Dividend Delight! Bank of Maharashtra Share Price Up 5%, Final Dividend Approved | What's Next For Investors?

Dividend Update: Bank of Maharashtra shares rallied close to 5% during Tuesday's intraday trading session after it reported strong fourth quarter result for the financial year 2025-26. The PSU bank has also announced final dividend.

Bank of Maharashtra share price was trading 6.58% higher at Rs 80.64 per share on BSE with a market capitalisation of Rs 62,024.70 crore. The stock had touched an intraday high of Rs 81.15 per share and an intraday low of Rs 76.96 per share.

Bank of Maharashtra Q4 Result

Bank of Maharashtra's net interest income surged by 18.8% on a year-on-year basis to Rs 3,702 crore in Q4FY26 against Rs 3,116 crore in the same quarter in previous financal year.

The PSU bank also reported a sharp jump in profitability for the quarter undre review. Its profit climbed by 34.89% on an annual basis to Rs 2,014.09 crore, up from Rs 1,493 crore reported in the March quarter.

Bank of Maharashtra's net profit stood at Rs 7,019 crore and operating profit stood a Rs 10,826 crore. "What stands out even more is the balance-sheet quality: gross NPA fell to 1.45% and net NPA to just 0.13%, while provision coverage improved to 98.59%. Advances grew a strong 21.7% to Rs 2.92 lakh crore, comfortably ahead of 14.1% deposit growth, and the bank has proposed a final dividend of Rs 1.20 per share in addition to the interim dividend of Rs 1.00," explained Kalp Jain, Research Analyst, INVasset PMS.

Bank of Maharashtra Dividend

Bank of Maharashtra's board of directors, on Monday, approved a final dividend of 12% on the equity shares with a face value of Re 1 each. Bank of Maharashtra's board "recommended final dividend of 12% on the equity shares of the Bank i.e., Rs. 1.20/- per share having face value of Rs. 10/- each for the Financial year 2025-26. This final dividend, after approval of shareholders in AGM, will be in addition to the interim dividend of Rs.1.00 per equity share (10%) declared on 13.01.2026 and paid during the financial year," read a BSE filing released on Monday.

Bank Of Maharashtra Share Price Gains Post Q4: What Should Investors Do?

The near-term view about Bank of Maharashtra stock remained constructive as the market is rewarding the mix of high loan growth, stable margins, and improving asset quality, highlighted Kalp Jain.

"The key monitorable now is liability traction, since deposit growth is still trailing credit growth and CASA slipped slightly year-on-year to 52.5% despite a strong quarterly jump. Even so, among PSU banks, Bank of Maharashtra continues to look like one of the better-run and better-momentum names," added Jain.