Is Bank Of India a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Bank Of India is a below average quality company .

Is Bank Of India undervalued or overvalued?

The key valuation ratios of Bank Of India's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone .

What is Bank Of India share price return in the past 10 years?

Bank Of India share price has declined -9.5% annually (CAGR) over the past ten years.

Is Bank Of India a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Bank Of India is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

Bank Of India - Stock Valuation and Financial Performance

Name: Bank Of India
Brand: Bank Of India

BSE: 532149 | NSE: BANKINDIA | Bank - Public | Mid Cap

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Bank Of India Share Price

₹101.40 -3.15 -3.01%
as on 21-Nov'24 16:59

10 Year X-Ray of Bank Of India:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Net Interest Income (₹ Cr.)	11,465	11,848	11,979	10,634	13,798	15,399	14,433	14,197	20,491	23,317	23,951
YoY Gr. Rt. %	-	3.3%	1.1%	-11.2%	29.8%	11.6%	-6.3%	-1.6%	44.3%	13.8%	-
Total Income	47,963	45,764	46,405	44,159	45,796	49,400	47,750	46,291	55,143	67,306	72,982
YoY Gr. Rt. %	-	-4.6%	1.4%	-4.8%	3.7%	7.9%	-3.3%	-3.1%	19.1%	22.1%	-
Adj EPS (₹ )	30.3	-76	-13.9	-34.2	-19.7	-9.3	6.4	8.5	9.4	14.4	17.2
YoY Gr. Rt. %	-	-351%	NA	NA	NA	NA	NA	33.8%	9.9%	54.2%	-
BVPS (₹ )	435.7	318.8	248.1	178.7	133	118.1	124.1	120.7	130.3	139.9	147.1
YoY Gr. Rt. %	-	-26.8%	-22.2%	-28%	-25.6%	-11.2%	5.1%	-2.8%	8%	7.4%	-
To view Net Profit/Total Funds (%) Colour Rating Guide click here ⓘ
Net Profit/Total Funds (%)	0.3	-1	-0.3	-1	-0.9	-0.5	0.3	0.5	0.5	0.7	0.8
To view Net NPA to Net Advances (%) Colour Rating Guide click here ⓘ
Net NPA to Net Advances (%)	3.4	7.8	6.9	8.3	5.6	3.9	3.4	2.3	1.7	1.2	-
To view Capital Adequacy Ratio (%) Colour Rating Guide click here ⓘ
Capital Adequacy Ratio (%)	-	-	-	-	-	-	-	-	-	-	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Net Interest Income	8.2%	11.1%	17.3%	13.8%
Total Income	3.8%	8%	12.1%	22.1%
Adj EPS	-7.9%	NA	31.4%	54.2%
BVPS	-11.9%	1%	4.1%	7.4%
Share Price	-9.5%	6.8%	19.8%	-3.5%

Key Financial Ratios


RATIOS \ YEARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Interest Earned / Total Income	91.08	91.98	85.3	86.76	89.54	86.22	85.56	82.7	86.92	90.74	90.5
Margins	To view Margins Colour Rating Guide click here ⓘ
NIM (%)	1.9	2	2	1.8	2.3	2.5	2.1	2	2.6	2.6	2.4
Performance Ratios	To view Performance Ratios Colour Rating Guide click here ⓘ
Return on Equity (%)	6.2	-23	-6.1	-21.2	-16.2	-7.8	5.5	7.6	7.5	10.9	11.7
Liquidity Ratio	To view Liquidity Ratio Colour Rating Guide click here ⓘ
CASA (%)	22.3	25.8	31.8	34	35.8	36.5	36.6	40	38.3	37.1	-

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 12.00%

Total Income has increased 12.12 CAGR in last 3 years

Net Profit has increased 31.37 CAGR in last 3 years

Net NPA to Net Advances has declined versus last 3 years average

Total income growth is good in last 4 quarters

No data to display

Latest Financials - Bank Of India

	Standalone	Consolidated
TTM EPS (₹)	16.2	17.2
TTM Sales (₹ Cr.)	65,672	66,081
BVPS (₹.) ⓘ	142.8	147.1
Reserves (₹ Cr.) ⓘ	60,436	62,405
P/BV ⓘ	0.73	0.71
PE ⓘ	6.45	6.09

From the Market
52 Week Low / High (₹)	96.00 / 158.00
All Time Low / High (₹)	8.75 / 588.00
Market Cap (₹ Cr.)	47,598
Equity (₹ Cr.)	4,552.7
Face Value (₹)	10
Industry PE ⓘ	9.6

Management X-Ray of Bank Of India:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Bank Of India

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Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Bank Of India

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Total Income (Cr.)

ROE (%)

BVPS (Rs.)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Income	47,963	45,764	46,405	44,159	45,796	49,400	47,750	46,291	55,143	67,306
Interest Income	43,685	42,093	39,585	38,313	41,005	42,591	40,854	38,281	47,932	61,073
Other Income ⓘ	4,278	3,672	6,819	5,846	4,791	6,809	6,897	8,011	7,211	6,233
Expenditure	46,215	52,099	47,998	50,232	51,293	52,329	45,552	42,885	51,261	60,922
Interest Expense	32,220	30,245	27,606	27,679	27,207	27,191	26,421	24,083	27,441	37,757
Operating Expenses	8,193	9,425	8,975	9,265	10,394	10,612	11,006	12,170	14,374	15,306
Provisions	5,801	12,429	11,418	13,288	13,692	14,525	8,124	6,632	9,447	7,859
Profit Before Tax	1,852	-8,058	-2,412	-8,660	-8,658	-4,570	3,278	5,574	6,099	10,193
Taxes	103	-1,723	-818	-2,587	-3,161	-1,640	1,079	2,168	2,217	3,809
Profit After Tax	1,748	-6,335	-1,594	-6,073	-5,497	-2,929	2,199	3,406	3,882	6,385
Adjusted EPS (₹)	30.27	-75.98	-13.94	-34.20	-19.67	-9.31	6.36	8.51	9.35	14.42
Dividend Payout Ratio (%)	17%	0%	0%	0%	0%	0%	0%	24%	21%	19%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Share Capital ⓘ	666	817	1,055	1,744	2,760	3,278	3,278	4,104	4,104	4,553
Total Reserves ⓘ	31,857	31,225	30,852	35,013	40,254	41,795	43,703	52,418	56,329	66,028
Minority Interest	168	98	81	159	162	151	159	129	157	161
Deposits	5,34,482	5,15,722	5,42,352	5,22,997	5,22,555	5,57,386	6,29,098	6,29,981	6,72,194	7,40,611
Borrowings ⓘ	40,099	51,103	39,491	43,598	44,265	39,752	32,464	26,821	65,015	80,960
Other Liabilities	18,013	17,663	18,194	11,674	20,888	20,655	24,088	29,678	28,237	31,967
Total Liabilities ⓘ	6,25,285	6,16,629	6,32,026	6,15,184	6,30,884	6,63,019	7,32,790	7,43,131	8,26,036	9,24,280
Assets
Balance with RBI	27,498	34,214	27,544	31,575	29,322	29,447	60,930	40,530	44,382	38,894
Balance with Banks	45,717	65,291	68,920	64,449	65,538	57,163	65,763	51,179	40,302	44,229
Investments ⓘ	1,23,196	1,22,621	1,30,751	1,40,321	1,50,905	1,62,323	1,91,693	1,80,274	2,11,324	2,34,592
Advances	4,04,389	3,61,302	3,68,329	3,43,289	3,42,966	3,70,644	3,67,667	4,23,001	4,88,688	5,66,644
Net Block ⓘ	5,802	8,382	8,349	8,192	8,799	8,765	8,637	9,570	9,950	10,178
Other Assets	18,570	24,629	27,935	27,200	33,153	34,385	37,735	38,291	31,281	29,594
Total Assets ⓘ	6,25,285	6,16,629	6,32,026	6,15,184	6,30,884	6,63,019	7,32,790	7,43,131	8,26,036	9,24,280

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	14,638	18,311	-6,624	-7,366	-9,218	-4,827	37,868	-35,487	-7,045	-4,437
Cash Flow From Investing Activity ⓘ	-755	-609	-371	-260	71	-232	-182	-644	-521	-991
Cash Flow From Financing Activity ⓘ	1,295	4,864	3,955	7,185	7,983	-3,192	2,398	1,146	541	3,868
Net Cash Flow ⓘ	15,179	22,566	-3,040	-440	-1,164	-8,251	40,085	-34,985	-7,026	-1,560

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Operational & Financial Ratios
EPS (₹)	30	-76	-14	-34	-20	-9	6	9	9	14
DPS (₹)	5	0	0	0	0	0	0	2	2	3
BVPS (₹)	436	319	248	179	133	118	124	121	130	140
Margin Ratios
Yield on Advances (%)	10.8	11.7	10.8	11.2	12.0	11.5	11.1	9.1	9.8	10.8
Yield on Investments (%)	8.4	7.9	9.5	7.6	6.4	7.0	7.1	7.0	5.8	6.4
Cost of Liabilities (%)	5.6	5.3	4.7	4.9	4.8	4.6	4.0	3.7	3.7	4.6
NIM (%)	1.9	2.0	2.0	1.8	2.3	2.5	2.1	2.0	2.6	2.6
Interest Spread (%)	5.2	6.3	6.0	6.3	7.2	6.9	7.1	5.4	6.1	6.2
Performance Ratios
ROA (%)	0.3	-1.0	-0.3	-1.0	-0.9	-0.5	0.3	0.5	0.5	0.7
ROE (%)	6.2	-23.0	-6.1	-21.2	-16.2	-7.8	5.5	7.6	7.5	10.9
ROCE (%)	6.6	-6.3	0.8	-7.1	-5.3	-1.3	6.1	8.4	9.4	12.0
Efficiency Ratios
Cost to Income Ratio (%)	52.1	60.7	47.7	56.2	55.9	47.8	51.6	54.8	51.9	51.8
Operating Costs to Assets (%)	1.3	1.5	1.4	1.5	1.7	1.6	1.5	1.6	1.7	1.7
Valuation Parameters
Price/Book(x)	0.5	0.3	0.6	0.6	0.8	0.3	0.6	0.4	0.6	1.0

Bank Of India Stock News

Bank Of India FAQs

What is the share price of Bank Of India?

Company share prices are keep on changing according to the market conditions. The closing price of Bank Of India on 21-Nov-2024 16:59 is ₹101.4.

What is the market cap of Bank Of India?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 21-Nov-2024 16:59 the market cap of Bank Of India stood at ₹47,598.1.

What is the P/E ratio of Bank Of India?

The latest P/E ratio of Bank Of India as of 21-Nov-2024 16:59 is 6.45.

What is the P/B ratio of Bank Of India?

The latest P/B ratio of Bank Of India as of 21-Nov-2024 16:59 is 0.73.

What is the 52-week high and low of Bank Of India?

The 52-week high of Bank Of India is ₹158.0 and the 52-week low is ₹96.00.

What is the TTM revenue of Bank Of India?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Bank Of India is ₹65,672 ( Cr.) .

About Bank Of India

Bank of India (BoI) was founded on September 07, 1906 by a group of eminent businessmen from Mumbai. The bank was under private ownership and control till July 1969 when it was nationalized along with 13 other banks. Beginning with one office in Mumbai, with a paid-up capital of Rs 50 lakh and 50 employees, the bank has made a rapid growth over the years and blossomed into a mighty institution with a strong national presence and sizable international operations. In business volume, the bank occupies a premier position among the nationalized banks.

The bank has many branches in India spread over all states/ union territories including specialized branches. These branches are controlled through Zonal Offices and NBG Offices. The bank came out with its maiden public issue in 1997 and follow on Qualified Institutions Placement in February 2008.
While firmly adhering to a policy of prudence and caution, the bank has been in the forefront of introducing various innovative services and systems. Business has been conducted with the successful blend of traditional values and ethics and the most modern infrastructure. The bank has been the first among the nationalized banks to establish a fully computerized branch and ATM facility at the Mahalaxmi Branch at Mumbai way back in 1989. The bank is also a founder member of SWIFT in India. It pioneered the introduction of the Health Code System in 1982, for evaluating/ rating its credit portfolio.

Business area of the bank

Bank of India provides a wide range of products and services in deposits, loans, NRI banking, cards, and online services such as Internet banking. Also a wide variety of new products and services like Kits introduced for NRI Customers opening NRE/ NRO accounts at foreign centers, Launched Marathi version of the Bank’s website, Enabling internet banking customers to make online Fixed Deposit, etc.

Awards and recognition

2012-13:

The Bank has been awarded as ‘The Best Bank for excellence in AADHAR related UIDAI programme of Government of India at the hands of Prime Minister at DODU village near Jaipur in Rajasthan’.
The Bank has been awarded the ‘Outlook Money Award 2012’ for ‘Best Education Loan’ provider.
Bank has been declared ET’s 2nd Most Trusted Brand in India.
The Bank has been conferred with National Award-2011 for implementing PMEGP scheme in West Zone.

2013-14:

Bank received ‘MSME Excellence Award 2013’ at the hands of Deputy Chairman, Planning Commission, Government of India.
Bank received ‘IBA Instituted award at BANCON 2013’ for “Most Innovative Mass Retail Lender” for underserved segments.
Bank has been awarded the ‘Outlook Money Award 2012’ for ‘Best Education Loan provider’.

2014-15:

Bank received ‘Best MSME Bank’ and ‘Best Bank for Operational Performance’ awards.
Bank received ‘Outlook Money Award’ for ‘Best Home Loan Provider’ under Runner up category.
Bank received Skoch Group ‘Financial Inclusion Deepening Award’.
Bank won ‘IT excellence award’ by ETNOW and VMWare for effectively implementing Virtualization in the Bank.
Bank received ‘Best HR Technology award, 2014’ from Banking Frontiers at Mumbai.

2015-16:

Bank has been rated by ET Bureau as the ‘Second Most Trusted Brand’ in India among the PSU banks in November, 2015.

2016-17:

Bank of India has been ranked as the 2nd Most Trusted Bank in the PSU Bank category by Economic Times.
Bank awarded as Best Bank for Managing IT Ecosystem among Large Banks in IDRBT Banking Technology Excellence Awards for FY 2015-16.
Bank received the Best Bank Award for Electronic Payments among Large Banks from IDRBT Banking Technology Excellence Awards for FY 2015-16.

2017-18:

Bank of India ranked as the 2nd Most Trusted Bank in the PSU Bank category by Economic Times.
Bank of India has been conferred ‘Market Achievers’ Award’ in Currency Derivatives Segment amongst Public Sector Banks by NSE.
Bank of India awarded as ‘Best Performer in Currency Derivative Segment’ amongst all Banks’ Category by BSE.
Bank of India awarded as ‘The Most Efficient Bank in Kenya’ by Think Business Banking Award 2018.
Bank of India-Uganda Subsidiary awarded for ‘Best Company Keeping Image High Award 2018’ from Indian Business Forum, Uganda.

2018-19:

2nd Most Trusted Bank in the PSU Bank category by Economic Times.
‘Market Achievers’ Award’ in Currency Derivatives Segment amongst Public Sector Banks by NSE.
‘Best Performer in Currency Derivative Segment’ amongst all Banks’ Category by BSE.
Bank has been conferred Second Position among PSU Banks for performance under Sukanya Samriddhi by the National Savings Institute (Ministry of Finance) for the year 2017-18.
Bank of India awarded APY- Makers of Excellence Award by PFRDA for enrolment in APY in November, 2018.
‘India’s Top Organisation with Innovative HR Practices’ award in PSUs in the Asia Pacific HRM Congress in Bengaluru.

2019-20:

Bank of India won the second Most Trusted Brand Award in the Banks category awarded by the Reader’s Digest Trusted Brand, 2019.
In the India Banking Summit & Awards 2019, Bank of India ranked as Best Public Sector Bank 2019 by Synnex Group.
Best Performing Public Sector Bank in APY Formation Day Campaign (FY2019-20) by PFRDA.
ETBFSI Excellence Awards 2019- Most Innovative Large Size Bank of the Year for QR Cash.
Bank of India has been conferred CSO-100 Award-2019 from IDG Media for Implementation of Best Information Security Practices.
Bank has won Infosys Finacle Clients Innovation Award 2019.