Bank of Maharashtra Share Price Surges Over 6% to 52-Week High Following Strong Q4 Results
Bank of Maharashtra Share Price Jumps 6% After Strong Q4 Results
Bank of Maharashtra, a public sector lender, reported a net profit of ₹2,014 crore in the fourth quarter of FY26, registering a growth of 35% year-on-year (YoY). This impressive performance led to a significant surge in the bank's share price, with a rally of as much as 6.26% to ₹80.40 apiece on the BSE.
The state-run lender's net interest income (NII) in Q4FY26 increased 18.81% to ₹3,702 crore from ₹3,116 crore, YoY. This growth was even more pronounced on a sequential basis, with NII rising 8.19%. The bank's asset quality also improved during the March quarter, with lower gross and net non-performing assets (NPAs). Credit costs continued to sustain below 1%, with asset quality improving in the agri segment.
In addition to its strong Q4 results, Bank of Maharashtra also announced a final dividend of ₹1.20 per equity share for the year 2025-26. The bank's ability to maintain a stable margin profile, coupled with improving asset quality, has made it an attractive investment opportunity.
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Earnings Performance
| Metric | Q4FY26 | Q4FY25 | YoY Growth |
|---|---|---|---|
| Net Interest Income (NII) | ₹3,702 crore | ₹3,116 crore | 18.81% |
| Net Profit | ₹2,014 crore | ₹1,493 crore | 35% |
Bank of Maharashtra's strong earnings performance has led to a significant increase in its share price. The stock has gained 21% in one month and rallied 25% on a year-to-date (YTD) basis. The PSU bank's stock surged 32% in six months, and has jumped 56% in one year. Bank of Maharashtra shares have delivered multibagger returns of 250% over the past five years.
At 10:30 AM, Bank of Maharashtra share price was trading 4.69% higher at ₹79.21 apiece on the BSE. HDFC Securities, a leading brokerage firm, has reiterated a 'Buy' call on the stock, and raised its FY27E-FY28E estimates by ~4%. The firm has also raised Bank of Maharashtra share price target to ₹90 per share from ₹80 earlier.
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Investor Takeaway
Investors may consider buying the stock due to strong Q4 results and improving asset quality.
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