Bank of India Ltd (NSE: BANKINDIA; BSE: 532149) closed at ₹157.0 on Wednesday, down about 1% from the previous close, following the bank’s analyst briefing on its third-quarter FY26 financial performance.
Market Capitalization
The lender’s market capitalization stood at approximately ₹72,000 crore at the end of the trading session.
Latest Quarterly Results (Q3 FY26)
Bank of India reported higher earnings for the quarter ended December 2025, supported by growth in advances, deposits, and non-interest income.
Consolidated Financials
- Net profit: ₹2,705 crore, up 7% year-on-year
- Operating profit: ₹4,193 crore, up 13% year-on-year
- Net interest income: ₹6,461 crore, up 6% year-on-year
- Non-interest income: Above ₹2,200 crore, up around 30% year-on-year
- Global net interest margin: 2.57%, up 16 basis points sequentially
Segment Highlights
- Treasury: Higher treasury income contributed to growth in non-interest income during the quarter.
- Wholesale Banking: Global advances rose in line with overall credit expansion, supporting interest income.
- Retail Banking: Retail, agriculture, and MSME advances increased to ₹3.65 lakh crore, accounting for 58.54% of domestic advances.
CHART — FINANCIAL TRENDS
Chart 1: Operating Performance
Business & Operations Update
During the quarter, Bank of India implemented continuous cheque clearing (CTS) across its network to enable faster settlement.
The bank introduced the BOI Surya Shakti scheme for financing solar-based agricultural infrastructure, including irrigation systems and cold storage.
It also launched lending products for gig economy workers, covering MSME loans, personal loans, and vehicle financing.
Two new credit cards were introduced, including a RuPay Platinum metal card for high-net-worth customers and a RuPay women-focused credit card.
The bank consolidated its corporate social responsibility initiatives under the Bank of India CSR Trust.
Equity Analyst Commentary
Institutional analysts tracking the bank focused on growth in advances, improved margins, and lower slippages during the quarter. Commentary highlighted the increasing share of retail, agriculture, and MSME loans and improvement in asset quality metrics.
Guidance & Outlook
Management indicated:
- Global advances growth: 13%–14% for FY26
- Global deposit growth: 11%–12% for FY26
Key areas to watch include low-cost deposit mobilization, asset quality trends, and margin sustainability amid regulatory changes.
Performance Summary
Bank of India shares ended lower after the Q3 FY26 briefing.
Net profit rose 7% year-on-year.
Advances and deposits expanded at double-digit rates.
Asset quality indicators improved sequentially.