Bank Of Baroda · NSE:BANKBARODA
Bank Of Baroda — Q3 FY2026 Earnings Presentation
46 slides from Bank Of Baroda's earnings presentation, Jan 30, 2026
Slide 1: Performance Analysis Q3FY26
Performance Analysis Q3FY26
Slide 2: Key Highlights
Bank of Baroda India’s International Bank Key Highlights
Slide 3: Key Highlights
Key Highlights Business Details (INR crore) Key Performance Drivers Dec 31, 2024 Dec 31, 2025 YOY (%) Net Profit (INR crore) Domestic Deposits 11,76,321 13,07,189 11.1 Net Interest Margin (%) International Deposits 2,26,588 2,39,560 5.7 Global Deposits 14,02,909 15,46,749 10.3 3.08 19,581 Retail Adv
Slide 4: Value to our Shareholders
Value to our Shareholders Earnings per Share (INR) (Non-Annualised) Book Value per Share (INR) 242.0 250.8 37.9 220.0 223.3 233.4 197.6 210.8 181.5 27.9 9.5 8.6 10.1 9.4 9.8 8.8 9.3 9.8 Q4FY25 Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY24 Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 FY
Slide 5: Financial Performance
aa 31m ah 7 THE BANKER Ws Bank of Baroda India’s International Bank Financial Performance
Slide 6: Key Ratios
Key Ratios Cost of Deposits Yield on Advances Net Interest Margin Domestic Domestic Domestic 3.22% 3.25% 5.20% 5.07% 5.21% 5.09% 3.10% 3.03% 4.99% 8.87% 8.31% 8.88% 8.33% 2.93% 8.09% Q3FY25 Q2FY26 Q3FY26 FY25 9MFY26 Q3FY25 Q2FY26 Q3FY26 FY25 9MFY26 Q3FY25 Q2FY26 Q3FY26 FY25 9MFY26 International Inte
Slide 7: Operating Performance
Operating Performance Particulars Q3 FY25 Q2 FY26 Q3 FY26 YOY (%) 9M FY25 9M FY26 YOY (%) (INR crore) Interest on advances 23,811 23,505 24,056 1.0 69,529 71,197 2.4 Interest on investments 6,553 6,376 6,262 -4.4 19,527 18,959 -2.9 Other Interest income 912 1,630 1,431 56.9 2,127 4,196 97.2 Total In
Slide 8: Non-Interest Income
Non-Interest Income Particulars Q3 FY25 Q2 FY26 Q3 FY26 YOY (%) 9M FY25 9M FY26 YOY (%) (INR crore) Commission, Exchange, Brokerage 742 807 778 4.8 2,226 2,323 4.4 Incidental Charges 356 336 264 -25.8 1,041 949 -8.8 Forex Income 50 49 57 14.0 165 153 -7.3 Other Miscellaneous Income 584 598 609 4.3 1
Slide 9: Operating Expenses
Operating Expenses Particulars Q3 FY25 Q2 FY26 Q3 FY26 YOY (%) 9M FY25 9M FY26 YOY (%) (INR crore) Employee Cost 4,207 4,061 4,111 -2.3 12,260 12,480 1.8 of which: Salaries 3,060 3,299 3,414 11.6 9,311 10,032 7.7 Provisions for employees 1,147 762 698 -39.2 2,949 2,448 -17.0 Other Operating Expenses
Slide 10: Profit Position
Profit Position Particulars Q3 FY25 Q2 FY26 Q3 FY26 YOY (%) 9M FY25 9M FY26 YOY (%) (INR crore) Operating Profit 7,664 7,576 7,377 -3.7 24,303 23,190 -4.6 Total Provisions 1,082 1,232 799 -26.2 4,429 3,998 -9.7 of which: 871 883 559 -35.9 3,874 3,128 -19.3 Provision for NPA & Bad Debts Written-off P
Slide 11: Business Performance
Business Performance V5 Bank of Baroda India’s International Bank THE BANKER 11
Slide 12: Deposits
Deposits Particulars % share in Domestic Deposits in Dec’25 Dec’24 Dec’25 YOY (%) Sep’25 Dec’25 QOQ (%) (INR crore) Domestic CASA Deposits 4,62,617 5,02,560 8.6 4,88,660 5,02,560 2.8 Savings Deposits Domestic Saving 32% 3,89,061 4,17,873 7.4 4,08,348 4,17,873 2.3 Deposits Domestic Current 73,557 84,
Slide 13: Advances
Advances Particulars % share in Gross Domestic Credit in Dec’25 Dec’24 Dec’25 YOY (%) Sep’25 Dec’25 QOQ (%) (INR crore) Agriculture Retail* 2,43,360 2,85,786 17.4 2,73,116 2,85,786 4.6 16.4% Home Loans* 1,23,996 1,43,856 16.0 1,38,917 1,43,856 3.6 Auto Loans* 44,890 52,687 17.4 49,559 52,687 6.3 Cor
Slide 14: Industry-wise Outstanding
Industry-wise Outstanding Dec’24 Dec’25 Particulars (INR crore) Rating Profile Outstanding Share (%) Outstanding Share (%) Infrastructure of which 1,15,168 11.9 1,15,125 10.5 1. Power 59,536 6.2 69,907 6.4 2. Telecom 7,626 0.8 6,232 0.6 3. Roads & Ports 35,747 3.7 28,710 2.6 4. Other Infrastructure
Slide 15: Segment wise breakup & Ratings of NBFC Standard Outstanding
Segment wise breakup & Ratings of NBFC Standard Outstanding NBFC Portfolio by Ownership Rating Profile of NBFCs Standard Outstanding* Particulars Sep’25 Dec’25 Outstanding Outstanding 13% 13% % Share % Share (INR crore) (INR crore) Pvt others AAA 1,13,626 69.61 1,31,065 71.42 40% 38% Backed by Large
Slide 16: Treasury Operations
Treasury Operations Particulars (INR crore) Dec’24 Sep’25 Dec’25 • Domestic investment book comprises of 73.06% in HTM; 17.39% Domestic Investments 3,74,785 3,72,290 3,44,152 in AFS; 8.09% in FVTPL and 1.46% in Subsidiaries / Joint Ventures and RRB’S of which • The percentage of Investments in SLR S
Slide 17: Financial Inclusion
Financial Inclusion Total Financial Inclusion Accounts Balance /Avg Balance in FI accounts Zero Balance Accounts (%) (in Lakh) 4.84% 4.85% 4.77% 43,729 45,631 39,248 733 731 718 Dec'24 Sep'25 Dec'25 5,466 5,982 6,228 Market Share* of BOB in PMJDY Accounts (%) Dec'24 Sep'25 Dec'25 15.06% 14.92% 14.84
Slide 18: Priority Sector Achievements
Priority Sector Achievements ➢ Total Priority (40.45% of ANBC against norm of 40%) As on 31st Dec 2025 (YTD) No. of Amt. in ➢ Agriculture (PS) Advances (18.69% of ANBC against norm of A/c Crore Mandated 18%) PM Vidyalaksh Norms under mi Scheme Sanctioned 2,509 270 ➢ Small & Marginal Farmers (12.34%
Slide 19: Asset Quality
Asset Quality V5 Bank of Baroda India’s International Bank 19
Slide 20: Strong Asset Quality
Strong Asset Quality Gross NPA & Net NPA Slippage Ratio & Credit Cost 3.00 1.40 2.43 1.16 1.20 2.28 2.50 2.26 2.16 1.00 2.04 1.00 0.90 0.91 2.00 0.86 0.80 1.50 0.55 0.60 0.44 1.00 0.40 0.59 0.58 0.60 0.30 0.29 0.57 0.57 0.50 0.17 0.20 - - Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q3FY25 Q4FY25 Q1FY26 Q2FY2
Slide 21: Movement of NPAs
Movement of NPAs Particulars Q3 FY25 Q2 FY26 Q3 FY26 9M FY25 9M FY26 (INR crore) A. Opening Balance 28,551 27,572 27,600 31,834 27,835 B. Additions 2,915 3,064 2,982 7,335 8,205 Out of which, Fresh Slippages 2,503 2,669 2,676 6,408 7,168 C. Reductions 2,995 3,036 3,183 10,698 8,641 Recovery 1,016 99
Slide 22: Sectoral & Industry wise Contribution of NPAs
Sectoral & Industry wise Contribution of NPAs Sector-wise NPA Industry-wise NPA Particulars (INR crore) Q3 FY25 Q2 FY26 Q3 FY26 Particulars (INR crore) Q3 FY25 Q2 FY26 Q3 FY26 Infrastructure of which 110 25 25 Corporate 661 1 1 1. Power 3 2 1 MSME 10,981 10,218 10,097 2. Telecom 2 1 1 3. Roads & Por
Slide 23: Asset Quality: Sectoral Fresh Slippages
Asset Quality : Sectoral Fresh Slippages CRILC o/s SMA1 and SMA 2 (%) Fresh Slippages Particulars (INR crore) Q3 FY25 Q2 FY26 Q3 FY26 9M FY25 9M FY26 Corporate 34 1 0 137 1 0.49 MSME 963 986 1,065 2,573 2,530 0.39 0.36 Retail 751 833 815 1,843 1,995 Agriculture 517 834 776 1,596 2,085 Others 12 15 1
Slide 24: Exposure to NCLT Accounts
Exposure to NCLT Accounts 40,627 30,061 100% 100% 100% 99% 99% 4,155 4,099 2,312 RBI List 1 RBI List 2 Account filed Account filed Total RBI 1 List RBI 2 List Accounts Accounts Total by BOB by others filed by BOB filed by at NCLT others at Exposure in INR Crore Provision Coverage (%) NCLT Provision
Slide 25: Capital Adequacy
Capital Adequacy V5 Bank of Baroda India’s International Bank 25
Slide 26: Capital Adequacy
Capital Adequacy 17.19% 17.61% 16.54% 15.96% 15.29% 15.75% Tier II 2.40% 2.46% 2.39% 2.52% 1.01% 1.03% 2.19% 2.15% AT-1 0.79% 0.63% 1.06% 0.65% CET-1 13.78% 14.12% 13.36% 12.97% 12.38% 12.45% Dec'24 Mar'25 Jun'25 Sep'25 Dec'25 Consol Dec'25 Particulars (INR crore) Dec’24 Sep’25 Dec’25 Dec’25 (Consol
Slide 27: Sustainability Initiatives
Sustainability Initiatives 27
Slide 28: Sustainability Initiatives 1/5
Sustainability Initiatives….1/5 Sustainable & Social Loans Efficiency & Green Initiatives Bank has executed an MOU with KFW, a multilateral -290- Bank’s branches on lease premises (2.18 MW in Waterless Urinals and Water Efficient Plumbing Fixtures are finance agency, under the programme known as tot
Slide 29: Sustainability Initiatives 2/5
Sustainability Initiatives….2/5 Governance Frameworks ➢ The Bank is a pioneer Public Sector Bank to launch its ➢ Updated Code of Ethics Version 2.0/2025 was launched on 01st well documented ‘Code of Ethics’ which is based on April 2025. Stakeholder Centric Approach resting on our Five ➢ The Bank tak
Slide 30: Sustainability Initiatives 3/5
Sustainability Initiatives….3/5 ESG Rating Green Deposits and Green Products Capacity Building ▪ Mobilized ₹ 1,707 Cr. of Green Deposits as on ▪ Bank’s ESG rating has been upgraded by ESGRisk.ai December 31, 2025. (Acuite Group). ▪ Carried out a two-day capacity-building workshop on ▪ Deployed the e
Slide 31: Sustainability Initiatives 4/5
Sustainability Initiatives….4/5 Initiatives for ESG and Climate Risk Management Risk Management Rationale of the Initiatives ▪ Formulated a Climate Risk Management Policy approved by the Board. ▪ To integrate climate risk factors in the core ▪ Third-Party Impact Assessment and Verification Reports o
Slide 32: Sustainability Initiatives 5/5
Sustainability Initiatives….5/5 Participation in ‘Fit India Freedom Run 6.0’ Wellness Month – November 2025 Introduction of “Additional Monthly Bank of Baroda recognizes employee health and well-being as Mobility Support / Commuting Our Bank celebrated “Fit India Freedom Run 6.0” from 2nd to 31st Oc
Slide 33: Digital Banking - Accelerating Digital Transformation
Digital Banking - Accelerating Digital Transformation 33
Slide 34: Leveraging Digital Infrastructure
Leveraging Digital Infrastructure Digital Touch Points Increasing Digital Adoption Leadership Across the Industry Q3 FY’25 Q3 FY’26 ATMs 9,182 9,529 2nd in UPI Autopay Source: NPCI 19,185 Digital Touch Points SSPB 4,955 7,546 96% 95% 2nd in Debit Card Issuance Source: NPCI Transactions New SA done a
Slide 35: New Digital Initiatives
New Digital Initiatives TAB bob World CBDC Banking • EV Recharge: Introduced Quick • Interoperable Discount Charging Point Operator (CPO) Vouchers: Merchants can create wallet top-up using mobile discount offers. Users can get • NRE/NRO account opening number through bob World these discount voucher
Slide 36: Accelerating Digital Growth 1/2
Accelerating Digital Growth….1/2 Channels & Products Customers Onboarded on Digital Channels : 39 Lac users (Q3 FY’2024-25 vs Q3 FY’2025-26) (During Q3 FY 2025-26) Txn value Txn value 2,71,474 2,81,644 82,956 88,249 383 1,320 in Rs Cr in Rs Cr Txn value in Rs Cr 34 347 8% 128 319 9% 118 304% 9 Q3 FY
Slide 37: Accelerating Digital Growth 2/2
Accelerating Digital Growth….2/2 Merchant Acquisition : 2.63 Lac Merchants Merchant Ecosystem (During Q3 FY 2025-26) Turnover 5,030 6,192 in Rs Cr Turnover 13,561 18,791 in Rs Cr 31.11 0.55 Point of Sale 17 % UPI – QR 23.01 31 % 0.47 Q3 FY24-25 Q3 FY25-26 Q3 FY24-25 Q3 FY25-26 POS UPI – QR Number of
Slide 38: Accelerating Digital Lending
Accelerating Digital Lending Digital Retail Products : 7 Total Digital Sanctions (Value in Cr.) 9184 Retail Products 5412 70 % Personal Loan Home Loan Two-Wheeler Auto Loan Education Loan Top Up Pension Loan Solar Roof Top Q3 FY 24-25 Q3 FY 25-26 Loan Retail Digital Sanctions (Value in Cr.) Digital
Slide 39: Consolidated Financials
Consolidated Financials V5 Bank of Baroda India’s International Bank THE BANKER 39
Slide 40: Subsidiaries and JVs Performance
Subsidiaries and JVs Performance Baroda BNP Paribas Asset Management India IndiaFirst Life Insurance Co. Ltd. (Subsidiary Pvt. Ltd. Holding – 64.92%) (Subsidiary Holding – 50.1%) ❑ AUM was recorded at Rs 34,544 crs as on Dec 31, 2025 against Rs 30,135 ❑ AAUM as on Dec 31, 2025 stands at Rs 58,451 cr
Slide 41: Subsidiaries and JVs Performance
Subsidiaries and JVs Performance BOBCARD Limited BOB Capital Markets Limited Baroda Global Shared Services Limited (Subsidiary Holding – 100%) (Subsidiary Holding – 100%) (Subsidiary Holding – 100%) ❑ Number of active Cards stood at 30.68 lacs as ❑ Broking revenue increased to Rs 19.81 ❑ DST mobiliz
Slide 42: Subsidiaries and JVs Performance
Subsidiaries and JVs Performance India Infradebt Limited Nainital Bank Limited (Joint Venture of 40.99%) (Subsidiary Holding – 98.62%) ❑ Total advances increased to Rs 29,785.24 crs as on Dec 31,2025 ❑ Total Business increased to Rs 13,208.91 crs as on Dec 31, 2025 from from Rs 24,017.75 crs as on D
Slide 43: Overseas Subsidiaries Performance
Overseas Subsidiaries Performance Bank of Baroda (Uganda) Ltd. Bank of Baroda (Kenya) Ltd. Bank of Baroda (Botswana) Ltd. (Subsidiary Holding – 80%) (Subsidiary Holding – 86.70%) (Subsidiary Holding – 100%) ❑ Total Deposits stands at INR 5,792.14 crore as ❑ Total Deposits stands at INR 11,207.87 cro
Slide 44: Balance Sheet and PL – Consolidated
Balance Sheet and PL– Consolidated Particulars Particulars Dec ’24 Sep’25 Dec’25 Q3FY25 Q3FY26 YOY (%) (INR crore) (INR crore) CAPITAL & LIABILITIES Interest Income 32,939 33,600 2.0 Capital 1,036 1,036 1,036 Non Interest Income 4,794 6,399 33.5 Share Application Money Pending 0 0 0 Allotment Total
Slide 45: Disclaimer
Disclaimer The information contained in this presentation is provided by Bank of Baroda (the “Bank”) to you solely for your information. This document is highly confidential and being given solely for your use and may not be retained by you and neither this presentation nor any part thereof may be (
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