UCO Bank Q3 net profit rises 15.8%

UCO Bank announced the financial results for the quarter ended on December 31, 2025 on Saturday, January 17. The lender reported a 15.76% year-on-year increase in net profit for the December quarter to ₹739.51 crore, compared to ₹638.83 crore in the corresponding period a year ago.

The lender’s total income for the December quarter rose to ₹7,521.16 crore, up from ₹7,405.89 crore in the year-ago period, while interest earned rose to ₹6,651.84 crore as against ₹6,219.96 crore, according to the exchange filing.

UCO Bank, headquartered in Kolkata, reported an operating profit increase of 5.96% to ₹1,680.24 crore in October-December, up from ₹1,585.69 crore in the same period last year.

Meanwhile, provisions and contingencies dropped to ₹525.12 crore in the quarter ending December, down from ₹589.51 crore, it stated.

UCO Bank showed progress in asset quality, with gross non-performing assets (NPA) decreasing to 2.41% as of December 31, down from 2.91% last year. The gross NPAs amounted to ₹5,867.25 crore, compared to ₹6,081.55 crore during the same period last year.

Net NPAs also improved, dropping to 0.36% at ₹852.55 crore from 0.63% at ₹1,283.13 crore.

The lender's capital adequacy ratio was 17.43 per cent as of December 31, improving from 16.25 per cent reported in the corresponding period of the previous year.

As of December 31, 2025, UCO Bank had a total of 3,327 domestic branches, along with 2 overseas branches in Hong Kong and Singapore, and one Representative Office in Iran. Approximately 61.25% of domestic branches are located in rural and semi-urban areas.

UCO Bank's operating profit rose by 11.92% to ₹4,856 crore as on December 31 2025, on a Y-o-Y basis, as against ₹4,339 Crore for the same period the previous year. The lender's net profit rose by 9.70% to ₹1967 crore for the period under review, on a Y-o-Y basis, against ₹1793 crore for the nine months ended December 31, 2024.

Net interest income (NII) grew by 9.38% on a year-over-year (Y-o-Y) basis to ₹7,582 crore for the nine months ended on December 31, 2024, as against ₹6,932 crore for the corresponding period previous year.

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IDBI Bank Q3 Net profit at ₹1,935 crore

 

On Saturday, January 17, IDBI Bank Ltd. released its third-quarter earnings. From ₹1,908.3 crore the year before, its net profit rose 1.4% to ₹1,935.5 crore. In the third quarter of last year, the lender's net interest income (NII) was ₹4,228.2 crore, a 24% decrease from ₹4,209.5 crore. 

Net non-performing assets (NPA) of IDBI Bank decreased to ₹425.3 crore from ₹474.2 crore in the preceding quarter.Its net non-performing assets (NPA) margin decreased from 0.21% in the preceding quarter to 0.18%. 

Its gross non-performing assets (NPA) rose to ₹6,281 crore from ₹6,242 crore during the second quarter. The gross non-performing asset (NPA) of the lender decreased sequentially from 2.65% to 2.57%.

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ICICI Bank Q3 net profit falls 4 percent on-year

Despite stable core operating performance and better asset quality, ICICI Bank reported on Saturday a 4% year-over-year fall in standalone net profit for the fiscal third quarter due to a significant increase in provisions. 

For the quarter ending December 31, 2025 (Q3 FY26), the nation's second-largest private sector lender reported a standalone net profit of Rs 11,317.9 crore, up from Rs 11,792.4 crore in the same quarter the previous year. 

Net interest margin was 4.30 percent in Q3 FY26, up from 4.25 percent in the same period last year and 4.30 percent in Q2 FY26, while net interest income (NII) grew 7.7 percent year over year to Rs 21,932 crore from Rs 20,371 crore in Q3 FY25.

Operating expenses rose 13.2 percent year-on-year to Rs 11,944 crore from Rs 10,552 crore. The bank said this included Rs 145 crore of provisions on an estimated basis pursuant to the new Labour Codes. Treasury movements also weighed on the quarter, with the bank reporting a treasury loss of Rs 157 crore, compared with a gain of Rs 371 crore in Q3 FY25.

Core operating profit grew 6.0 percent year-on-year to Rs 17,513 crore in Q3 FY26, reflecting steady growth in net interest income and fee income.

Asset quality improved slightly, with the gross NPA ratio at 1.53 percent as of December 31, 2025, compared with 1.58 percent at September 30, 2025 and 1.96 percent a year earlier. The Gross NPAs fell to Rs 23,758 crore from Rs 27,745 crore a year ago.

The net NPA ratio stood at 0.37 percent at December 31, 2025, versus 0.39 percent at September 30, 2025 and 0.42 percent at December 31, 2024.

Provisions (excluding provision for tax) rose to Rs 2,556 crore in Q3 FY26 from Rs 1,227 crore in Q3 FY25. The bank said this included an additional standard asset provision of Rs 1,283 crore, made pursuant to the Reserve Bank of India’s annual supervisory review, in respect of a portfolio of agricultural priority sector credit facilities where the terms were found not to be fully compliant with regulatory requirements for classification as agricultural priority sector lending.

The domestic loan portfolio grew 11.5 percent year-on-year to Rs 14.31 lakh crore at December 31, 2025. Including profits for the nine months ended December 31, 2025, the bank said total capital adequacy ratio was 17.34 percent and CET-1 ratio was 16.46 percent on a standalone basis at December 31, 2025.

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HDFC Bank Q3 net profit rises 11.5% YoY

Despite some pressure on margins, HDFC Bank announced an 11.5 percent year-over-year increase in standalone net profit for the fiscal third quarter on Saturday. This increase was bolstered by consistent growth in core earnings, good deposit accretion, and stable asset quality. 

For the quarter ending December 31, 2025, the nation's biggest private sector lender reported a profit after tax of Rs 18,654 crore, up from Rs 16,736 crore during the same period the previous year. The core income parameter of HDFC Bank, net interest income (NII), rose 6.4% to Rs 32,620 crore in Q3 FY26 from Rs 30,650 crore in the same quarter last year. During the quarter, the core net interest margin was 3.51 percent on interest-earning assets and 3.35 percent on total assets.

Throughout the period, asset quality did not change. As of December 31, 2025, gross non-performing assets (GNPA) was Rs 35,179 crore, up from Rs 36,019 crore the previous year. 

From 1.42 percent during the same time last year, the gross non-performing asset (NPA) ratio decreased to 1.24 percent. The net NPA ratio decreased to 0.42 percent from 0.46 percent, while net NPAs fell to Rs 11,982 crore from Rs 11,588 crore in the previous year.

The quarter's operating costs came to Rs 18,770 crore. Operating costs were Rs 17,970 crore, up from Rs 17,110 crore during the same period last year, excluding a projected Rs 800 crore impact from employee benefits under the New Labour Code. During the quarter, the bank's core cost-to-income ratio was 39.2%. 

For the quarter, provisions and contingencies were Rs 2,840 crore, a decrease of more than 10% from the same period last year. The release of Rs 1,040 crore in contingent provisions, which were mostly connected to a sizable borrower group fulfilling certain requirements, assisted with this. The December quarter's overall credit cost ratio, excluding this release, was 0.55 percent.

On the balance sheet, HDFC Bank’s total size expanded to Rs 40.89 lakh crore as of December 31, 2025, compared with Rs 37.59 lakh crore a year earlier. End-of-period deposits stood at Rs 28.6 lakh crore, up 11.6 percent from a year earlier. CASA deposits increased 10.1 percent to Rs 9.61 lakh crore, comprising 33.6 percent of total deposits. Time deposits grew 12.3 percent year-on-year to Rs 18.99 lakh crore.

Gross advances as of December 31, 2025 were Rs 28.45 lakh crore, reflecting an 11.9 percent year-on-year increase. Advances under management grew 9.8 percent over the previous year, with retail loans rising 6.9 percent, small and mid-market enterprise loans growing 17.2 percent, and corporate and other wholesale loans increasing 10.3 percent. Overseas advances accounted for 1.7 percent of total advances.

The bank’s capital position remained strong, with the total capital adequacy ratio at 19.9 percent under Basel III norms, well above the regulatory requirement of 11.9 percent. Tier-1 capital adequacy stood at 17.8 percent, while the common equity Tier-1 ratio was 17.4 percent.

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Indian Overseas Bank(IOB) Q3 Net profit jumps 56% YoY

Indian Overseas Bank (IOB) reported its financial results for the quarter ending on December 31, 2025, on Wednesday, January 14. The IOB share price was trading nearly 2% up to ₹36.02 apiece after the company released third quarter results.

The bank posted a 56% year-on-year (YoY) rise in its net profit to ₹1,365 crore in the December quarter FY26, from ₹873.6 crore in the same quarter previous year.

Operating performance also rose 14.87% YoY to ₹2,603 crore in Q3FY26 from ₹2,266 crore in Q3FY25. On a cumulative basis, operating profit for the nine months reached ₹7,361 crore, reflecting a healthy increase of 21.27%.

IOB's Net Interest Income (NII) recorded solid growth, increasing 18.29% YoY to ₹3,299 crore in Q3FY26, compared with ₹2,789 crore in the year-ago quarter. For the nine-month period, NII stood at ₹9,104 crore, up 17.20% year-on-year, supported by improved margins and balance sheet growth.

Domestic net interest margin (NIM) rose to 3.42% in Q3FY26 from 3.35% in Q2FY26, while return on assets (ROA) improved to 1.28% from 0.93% in Q3FY25. The cost-to-income ratio stood at 45.74% in Q3FY26, reflecting disciplined cost management.

Asset quality improved during the period, with the gross NPA ratio declining by 101 basis points YoY to 1.54%. The net NPA ratio also strengthened, falling by 18 basis points YoY to 0.24%.

The Bank’s total business rose by ₹1.01 lakh crore to ₹6.44 lakh crore as of December 2025, reflecting a strong year-on-year growth of 18.71%.

During the same period, CASA deposits recorded a healthy 7.8% YoY increase, reaching ₹1.43 lakh crore by December 2025.

Strengthening its pan-India footprint, the Bank added 116 new branches over the past year, between December 2024 and December 2025, taking its total branch network from 3,322 to 3,438 as of December 2025.

Of these 3,438 domestic branches, a significant 2,000—around 58%—are located in rural and semi-urban areas, underscoring the Bank’s focus on expanding access and deepening its reach beyond urban centres.

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Union Bank of India Q3 Net profit rises 9%

State-owned Union Bank of India on Wednesday (January 14) reported a 9% year-on-year (YoY) surge in net profit at ₹5,017 crore for the third quarter that ended December 31, 2025. In the corresponding quarter of the previous fiscal, Union Bank of India posted a net profit of ₹4,604 crore, the bank said in a regulatory filing.

Net interest income (NII), representing the gap between the interest a bank generates from loans and the interest it compensates depositors, rose by 1%, reaching ₹9,328 crore compared to ₹9,241 crore in the same quarter of FY25.

In an exchange filing, the bank reported that the Gross NPA decreased by 79 basis points year-on-year to 3.06%, while the Net NPA fell by 31 basis points year-on-year to 0.51% as of December 31, 2025.

The total business of the bank saw a growth of 5.04% compared to the same period last year, as of December 31, 2025. Gross advances experienced a year-on-year increase of 7.13%, while total deposits grew by 3.36% on a year-on-year basis.

As of December 31, 2025, the total business of Union Bank of India reached ₹22,39,740 crore. The bank's global deposits rose by 3.36% year-on-year, amounting to ₹12,22,856 crore.

The bank also announced strong capital adequacy metrics. As of December 2025, the capital-to-risk-weighted assets ratio was 16.49%. Meanwhile, the CET-1 ratio rose to 13.94%, up from 13.59% the previous year.

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