Bank of Maharashtra fixes June 5 record date for FY26 dividend

1 min read     Updated on 01 Jun 2026, 01:21 PM
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Bank of Maharashtra announced June 5, 2026, as the record date for its FY26 final dividend of ₹1.20 per share, pending shareholder approval. This adds to the interim dividend of ₹1.00 per share already paid in January 2026.

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Bank of Maharashtra has fixed Friday, June 5, 2026, as the record date to determine shareholder eligibility for the final dividend for the financial year 2025-26. The bank’s Board of Directors, at a meeting held on April 20, 2026, approved a final dividend of 12%, which translates to ₹1.20 per share on equity shares with a face value of ₹10 each. This final dividend will be paid only after approval by shareholders in the Annual General Meeting.

The total dividend distribution for the year includes an interim dividend of ₹1.00 per share (10%) that was declared on January 13, 2026, and paid during the financial year. The final dividend of ₹1.20 per share is in addition to this interim payout, increasing the total return for shareholders for FY26.

Dividend Details

The following table outlines the dividend structure declared by bank of maharashtra for the financial year:

Type of Dividend Rate (%) Amount per Share (₹) Declaration Date
Interim Dividend 10 1.00 January 13, 2026
Final Dividend 12 1.20 April 20, 2026

The record date of June 5, 2026, is crucial for investors as it marks the cutoff date established under Regulation 42 to determine which members are entitled to receive the dividend. Shareholders holding the bank’s equity shares as of this date will be eligible for the payout once approved by the AGM.

Historical Stock Returns for Bank of Maharashtra

1 Day5 Days1 Month6 Months1 Year5 Years
-2.06%-3.00%-2.47%+32.58%+52.27%+219.51%

How will the payout of the total dividend impact Bank of Maharashtra's capital adequacy ratios for FY27?

What are the expectations for the bank's dividend payout policy in the next financial year given this increased distribution?

How might the market react to the stock around the June 5, 2026, record date in terms of trading volume and price volatility?

Bank of Maharashtra Meets Investors on May 21

1 min read     Updated on 22 May 2026, 04:33 AM
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Bank of Maharashtra held meetings with analysts and investors on May 21, 2026, to discuss its financial performance and public domain information. The bank clarified that no unpublished price sensitive information was shared during the event.

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Bank of Maharashtra has informed the stock exchanges that it participated in meetings with prospective investors and analysts on May 21, 2026. The meetings were conducted through group sessions and one-on-one interactions. The bank confirmed that information already available in the public domain was discussed during these sessions.

The bank explicitly stated that no unpublished price sensitive information pertaining to the bank was shared with the investors. This disclosure was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Financial Highlights

The bank's presentation provided an overview of its financial position as of March 26, 2026. The total business stood at ₹6,42,531 crore, comprising total deposits of ₹3,50,564 crore and global advances of ₹2,91,967 crore.

Metric Value
Total Business ₹ 6,42,531 Cr
Total Deposits ₹ 3,50,564 Cr
Global Advances ₹ 2,91,967 Cr
Total Assets ₹ 4,27,363 Cr
Net Worth ₹ 30,272 Cr

Profitability and Asset Quality

The bank reported a Profit After Tax (PAT) of ₹7,019 crore for the period, reflecting a year-on-year growth of 27.17%. The Net Interest Margin (NIM) was recorded at 3.90%, while the Return on Equity (ROE) stood at 23.19%.

Metric Value
PAT ₹ 7,019 Cr
Net Interest Margin 3.90 %
ROE 23.19 %
ROA 1.86 %
Gross NPA 1.45 %
Net NPA 0.13 %
Provision Coverage Ratio 98.59 %

The capital adequacy metrics remain robust, with a Capital to Risk Weighted Asset Ratio (CRAR) of 18.36% and a Tier-1 Capital ratio of 15.41%. The bank's CASA percentage was reported at 52.51%.

Historical Stock Returns for Bank of Maharashtra

1 Day5 Days1 Month6 Months1 Year5 Years
-2.06%-3.00%-2.47%+32.58%+52.27%+219.51%

Given Bank of Maharashtra's 27.17% PAT growth and strong asset quality metrics, what strategic expansion plans or capital deployment initiatives might the bank announce in the next fiscal year?

With a CASA ratio of 52.51% and NIM at 3.90%, how might potential RBI interest rate cuts in the near term impact the bank's net interest income and overall profitability?

Considering the bank's exceptionally low Net NPA of 0.13% and Provision Coverage Ratio of 98.59%, could the bank potentially release excess provisions to further boost earnings, and what risks might challenge this asset quality trajectory?

More News on Bank of Maharashtra

1 Year Returns:+52.27%