1. 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.
2. 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.
3. Is Bank Of India a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Bank Of India is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
|Net Interest Income (₹ Cr.)||9,135||10,955||11,465||11,848||11,979||10,634||13,798||15,399||14,433||14,197||16,691|
|YoY Gr. Rt. %||-||19.9%||4.7%||3.3%||1.1%||-11.2%||29.8%||11.6%||-6.3%||-1.6%||-|
|YoY Gr. Rt. %||-||18.3%||13%||-4.6%||1.4%||-4.8%||3.7%||7.9%||-3.3%||-3.1%||-|
|Adj EPS (₹ )||47.3||46.5||30.3||-76||-13.9||-34.2||-19.7||-9.3||6.4||8.5||7.8|
|YoY Gr. Rt. %||-||-1.7%||-34.9%||-351%||NA||NA||NA||NA||NA||33.8%||-|
|BVPS (₹ )||390.8||420.9||435.7||318.8||248.1||178.7||133||118.1||124.1||120.7||123.9|
|YoY Gr. Rt. %||-||7.7%||3.5%||-26.8%||-22.2%||-28%||-25.6%||-11.2%||5.1%||-2.8%||-|
|To view Net Profit/Total Funds (%) Colour Rating Guide click here ⓘ|
|Net Profit/Total Funds (%)||0.7||0.5||0.3||-1||-0.3||-1||-0.9||-0.5||0.3||0.5||0.4|
|To view Net NPA to Net Advances (%) Colour Rating Guide click here ⓘ|
|Net NPA to Net Advances (%)||2.1||2||3.4||7.8||6.9||8.3||5.6||3.9||3.4||2.3||-|
|To view Capital Adequacy Ratio (%) Colour Rating Guide click here ⓘ|
|Capital Adequacy Ratio (%)||-||-||-||-||-||-||-||-||-||-||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Net Interest Income||5%||3.5%||1%||-1.6%|
Key Financial Ratios
|RATIOS \ YEARS||Mar'13||Mar'14||Mar'15||Mar'16||Mar'17||Mar'18||Mar'19||Mar'20||Mar'21||Mar'22||TTM|
|Interest Earned / Total Income||89.45||89.82||91.08||91.98||85.3||86.76||89.54||86.22||85.56||82.7||87|
|Margins||To view Margins Colour Rating Guide click here ⓘ|
|Performance Ratios||To view Performance Ratios Colour Rating Guide click here ⓘ|
|Return on Equity (%)||12.6||10.9||6.2||-23||-6.1||-21.2||-16.2||-7.8||5.5||7.6||6.3|
|Liquidity Ratio||To view Liquidity Ratio Colour Rating Guide click here ⓘ|
Return on Equity has increased versus last 3 years average to 6.40%
Total Income has increased 0.36 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
Net Profit has declined 0.00 CAGR in last 3 years
|TTM EPS (₹)||7.7||7.8|
|TTM Sales (₹ Cr.)||40,702||40,915|
|BVPS (₹.) ⓘ||120.3||123.9|
|Reserves (₹ Cr.) ⓘ||45,266||46,753|
|From the Market|
|52 Week Low / High (₹)||40.40 / 84.60|
|All Time Low / High (₹)||8.75 / 588.00|
|Market Cap (₹ Cr.)||33,383|
|Equity (₹ Cr.)||4,103.6|
|Face Value (₹)||10|
|Industry PE ⓘ||13|
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