Highlights:
- Bank’s Global Business has crossed a milestone of INR 27 lakh crore as of 31st March 2025.
- Standalone Net Profit rises to all time high of INR 19,581 crore in FY25, 10.1% growth YoY.
- Net Profit for the consolidated entity crossed milestone of INR 20,000 crore and stands at INR 20,716 crore for FY25.
- The growth in profitability was supported by 14.8% YoY growth in Non-Interest Income to INR 16,647 crore in FY25.
- Operating Profit registered a growth of 4.7% YoY and stands at INR 32,435 crore in FY25.
- Return on Assets (ROA) remains above 1% and stands at 1.16% for FY25.
- Return on Equity (ROE) stands at 16.96% for FY25.
- Global Net Interest Margin (NIM) for FY25 is 3.02% with Domestic NIM at 3.18%.
- Bank continues to maintain strong Asset quality with reduction in GNPA by 66 bps YoY to 2.26% from 2.92% in FY24. Bank’s NNPA also reduced by 10 bps YoY to 0.58% in FY25 as against 0.68% in FY24. Lowest GNPA and NNPA in past 13 years.
- Slippage ratio reduced by 21 bps YoY to 0.78% for FY25.
- BOB’s balance sheet remains robust with healthy Provision Coverage Ratio (PCR) of 93.29% with TWO & at 74.87% without TWO.
- Credit cost remains below 1% at 0.47% for FY25.
- BOB’s Global Advances registered a growth of 12.8% YoY and Domestic advances grew by 13.7% in FY25 led by robust retail loan book growth.
- Bank’s organic Retail Advances grew by 19.4%, driven by strong growth across segments such as Auto Loan (20.3%), Mortgage Loan (18.9%), Home Loan (17.3%), Education Loan (15.9%).
- Share of Retail, Agri Loans and MSME loans (RAM) in advances improved by 190 bps YoY to 59.6%. RAM portfolio grew by 17.5% in FY25.
- Bank’s Board has recommended to declare a dividend of 418%, subject to requisite approvals.
Profitability
- Net Profit for FY25 stands at INR 19,581 crore (+10.1% YoY) as against INR 17,789 crore in FY24.
- Net Interest Income for FY25 registered a growth of 2.1% and stands at INR 45,659 crore.
- Non-Interest Income for FY25 stands at INR 16,647 crore up by 14.8% YoY.
- Global NIM for FY25 stands at 3.02% with Domestic NIM at 3.18%.
- Operating Profit for FY25 increased by 4.7% to INR 32,435 crore.
- Cost to Income ratio stands at 47.94% for FY25.
- Return on Assets stands at 1.16% for FY25.
- Return on Equity stands at 16.96% for FY25
Asset Quality
- The Gross NPA of the Bank reduced by 12.6% YoY to INR 27,835 crore in FY25 and Gross NPA Ratio improved to 2.26% in FY25 from 2.92% in FY24.
- The Net NPA Ratio of the Bank stands at 0.58% in FY25 as compared with 0.68% in FY24.
- The Provision Coverage Ratio of the Bank stood at 93.29% including TWO and 74.87% excluding TWO for FY25.
- Slippage ratio declined to 0.78% for FY25 as against 0.99% in FY24.
- Credit cost stands at 0.47% for FY25.
Capital Adequacy
- CRAR of the Bank stands at 17.19%% in Mar’25. Tier-I stood at 14.79% (CET-1 at 13.78%, AT1 at 1.01%) and Tier-II stood at 2.40% as of Mar’25.
- The CRAR and CET-1 of consolidated entity stands at 17.60% and 14.28% respectively
- The Liquidity Coverage Ratio (LCR) consolidated stands at 123% (approx.).
Business Performance
- Domestic Advances of the Bank increased to INR 10,21,112 crore, +13.7% YoY.
- Global Advances of the Bank increased to INR 12,30,461 crore, +12.8% YoY.
- Domestic Deposits increased by 9.3% YoY to INR 12,42,169 crore in Mar’25.
- Global Deposits increased by 10.3% YoY to INR 14,72,035 crore.
- Domestic CASA deposits registered a growth of 6.4% YoY and stands at INR 4,96,462 crore as of 31st March 2025.
- International Deposits grew by 15.8% on a YoY basis to INR 2,29,866 crore in Mar’25.
- Organic Retail Advances grew by 19.4%, led by strong growth across segments such as Auto Loan (20.3%), Mortgage Loan (18.9%), Home Loan (17.3%), Education Loan (15.9%) on a YoY basis.
- Agriculture loan portfolio grew by 14.2% YoY to INR 1,58,324 crore.
- Organic MSME portfolio grew by 14.2% YoY to INR 1,36,377 crore.
- Corporate advances registered a growth of 8.6% YoY and stands at INR 4,12,274 crore.