Federal Bank Ltd. (india) · NSE:FEDERALBNK
Federal Bank Ltd. (india) — The Federal Bank — Q3 2026 Earnings Presentation
46 slides from Federal Bank Ltd. (india)'s earnings presentation, Jan 16, 2026
Slide 1: Investor Presentation
Secretarial Department SEC/LODR/379/2025-26 January 16, 2026 The Manager The Manager The National Stock Exchange of India Limited Department of Corporate Services Exchange Plaza, Bandra-Kurla Complex, BSE Limited, Phiroze Jeejeebhoy Towers, Bandra (E), Mumbai – 400 051. Floor 25, Dalal Street, Mumba
Slide 2: Investor Information Q3 FY 2026
Investor Information Q3 FY 2026
Slide 3: Disclaimer
Disclaimer IMPORTANT: This presentation has been prepared by The Federal Bank Limited (the “Bank”) solely for information purposes, without regard to any specific objectives, financial situations or informational needs of any particular person. All information contained has been prepared solely by t
Slide 4: Table of Contents
TABLE OF CONTENTS Pages 01 Key highlights 04-12 02 Business parameters 13-22 03 Distribution strategy and digital journey 23-31 04 Appendix 32-44 3
Slide 5: Operating fundamentals remain strong and steady
Operating fundamentals remain strong and steady Highest Ever Net Interest Income Operating Profit Fee Income ₹ 2,653 crs ₹ 1,729 crs ₹ 896 crs ROA ROE EPS BVPS KEY 1.15 % 11.68 % ₹ 16.79 ₹ 145.76 HIGHLIGHTS NIM Cost to Income Credit Cost Slippage Ratio FOR 3.18 % 53.92 % 47 bps 0.70% Q3FY26 Balance
Slide 6: Q3FY26 – Executing with Focus
Q3FY26 – Executing with Focus Asset engine reshaped for better yield 3.1% 1.6% 32.07 CASA franchise scaling new peaks 3.0% 1.7% 31.01 43.0% Dec-24 52.2% Dec-25 51.0% 30.35 44.4% 30.16 30.23 Advances Book mix Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 High Yielding Very High Yielding Medium Yielding Low
Slide 7: Durable growth strategy anchored in profitability and prudence
Durable growth strategy anchored in profitability and prudence DEPOSITS ADVANCES PROFITABILITY CASA + Dep <3Cr: (₹ in cr) Customer Assets1: (₹ in cr) Profitability: RoE* (%) RoA* (%) 12.82 2,50,355 2,44,666 2,54,208 2,65,722 12.00 2,40,508 YoY growth: 15% 11.68 2,17,214 QoQ growth: 4% 11.01 10.30 Yo
Slide 8: Stable Credit Metrics
Stable Credit Metrics Decadal best Gross NPA & Net NPA at 1.72% & 0.42% with credit cost - contained at 0.47% GNPA (%) NNPA (%) PCR (%)1 1.95 0.49 0.48 0.48 1.84 1.91 1.83 0.44 75.37 1.72 0.42 75.14 74.21 74.41 73.45 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q3
Slide 9: Asset quality trends
Asset quality trends Std Restructured Ac Net NPA ₹ in cr Broad resilience in asset quality; portfolio remains well-contained. 1,205 1,255 Provision Coverage Ratio 1,040 at 75% 1,131 2,830 1,068 2,027 1,427 1,560 1,140 Recovery & Upgradation Q4 FY23 Q4 FY24 Q4 FY25 Q3 FY25 Q3 FY26 of ₹ 246 Cr in Q3 M
Slide 10: Key ratios
Key ratios Improving Profitability and Efficiency Trends Cost of Deposits, Cost of Funds, Net interest margin (%)* Cost to income ratio (%) Yield on Advances (%) 3.12 3.18 56.69 54.89 9.39 3.11 3.06 53.12 54.04 53.92 9.31 9.04 2.94 8.86 8.74 6.01 6.06 5.85 5.61 5.50 5.92 5.98 5.78 5.57 5.48 Q3 FY25
Slide 11: Key P&L parameters
Key P&L parameters Core Earnings at All Time Highs ₹ in cr Net interest income Fee Income & Other income 1,113 1,082 1,100 2,653 1,006 2,431 2,377 2,495 916 2,337 197 204 205 326 160 886 896 756 800 786 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Fee Income Non-Fe
Slide 12: Comparison: Y-o-Y
CASA Strength, Fee Momentum, and Comparison: Y-o-Y Improving Asset Quality Drive Performance ₹ in cr Retail* BuB* CVCE* COB* 1% 8% 26% 25% Advances 68,551 -> 69,186 Gold* 18,871 -> 20,381 Agri & Allied* 4,235 -> 5,343 MFI* 22,591 -> 28,177 CIB* -1% 12% 4% 9% 31,426 -> 35,221 8,137 -> 8,464 4,125 ->
Slide 13: Comparison: Q-o-Q
Operational Strength Sustained; Higher CASA, Comparison: Q-o-Q NII and Fee Income Drive Performance ₹ in cr Retail* BuB* CVCE* COB* 0.5% 4% 6% 5% Advances 68,863 -> 69,186 Gold* 19,632 -> 20,381 Agri & Allied* 5,048 -> 5,343 MFI* 26,747 -> 28,177 CIB* 9% 1% 1% 6% 32,323 -> 35,221 8,349 -> 8,464 4,02
Slide 14: Liability trends
Liability trends Sustained Deposit Momentum; Healthy CASA Growth Deposits : Period End (₹ in cr) CA, SA & CASA End Period (₹ in cr) and CASA ratio (%) CASA + Deposits < 3Cr Other CA SA XX CASA Ratio (%) 32.07 2,97,796 30.23 2,83,647 YoY growth: 12% 29.38 30.16 95,498 2,66,375 2,52,534 32.68 85,757 8
Slide 15: Credit portfolio distribution
Credit portfolio distribution Momentum continues in chosen medium yield segments Customer Assets (₹ in cr) Yield on advances (%) Corporate* Commercial* Retail Book* 9.39 2,65,722 2,44,666 2,47,076 2,48,932 2,54,208 94,886 YoY growth: 9% 86,730 87,585 87,326 89,223 8.86 8.74 22,591 23,723 25,028 26,7
Slide 16: Advances Portfolio
Advances Portfolio Stable and Diversified Loan Portfolio with Strong Retail–SME Contribution Loan book by interest rate type(%) EBM Fixed MCLR Others (Retail, Gold & SME)* as % of loan book (₹ in cr) 47% 3,00,000 62.6% 62.3% 62.4% 2,50,000 62.2% 33% 61.8% 62.0% 2,00,000 61.8% 61.5% 61.6% 1,50,000 61
Slide 17: Retail Banking
Retail Banking Disciplined growth sustained despite intense competition in segment Retail book (₹ in cr) 4,064 4,125 4,112 3,939 4,023 4,235 4,644 4,858 5,048 8,464 5,343 Retail book mix (Dec-25) 8,137 8,208 8,240 8,349 18,871 19,194 19,632 20,381 18,963 4%3% 31,426 30,505 31,262 32,323 35,221 6% Re
Slide 18: Commercial/ Corporate Banking
Commercial/ Corporate Banking Focused Expansion with Improved Mix Portfolio mix incl Cr Substitutes (Dec-25) Non Retail Book (₹ in cr) Q3 FY26, Q3 FY25, Commercial*, Commercial*, 23% Commercial* Corporate* 21% 1,23,063 1,11,308 1,12,354 1,15,970 1,09,321 Q3 FY25, Corporate*, 79% Q3 FY26, YoY growth:
Slide 19: Asset Book – Trend Analysis
Asset Book – Trend Analysis Asset Book Transformation – Focused Rebalancing in Play 3.1% 1.6% 3.0% 1.7% Credit Cards* 4,270 Gross 24% Gross advances 43.0% Dec-24 52.2% Advances Dec-25 51.0% YoY growth (INRcr) 44.4% Share Personal Loans* 3,668 -3% Gross advances YoY growth (INRcr) Small Business loan
Slide 20: Select high/medium margin lending products
Select high/medium margin lending products Disbursements: CV / CE Credit Cards 776 ₹cr ✓ Tie-up with all major OEMs (Q3 FY26) 5,048 5,343 Portfolio (₹ in cr) PSL: 4,025 4,270 YoY Portfolio (₹ in cr) 4,235 YoY 3,444 24% Cards Issued: Qtr: 26% 82% QoQ QoQ 6% 2.45 Lakhs 6% Avg. ticket size: Q3 FY25 Q2
Slide 21: Rating distribution
Rating distribution Strong rating mix underpins asset quality stability Rating distribution (CIB) Rating distribution (advances excluding CIB) External rating of CIB advances Internal rating of advances excluding CIB Q3 FY26 19% 14% 1% 9% 1% 8% Q3 FY26 4% Q2 FY26 4% 15% 32% 15% 32% 76% 72% Q2 FY26 1
Slide 22: Broad-based fee momentum
Broad-based fee momentum Diversified and granular fee income ₹ in Cr Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 QoQ YoY Commissions & Exchanges 84 89 91 98 94 -4% 12% Insurance distribution income 53 78 65 108 94 -13% 77% Processing fees & Other charges from loans 181 177 155 190 212 11% 17% Other serv
Slide 23: Capital position
Capital position Strong Capital Position Supporting a Self-Funded Growth Strategy ₹ in Cr Sep-25 Dec-25 Risk weighted assets Credit risk 1,95,837 2,03,887 Market risk 4,034 3,346 Operational risk 20,619 20,619 Total RWA 2,20,490 2,27,852 Tier-I capital funds 31,674 31,642 Tier-II capital funds 2,963
Slide 24: Distribution: Deriving efficiency from footprint
Distribution: Deriving efficiency from footprint Continuous investment in expanding Pan India footprint 1 Dec-25 Dec-24 Dec-25 1 14% 17% Banking 1,601 40 14% 18% 1,550 3 4 Outlets# 33 29 2 ATMs/ 2,094 Sep-25 2,054 15 36 17 20% 20% Recyclers* 11 3 3 49% LITE BRANCH 67 18 10 36 2 2 49% HEAVY DISTRIBUT
Slide 25: Innovation through partnerships
Innovation through partnerships Deposit Instant Digital Partners Loans EMIs and Credit Merchant Cards Payments Gold Loan and Cross Border Priority Remittance Lending Partners Support Support Systems Systems Collaborative Partnerships Powering Innovation and Customer Value 24
Slide 26: Digitization as a Multiplier
Digitization as a Multiplier HUMAN AT THE CORE Feddy is Live on 707 Edu. Institutions onboarded to 360 Approx 10 Lakh Queries answered Fee collection 93.81% RPA Processes running by Feddy in this Solution Transactions QTR “Careerbook” Serviced Digitally (Retail Digital Assistant - Feddy 28K(Cr) + Co
Slide 27: Digitization Major Initiatives
Digitization Major Initiatives as a Multiplier BBPS Bill Payments on CBDC: Bill Payments via Feddy ➢ Enabled bill payments on ➢ Launched WhatsApp-based CBDC across key utility conversational bill payments with categories via Bharat Connect. instant bill fetch and UPI payment. ➢ Expands CBDC use beyo
Slide 28: Digital migration
Digital migration Branch vs. Digital Transactions (in Lakhs) 250 94.00% 93.81% 202.48 189.90 93.50% 200 93.28% 161.80 161.30 93.00% 150 92.57% 92.50% 100 92.02% 92.00% 50 91.50% 14.26 12.90 13.68 13.36 - 91.00% Mar-25 Jun-25 Sep-25 Dec-25 Transactions through Branch (Lakhs) Transactions through Digi
Slide 29: Corporate Digital Products
Corporate Digital Products Active Users Corporate Txn Vol (₹ in Cr) 80 ,00 0 70 ,00 0 69,021 61,064 7,303 8,005 9659.3 60 ,00 0 6,512 52,191 53,203 50 ,00 0 40 ,00 0 43,573 6,513 30 ,00 0 3,199 2,687 20 ,00 0 10 ,00 0 7561 3200 830 832 0 Mar-25 Jun-25 Sep-25 Dec-25 Mar-25 Jun-25 Sep-25 Dec-25 FEDCOR
Slide 30: Digital lending and card spends
Digital lending and card spends Digital Personal Card spends (₹ in Cr)2 Loans (ETB)1 1,50,000 15 00 Credit Cards – Market share 1,41,788 1,41,788 1,41,605 1,347 2,150 4,40 0 1,309 Cards O/s: Spends: 2,20 0 1,34,051 1,40,000 1,32,843 1,30,664 13 00 1,201 1,30,000 4,20 0 1,106 1,941 1,901 2.25% 1.54%
Slide 31: Other highlights – Preferential Warrant Issue
Other highlights – Preferential Warrant Issue Landmark Strategic Investment by Blackstone - Marquee anchor investor onboarded • ₹ 6,197 Cr investment via warrants • Federal Bank has secured a strategic minority investment from Blackstone through the issuance of convertible warrants, which upon full
Slide 32: Other highlights – Fortune Wave
Other highlights – Fortune Wave Refreshed brand identity unveiled Signifying - Authenticity | Prosperity | Togetherness The Fortuna Wave ➢ Federal Bank unveiled The Fortuna Wave, a refreshed brand identity that marks the next phase of the Bank’s evolution, aligned with its aspiration to be more cont
Slide 33: Appendix
Federal Bank
Slide 34: Balance sheet & shareholding pattern
Balance sheet & shareholding pattern ₹ in Cr Sep-25 Dec-25 Share holding pattern (Dec-25) LIABILITIES Capital 492 492 Reserves & surplus 34,564 35,591 Deposits 2,88,920 2,97,796 24.69 Borrowings 17,967 16,331 Other liabilities & provisions 14,137 16,481 37.78 TOTAL 3,56,080 3,66,691 ASSETS Cash & ba
Slide 35: Financials
Financials ₹ in Cr Q3 FY25 Q2 FY26 Q3 FY26 Q-o-Q Y-o-Y Interest income 6,809 6,742 6,868 2% 1% Interest expenses 4,377 4,247 4,215 -1% -4% Net interest income 2,431 2,495 2,653 6% 9% Other income 916 1,082 1,100 2% 20% Operating expense 1,778 1,933 2,024 5% 14% Total income 7,725 7,824 7,968 2% 3% T
Slide 36: Key Indicators
Key Indicators Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Book Value 130.69 134.87 138.35 141.58 145.76 (Per Share in ₹) Shareholder value EPS 15.45 17.02 14.07 15.42 16.79 (annualized) CASA + Deposits < ₹3Cr Granularity (% of Total Deposits) 82% 81% 82% 83% 84% ROA % 1.14 1.24 1.00 1.09 1.15 Profitabi
Slide 37: Fresh slippages break up
Fresh slippages break up ₹ in cr Fresh slippages NPA Composition Retail Agri BuB CV/CE CoB CIB Q3 FY25 Q2 FY26 Q3 FY26 Business NPA NPA NPA 658 13 3 Gross NPA 22 579 Retail 1,760 1,583 1,534 77 23 Agri/MFI 1,014 1,378 1,406 48 486 483 BuB 777 765 741 0 23 41 26 435 CV/CE 81 113 120 60 19 5 18 0 37 2
Slide 38: Top Sectors in Advance Portfolio as per Basel 3 Disclosure
Top Sectors in Advance Portfolio as per Basel 3 Disclosure# Infrastructure (Pertaining to 10.36 Industries Sector Only) Industry 30.74% All Engineering 2.7 Chemicals and Chemical Products 2.68 Retail Loans 29.26% (Dyes, Paints, etc.) Food Processing 2.59 Services 28.52% Textiles 2.67 Basic Metal and
Slide 39: Top 20 concentration as a percentage of portfolio
Top 20 concentration as a percentage of portfolio Improving granularity across Borrower and Depositor base 10.65 10.32 10.11 10.03 8.43 7.93 7.88 7.51 7.43 7.38 7.03 7.09 6.66 5.92 5.47 5.4 4.81 4.85 Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 % Top 20 Borrowers % Top 20 Depositor
Slide 40: Group companies
Group companies Federal Operations & Services (FedServ) Subsidiary 100% ▪ A wholly owned subsidiary company of Federal Bank ▪ Provides operational & technology-oriented services to Federal Bank ▪ Located at Bangalore, Visakhapatnam, Indore & Kochi ▪ Designed to deliver excellence in service, mitigat
Slide 41: Fedbank Financial Services
Fedbank Financial Services Subsidiaries – Q3FY26 update NPAs Gross NPA and Net NPA stands Disbursals at 2.1% & 1.4%, respectively. ₹8,606 Cr disbursed in Q3 FY26, reflecting growth of 95.8% YoY. KEY HIGHLIGHTS ❑ 60.8% stake held by Federal Bank Limited ❑ ROA and ROE reported at 2.5% and Low Credit C
Slide 42: Corporate governance & ESG snapshot
Corporate governance & ESG snapshot Strong & Diverse 11 73% Total Board Independent Strong Board & Diverse Board Members Directors Women Women Focus on Gender 42% 9% Representation Representation diversity in workforce in the Board Cybersecurity Awareness Social Responsibility Governance Structure S
Slide 43: ESG performance snapshot
ESG performance snapshot Finance women Public Commitments Grow green portfolio In-house solar power Water conservation Bank Premises to be Gender diversity ratio entrepreneurs – size generation capacity capacity green certified (Women) BC Channel Greater than or Target metric ₹ 13,000 Cr 750kWp 2 La
Slide 44: Award-winning franchise & other initiatives / highlights
Award-winning franchise & other initiatives / highlights Festive Season Campaign : Rishton ke Naam Federal Bank – Pune Marathon Federal Bank wins Awards / IGBC Platinum & Gold Federal Bank wins 'Best in Class' Award for FedOne Green Certifications Recognitions for Federal Towers, at the Global Finte
Slide 45: External ratings
External ratings Fixed Deposits (short term) and Certificate of Deposits enjoy highest rating in that class Fixed Deposit A1+ (Short term) Fixed Deposit AAA Certificate of Deposit A1+ India Ratings Tier 2 (Capital) Bonds & Research Pvt Ltd, IND AA+ CARE AA+ CARE Infrastructure Bonds IND AA+ CARE AA+
Slide 46: Thank You
Thank You