Bank of Baroda Q4 Results: Net profit up 3%, NII, NIM decline

Q4 Results: Public sector lender Bank of Baroda (BoB) on Tuesday, May 6, reported a 3.3 per cent year-on-year (YoY) rise in its Q4FY25 standalone net profit to ₹5,048 crore compared to ₹4,886 crore in the same quarter of the last fiscal. The bank's total income for the quarter under review rose 6.15 per cent YoY to ₹35,851.85 crore from ₹33,774.87 crore.

Operating profit of the bank remained almost flat (up 0.3 per cent YoY) at ₹8,132 crore against ₹8,106 crore in Q4FY24.

Net interest income for the quarter declined 6.6 per cent YoY to ₹11,020 crore from ₹11,793 crore in the same quarter last year. Net interest margin (NIM) for the quarter dropped 41 bps to 2.86 per cent from 3.27 per cent in Q4FY24.

Return on assets (RoA) for the quarter decreased to 1.16 per cent from 1.25 per cent YoY, while return on equity (RoE) decreased to 17.49 per cent from 20.83 per cent YoY.

BoB's gross non-performing assets (GNPA) ratio declined 66 bps year over year to 2.26 per cent in Q4FY25 from 2.92 per cent in Q4FY24.

Net non-performing assets (NNPA) ratio also dropped 10 bps YoY to 0.58 per cent in Q4FY25 from 0.68 per cent in the corresponding quarter of the previous financial year.

Capital adequacy ratio - a key financial metric to measure how much capital a bank has relative to its risk-weighted assets- rose 88 bps YoY to 17.19 per cent from 16.31 per cent.

For the full financial year, the bank's net profit rose 10.1 per cent YoY to ₹19,581 crore from ₹17,789 crore.

NII for FY25 increased 2.1 per cent YoY to ₹45,659 crore from ₹44,722 crore in FY24. NIM declined 16 bps to 3.02 per cent in FY25 from 3.18 per cent in FY24.

The bank's domestic gross advances increased 13.7 per cent YoY to ₹10,21,112 crore, while organic retail advances increased 19.4 per cent YoY to ₹2,56,633 crore. International advances increased 8.8 per cent YoY to ₹2,09,349 crore.

Domestic deposits by the end of Q4FY25 stood at ₹12,42,169 crore, up 9.3 per cent YoY. On the other hand, international deposits increased 15.8 per cent YoY to ₹2,29,866 crore.

Bank of Baroda Q4 dividend

The bank's board also announced a dividend of ₹8.35 per share. The record date for the dividend has been fixed as June 6.

“The bank has fixed a record/cut off date of 6th June 2025 for the purpose of dividend payment. Hence, shareholders having shares as on the cut date i.e 6th June 2025, shall be eligible for dividend payment,” BoB said in a filing today.

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