Federal Bank posts record profit as deposits strengthen
Federal Bank reported record Q2 FY27 net profit of ₹1,386 crore, up 45.1% year on year, while deposits rose 18.6% and advances grew 21%. OI Charts data showed long build-up in futures ahead of the 27 Oct expiry.
pre-market1 source ↓machine-written, see hownot a recommendation
- FEDERALBNK close
- ₹338.00
- On the day
- +0.90%
- Futures OI, long build-up
- +2.6%
- Put-call ratio
- 0.77
- Max pain
- ₹335.00
Federal Bank reported its highest-ever quarterly net profit of ₹1,386 crore for Q2 FY27, up 45.1% year on year and 17.8% sequentially. Earnings per share rose 44.3% year on year to ₹22.26, while operating profit increased 35.4% year on year to ₹2,225.37 crore. The result marks a separate banking earnings development from the earlier RBL Bank report. 📈
Net profit ₹1,386 cr was supported by net interest income of ₹3,153.4 crore, which grew 26.4% year on year and 7% quarter on quarter. Net interest margin was 3.32%, up 26 basis points year on year but down one basis point sequentially. The cost of deposits declined 39 basis points year on year and three basis points quarter on quarter, indicating some relief on funding costs. 💼
The balance sheet also expanded. Total deposits rose 18.6% year on year and 7% sequentially to ₹3,42,693 crore. CASA balances increased 22.6% year on year to ₹1,09,803 crore, while the CASA ratio improved by 103 basis points year on year. Average CASA crossed ₹1 lakh crore during the quarter. NRE and other resident deposits rose 26.6% year on year to ₹1,19,055 crore.
Gross advances reached ₹3,01,687 crore, up 21% year on year and 7.3% quarter on quarter. Savings balances grew 19.6% year on year, while demand deposits increased 33% year on year, supporting the bank’s deposit mobilisation profile. The combination of loan growth, lower deposit costs and record operating profit is the key sector signal from the update. 🏦
OI Charts data showed the stock at ₹338 on 16 Oct 2026, up 0.9% on the day, with volume of 28.5 million shares. It gained 2.4% over five sessions and 1.6% over 20 sessions, while futures open interest rose 2.6%, indicating a long build-up. The ₹340 call had the largest open interest and the ₹330 put was the largest put position; max pain stood at ₹335 for the 27 Oct expiry. Traders will watch whether the ₹340 area holds as earnings momentum is absorbed and whether deposit and advance growth remain aligned.
Source: Yahoo Finance, 16 Oct 2026
Not investment advice. For informational purposes only.