Bank of Maharashtra Share Price Jumps up to 5.5%; Here’s Why

DSIJ Intelligence/ 20 Apr 2026 /Categories: Mindshare, Quarterly Results, Trending

Bank of Maharashtra Share Price Jumps up to 5.5%; Here’s Why

Bank of Maharashtra reports 27 per cent rise in FY26 net profit to Rs 7,019 crore, with improved asset quality and capital adequacy of 18.36 per cent.

✨ AI Powered Summary

On Monday, Bank-of-maharashtra-132525">Bank of Maharashtra's share price was trading at Rs 75.54, up 3.86 per cent from the previous close of Rs 72.73, following the announcement of its Q4FY26 financial results.

Every portfolio needs a growth engine. DSIJ’s Flash News Investment (FNI) provides weekly stock market insights and recommendations, tailored for both short-term traders and long-term investors. Download PDF Service Note Here

Bank of Maharashtra Q4FY26 Results: QoQ and YoY Performance

On a QoQ basis, total income increased to Rs 8,693 crore in Q4FY26 from Rs 8,277 crore in Q3FY26. Interest income rose to Rs 7,755 crore from Rs 7,344 crore, while non-interest income remained largely stable at Rs 938 crore compared to Rs 933 crore in the previous quarter. Operating profit increased by 7.7 per cent QoQ to Rs 2,946 crore from Rs 2,736 crore. Provisions declined to Rs 932 crore from Rs 956 crore. Profit after Tax (PAT) stood at Rs 2,014 crore, rising from Rs 1,779 crore in Q3FY26.

On a YoY basis, total income increased by 13 per cent to Rs 8,693 crore in Q4FY26 from Rs 7,711 crore in Q4FY25. Interest income grew by 15 per cent YoY, while non-interest income declined marginally by 4 per cent. Operating profit rose by 16.9 per cent YoY to Rs 2,946 crore, and PAT increased by 34.9 per cent YoY to Rs 2,014 crore from Rs 1,493 crore.

Bank of Maharashtra FY26 Annual Financial Performance

For the full financial year FY26, total income increased to Rs 32,823 crore from Rs 28,402 crore in FY25, marking a growth of around 16 per cent.

Profit after tax stood at Rs 7,019 crore, compared to Rs 5,520 crore in FY25, registering a growth of 27 per cent YoY. Operating profit rose to Rs 10,826 crore, up 16 per cent YoY.

Business Growth and Key Metrics

The bank reported strong business growth, with total business rising by 17.47 per cent YoY to Rs 6,42,531 crore as of March 31, 2026. Total deposits increased by 14.14 per cent YoY to Rs 3,50,564 crore, while global advances grew by 21.74 per cent YoY to Rs 2,91,967 crore. CASA deposits stood at Rs 1,84,087 crore, with CASA ratio at 52.51 per cent.

Bank of Maharashtra Asset Quality and Ratios

Asset quality improved during the year, with gross NPA declining to 1.45 per cent from 1.74 per cent YoY. Net NPA stood at 0.13 per cent compared to 0.18 per cent in the previous year.

Return on Assets (ROA) improved to 1.97 per cent in Q4FY26 from 1.78 per cent, while cost-to-income ratio moderated to 36.51 per cent from 38.50 per cent.

About Bank of Maharashtra

Bank of Maharashtra is a public sector bank headquartered in Pune, India. Established in 1935, the bank operates under the ownership of the Government of India and provides a wide range of banking and financial services across retail, corporate, MSME, agriculture, and treasury segments.

As of March 31, 2026, the bank has a strong domestic presence with an extensive branch network and growing digital banking capabilities. It focuses on credit growth across retail, agriculture, and MSME (RAM) segments, which form a significant portion of its loan book.