Slides
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Investor Information Q3 FY 2026
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Disclaimer 2 IMPORTANT: This presentation has been prepared by The Federal Bank Limited (the “Bank”) solely for information purposes, without regard to any specific objectives, financial situations or informational needs of any particular person. All information contained has been prepared solely by the Bank. No information contained herein has been independently verified by anyone else. This presentation may not be copied, distributed, redistributed or disseminated, directly or indirectly, in any manner. This presentation does not constitute an offer or invitation, directly or indirectly, to purchase or subscribe for any securities of the Bank by any person in any jurisdiction. No part of it should form the basis of or be relied upon in connection with any investment decision or any contract or commitment to purchase or subscribe for any securities. Any person placing reliance on the information contained in this presentation or any other communication by the Bank does so at his or her own risk and the Bank shall not be liable for any loss or damage caused pursuant to any act or omission based on or in reliance upon the information contained herein. No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not current after the date of this presentation. Further, past performance is not necessarily indicative of future results. This presentation is not a complete description of the Bank. This presentation may contain statements that constitute forward-looking statements. All forward looking statements are subject to risks, uncertainties and assumptions that could cause actual results to differ materially from those contemplated by the relevant forward-looking statement. Important factors that could cause actual results to differ materially include, among others, future changes or developments in the Bank’s business, its competitive environment and political, economic, legal and social conditions. Given these risks, uncertainties and other factors, viewers of this presentation are cautioned not to place undue reliance on these forward-looking statements. The Bank disclaims any obligation to update these forward-looking statements to reflect future events or developments. Except as otherwise noted, all of the information contained herein is indicative and is based on management information, current plans and estimates in the form as it has been disclosed in this presentation. Any opinion, estimate or projection herein constitutes a judgment as of the date of this presentation and there can be no assurance that future results or events will be consistent with any such opinion, estimate or projection. The Bank may alter, modify or otherwise change in any manner the content of this presentation, without obligation to notify any person of such change or changes. The accuracy of this presentation is not guaranteed, it may be incomplete or condensed and it may not contain all material information concerning the Bank. This presentation is not intended to be an offer document or a prospectus under the Companies Act, 2013 and Rules made thereafter , as amended, the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended or any other applicable law. Figures for the previous period / year have been regrouped wherever necessary to conform to the current period’s / year’s presentation. Total in some columns / rows may not agree due to rounding off. Note: All financial numbers in the presentation are from Audited Financials or Limited Reviewed financials or based on Management estimates. Except for the historical information contained herein, statements in this release which contain/may contain words or phrases such as “will”, “aim”, “will likely result”, “would”, “believe”, “may”, “expect”, “will continue”, “anticipate”, “estimate”, “intend”, “plan”, “contemplate”, “seek to”, “future”, “objective”, “goal”, “strategy”, “philosophy”, “project”, “should”, “will pursue” and similar expressions or variations of such expressions may constitute "forward-looking statements". These forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward-looking statements. These risks and uncertainties include, but are not limited to our ability to successfully implement our strategy, future levels of non-performing loans, our growth and expansion, the adequacy of our allowance for credit losses, our provisioning policies, technological changes, investment income, cash flow projections, our exposure to market risks as well as other risks. The Federal Bank Limited undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date thereof.
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Business parameters 01 02 03 04 TABLE OF CONTENTS Key highlights Pages 04-12 13-22 Distribution strategy and digital journey 23-31 Appendix 32-44 3
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Operating fundamentals remain strong and steady 4 ROA 1.15 % ROE 11.68 % EPS ₹ 16.79 BVPS ₹ 145.76 NIM 3.18 % Cost to Income 53.92 % Credit Cost 47 bps Slippage Ratio 0.70% Balance Sheet ₹ 3.67 Lakh Cr CRAR 15.20 % PCR 75.14 % Fee Income ₹ 896 Cr KEY HIGHLIGHTS FOR Q3FY26 NIM & ROA recovers to Dec-24 levels Operating Profit ₹ 1,729 crs Highest Ever Fee Income ₹ 896 crs Net Interest Income ₹ 2,653 crs
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Q3FY26 – Executing with Focus 5 Asset engine reshaped for better yield CASA franchise scaling new peaks Fee momentum accelerating Asset quality hits decadal best 1.95 1.84 1.91 1.83 1.72 0.49 0.44 0.48 0.48 0.42 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 GNPA NNPA 30.16 30.23 30.35 31.01 32.07 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 0.9 0.96 0.92 1.01 0.99 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 51.0%44.4% 3.1% 1.6% Dec-2552.2%43.0% 3.0% 1.7% Dec-24 High Yielding Medium Yielding Low YieldingVery High Yielding Advances Book mix Fee to Average Assets CASA Ratio
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2,17,214 2,40,508 2,50,355 Q3 FY25 Q2 FY26 Q3 FY26 Durable growth strategy anchored in profitability and prudence 6 Deposit mobilization continues Advances growth diversified ADVANCES Customer Assets1: DEPOSITS CASA + Dep <3Cr: (₹ in cr) ✓ CASA grew by 6.6% on a QoQ basis ✓ Resident SB book grew by 5.7% on a QoQ basis ✓ NRE SB grew by 4.6% on a QoQ basis. ✓ Total SB grew by 5.4% on a QoQ basis. ✓ Total Deposits grew by 3.1% on a QoQ basis. PROFITABILITY Profitability: Sustained Improvement in Profitability RoE* (%) RoA* (%)(₹ in cr) YoY growth: 9% QoQ growth: 5% *Annualized 1Customer Assets includes Credit Substitutes and excludes IBPC/ BRDS 2Corporate and Institutional Banking 3Commercial Banking 4Commercial Vehicle/ Construction Equipment finance *Credit segments are based on internal classifications and are realigned at the beginning of every FY. Vertical wise advance figures includes Credit Substitutes and excludes IBPC/ BRDS.. YoY growth: 15% QoQ growth: 4% ✓ Retail Book# up by 3.2% QoQ ✓ Business Banking book# up by 3.8% QoQ ✓ CIB2 # grew by 6.3% QoQ ✓ CoB3 # grew by 5.3% QoQ ✓ CV/CE4 # up by 5.8% QoQ ✓ Agri & Allied up by 1.4% QoQ ✓ RoRWA at 2.03% ✓ Profit per employee at ₹ 24 lakh ✓ Business per employee at ₹ 32.33 Cr. NII growth continues to outgrow Balance Sheet growth 12.00 12.82 10.30 11.01 11.68 1.14 1.24 1.00 1.09 1.15 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 2,44,666 2,54,208 2,65,722 Q3 FY25 Q2 FY26 Q3 FY26
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Stable Credit Metrics 7 NNPA (%)GNPA (%) PCR (%)1 Risk adjusted NIM (%)* 1.95 1.84 1.91 1.83 1.72 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 0.49 0.44 0.48 0.48 0.42 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 74.21 75.37 74.41 73.45 75.14 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 2.68 2.87 2.46 2.69 2.83 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Credit cost (%)* 0.58 0.26 0.65 0.50 0.47 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 *Annualised 1Excluding TWO #Credit segments are based on internal classifications and are realigned at the beginning of every FY. Vertical wise advance figures includes Credit Substitutes and excludes IBPC/ BRDS.. Decadal best Gross NPA & Net NPA at 1.72% & 0.42% with credit cost - contained at 0.47% Credit cost excluding MFI is 0.29% for Q3 FY26 Slippage rate (%)* 1.33 1.32 1.90 1.48 1.22 0.16 0.17 0.06 0.26 0.04 0.83 0.82 1.09 0.94 0.70 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Retail# Wholesale# Bank#
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Mar-21 Mar-22 Mar-23 Std Restructured Ac Net NPA 1,560 1,140 1,131 1,068 Q3 FY25 Q3 FY26 Asset quality trends Gross NPA as on 30.09.2025 4,532 Add Fresh Slippage 435 Add Increase in Balances in Existing NPAs 8 Deduct Recoveries/ Upgrades/ Reduction in existing NPA/ Sale to ARC 246 Deduct Written Off 282 Gross NPA as on 31.12.2025 4,447 Provision Coverage Ratio at 75% Movement of NPA Broad resilience in asset quality; portfolio remains well-contained. Provisions in Q3 Credit Cost at 47 bps for Q3 FY26 Recovery & Upgradation of ₹ 246 Cr in Q3 Loan Loss 294 Investment Loss -7 Standard Accounts 47 Other Purposes -2 Total Provisions 332 8 ₹ in cr 2,830 2,027 1,427 1,205 1,255 1,040 Q4 FY23 Q4 FY24 Q4 FY25
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9 Key ratios RoA (%)* 1.14 1.24 1.00 1.09 1.15 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 RoE (%)* 12.00 12.82 10.30 11.01 11.68 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Net interest margin (%)* 3.11 3.12 2.94 3.06 3.18 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Cost to income ratio (%) 53.12 56.69 54.89 54.04 53.92 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 *Annualized Cost of Deposits, Cost of Funds, Yield on Advances (%) 5.92 5.98 5.78 5.57 5.48 6.01 6.06 5.85 5.61 5.50 9.39 9.31 9.04 8.86 8.74 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 CoD* CoF* YoA* Improving Profitability and Efficiency Trends CRAR (%) 15.16 16.4 16.03 15.71 15.20 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26
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Net interest income Fee Income & Other income Operating Profit Net profit Key P&L parameters 10 ₹ in cr 2,431 2,377 2,337 2,495 2,653 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 756 800 786 886 896 160 205 326 197 204 916 1,006 1,113 1,082 1,100 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Fee Income Non-Fee Other Income 955 1,030 862 955 1,041 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 1,569 1,465 1,556 1,644 1,729 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Highest ever Core Earnings at All Time Highs
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Comparison: Y-o-Y 11 ₹ in cr Performance Net Interest Income 9% 2,431 -> 2,653 Fee Income 19% 756 -> 896 9% 9% 9% 9% 9% Operating Profit 1,569 -> 1,729 10% Net Profit 9% 955 -> 1,041 Deposits CASA 19% 80,345 -> 95,498 CASA Ratio 191 bps 30.16 -> 32.07 NRE Deposits 10% 79,718 -> 87,402 Ratios Gross NPA % -23 bps 1.95 -> 1.72 Net NPA % -7 bps 0.49 -> 0.42 PCR %# 93 bps 74.21 -> 75.14 Cost Income Ratio 53.12 -> 53.92 80 bps #Excluding TWO *Credit segments are based on internal classifications and are realigned at the beginning of every FY. Vertical wise advance figures includes Credit Substitutes and excludes IBPC/ BRDS. Advances Retail* 1% 68,551 -> 69,186 Gold* 12% 31,426 -> 35,221 BuB* 8% 18,871 -> 20,381 CVCE* 26% 4,235 -> 5,343 COB* 25% 22,591 -> 28,177 CIB* 9% 86,730 -> 94,866 -1% MFI* 4,125 -> 4,064 4% Agri & Allied* 8,137 -> 8,464 15% Average CASA 75,816 -> 87,230 Total Deposits 12% 266,375 -> 297,796 CASA Strength, Fee Momentum, and Improving Asset Quality Drive Performance
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Comparison: Q-o-Q 12 ₹ in cr Advances Retail* 0.5% 68,863 -> 69,186 Gold* 9% 32,323 -> 35,221 BuB* 4% 19,632 -> 20,381 CVCE* 6% 5,048 -> 5,343 COB* 5% 26,747 -> 28,177 CIB* 6% 89,223 -> 94,886 1% MFI* 4,023 -> 4,064 1% Agri & Allied* 8,349 -> 8,464 Deposits CASA 7% 89,591 -> 95,498 CASA Ratio 106 bps 31.01 -> 32.07 NRE Deposits 2% 86,055 -> 87,402 Performance Net Interest Income 6% 2,495 -> 2,653 886 -> 896 Fee Income 1% Operating Profit 1,644 -> 1,729 5% Net Profit 9% 955 -> 1,041 Ratios Gross NPA % -11 bps 1.83 -> 1.72 Net NPA % 0.48 -> 0.42 PCR %# 169 bps 73.45 -> 75.14 Cost Income Ratio 54.04 -> 53.92 -12 bps 4% Average CASA 84,063 -> 87,230 288,920 -> 297,796 Total Deposits 3% Operational Strength Sustained; Higher CASA, NII and Fee Income Drive Performance #Excluding TWO *Credit segments are based on internal classifications and are realigned at the beginning of every FY. Vertical wise advance figures includes Credit Substitutes and excludes IBPC/ BRDS. . -6 bps
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21.06 19.30 18.67 18.42 19.72 FY22 FY23 FY24 FY25 H1 FY26 2,13,386 2,52,534 2,83,647 2,66,375 2,97,796 Q4 FY23 Q4 FY24 Q4 FY25 Q3 FY25 Q3 FY26 CASA + Deposits < 3Cr Other 86% 82% 81% 82% 84% 14,289 15,239 20,562 16,199 21,268 55,452 58,961 65,195 64,146 74,230 69,741 74,200 85,757 80,345 95,498 Q4 FY23 Q4 FY24 Q4 FY25 Q3 FY25 Q3 FY26 CA SA 32.68 29.38 30.23 30.16 32.07 Liability trends CA, SA & CASA End Period (₹ in cr) and CASA ratio (%) 13 Deposits : Period End (₹ in cr) NRE deposits (₹ in cr) YoY growth: 16% YoY growth: 31% 70,571 76,029 83,297 79,718 87,402 Q4 FY23 Q4 FY24 Q4 FY25 Q3 FY25 Q3 FY26 1 Market share calculated based on (i) Federal Bank’s remittances data, and (ii) Preliminary data from RBI report on balance of payment (Statement II: Standard Presentation of India's Balance of Payments) YoY growth: 12% Remittance Market share (%)1 YoY growth: 10% Sustained Deposit Momentum; Healthy CASA Growth CASA Ratio (%)XX
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9.39 8.86 8.74 Q3 FY25 Q2 FY26 Q3 FY26 27% 13% 8% 3% 2% 2% 11% 34% Retail* Gold* BuB* Agri & Allied* CV/CE* MFI* Commercial* Corporate* 14 Credit portfolio distribution Customer Assets mix (Dec-25) Customer Assets (₹ in cr) YoY growth: 5% YoY growth: 25% 55% 11% 34% Retail Book* Commercial* Corporate* *Credit segments are based on internal classifications and are realigned at the beginning of every FY. Vertical wise advance figures includes Credit Substitutes and excludes IBPC/ BRDS. Momentum continues in chosen medium yield segments Yield on advances (%) YoY growth: 9% 1,35,345 1,35,768 1,36,578 1,38,238 1,42,659 22,591 23,723 25,028 26,747 28,177 86,730 87,585 87,326 89,223 94,886 2,44,666 2,47,076 2,48,932 2,54,208 2,65,722 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Corporate* Commercial* Retail Book*
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15 Advances Portfolio (Retail, Gold & SME)* as % of loan book (₹ in cr) *Retail includes Housing, LAP, Auto, PL, CC & Other Retail. SME includes BuB & CoB #Credit segments are based on internal classifications and are realigned at the beginning of every FY. Vertical wise advance figures includes Credit Substitutes and excludes IBPC/ BRDS. MCLR Split Loan book by interest rate type(%) 47% 33% 8% 11% EBM Fixed MCLR Others 0.1% 0.4% 1.1% 1.2% 5.7% MCLR - Overnight MCLR - 1M MCLR - 3M MCLR - 6M MCLR - 1Y Stable and Diversified Loan Portfolio with Strong Retail–SME Contribution 62.3% 61.8% 61.1% 61.5% 61.1% 60.4% 60.6% 60.8% 61.0% 61.2% 61.4% 61.6% 61.8% 62.0% 62.2% 62.4% 62.6% 0 50,000 1,00,000 1,50,000 2,00,000 2,50,000 3,00,000 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Retail Gold CV/CE BuB CoB Gross Advances (Retail + SME)/Gross Advances
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35,967 36,617 36,459 36,120 36,004 7,086 7,175 7,118 7,206 7,528 8,470 8,605 8,629 8,572 8,619 3,774 3,789 3,737 3,658 3,668 3,444 3,550 3,850 4,025 4,270 9,811 9,599 9,292 9,282 9,097 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Housing LAP Auto Personal Credit Card Other# 68,551 69,335 69,085 68,863 69,186 31,426 30,505 31,262 32,323 35,221 18,871 18,963 19,194 19,632 20,381 8,137 8,208 8,240 8,349 8,464 4,235 4,644 4,858 5,048 5,343 4,125 4,112 3,939 4,023 4,064 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Retail* Gold* BuB* Agri & Allied* CV/CE* MFI* Retail Banking ● BuB loans grew at 3.82% QoQ ● LAP loans grew at 4.47% QoQ ● CV/CE loans grew at 5.84% QoQ ● Gold loans grew at 8.96% QoQ ● Credit Cards grew at 6.08% QoQ 16 Retail book (₹ in cr) #Other includes Staff loans, Retail Assignments, Education loans, AAD/AAS etc #Credit segments are based on internal classifications and are realigned at the beginning of every FY. Vertical wise advance figures includes Credit Substitutes and excludes IBPC/ BRDS. Disciplined growth sustained despite intense competition in segment Retail book mix (Dec-25) 48% 25% 14% 6% 4%3% Retail* Gold* BuB* Agri & Allied* CV/CE* MFI* Retail advances mix (₹ in cr)
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22,591 23,723 25,028 26,747 28,177 86,730 87,585 87,326 89,223 94,886 1,09,321 1,11,308 1,12,354 1,15,970 1,23,063 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Commercial* Corporate* Commercial/ Corporate Banking 17 Portfolio mix incl Cr Substitutes (Dec-25) Non Retail Book (₹ in cr) *Credit segments are based on internal classifications and are realigned at the beginning of every FY. Vertical wise advance figures includes Credit Substitutes and excludes IBPC/ BRDS.. Focused Expansion with Improved Mix Wholesale Banking Self-Funding level Q3 FY25, Commercial*, 21% Q3 FY25, Corporate*, 79% Q3 FY26, Commercial*, 23% Q3 FY26, Corporate*, 77% Commercial* Corporate* YoY growth: 25% YoY growth: 9% ● Supply Chain Finance book up by 11.4% QoQ ● CIB (excl.credit substitutes) book grew by 6.31% QoQ ● CoB book grew by 5.4% QoQ 30% 36% 40% 35% 34% Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26
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Asset Book – Trend Analysis 18 Small Business loans (BuB+CB)* 17% YoY growth CV/CE* 26% YoY growth Credit Cards* 24% YoY growth Personal Loans* -3% YoY growth Micro Advances* -1% YoY growth 5,343 Gross advances (INRcr) 3,668 Gross advances (INRcr) 4,270 Gross advances (INRcr) 4,064 Gross advances (INRcr) 48,558 Gross advances (INRcr) YoY growth for gross advances as of Dec-25 52.2%43.0% 3.0% 1.7% 51.0%44.4% 3.1% 1.6% Dec-24 Dec-25 Gross Advances Share 45.3% 46.0% 4.5% 4.2% 44.3% 47.7% 4.5% 3.5% Dec-24 Dec-25Int Income Share High Yielding CC | PL Medium Yielding Core Agri | CoB Auto | Gold | LAP | BuB | CV/CE Low Yielding Housing CIB (incl IBU) Very High Yielding Micro Advances *Credit segments are based on internal classifications and are realigned at the beginning of every FY. Vertical wise advance figures includes Credit Substitutes and excludes IBPC/ BRDS. . Asset Book Transformation – Focused Rebalancing in Play 52.2%43.0% 3.0% 1.7% Dec-24
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Select high/medium margin lending products 19 CV / CE 26% 6% YoY QoQ ✓ Tie-up with all major OEMs Portfolio (₹ in cr) Disbursements: 776 ₹cr (Q3 FY26) Avg. ticket size: ₹ 28L PSL: 82% 4,235 5,048 5,343 Q3 FY25 Q2 FY26 Q3 FY26 Micro Advances -1% 1% YoY QoQ 4,095 4,023 4,064 Q3 FY25 Q2 FY26 Q3 FY26 *Credit segments are based on internal classifications and are realigned at the beginning of every FY. Vertical wise advance figures includes Credit Substitutes and excludes IBPC/ BRDS.. No of customers: Network: 29 BC partners ~1000 BC outlets Reach: 23 states 2 UT 12L+ 99%+ women Cards Issued: Qtr: 2.45 Lakhs Credit Cards Tonnage: 54.90 59.73% 12% 9% YoY QoQ 31,426 32,323 35,221 Q3 FY25 Q2 FY26 Q3 FY26 Gold loans Yield 10.21% LTV: 54.11% Portfolio (₹ in cr) Portfolio (₹ in cr) Portfolio (₹ in cr) 24% 6% YoY QoQ 3,444 4,025 4,270 Q3 FY25 Q2 FY26 Q3 FY26
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4% 15% 18% 31% 32% 4% 15% 18% 31% 32% 1) FBR1 2) FBR2/FBR3 3) FBR4 4) FBR5/FBR6 5) OTHERS 76% 9% 1% 14% 72% 8% 1% 19% A & Above BBB <BBB OTHERS Rating distribution External rating of CIB advances Internal Rating of ‘OTHERS’ (Externally unrated CIB from above table) Does not account for sale via IBPC 1 Includes exempted category (Eg Loans against liquid security). Rating Q2 FY26 Q3 FY26 FBR1 12% 6% FBR2/FBR3 1% 7% FBR4 16% 10% Below FBR4 & unrated1 71% 78% 20 Q2 FY26 Q3 FY26 Rating distribution (advances excluding CIB)Rating distribution (CIB) Q2 FY26 Q3 FY26 Internal rating of advances excluding CIB Strong rating mix underpins asset quality stability
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Broad-based fee momentum 21 Diversified and granular fee income ₹ in Cr Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 QoQ YoY Commissions & Exchanges 84 89 91 98 94 -4% 12% Insurance distribution income 53 78 65 108 94 -13% 77% Processing fees & Other charges from loans 181 177 155 190 212 11% 17% Other service charges 394 409 425 407 461 13% 17% Forex and Derivatives (Client) 44 49 51 82 36 -56% -18% Fee income 756 801 786 886 896 1% 19% Treasury income 92 88 265 113 126 11% 37% Other non fee income 69 118 62 84 78 -7% 13% Total other income 916 1006 1,113 1,082 1,100 2% 20% Highest ever fee income
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Capital position 22 Strong Capital Position Supporting a Self-Funded Growth Strategy ₹ in Cr Sep-25 Dec-25 Risk weighted assets Credit risk 1,95,837 2,03,887 Market risk 4,034 3,346 Operational risk 20,619 20,619 Total RWA 2,20,490 2,27,852 Tier-I capital funds 31,674 31,642 Tier-II capital funds 2,963 3,002 Total capital funds 34,637 34,644 CRAR 15.71% 15.20% Tier-I 14.37% 13.88% Tier-II 1.34% 1.32%
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18% 20% 49% 14% 17% 20% 49% 14% Metro Urban Semi-urban Rural 67 623 273 127 43 6 18 30 11 36 36 40 15 29 4 17 10 3 4 2 3 3 2 33 5 38 2 117 1 1 Sep-25 Dec-25 Distribution: Deriving efficiency from footprint 23 2 Continuous investment in expanding Pan India footprint Dec-25Dec-24 Banking Outlets# ATMs/ Recyclers* 1,550 2,054 2,094 1,601 LITEBRANCH HEAVY DISTRIBUTION RMs 1,218 1,507 Driven by alternate channels Direct Sales Agents Business Correspondents *Including Cash Recyclers #Including Extension counters 1.64 1.82 1.90 1.89 1.82 Q4 FY23 Q4 FY24 Q4 FY25 Q3 FY25 Q3 FY26 Customers (No in Cr):
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Innovation through partnerships Deposit Partners Instant Digital Loans Credit Cards EMIs and Merchant Payments Support Systems Support Systems Gold Loan and Priority Lending Cross Border Remittance Partners Collaborative Partnerships Powering Innovation and Customer Value 24
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Approx 10 Lakh Queries answered by Feddy in this QTR 707 Edu. Institutions onboarded to Fee collection Solution “Careerbook” 28K(Cr) Retail Mobile Banking Volume/Month 360 RPA Processes running 790 Total APIs made available 15.8L Active FedMobile Users (monthly) Note: Data as on Dec-25 unless specified otherwise Feddy is Live on Digital Assistant - Feddy 0.72% 4.37% Debit Card Application 15.10% KYC Upload (Share of Service Requests received through Fed-e-Point for Dec-25) 15 G/H Corporate Digital Channels Volume/Month Digitization as a Multiplier HUMAN AT THECORE 25 73K(Cr) 93.81% Transactions Serviced Digitally (Retail + Corporate) 62 L unique QR Merchants 89.36% Of Corporate Txns serviced Digitally
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26 Digitization as a MultiplierMajor Initiatives BBPS Bill Payments on CBDC: ➢ Enabled bill payments on CBDC across key utility categories via Bharat Connect. ➢ Expands CBDC use beyond P2P and merchant transactions in line with RBI’s vision Bill Payments via Feddy ➢ Launched WhatsApp-based conversational bill payments with instant bill fetch and UPI payment. ➢ Delivers faster, simpler bill payments through a chat-led banking experience Next Best Offers (NBO) & Next Best Communications (NBC) on Feddy ➢ Behavior- and eligibility-led personalized prompts embedded within customer journeys. ➢ Improves conversion and engagement with negligible incremental cost. FedCorp – Monthly Transaction Value > ₹9,000 crore ➢ Monthly transaction value reached ₹9,946 crore, crossing ₹9,000 crore for the first time. ➢ Accounted for 34% of total mobile banking transaction volumes.
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Digital migration 27 Branch vs. Digital Transactions (in Lakhs) Mobile banking volume & Txn Count 14.26 12.90 13.68 13.36 161.80 161.30 189.90 202.48 92.02% 92.57% 93.28% 93.81% 91.00% 91.50% 92.00% 92.50% 93.00% 93.50% 94.00% - 50 100 150 200 250 Mar-25 Jun-25 Sep-25 Dec-25 Transactions through Branch (Lakhs) Transactions through Digital Channels (Lakhs) Digital Share 24,997 20,501 25,497 28,946 140 133 151 157 120 125 130 135 140 145 150 155 160 - 5,000 10,000 15,000 20,000 25,000 30,000 35,000 Mar-25 Jun-25 Sep-25 Dec-25 Volume (in Crores) Transaction count (in lakhs) *QTR WISE DATA ⚫ Digital share has increased as compared to last quarter and stands above 93.8% for Dec-25. ⚫ Mobile Banking transaction count has increased Q-o-Q to 157.00 lakhs.
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28 Corporate Digital Products 52,191 53,203 61,064 69,021 7561 3200 830 832 0 10,000 20,000 30,000 40,000 50,000 60,000 70,000 80,000 Mar-25 Jun-25 Sep-25 Dec-25 FEDCORP CORPFEDNET Active Users Corporate Txn Vol (₹ in Cr) 7,303 6,512 8,005 9659.3 43,573 6,513 3,199 2,687 Mar-25 Jun-25 Sep-25 Dec-25 FEDCORP CORPFEDNET
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Digital lending and card spends 29 Digital Personal Loans (ETB)1 Card spends (₹ in Cr)2 1Refers to organic digital loan book 2Monthly cards spends including Fintech partnerships *Card O/S and Spend data among Pvt Sec Banks. Rank calculated on Spends of Pvt Sec Banks Aug’25 1,32,843 1,41,788 1,41,788 1,41,605 1,30,664 1,34,051 3,788 4,008 4,008 3,800 3,614 3,739 3,000 3,200 3,400 3,600 3,800 4,000 4,200 4,400 50,000 60,000 70,000 80,000 90,000 1,00,000 1,10,000 1,20,000 1,30,000 1,40,000 1,50,000 Dec-24 Mar-25 Mar-25 Jun-25 Sep-25 Dec-25 No. of Loans Balance (₹ in Cr) 6% Debit Cards – Market share Cards O/s: Spends: 6% Credit Cards – Market share Cards O/s: Spends: 2.25% 1.54% Rank 9 in credit card spends Rank 5 in debit card spends 1,347 1,201 1,106 1,309 1,001 1,742 1,901 1,710 1,941 2,150 1,000 1,200 1,400 1,600 1,800 2,000 2,200 -100 100 300 500 700 900 1100 1300 1500 Dec-24 Mar-25 Jun-25 Aug-25 Dec-25 Debit card spends Credit card spends
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Other highlights – Preferential Warrant Issue Landmark Strategic Investment by Blackstone - Marquee anchor investor onboarded • ₹ 6,197 Cr investment via warrants • Federal Bank has secured a strategic minority investment from Blackstone through the issuance of convertible warrants, which upon full conversion will result in a 9.99% equity stake on a fully diluted basis. • The transaction has received approvals from the Board of Directors, shareholders (EGM), and the Competition Commission of India, underscoring regulatory and governance alignment. • The investment will strengthen the Bank’s capital base, and enhance financial flexibility to support growth priorities, and serve as a strong external validation of Federal Bank’s strategy, governance framework, and long- term growth potential. 30
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Other highlights – Fortune Wave The Fortuna Wave ➢ Federal Bank unveiled The Fortuna Wave, a refreshed brand identity that marks the next phase of the Bank’s evolution, aligned with its aspiration to be more contemporary and future-ready. ➢ The launch was held in Mumbai in the presence of the Bank’s leadership team and brand ambassador Vidya Balan. ➢ The refreshed identity anchors on the Fortuna Wave promise, built around three core pillars: Authenticity, Prosperity, and Togetherness, reinforcing the Bank’s strategic intent to stay relevant while remaining rooted in its values. Refreshed brand identity unveiled Signifying - Authenticity | Prosperity | Togetherness 31
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Appendix
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Balance sheet & shareholding pattern ₹ in Cr Sep-25 Dec-25 LIABILITIES Capital 492 492 Reserves & surplus 34,564 35,591 Deposits 2,88,920 2,97,796 Borrowings 17,967 16,331 Other liabilities & provisions 14,137 16,481 TOTAL 3,56,080 3,66,691 ASSETS Cash & balance with RBI 15,367 11,583 Balances with banks, money at call 7,495 10,522 Investments 70,347 71,889 Advances 2,44,657 2,55,569 Fixed assets 1,453 1,468 Other assets 16,761 15,660 TOTAL 3,56,080 3,66,691 33 37.78 0.0124.69 12.84 24.69 Share holding pattern (Dec-25) Mutual Funds FIIs Corporates Others
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₹ in Cr Q3 FY25 Q2 FY26 Q3 FY26 Q-o-Q Y-o-Y Interest income 6,809 6,742 6,868 2% 1% Interest expenses 4,377 4,247 4,215 -1% -4% Net interest income 2,431 2,495 2,653 6% 9% Other income 916 1,082 1,100 2% 20% Operating expense 1,778 1,933 2,024 5% 14% Total income 7,725 7,824 7,968 2% 3% Total expense 6,155 6,180 6,238 1% 1% Operating profit 1,569 1,644 1,729 5% 10% Total provisions (inc. tax) 614 689 688 -0.1% 12% Net profit 955 955 1,041 9% 9% 34 Financials
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Key Indicators Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Book Value (Per Share in ₹) 130.69 134.87 138.35 141.58 145.76 EPS (annualized) 15.45 17.02 14.07 15.42 16.79 CASA + Deposits < ₹3Cr (% of Total Deposits) 82% 81% 82% 83% 84% ROA % 1.14 1.24 1.00 1.09 1.15 RoRWA % 2.05 2.21 1.78 1.92 2.03 ROE % 12.00 12.82 10.30 11.01 11.68 Cost / Income % 53.12 56.69 54.89 54.04 53.92 Net NPA % 0.49 0.44 0.48 0.48 0.42 Profitability (Annualized) Shareholder value Efficiency Granularity 35
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258 226 273 230 208 123 171 270 195 153 45 37 77 60 51 19 5 22 23 13 41 18 13 48 10 0 26 3 23 0 486 483 658 579 435 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Retail Agri BuB CV/CE CoB CIB Fresh slippages break up 36 Fresh slippages ₹ in cr Q3 FY25 Q2 FY26 Q3 FY26 Business NPA NPA NPA Gross NPA Retail 1,760 1,583 1,534 Agri/MFI 1,014 1,378 1,406 BuB 777 765 741 CV/CE 81 113 120 CoB 567 581 540 Corporate 354 112 106 Total 4,553 4,532 4,447 Net NPA 1,131 1,165 1,068 NPA Composition Type Q2 FY26 Q3 FY26 Standard Standard Balance 1,208 1,140 Of which Bonds 38 34 Restructured book
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Top Sectors in Advance Portfolio as per Basel 3 Disclosure# 37 *Excluding Assignments, IBPC and IBU Advances # As on 31-12-2025 3.51% 7.97% 28.52% 29.26% 30.74% Others Agriculture and Allied Activities Services Retail Loans Industry 4.43 1.16 1.72 2.43 2.67 2.59 2.68 2.7 10.36 Other Industries Construction Vehicles, Vehicle Parts and Transport Equipments Basic Metal and Metal Products Textiles Food Processing Chemicals and Chemical Products (Dyes, Paints, etc.) All Engineering Infrastructure (Pertaining to Industries Sector Only)
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Top 20 concentration as a percentage of portfolio 38 Improving granularity across Borrower and Depositor base 10.65 10.32 10.03 10.11 8.43 7.93 7.88 7.09 7.38 6.66 7.03 7.51 7.43 4.81 4.85 5.92 5.47 5.4 Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 % Top 20 Borrowers % Top 20 Depositors
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Group companies 39 Fedbank Financial Services 60.81%Subsidiary ▪ Marketing Retail Asset Products of the Bank ▪ Retail Hubs established at major centres all over India ▪ Separate mechanism established for speedy and dedicated processing of retail loans sourced through this channel Federal Operations & Services (FedServ) 100%Subsidiary ▪ A wholly owned subsidiary company of Federal Bank ▪ Provides operational & technology-oriented services to Federal Bank ▪ Located at Bangalore, Visakhapatnam, Indore & Kochi ▪ Designed to deliver excellence in service, mitigation of risk and cost efficiencies Ageas Federal Life Insurance Company 30%Associate ▪ Bank’s Joint Venture Life Insurance Company, in association with Ageas ▪ Federal Bank holds 30% equity in the J.V. ▪ Started selling life insurance products from March 2008 Subsidiaries & Associates xx% Stake owned by Federal Bank as of December 2025
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Fedbank Financial Services 40 Subsidiaries – Q3FY26 update ❑ 60.8% stake held by Federal Bank Limited ❑ ROA and ROE reported at 2.5% and 12.7%, respectively. ❑ Distribution of 730 branches across 17 states and UTs. ❑ Capital Adequacy stands at 20.5%. KEY HIGHLIGHTS Disbursals ₹8,606 Cr disbursed in Q3 FY26, reflecting growth of 95.8% YoY. Low Credit Cost Credit Cost stands at 0.9% Secured AUM 98.4% of the AUM continues to be secured.AUM AUM increased by 17.4% YoY to ₹17,500 Cr. NPAs Gross NPA and Net NPA stands at 2.1% & 1.4%, respectively.
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Corporate governance & ESG snapshot 41 Strong & Diverse Board ESG Women Representation in workforce Women Representation in the Board42% 9% Cybersecurity Awareness ‘Twice is Wise’ – a Cybersecurity Awareness Campaign flagged off Social Responsibility Speak for India, debate competition conducted providing a transformative platform for student expression. Governance Structure Dedicated E&S committee chaired by MD & CEO to track the ESG strategies & actions Total Board Members Independent Directors11 73% Certifications ✓ Information Security Management System ✓ Business Continuity Management System ✓ Payments Card Industry Data Security Standard Strong & Diverse Board Focus on Gender diversity ESG Certifications
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ESG performance snapshot 42 Grow green portfolio size In-house solar power generation capacity Water conservation capacity Finance women entrepreneurs – BC Channel Bank Premises to be green certified Gender diversity ratio (Women) Target metric ₹ 13,000 Cr 750kWp 2 Lakh Litre 20.00 Lakh At least 10% Greater than or equal to 40% Target date December 2025 March 2028 March 2028 March 2030 March 2028 Continuing target Mar-25 ₹ 9,280 Cr 530 KWp 1,28,500 Litre 12.46 Lakh 2.6% of total occupied area 42% Dec-25 ₹ 9,320 Cr 530 KWp 1,28,500 Litre 12.70 Lakh 3.2% of total occupied area 42% Focused efforts to build green portfolio Committed to sourcing sustainable energy Environmentally responsible and sustainable practices Committed & focused on an ongoing basis IGBC certification obtained for 3 premises Maintained on an ongoing basis Public CommitmentsCurrent position Commitments revised as targets were achieved well in advance of the deadlines.
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Award-winning franchise & other initiatives / highlights 43 Festive Season Campaign : Rishton ke Naam Federal Bank – Pune Marathon Awards / Recognitions Federal Bank wins 'Best in Class' Award for FedOne at the Global Fintech Innovation Awards (GFIA) 2025 Federal Bank wins IGBC Platinum & Gold Green Certifications for Federal Towers, Ashokapuram, Aluva, Kerala
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External ratings 44 Fixed Deposits (short term) and Certificate of Deposits enjoy highest rating in that class Fixed Deposit (Short term) Certificate of Deposit Tier 2 (Capital) Bonds Fixed Deposit A1+ A1+ IND AA+ CARE AA+ AAA India Ratings & Research Pvt Ltd, CARE Infrastructure Bonds IND AA+ CARE AA+
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Thank You