD & CEO Commentary
The MD & CEO highlighted the strong year-on-year growth in Deposits and Advances, significantly outperforming industry averages. The bank’s profitability remains healthy, with a 14% growth in operating profit and a 27% increase in net profit on a YoY basis. Key financial ratios, including NIM, RoA, RoE, and CIR, were noted to be better compared to Q1 FY26. The bank remains focused on enhancing productivity and unlocking the benefits of its technology transformation initiatives to achieve its SBS 2030 vision.
About CSB Bank Limited
CSB Bank is one of India’s oldest private sector banks, with over 100 years of operating history. The bank is actively implementing strategic changes to function as a full-service new-age private sector bank. It has a strong presence in Kerala and a significant footprint across other Indian states. CSB Bank offers a wide range of products and services to its customers through its extensive network of branches and ATMs, as well as various digital channels.
Source: BSE
