Profitability
§13 — ROA decomposed into its drivers as % of average assets, then levered into ROE. Open any bank for its waterfall.
ROA
1.1%
median, listed lenders
ROE
12.4%
median, listed lenders
NII/avg assets
3.2%
median, listed lenders
Other inc/avg assets
1.5%
median, listed lenders
Opex/avg assets
2.3%
median, listed lenders
Provisions/avg assets
0.9%
median, listed lenders
Median ROA across listed lenders
Median across the 41 listed lenders, FY17–FY26
ROA vs ROE
The wedge between them is balance-sheet leverage
display
| # | Bank | Category | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | IDBI Bank | ex-PSU | 2.1% | 14.3% | 3.1% | 1.5% | 2.2% | 0.3% | 3.6% | 52.0% |
| 2 | Kotak Mahindra Bank | Large Private | 2.0% | 11.3% | 4.3% | 4.1% | 5.1% | 1.1% | 4.5% | 45.6% |
| 3 | Karur Vysya Bank | Mid/Small Private | 2.0% | 19.0% | 3.9% | 1.6% | 2.3% | 1.2% | 4.3% | 41.8% |
| 4 | ICICI Bank | Large Private | 2.0% | 15.7% | 3.8% | 4.2% | 5.1% | 0.9% | 4.4% | 38.1% |
| 5 | Tamilnad Mercantile | Mid/Small Private | 1.9% | 14.1% | 3.6% | 1.2% | 2.2% | 0.7% | 4.3% | 39.1% |
| 6 | Bank of Maharashtra | PSU | 1.8% | 22.7% | 3.4% | 0.9% | 1.6% | 1.0% | 3.8% | 35.0% |
| 7 | HDFC Bank | Large Private | 1.6% | 13.7% | 3.5% | 3.2% | 3.9% | 1.1% | 3.3% | 39.2% |
| 8 | City Union Bank | Mid/Small Private | 1.5% | 13.9% | 3.2% | 1.2% | 2.1% | 0.8% | 3.8% | 45.4% |
| 9 | AU Small Fin. Bank | SFB | 1.5% | 14.5% | 5.2% | 1.7% | 4.0% | 1.4% | 5.9% | 56.6% |
| 10 | Axis Bank | Large Private | 1.5% | 13.3% | 3.2% | 1.6% | 2.3% | 1.1% | 3.5% | 45.5% |
| 11 | Ujjivan Small Fin | SFB | 1.3% | 11.1% | 7.4% | 2.1% | 6.2% | 1.9% | 8.5% | 62.0% |
| 12 | J&K Bank | Mid/Small Private | 1.3% | 15.1% | 3.3% | 0.5% | 2.1% | 0.3% | 3.3% | 58.9% |
| 13 | Capital Small Fin. | SFB | 1.3% | 10.5% | 4.2% | 0.9% | 3.1% | 0.6% | 4.2% | 59.5% |
| 14 | Union Bank Of India | PSU | 1.3% | 14.9% | 2.4% | 1.4% | 1.9% | 0.6% | 2.8% | 45.3% |
| 15 | Indian Bank | PSU | 1.3% | 15.5% | 2.9% | 1.2% | 1.9% | 0.8% | 3.4% | 44.8% |
| 16 | Indian Overseas Bank | PSU | 1.2% | 16.0% | 2.9% | 1.3% | 1.9% | 1.1% | 3.5% | 54.0% |
| 17 | CSB Bank | Mid/Small Private | 1.2% | 14.1% | 3.3% | 2.2% | 3.4% | 0.9% | 3.7% | 64.5% |
| 18 | Federal Bank | Mid/Small Private | 1.1% | 11.4% | 3.1% | 1.2% | 2.3% | 0.9% | 3.3% | 52.5% |
| 19 | South Indian Bank | Mid/Small Private | 1.1% | 13.6% | 2.6% | 1.5% | 2.3% | 0.7% | 3.2% | 57.9% |
| 20 | State Bank Of India | PSU | 1.1% | 14.9% | 2.6% | 2.5% | 3.4% | 0.6% | 2.9% | 46.7% |
| 21 | Karnataka Bank | Mid/Small Private | 1.0% | 10.2% | 2.5% | 1.1% | 2.0% | 0.5% | 3.2% | 55.1% |
| 22 | Bank Of Baroda | PSU | 1.0% | 12.7% | 2.6% | 1.1% | 2.0% | 0.8% | 2.8% | 49.2% |
| 23 | Canara Bank | PSU | 1.0% | 15.8% | 2.1% | 1.5% | 1.7% | 0.8% | 2.5% | 49.0% |
| 24 | PNB | PSU | 0.9% | 12.8% | 2.2% | 1.0% | 1.6% | 0.6% | 2.5% | 50.3% |
| 25 | Bank Of India | PSU | 0.9% | 12.1% | 2.3% | 0.9% | 1.6% | 0.6% | 2.5% | 46.3% |
| 26 | DCB Bank | Mid/Small Private | 0.9% | 12.0% | 3.0% | 1.0% | 2.4% | 0.7% | 3.4% | 60.9% |
| 27 | CentralBank of India | PSU | 0.9% | 12.4% | 2.8% | 1.2% | 2.3% | 0.8% | 3.1% | 55.4% |
| 28 | Suryoday Small Fin. | SFB | 0.9% | 8.2% | — | 2.0% | — | — | 7.2% | 70.1% |
| 29 | Yes Bank | Mid/Small Private | 0.8% | 7.2% | 2.2% | 1.6% | 2.5% | 0.5% | 2.7% | 62.8% |
| 30 | Punjab & Sind Bank | PSU | 0.8% | 9.8% | 2.2% | 1.0% | 2.0% | 0.5% | 2.5% | 60.2% |
| 31 | Jana Small Fin. Bank | SFB | 0.8% | 8.1% | 6.0% | 2.4% | 5.7% | 2.0% | 7.5% | 67.0% |
| 32 | UCO Bank | PSU | 0.7% | 8.4% | 2.8% | 1.3% | 2.3% | 1.0% | 3.0% | 37.5% |
| 33 | Bandhan Bank | Mid/Small Private | 0.6% | 5.0% | 5.4% | 1.4% | 3.8% | 2.3% | 6.2% | 61.5% |
| 34 | RBL Bank | Mid/Small Private | 0.5% | 5.8% | 3.9% | 2.5% | 4.4% | 1.5% | 4.1% | 64.7% |
| 35 | Dhanlaxmi Bank | Mid/Small Private | 0.5% | 7.6% | 3.2% | 1.0% | 3.1% | 0.6% | 3.6% | 75.8% |
| 36 | IDFC First Bank | Mid/Small Private | 0.4% | 3.7% | 5.7% | 2.1% | 5.9% | 1.5% | 6.0% | 70.7% |
| 37 | Equitas Small Fin. | SFB | 0.2% | 1.8% | 6.0% | 1.9% | 5.6% | 2.0% | 7.2% | 68.4% |
| 38 | Indusind Bank | Large Private | 0.2% | 1.3% | 3.3% | 1.3% | 2.9% | 1.5% | 3.6% | 78.9% |
| 39 | ESAF Small Finance | SFB | -0.6% | -9.9% | 5.9% | 2.8% | 6.2% | 3.0% | 7.9% | 58.1% |
| 40 | Utkarsh Small Fin. | SFB | -4.0% | -42.0% | 5.2% | 1.5% | 6.5% | 4.2% | — | — |
| 41 | Fino Payments Bank | Payments Bank | — | — | — | — | — | — | 3.8% | 28.7% |
All decomposition columns are Derived from the P&L and balance sheet: component ÷ average total assets. ROE = ROA × equity multiplier. Reconciles to Tijori's reported ROA within 0.15pp for 86% of bank-years; residual differences are consolidated-vs-standalone subsidiary effects.