Karnataka Bank

Quick check

The five things to look at first. Open one for more.

• DebtAdequate safetyRated A+ by 2 agencies.
• ResultsGrowingIn the Jun 2026 quarter, sales rose 5.4% and profit rose 44% from a year earlier.
• DilutionNo new sharesNo new shares issued in the last year, so existing shareholders' slices were not cut.
• ValuationExpensive vs its pastThe share trades at 7.9 times its yearly earnings (P/E), pricier than 91% of the time in the last 5 years. Its usual P/E is about 5.

Karnataka Bank against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

• Valuation (P/E)7.9 against a typical 12.5: cheaper than most peers (1st = cheapest).3rd of 20
• Sales growth+5.4% against a typical +16.2% from a year earlier.18th of 20
• Profit growth+43.5% against a typical +34.9% from a year earlier.6th of 19
• Share price, 3 months+7.9% against a typical −5.8%.3rd of 20
• Size₹ 11,342.9 Cr. market value against a typical ₹ 32,210 Cr. (1st = largest).14th of 17

Exchange filings and their impact on the company.

• 28 Oct 2026Outcome of Board MeetingHigh impactVery positivePrice +3.1% so far today
  Q2 PAT up 37% YoY on 25% loan growth and sharply lower provisions with NPAs at multi-year lows.

  Karnataka Bank reported Q2 FY27 standalone net profit of Rs 435.9 crore, up 37% from Rs 319.1 crore a year ago, on total income of Rs 2794 crore. Advances grew 25.5% YoY to Rs 90581 crore and deposits grew 12% to Rs 115117 crore, with NIM at 3.17%. Asset quality improved sharply with gross NPA down to 2.27% from 3.33% and net NPA to 0.74% from 1.35%, while provision coverage rose to 85.78%.

  Full analysisFiling
• 19 Oct 2026Change in ManagementLow impactNeutralPrice −3.2% on 21 Oct
  Karnataka Bank's COO Raja B S resigned effective 19 Oct 2026 to pursue career beyond the bank.

  Karnataka Bank said its Chief Operating Officer Raja B S has resigned to pursue career and passion beyond the bank. The resignation is effective from close of business on 19 October 2026 after internal formalities. He accordingly ceases to be Senior Management Personnel, with no successor announced in the filing.

  Full analysisFiling
• 12 Oct 2026Press ReleaseLow impactPositivePrice +1.4% on 13 Oct
  Karnataka Bank launched Trade Konnect digital platform for import, export and outward remittances, a small positive for fee income.

  Karnataka Bank on October 12, 2026 launched Trade Konnect, a digital platform for import, export and outward remittance transactions. The press release disclosed no financial targets, volumes or investment size. The platform should help digitise trade servicing and support fee and forex income, with only a modest incremental contribution over the next 12 months given the bank's Rs 8918 crore FY26 revenue base.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

Raghavendra Srinivas Bhat

Chief Executive Officer, Managing Director, Additional Director

Vijayakumar P. H.

Chief Financial Officer, General Manager

Raja B. S.

Chief Operating Officer

Niranjankumar R

Chief Human Resources Officer

Sham Kanathila

Compliance Officer, Company Secretary

Biji Sreekrishnavilas Sankaranarayanan

Additional Whole Time Director