CSB Bank’s share price surged nearly 5% in early trading on Wednesday following an impressive business update for the fourth quarter of FY25. The stock climbed as high as 4.91%, reaching ₹315.65 on the BSE, reflecting strong investor sentiment. The growth in deposits and advances reported by the bank has contributed significantly to this positive movement.
Impressive Deposit Growth
CSB Bank reported remarkable growth in its total deposits during the quarter ending March 2025. The bank’s total deposits surged by 24.03%, climbing from ₹29,719 crore to ₹36,861 crore year-on-year. In comparison, the deposits recorded in December 2024 stood at ₹33,407 crore.
Key highlights include:
- Current Account Savings Account (CASA): Increased by 10.31% to ₹8,918 crore from ₹8,085 crore YoY.
- Term Deposits: Rose by 29.16%, growing from ₹21,634 crore to ₹27,943 crore YoY.
Growth in Advances
CSB Bank also reported significant growth in gross advances. During the March quarter, gross advances increased by 29.59% from ₹24,572 crore to ₹31,843 crore YoY. The figures for December 2024 were ₹28,915 crore, underscoring the bank’s robust lending performance.
Upcoming Financial Results
Investors are keenly awaiting the bank’s financial results for the fourth quarter and the full financial year ending March 2025, which are set to be announced on April 28. CSB Bank noted in a regulatory filing, “A meeting of the Board of Directors will be held on Monday, April 28, 2025, to consider and approve the audited financial results.”
Previous Performance Insights
In the third quarter of FY25, CSB Bank reported a net profit of ₹152 crore, marking a slight increase of 1.3% from ₹150 crore year-on-year. However, the bank’s net interest income (NII) saw a minor decline of 1.9%, dropping from ₹383 crore to ₹375.4 crore YoY.
Stock Performance Overview
CSB Bank’s stock has shown impressive short-term gains, rising 10% over the past month. However, despite the recent uptick, the stock has witnessed a decline of nearly 2% year-to-date. Over the last six months, shares have decreased by 2%, while the small-cap segment has dropped by 19% over the past year.
In the long haul, CSB Bank has delivered substantial returns to investors, with the stock appreciating 25% over two years and a remarkable 171% increase over the last five years. As of 9:50 AM, CSB Bank shares were trading 2.49% higher at ₹308.35 apiece on the BSE, indicating a strong market response to its recent updates.
Investors are optimistic about CSB Bank’s trajectory, particularly in light of its impressive growth metrics and upcoming financial announcements.
