Bandhan Bank shares plunged 15 percent on Wednesday despite reporting better-than-expected June quarter earnings, as investors reacted to the lender's lowered return-on-assets (RoA) guidance for FY27 amid expectations of tighter net interest margins and higher operating expenses. The bank now expects its RoA to average between 1.2 percent and 1.4 percent by the end of FY27, down from its earlier target of 1.6 percent to 1.8 percent. Managing Director and Chief Executive Officer Partha Pratim Sengupta attributed the revised outlook to prevailing external challenges during the post-earnings analyst conference call. For the first quarter of FY27, Bandhan Bank reported a 35 percent year-on-year increase in net profit to Rs 502 crore, compared with Rs 372 crore in the corresponding period last year. Net interest income (NII) rose 5.9 percent to Rs 2,921 crore during the April–June quarter from Rs 2,757 crore a year earlier. Net total income increased 1.2 percent to Rs 3,524 crore from Rs 3,483 crore, while gross advances grew 16.4 percent year-on-year to Rs 1,55,555 crore as of June 2026, compared with Rs 1,33,625 crore in the year-ago period. The lender said it remains focused on customer-centric, digitally enabled growth by strengthening its distribution network and expanding its product portfolio. The bank also announced that its board has approved the appointment of Vinay Jain as interim Chief Financial Officer, effective September 26, 2026, through March 31, 2027, following the resignation of Rajeev Mantri.

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