Banks
Bank of India is a Public Sector Bank with the stock ticker BANKINDIA. It boasts a market capitalization of Rs. 44,347.6 Crores and operates both in India and internationally, offering a wide range of banking products and services.
The bank operates through several segments:
It accepts various types of deposit products, including:
In addition, Bank of India provides several card options, including debit, credit, and prepaid cards, as well as an array of loan products such as:
The company also offers financing services for new and existing businesses, healthcare schemes, government-sponsored schemes, and commercial vehicle finance services.
Furthermore, it provides:
The bank has special services for Non-Resident Indians (NRI), including loans and money remittance. Additionally, it supports agriculture through products like the Kisan credit card, gold loans, and various agri-related loans.
Bank of India is distinguished by its digital offerings, including internet banking and online payment services. Established in 1906, it has its headquarters in Mumbai, India.
The bank has reported a trailing 12 months revenue of Rs. 76,559.1 Crores and is committed to returning value to its investors with a dividend yield of 4.58% per year. Over the last 12 months, it distributed a dividend of Rs. 4.8 per share. However, it has diluted the shareholdings of its investors by 10.9% over the last three years.
Despite these challenges, Bank of India remains a profitable entity, posting a profit of Rs. 8,190.8 Crores in the past four quarters, with a 65.5% revenue growth recorded over the past three years.
Dividend: Pays a strong dividend yield of 4.58%.
Growth: Good revenue growth. With 65.5% growth over past three years, the company is going strong.
Size: It is among the top 200 market size companies of india.
Profitability: Recent profitability of 11% is a good sign.
Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.
Balance Sheet: Strong Balance Sheet.
No major cons observed.
Comprehensive comparison against sector averages
BANKINDIA metrics compared to Banks
Category | BANKINDIA | Banks |
---|---|---|
PE | 6.41 | 8.25 |
PS | 0.69 | 1.02 |
Growth | 16.1 % | 9.5 % |
BANKINDIA vs Banks (2021 - 2025)
Analysis of Bank of India's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Dec 31, 2024
Description | Share | Value |
---|---|---|
Retail Banking Operations | 38.3% | 7.8 kCr |
Wholesale Banking Operations | 34.1% | 6.9 kCr |
Treasury Operations | 27.6% | 5.6 kCr |
Total | 20.3 kCr |
Valuation | |
---|---|
Market Cap | 53.89 kCr |
Price/Earnings (Trailing) | 6.58 |
Price/Sales (Trailing) | 0.7 |
EV/EBITDA | 0.97 |
Price/Free Cashflow | -10.75 |
MarketCap/EBT | 4.99 |
Fundamentals | |
---|---|
Revenue (TTM) | 76.56 kCr |
Rev. Growth (Yr) | 21.65% |
Rev. Growth (Qtr) | 0.50% |
Earnings (TTM) | 8.19 kCr |
Earnings Growth (Yr) | 34.99% |
Earnings Growth (Qtr) | 6.67% |
Profitability | |
---|---|
Operating Margin | 20.03% |
EBT Margin | 14.11% |
Return on Equity | 0.82% |
Return on Assets | 0.00% |
Free Cashflow Yield | -9.3% |
Understand Bank of India ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
Shareholder Name | Holding % |
---|---|
LIFE INSURANCE CORPORATION OF INDIA - P & GS Fund | 7.99% |
SBI PSU FUND | 1.52% |
Distribution across major stakeholders
Distribution across major institutional holders
Investor Care | |
---|---|
Dividend Yield | 4.58% |
Dividend/Share (TTM) | 4.8 |
Shares Dilution (1Y) | 0.00% |
Diluted EPS (TTM) | 18.72 |
Financial Health | |
---|---|
Debt/Equity | 0.00 |
Debt/Cashflow | 0.00 |
Summary of Bank of India's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
Last updated: Jan 25
The management of Bank of India provided an optimistic outlook, projecting domestic credit growth of 14-15% and deposit growth of 13-14% for FY25. Key priorities include boosting high-yielding advances, improving margins via CASA mobilization, retail term deposits, and technology-driven efficiency. Asset quality focus includes reducing SMA, controlling slippages, and enhancing recovery efforts. Robust risk management and compliance remain central.
Major Highlights:
Business Growth:
Profitability & Margins:
Asset Quality:
Initiatives:
Deposit & CASA:
The bank aims to sustain growth through technology adoption, improved underwriting, and disciplined risk management.
Last updated: Jan 25
1. What are the risks associated with the 42% YoY growth in personal loans?
The personal loan growth stems from a low base, constituting 1.89% of global loans and 9% of retail loans. Guardrails include a minimum CIC score of 700, 65% salaried borrowers (mostly with Bank of India accounts), and stress (SMA/NPA) at ~5% of the book.
2. Is Bank of India experiencing growth challenges amid sectoral slowdowns?
No. Global credit grew 15.30% YoY, deposits 12.29%, and business 13.62%. A Rs.70,000 Cr pipeline (10% of global advances) supports a 14"“15% FY25 credit growth guidance.
3. Why is the Cost-to-Income ratio rising, and where will it stabilize?
Q3's ratio rose to 52.63% due to IT/digital investments but is projected to stabilize at ~51% for FY25, aligning with nine-month (51.76%) and prior quarter (51.22%) trends.
4. How is infrastructure growth materializing despite economic concerns?
Growth is driven by road (HAM projects), ports, renewable energy (solar/wind), and refinancing in thermal power. Sanctions in data centers, ethanol, and warehousing add momentum.
5. Why hasn't corporate loan growth reversed NIM compression?
Corporate yields improved via MCLR hikes (9.05% vs. 8.40% in Jan 2023). NIM dipped marginally (2.80% vs. 2.82% in Q2) due to penal charges reclassification and lower international margins.
6. Are IT expenses aligned with the Rs.2,100 Cr FY25 budget?
Yes. Spending focuses on tech, digital, and cybersecurity. FY24 saw 90% budget utilization; FY25 is on track with similar allocations.
7. What drove reduced slippages (0.19%) and provisions?
Slippages fell to Rs.1,105 Cr (vs. Rs.2,546 Cr in Q2) due to a Rs.1,000 Cr PSU account regularization, improved collections (97% efficiency), and reversals under RBI's June 2019 circular.
8. What initiatives will accelerate growth and efficiency?
Focus on CASA/retail deposits, tech-driven underwriting (450 centers), AI/ML for risk/sales, and automation to free staff for business development.
9. What is the domestic NIM outlook?
Domestic NIM is 2.98% (Q3) vs. 3.19% (9-month). Global NIM (2.80%) is pressured by international book margins. FY25 guidance: 2.90%, aided by MCLR transmission.
10. How is 14% credit growth sustained amid system-wide slowdown?
Underwriting centers, Rs.60,000 Cr corporate pipeline, and international growth (15% of book) drive momentum. Retail/MSME growth (19% YoY) complements corporate traction.
11. What is the retail loan quality, especially unsecured exposure?
Retail loans: 51% housing, 15% vehicles, 9% personal loans (1.89% of global book). Unsecured stress is low: 65% salaried, 700+ CIC scores, and 5% SMA/NPA in personal loans.
12. Why did Treasury income drop in Q3?
Treasury income fell to Rs.266 Cr (vs. Rs.730 Cr in Q2) due to volatile yields and FX forward premium spikes. Q4 anticipates better yields/RBI easing to boost performance.
Detailed comparison of Bank of India against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|---|
SBIN | State Bank Of IndiaPublic Sector Bank | 7.29 LCr | 6.49 LCr | +4.54% | -1.73% | 9.03 | 1.12 | +14.51% | +24.82% |
BANKBARODA | Bank Of BarodaPublic Sector Bank | 1.31 LCr | 1.51 LCr | +12.00% | -8.14% | 6.48 | 0.87 | +10.17% | +9.00% |
PNB | Punjab National BankPublic Sector Bank | 1.17 LCr | 1.36 LCr | +6.92% | -26.94% | 7.39 | 0.86 | +15.81% | +128.11% |
UNIONBANK | Union Bank of IndiaPublic Sector Bank | 98.13 kCr | 1.27 LCr | +3.93% | -16.71% | 6.05 | 0.77 | +11.51% | +22.97% |
CANBK | Canara BankPublic Sector Bank | 89.3 kCr | 1.5 LCr | +10.65% | -84.35% | 5.19 | 0.6 | +12.15% | +20.93% |