Karnataka Bank Ltd

Karnataka Bank announced that the Board of Directors of the Company at its meeting held on 19 May 2026, inter alia, have recommended the final dividend of Rs 5 per equity Share (i.e. 50%) , subject to the approval of the shareholders.

The key equity benchmarks traded with moderate losses in morning trade weak global cues. Investor sentiment remained under pressure as the rupee weakened further amid uncertainty in West Asia. Persistent inflation concerns also impacted market sentiment. Nifty traded below the 23,550 level. Media shares witnessed profit booking after advancing in the past trading session. At 10:25 IST, the barometer index, the S&P BSE Sensex declined 407.20 points or 0.54% to 74,799.96 The Nifty 50 index fell 110.90 points or 0.47% to 23,507.50. In the broader market, the BSE 150 MidCap Index shed 0.43% and the BSE 250 SmallCap Index dropped 0.55%. The market breadth was weak. On the BSE, 1,136 shares rose and 1,806 shares fell. A total of 146 shares were unchanged. In the foreign exchange market, the rupee lowered against the dollar. The partially convertible rupee was hovering at 96.8825 compared with its close of 96.7000 during the previous trading session. It also touched an all-time intraday low of 96.9575 in early trade. In the commodities market, Brent crude for July 2026 settlement declined 62 cents or 0.56% to $110.66 a barrel. Earnings Today: Grasim Industries(down 1.31%), Apollo Hospitals Enterprise(up 0.04%), Lenskart Solutions(up 0.04%), Ola Electric Mobility(up 1.34%), Bosch(down 1.35%), Jubilant FoodWorks, (down 1.08%), Dr Agarwals Eye Hospital(down 0.32%), Eris Lifesciences(up 2.99%), HCL Infosystems(up 0.43%), Honeywell Automation India(up 0.03%), International Gemological Institute(up 0.50%), Kwality Walls (India), Medplus Health Services (up 0.16%), Metro Brands( down 0.91%), Samvardhana Motherson International (up 0.11%) and Whirlpool of India (down 0.34%) will announce their quarterly earnings today. Buzzing Index: Nifty Media index declined 2.02% to 1,391.85. The index rose 1.18% in the past trading session. Zee Entertainment Enterprises (down 5.34%), Sun TV Network (down 1.98%), Network 18 Media & Investments (down 1.65%), PVR Inox (down 1.45%), Nazara Technologies (down 0.92%), D B Corp (down 0.9%), Saregama India (down 0.77%), Hathway Cable & Datacom (down 0.59%), Prime Focus (down 0.43%) declined. Stocks in Spotlight: ASK Automotive declined 1.09%. The company reported a 24.2% increase in consolidated net profit to Rs 72 crore in Q4 FY26 from Rs 58 crore in Q4 FY25. Total income increased 35.3% YoY to Rs 1,154 crore in the quarter ended 31 March 2026. Karnataka Bank rose 2.25 after the private sector lender reported strong growth in quarterly profitability, supported by higher net interest income, improving margins and better asset quality. The bank reported a standalone net profit of Rs 408.19 crore in Q4 FY26, up 61.74% YoY and 40.37% QoQ. Total income fell 2.4% YoY to Rs 2,656.18 crore in Q4 FY26 while increasing 5.31% QoQ from Rs 2,522.35 crore.Powered by Capital Market - Live

The bank reported a standalone net profit of Rs 408.19 crore in Q4 FY26, up 61.74% YoY and 40.37% QoQ. Total income fell 2.4% YoY to Rs 2,656.18 crore in Q4 FY26 while increasing 5.31% QoQ from Rs 2,522.35 crore. Net interest income (NII) for the quarter stood at Rs 842.95 crore in Q4 FY26, up 7.98% YoY from Rs 780.68 crore in Q4 FY25 and 6.43% QoQ from Rs 792.06 crore in Q3 FY26. Net interest margin (NIM) improved to 3.07% in Q4 FY26 from 2.98% in Q4 FY25 and 2.92% in Q3 FY26. The bank's provisions (other than tax) and contingencies surged 190.67% to Rs 90.34 crore in Q4 FY26 as against Rs 31.08 crore in Q4 FY25. Operating profit stood at Rs 615.04 crore in Q4 FY26, up 64% YoY from Rs 375.02 crore in Q4 FY25 and 36.13% QoQ from Rs 451.80 crore in Q3 FY26. As of 31 March 2026, the bank's aggregate business (gross) stood at Rs 1,92,118.67 crore, registering growth of 5.12% YoY and 5.91% QoQ. Aggregate deposits rose 3.79% YoY and 4.48% QoQ to Rs 108,778.75 crore, while gross advances increased 6.9% YoY and 7.84% QoQ to Rs 83,339.92 crore. CASA deposits grew 9.85% YoY to Rs 36,559.66 crore as of 31 March 2026 from Rs 33,281 crore as of 31 March 2025 and increased 11.36% QoQ from Rs 32,828.70 crore as of 31 December 2025. The CASA ratio stood at 33.61% as of 31 March 2026 compared with 31.75% a year ago and 31.53% in the previous quarter. On the asset quality front, the bank's gross non-performing assets (NPAs) declined 3.38% YoY to Rs 2,320.93 crore as of 31 March 2026 from Rs 2,402.08 crore as of 31 March 2025 and fell 9.53% QoQ from Rs 2,565.31 crore as of 31 December 2025. Net NPAs declined 20.04% YoY to Rs 803.22 crore from Rs 1,004.55 crore in Q4 FY25 and fell 19.25% QoQ from Rs 994.70 crore in Q3 FY26 The ratio of gross NPAs declined to 2.78% as of 31 March 2026 from 3.08% as of 31 March 2025 and 3.32% as of 31 December 2025. The ratio of net NPAs fell to 0.98% as of 31 March 2026 from 1.31% as of 31 March 2025 and 1.31% as of 31 December 2025. Provision coverage ratio (PCR) improved by 212 bps YoY and 264 bps QoQ to 83.54% as of 31 March 2026 from 81.42% a year ago and 80.90% in the previous quarter. Raghavendra S Bhat, managing director & CEO of the Karnataka Bank, said, 'The bank has achieved an all-time high annual net profit of Rs 1,310.50 crore, reflecting the strength of its resilient business model, focused growth strategy, and continued emphasis on operational efficiency. The asset quality of the bank has also improved significantly, supported by sound lending practices, effective recovery mechanisms, and sustained monitoring of the loan portfolio. Further, the bank has achieved an all-time high aggregate business turnover of Rs 192,118.67 crore, underlining the strong momentum in both deposits and advances and reaffirming the confidence reposed by customers and stakeholders. The bank said its strategic focus will remain on building a high-quality and diversified credit portfolio, improving operational efficiency through technology and analytics-driven initiatives, enhancing low-cost deposits, and strengthening digital capabilities to deliver a seamless customer experience. The bank also aims to deepen its presence across key markets by leveraging its distribution network and strengthening customer engagement. Further, the bank said it will continue to focus on cross-sell and up-sell opportunities through a comprehensive customer-centric product suite while maintaining strong governance standards and a prudent risk management framework to ensure sustainable and profitable growth.' The bank's board has recommended a final dividend of Rs 5 per equity share for FY26, equivalent to 50% of the face value of Rs 10 each, subject to shareholders' approval at the ensuing annual general meeting. Karnataka Bank, a leading 'A' class scheduled commercial bank in India, was incorporated on 18th February 1924 at Mangaluru.Powered by Capital Market - Live

Net profit of Karnataka Bank rose 61.61% to Rs 408.25 crore in the quarter ended March 2026 as against Rs 252.62 crore during the previous quarter ended March 2025. Total Operating Income declined 0.05% to Rs 2257.32 crore in the quarter ended March 2026 as against Rs 2258.46 crore during the previous quarter ended March 2025. For the full year,net profit rose 2.98% to Rs 1310.75 crore in the year ended March 2026 as against Rs 1272.84 crore during the previous year ended March 2025. Total Operating Income declined 1.06% to Rs 8917.83 crore in the year ended March 2026 as against Rs 9013.60 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Total Operating Income2257.322258.46 0 8917.839013.60 -1 OPM %68.2361.71 -67.8967.40 - PBDT524.76344.25 52 1658.351641.13 1 PBT524.76344.25 52 1658.351641.13 1 NP408.25252.62 62 1310.751272.84 3 Powered by Capital Market - Live

Karnataka Bank has allotted 8,537 equity shares under ESOS on 14 May 2026.

Karnataka Bank will hold a meeting of the Board of Directors of the Company on 19 May 2026.

Through this partnership, the bank aims to strengthen digital payment options for its customers. Shri Raghavendra S. Bhat, MD & CEO, of Karnataka Bank, said, 'This partnership aligns with our vision of becoming the 'Digital Bank of the Future.' Pine Labs offers user-friendly and reliable PoS solutions that play a vital role in today's digital payment ecosystem. This collaboration will enable our retail and MSME customers to seamlessly access advanced PoS terminals, thereby promoting digital adoption and driving mutual growth.' Raja BS, chief operating officer of the bank, said, 'Karnataka Bank always works to meet the needs of its customers. With this new tie-up, the bank will be able to offer next-generation digital payment solutions. 'We encourage our customers to take advantage of this service, which will now be available at all our branches across the country. Karnataka Bank provides a wide range of banking and financial services, including retail and corporate banking and para-banking activities, as well as treasury and foreign exchange operations. The bank reported a 2.5% increase in standalone net profit to Rs 290.79 crore on a 0.51% decline in total income to Rs 2,522.35 crore in Q3 FY26 compared with Q3 FY25. The scrip rose 0.68% to currently trade at Rs 251.65 on the BSE.

The bank's deposits increased 4.5% on a sequential basis from Rs 104,111.52 crore as on 31 December 2025. CASA stood at Rs 36,621.16 crore, up 10% YoY and 11.5% QoQ. The CASA ratio improved to 33.65% as of 31 March 2026 from 31.75% a year ago and 31.53% in the previous quarter. The bank's gross advances rose 6.9% YoY to Rs 83,336.92 crore and increased 7.8% QoQ. Karnataka Bank provides a wide range of banking and financial services, including retail and corporate banking and para-banking activities, as well as treasury and foreign exchange operations. The bank reported a 2.5% increase in standalone net profit to Rs 290.79 crore on a 0.51% decline in total income to Rs 2,522.35 crore in Q3 FY26 compared with Q3 FY25. The scrip declined 2% to currently trade at Rs 225.70 on the BSE.

Karnataka Bank has allotted 8,113 equity shares under ESOS on 05 March 2026. Powered by Capital Market - Live

Net interest income (NII) for the quarter was at Rs 792.06 crore, down 0.09% from Rs 792.78 crore posted in Q3 FY25. Net interest margin (NIM) reduced to 2.92% in Q3 FY26 compared with 3.02% reported in the corresponding quarter of the previous year. The bank's provisions (other than tax) and contingencies surged 13.24% to Rs 94.86 crore in Q3 FY26 as against Rs 83.77 crore in Q3 FY25. Operating profit was at Rs 451.80 crore in Q3 FY26, up 4.32% from Rs 433.07 crore in Q3 FY25. As of 31 December 2025, the bank's aggregate business (gross) reached Rs 1,81,394.37 crore, reflecting a modest 1.97% YoY growth. Deposits rose 4.08% YoY to Rs 1,04,111.52 crore, while gross advances slipped 0.74% YoY to Rs 77,282.85 crore. The ratio of gross NPAs was at 3.32% as of 31 December 2025, compared to 3.11% as of 31 December 2024. The ratio of net NPAs was at 1.31% as of 31 December 2025, compared to 1.39% as of 31 December 2024. Provision coverage ratio (PCR) increased by 26 bps to 80.90% as of 31 December 2025 from 80.64% as of 31 December 2024. The Capital Adequacy Ratio of the bank improved to 19.94% in Q3 FY26 compared to 17.64% in Q3 FY25. In line with RBI's revised draft guidelines, the liquidity coverage ratio as of December 31, 2025, stood at 186.84%. Raghavendra S. Bhat, managing director & CEO of the Karnataka Bank, said, 'We reiterate that our focus on the RAM (retail, agri, and MSME) segments and pursuing a strong base in low-cost deposits has started accruing benefits for the bank. As the bank has energized the distribution ecosystem by building rigor into the processes, the accretion of a high-quality credit portfolio is now visible. In parallel, digital transformation initiatives are gaining traction, with the development of new products and platforms to enhance customer experience and improve operational efficiency. Various analytical tools have now been embedded into core business processes, enabling analytics-driven decision-making and supporting predictive and strategic use cases to drive efficiency and deeper insights across the bank, he said, adding, 'Our mission and vision remain firmly anchored as we advance our objectives with renewed clarity and momentum.' Karnataka Bank provides a wide range of banking and financial services, including retail and corporate banking and para-banking activities, as well as treasury and foreign exchange operations. Shares of Karnataka Bank fell 0.90% to Rs 203.75 on the BSE.Powered by Capital Market - Live