loader2
Partner With Us NRI

Bank of India share Price Today

Company details

128.25
130.95
69.50
157.95
6M Return 22.25%
1Y Return 72.19%
Mkt Cap.(Cr) 58,911.52
Volume 4,448,238
Div Yield 2.16%
OI
-
OI Chg %
-
Volume 4,448,238

Open Free Trading Account Online with ICICIDIRECT

Incur '0' Brokerage upto ₹500

Bank of India announced Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

  • Net Profit for the quarter improved by 7% YoY and stood at Rs 1,439 crore for Q4FY24 against Rs 1,350 crore in Q4FY23.
  • Operating Profit stood at Rs 3,557 crore for Q4FY24 against Rs 4,184 crore in Q4FY23.
  • Net Interest Income (NII) increased by 7% YoY and stood at Rs 5,937 crore for Q4FY24 against Rs 5,523 crore for Q4FY23.
  • Non-Interest Income stood at to Rs 1,751 crore for Q4FY24 against Rs 3,099 crore in Q4FY23. 
  • NIM (Global) stood at 2.92% in Q4FY24 against 3.15% in Q4FY23 and 2.85% in Q3FY24.
  • NIM (Domestic) stood at 3.30% in Q4FY24 against 3.59% in Q4FY23 and 3.21% in Q3FY24. 
  • Return on Assets (Global) stood at 0.61% in Q4FY24 against 0.63% in Q4FY23.
  • Cost to Income ratio (Global) stood at 53.73% in Q4FY24 against 51.48% in Q4FY23.
  • Yield on Advances (Global) improved by 52 bps YoY to 8.47% in Q4FY24 against 7.95% in Q4FY23.
  • Cost of Deposits (Global) stood at 4.71% in Q4FY24 against 3.91% in Q4FY23

FY24 Financial Highlights:

  • Net Profit increased by 57% YoY and stood at Rs 6,318 crore for FY24 against Rs 4,023 crore in FY23.
  • Operating Profit improved by 5.05% YoY and stood at Rs 14,069 crore for FY24 against Rs 13,393 crore in FY23.
  • Net Interest Income (NII) increased by 14% YoY and stood at Rs 23,053 crore for FY24 against Rs 20,275 crore in FY23.
  • Non-Interest Income stood at Rs 6,095 crore for FY24 against Rs 7,100 crore in FY23. 
  • NIM (Global) stood at 2.97% in FY24 against 3.01% in FY23.
  • NIM (Domestic) stood at 3.34% in FY24 against 3.43% in FY23.
  • Return on Assets (RoA) improved by 21 bps YoY to 0.70% in FY24 against 0.49% in FY23.
  • Return on Equity (RoE) improved by 282 bps YoY to 13.13% in FY24, against 10.31% in FY23.
  • Cost to Income ratio (Global) stood at 51.73% in FY24 against 5.1.08% in FY23.
  • Slippage Ratio stood at 1.58% in FY24 against 1.94% in FY23
  • Credit Cost stood at 0.78% in FY24 against 0.79% in FY23.
  • Yield on Advances (Global) improved by 101 bps to 8.38% in FY24 against 7.37% in FY23.
  • Cost of Deposits (Global) stood at 4.51% in FY24 against 3.67% in FY23.

Result PDF

View Other Company Results

Bank of India shares SWOT Analysis

Strengths (11)

  • Rising Net Cash Flow and Cash from Operating activity
  • Strong Annual EPS Growth
  • Effectively using its capital to generate profit - RoCE improving in last 2 years

Weakness (1)

  • Red Flag: High Interest Payments Compared to Earnings

Opportunity (1)

  • Stock with Low PE (PE < = 10)

Threats (4)

  • Increasing Trend in Non-Core Income
  • Increase in NPA in Recent Results
  • Increase in Provisions in Recent Results

Resistance and support

R1 130.8
R2 132.0
R3 133.2
Pivot

129.57

S1 128.3
S2 127.1
S3 125.9
EMA SMA
131.9
135.1
131.8
120.6
132.6
137.5
136.2
119.2
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
SOCIETE GENERALE Block Purchase 2024-04-23 141.25 2566792 NSE
MARSHALL WACE INVESTMENT STRATEGIES - EUREKA FUND Block Sell 2024-04-23 141.25 2566792 NSE
MARSHALL WACE INVESTMENT STRATEGIES EUREKA FUND Block Purchase 2024-01-25 133.15 13661922 NSE
Name Category Shares
PRESIDENT OF INDIA PROMOTER 73.38%

OUR RESEARCH VIEW

Investment recommendation
Continued recovery in growth & RoA to drive valuations
Call Date
15 Jan 2024
Entry Price 129.00
Target Price 165.00
Duration
12-18 Month

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Bank of India Stocks COMPARISON

Financials( in Cr) Bank of India HDFC Bank Ltd ICICI Bank Ltd State Bank of India Axis Bank Ltd
Price 129.40 1,518.40 1,117.05 829.70 1,165.40
% Change -0.12 0.67 1.37 0.86 0.49
Mcap Cr 58,911.52 1,153,514.97 784,430.04 740,475.06 359,708.87
Revenue TTM Cr 47,931.69 170,754.05 121,066.81 350,844.58 87,448.37
Net Profit TTM Cr 3,839.34 46,148.70 34,463.03 56,558.43 10,852.66
PE TTM 8.98 17.90 17.51 10.15 13.58
1 Year Return 72.19 -7.16 17.81 39.45 25.34
ROCE 0.00 0.00 0.00 0.00 0.00
ROE 7.45 17.20 17.66 18.44 8.75
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 60,432.95 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 38,211.58 -20,152.87
LAST 3M 113,440.41 -31,179.37
LAST 6M 172,266.38 32,742.67
LAST 12M 272,035.18 123,918.17
Bank of India - Analysts/Institutional Investor Meet/Con. Call Updates

May 29, 2024 l NSE Announcement

Bank of India - Loss of Share Certificates

May 28, 2024 l NSE Announcement

Bank Of India - Copy of Newspaper Publication

May 27, 2024 l NSE Announcement

Date Action Type Ratio
Jun 18, 2024 Dividend 28
Jun 20, 2023 Dividend 20
Jul 07, 2022 Dividend 20

Bank of India Information

Stock PE (TTM)
8.98
Promoter Holding
73.38%
Book Value
139.7545
ROE
7.45%
Description
  • Bank of India is an Indian nationalised bank. It was incorporated in 1906 and is headquartered in Mumbai. Its owner is the Ministry of Finance, Government of India, since its nationalisation in 1969. For the quarter ended March 2022, the bank’s total income was Rs. 11,553.31 crore. The total income growth was 2.51%. On 16 June 2022, the bank’s market capitalisation was worth Rs. 17,419 crore.

    Bank of India’s share is listed on the Bombay Stock Exchange with the code 532149, and on the National Stock Exchange with the code BANKINDIA.

    Bank of India has more than 5,000 branches spread across all states and union territories of India, including specialised branches. There are 59 zonal offices and 10 NBG offices controlling the operations of all the branches. The bank also has 45 international offices/branches. These include 23 own branches, one representative office, four subsidiaries, and one joint venture.

    Bank of India is a founding member of SWIFT (Society for Worldwide Inter Bank Financial Telecommunications). The operations overseas exist in banking and financial centres of the world, including London, Hong Kong, Paris, New York, Tokyo, Singapore, and DIFC Dubai.

    The current Managing Director & CEO of the bank is Shri Atanu Kumar Das. The other directors of the bank include Shri P R Rajagopal, Shri Swarup Dasgupta, Shri M Karthikeyan, Ms Monika Kalia, Shri Subrata Das, Ms Veni Thapar, Dr Bhushan Kumar Sinha, Shri Munish Kumar Ralhan, and Shri P N Prasad.

    BOI’s share price on NSE was Rs. 42.45 on 16 June 2022. BOI’s share price on BSE was Rs. 42.40. From the previous trading day, 15 June 2022, Bank of India’s share price today is down by 4.50% and 4.40% on NSE and BSE, respectively. The 52-week high for Bank of India’s share price was Rs. 81.85, and the 52-week low for the bank’s share price was Rs. 40.45.

    Disclaimer- ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code :07730), BSE Ltd (Member Code :103) and Member of Multi Commodity Exchange of India Ltd. (Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Mr. Anoop Goyal, Contact number: 022-40701000, E-mail address: complianceofficer@icicisecurities.com. Investment in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest.  I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose.

Registered Address

Star House 8th Flr C-5 G Block, Bandra-Kurla Complex Bandra(E), Mumbai, Maharashtra, 400051

Tel : 91-22-66684444
Email : headoffice.share:bankofindia.co.in
Website : http://www.bankofindia.co.in
Registrar

Sharepro Services India P Ltd

AGM Date (Month) : Jun
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 532149
NSE Code : BANKINDIA
Book Closure Date (Month) : Jun
BSE Group : A
ISIN : INE084A01016

FAQ’s on Bank of India Shares

You can buy Bank of India shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Bank of India Share.

Company share prices and volatile and keep changing according to the market conditions. As of May 30, 2024 01:04 PM the closing price of Bank of India was Rs.129.40.

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 May 30, 2024 01:04 PM, the market cap of Bank of India stood at Rs. 58,911.52.

The latest PE ratio of Bank of India as of May 30, 2024 01:04 PM is 8.98

The latest PB ratio of Bank of India as of May 30, 2024 01:04 PM is 1.08

The 52-week high of Bank of India share price is Rs. 157.95 while the 52-week low is Rs. 69.50

According to analyst recommendations, Bank of India Share has a "Buy" rating for the long term.

Download App

Download Our App

Play Store App Store
market app