Bandhan Bank reported a strong Q3 FY26 performance, with profit after tax soaring 84% QoQ to ₹206 crore. Deposits grew 11% YoY to ₹1.57 lakh crore, and gross advances increased 10% YoY to ₹1.45 lakh crore. The bank’s asset quality improved, with gross NPA declining to 3.3% and net NPA at 1.0%. The collection efficiency for EEB loans remained high at 98.2%.
Financial Performance Highlights
Bandhan Bank announced its financial results for Q3 FY26, showcasing significant improvements across key metrics:
- Net Revenue: Stood at ₹3,379 crore, up 7.8% QoQ from ₹3,135 crore in Q2 FY26.
- Net Interest Income (NII): Reached ₹2,688 crore, a 3.8% QoQ increase from ₹2,589 crore in the previous quarter.
- Net Interest Margin (NIM): Improved to 5.9% compared to 5.8% in Q2 FY26.
- Profit After Tax (PAT): A substantial increase to ₹206 crore, reflecting an 84% QoQ growth.
Balance Sheet Growth
- Deposits: Increased by 11% YoY, totaling ₹1.57 lakh crore as of December 31, 2025, compared to ₹1.41 lakh crore in the previous year. CASA Deposits stood at ₹42,730 crore, with a CASA Ratio of 27%.
- Gross Advances: Grew by 10% YoY to ₹1.45 lakh crore as of December 31, 2025, up from ₹1.32 lakh crore in the previous year. Secured Advances represent nearly 57% of the total loan book, demonstrating a 27% YoY growth.
Asset Quality Improvement
- Gross NPA: Decreased to 3.3% in Q3 FY26 from 5.0% in Q2 FY26.
- Net NPA: Improved to 1.0% in Q3 FY26 versus 1.4% in Q2 FY26.
- Collection Efficiency: Remained strong for EEB loans at 98.2%.
- Provision Coverage Ratio: Stood at 84.3% as of December 31, 2025, indicating a solid buffer for potential credit losses.
Nine Months Performance (9M FY26)
- Net Revenue: Amounted to ₹9,997 crore.
- Operating Profit: Reached ₹4,424 crore.
- Profit After Tax: Stood at ₹689 crore.
Source: BSE
