Karnataka Bank Ltd Share Price – NSE /  BSE

Banks, Small Cap

Karnataka Bank has entered into a strategic partnership with the Tobacco Board, Government of India, to provide customized financial solutions to registered tobacco growers across Karnataka on 29 May 2026.

Under this initiative, Karnataka Bank will offer a dedicated suite of banking and credit facilities designed specifically to meet the financial requirements of tobacco farmers registered with the Tobacco Board. The initiative aims to facilitate timely access to credit, promote financial inclusion, and support the sustainable growth of the tobacco farming community.

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.

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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.

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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.

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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.

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