Q3 Results:
Bank of India Q3 Results: Third-quarter Net Interest Income rose 7.3% to ₹6,008.56 crore, from ₹5,600.35 crore in the same period last year. Net profit increased by 11.5% to ₹1,573.88 crore on a yearly basis, compared to ₹1,411.53 crore in Q3 FY24.
About Bank of India
Bank of India (BoI) is a public sector bank in India. It provides a wide array of banking and financial services. It operates in the Banking and Financial Services sector. The bank was founded on 7th September, 1906, and has a long-standing presence in the industry with a history spanning many years. The headquarters is located in Bandra Kurla Complex, Mumbai, Maharashtra, India. Bank of India provides many services, which include home loans, personal loans, business loans and education loans. The bank also offers services like savings accounts and recurring deposits. +
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LOGINOver 1 Month
21.81%
Over 6 Months
10.16%
Over 1 Year
-16.59%
Over 3 Years
130.50%
Bank of India Summary
Close
₹117.10
Open
₹116
High
₹117.80
Low
₹114.80
Volume
1,70,71,220
Net Turnover (in Cr)
₹198.93
52Wk High
₹157.95
52Wk Low
₹90.05
52Wk High / Low
90.05
157.95
Bank of India Fundamentals
Key Financial Data
Market Cap (in Cr)
₹53,311.74
EPS (TTM)
17.64
Book Value (BV)
148
Div. Yield
2.39
%
P/E (TTM)
6.64
Price/Book Value
0.79
Delivery %
40.95
%
Face Value
10
Key Ratios
PE Ratio
9.87
PB Ratio
1.01
EV to Sales
13.15
PEG Ratio
0.24
ROA
0.70
ROE
11.07
Debt-Equity
-
Net Profit Margin
-
Operating Profit Margin
-
Bank of India Financials
Profit and Loss
| Particulars (in ₹ Cr.) | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Total Revenue | 67,306.47 | 55,142.86 | 46,291.46 | 47,750.38 | 49,399.66 |
| Total Expenses | 57,113.34 | 49,044.15 | 40,717.81 | 44,472.56 | 53,969.49 |
| Profit Before Tax | 10,375.17 | 6,055.96 | 5,654.84 | 3,159.59 | -4,691.66 |
| Profit After Tax | 6,566.57 | 3,839.34 | 3,487.31 | 2,080.56 | -3,051.24 |
| Operating Profit After Depreciation | 10,193.13 | 6,098.71 | 5,573.65 | 3,277.81 | -4,569.82 |
Balance Sheet
| Particulars (in ₹ Cr.) | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Fixed Assets | 10,177.51 | 9,950.13 | 9,570.11 | 8,637.09 | 8,765.29 |
| Total Assets | 9,24,280.35 | 8,26,035.75 | 7,43,131.33 | 7,32,790.10 | 6,63,018.84 |
| Total Shareholder's Fund | 70,581.25 | 60,432.94 | 56,521.85 | 49,980.23 | 45,073.15 |
Cash Flow
| Particulars (in ₹ Cr.) | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Net Cash From Operating Activities | -4,436.94 | -7,045.04 | -35,486.91 | 37,868 | -4,827.08 |
| Net Cash Used In Investing Activities | -991.05 | -521.34 | -643.95 | -181.60 | -231.80 |
| Net Cash Used In Financing Activities | 3,867.67 | 540.77 | 1,146.13 | 2,398.16 | -3,192.06 |
Profit and Loss
| Particulars (in ₹ Cr.) | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Total Revenue | 66,804.34 | 54,747.61 | 45,954.56 | 47,441.30 | 49,066.34 |
| Total Expenses | 56,705.28 | 48,518.30 | 40,387.80 | 44,204.60 | 53,669.06 |
| Profit Before Tax | 10,099.07 | 6,229.31 | 5,566.76 | 3,236.71 | -4,602.72 |
| Profit After Tax | 6,317.92 | 4,022.94 | 3,404.70 | 2,160.30 | -2,956.89 |
| Operating Profit After Depreciation | 10,099.07 | 6,229.31 | 5,566.76 | 3,236.71 | -4,602.72 |
Balance Sheet
| Particulars (in ₹ Cr.) | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Fixed Assets | 10,078.81 | 9,852.43 | 9,489.56 | 8,550.27 | 8,690.37 |
| Total Assets | 9,12,597.92 | 8,15,555.61 | 7,34,614.01 | 7,25,856.45 | 6,56,995.48 |
| Total Shareholder's Fund | 68,880.67 | 58,970.61 | 55,131.24 | 48,685.59 | 43,816.32 |
Cash Flow
| Particulars (in ₹ Cr.) | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Net Cash From Operating Activities | -2,933.30 | -5,799.42 | -35,316.27 | 38,063.06 | -4,833.93 |
| Net Cash Used In Investing Activities | -1,890.22 | -1,345.02 | -834.66 | -336.86 | -350.43 |
| Net Cash Used In Financing Activities | 3,365.34 | -17.88 | 1,127.90 | 2,398.16 | -3,170.82 |
| Particulars (in ₹ Cr.) | 2024-12 | 2024-09 | 2024-06 | 2024-03 | 2023-12 |
|---|---|---|---|---|---|
| Total Revenue | - | - | - | - | - |
| Total Expenses | - | - | - | - | - |
| Profit Before Tax | 3,446.65 | 3,138.36 | 2,422.04 | 1,797.05 | 2,538.82 |
| Profit After Tax | - | - | - | - | - |
| Operating Profit after Depreciation | - | - | - | - | - |
| Particulars (in ₹ Cr.) | 2024-12 | 2024-09 | 2024-06 | 2024-03 | 2023-12 |
|---|---|---|---|---|---|
| Total Revenue | - | - | - | - | - |
| Total Expenses | - | - | - | - | - |
| Profit Before Tax | 3,398.87 | 3,104.36 | 2,384.05 | 1,731.20 | 2,502.83 |
| Profit After Tax | - | - | - | - | - |
| Operating Profit after Depreciation | - | - | - | - | - |
Bank of India Technicals
Support and Resistance
S3
S2
S1
Pivot
R1
R2
R3
S1
112.57
S2
109.67
S3
107.80
Pivot
114.44
R1
117.34
R2
119.21
R3
122.11
Moving Average
20 SMA
107.19
50 SMA
103.17
100 SMA
104.37
200 SMA
109.14
Bank of India Corporate Actions
Bank of India
₹2.8/Share
Announcement Date
18 Jun 2024
Record Date
18 Jun 2024
Div Yield
28%
Bank of India Peer Comparison
| Company | Price | Market Cap (in Cr) |
|---|---|---|
| HDFC Bank Ltd | ₹1,906.55 | ₹14,58,934.32 |
| ICICI Bank Ltd | ₹1,406.65 | ₹10,01,948.86 |
| State Bank of India | ₹797.10 | ₹7,11,381.46 |
| Kotak Mahindra Bank Ltd | ₹2,188 | ₹4,35,023.19 |
| Axis Bank Ltd | ₹1,190.65 | ₹3,68,794.94 |
Bank of India Top Mutal Funds Invested
| Fund Name | AUM |
|---|---|
| SBI Contra Fund | 0.56% |
| DSP Midcap Fund | 1.11% |
| Aditya Birla SL PSU Equity Fund | 3.33% |
| Nippon India Growth Fund | 0.47% |
| SBI Banking & Financial Services Fund | 2.14% |
Bank of India News
Bank of India spurts 2.2%
Bank of India is quoting at Rs 98.01, up 2.2% on the day as on 12:49 IST on the NSE. The stock is down 32.55% in last one year as compared to a 0.46% drop in NIFTY and a 20.14% drop in the Nifty PSU Bank index.
05 Mar 2025, 01:06 pm
Bank of India eases for fifth straight session
Bank of India is quoting at Rs 95.63, down 0.98% on the day as on 13:19 IST on the NSE. The stock tumbled 27.25% in last one year as compared to a 0.67% rally in NIFTY and a 18.76% fall in the Nifty PSU Bank index.
28 Feb 2025, 01:35 pm
Bank of India raises Rs 2,690 cr via long term infra bonds
18 Feb 2025, 07:13 pm
Bank of India receives affirmation in credit ratings from CARE
07 Feb 2025, 07:29 pm
Bank of India up for five straight sessions
Bank of India is quoting at Rs 112.38, up 1.03% on the day as on 12:44 IST on the NSE. The stock is down 22.71% in last one year as compared to a 8.13% gain in NIFTY and a 2.63% gain in the Nifty PSU Bank.
31 Jan 2025, 01:00 pm
Bank of India Stock Analysis
- Annual revenue for Bank of India increased by 22.02% to ₹66,804.34 crore in FY 2024 from ₹54,747.61 crore in FY 2023.
- Annual Net Profit for Bank of India increased by 57.05% to ₹6,317.92 crore in FY 2024 from ₹4,022.94 crore in FY 2023.
- Promoter Shareholding in Bank of India remains unchanged by 0.00% in the most recent quarter, from 73.38% in December 2024 to 73.38% in March 2025.
- Bank of India delivered a 1-year return of -16.59% compared to the Nifty 50, which provided a return of 5.82% as of the last trading session.
- Bank of India share price moved up by 1.40% from its previous close of INR ₹115.48. The latest Bank of India share price is INR ₹117.10.
- Bank of India share price today has been at a low of 114.80 and a high of 117.80. Over the past 52 weeks, the Bank of India share price has seen a low of 90.05 and a high of 157.95.
About Bank of India
Bank of India (BoI) is a public sector bank in India. It provides a wide array of banking and financial services. These services include personal and business banking. This means it has loans, deposits, cards, insurance, and investment products.
It operates in the Banking and Financial Services sector. Bank of India was established on September 7, 1906. With a history spanning many years, it has a long-standing presence in the industry. The headquarters of the Bank of India is located in the Bandra Kurla Complex, Mumbai, Maharashtra, India. This strategic location places it at the heart of India’s financial capital. The primary promoter of the Bank of India is the Government of India at 73.38%, ensuring robust support and stability.
Bank of India offers a diverse range of products. It offers home loans, personal loans, business loans, MSME loans, and education loans. There are also services for savings accounts, fixed deposits, and recurring deposits. The bank also does Internet banking and mobile banking. It also provides debit cards and credit cards. The bank also provides life insurance and general insurance services. There are also services for investments like Mutual funds and government bonds. It also provides NRI Services like accounts and investment options for Non-Resident Indians.
The registered office is located at Star House, C-5, G Block, Bandra Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra, India. The bank is managed by a Board of Directors, with key positions held by senior officials appointed by the Government of India. Here are the main managing promoters of the bank:
Early Years and Establishment Bank of India was founded with a paid-up capital of ₹5 million and 50 employees. The founders envisioned a bank that would cater to the financial needs of the Indian population. It will be adhering to high standards of integrity and service. The bank’s first office was in Mumbai, which was then the commercial capital of India. From its start, the Bank of India focused on providing superior banking services. This helped it quickly gain the trust and confidence of its customers.
Pre-Independence Era During the pre-independence era, the Bank of India played a crucial role in supporting the Indian economy. It provided financial assistance to various sectors, including agriculture, industry, and trade. The bank’s commitment to serving the nation was evident in its efforts to support the economic activities of the time. Despite the challenges posed by colonial rule, the Bank of India continued to grow and expand its operations.
Post-Independence and Nationalization After India gained independence in 1947, the Bank of India continued to play a vital role in the country’s economic development. The bank’s growth route took a significant turn on July 19, 1969. It was nationalized along with 13 other major banks. Nationalization marked a new chapter in the bank’s history. It became a public sector bank under the ownership and control of the Government of India. This move aimed to ensure that banking services reached the masses and contributed to the socio-economic development of the country.
Expansion and Technological Advancements Post-nationalization, the Bank of India embarked on an ambitious expansion plan. It opened numerous branches across India, including rural and semi-urban areas. This ensured that banking services were accessible to a broader population. The bank also ventured into international markets, establishing branches in key financial centres around the world. Today, the Bank of India has a presence in 15 foreign countries. It has 47 branches/offices, including subsidiaries and joint ventures.
Bank of India has been at the forefront of adopting technological advancements to enhance its services. In 1989, it became the first nationalized bank to establish a fully computerized branch and ATM facility at its Mahalaxmi Branch in Mumbai. The bank is also a founding member of SWIFT (Society for Worldwide Interbank Financial Telecommunications). This facilitates cost-effective financial processing and communication services.
Innovations and Contributions Over the years, the Bank of India has introduced several innovative services and systems. It pioneered the Health Code System in 1982 for evaluating and rating its credit portfolio. The bank has also been proactive in implementing various government schemes aimed at financial inclusion. This includes the Pradhan Mantri Jan Dhan Yojana (PMJDY). The scheme has brought millions of unbanked individuals into the formal banking system.
Bank of India’s journey from a single office in Mumbai to a global banking institution is big. It is proof of its resilience, innovation, and commitment to excellence. The bank has a rich history spanning over a century. It has significantly contributed to India’s economic development and financial inclusion. Bank of India remains a pillar of strength and trust for its customers, both in India and abroad.
It operates in the Banking and Financial Services sector. Bank of India was established on September 7, 1906. With a history spanning many years, it has a long-standing presence in the industry. The headquarters of the Bank of India is located in the Bandra Kurla Complex, Mumbai, Maharashtra, India. This strategic location places it at the heart of India’s financial capital. The primary promoter of the Bank of India is the Government of India at 73.38%, ensuring robust support and stability.
Bank of India offers a diverse range of products. It offers home loans, personal loans, business loans, MSME loans, and education loans. There are also services for savings accounts, fixed deposits, and recurring deposits. The bank also does Internet banking and mobile banking. It also provides debit cards and credit cards. The bank also provides life insurance and general insurance services. There are also services for investments like Mutual funds and government bonds. It also provides NRI Services like accounts and investment options for Non-Resident Indians.
The registered office is located at Star House, C-5, G Block, Bandra Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra, India. The bank is managed by a Board of Directors, with key positions held by senior officials appointed by the Government of India. Here are the main managing promoters of the bank:
- M R Kumar
- Rajneesh Karnatak
- P R Rajagopal
- M Karthikeyan
- Rajiv Mishra
History of the Bank
Bank of India (BoI) is one of India’s oldest and most respected financial institutions. It was established on September 7, 1906, by a group of eminent businessmen from Mumbai. The bank has grown from a single office to a global entity with a significant presence in the banking sector.Early Years and Establishment Bank of India was founded with a paid-up capital of ₹5 million and 50 employees. The founders envisioned a bank that would cater to the financial needs of the Indian population. It will be adhering to high standards of integrity and service. The bank’s first office was in Mumbai, which was then the commercial capital of India. From its start, the Bank of India focused on providing superior banking services. This helped it quickly gain the trust and confidence of its customers.
Pre-Independence Era During the pre-independence era, the Bank of India played a crucial role in supporting the Indian economy. It provided financial assistance to various sectors, including agriculture, industry, and trade. The bank’s commitment to serving the nation was evident in its efforts to support the economic activities of the time. Despite the challenges posed by colonial rule, the Bank of India continued to grow and expand its operations.
Post-Independence and Nationalization After India gained independence in 1947, the Bank of India continued to play a vital role in the country’s economic development. The bank’s growth route took a significant turn on July 19, 1969. It was nationalized along with 13 other major banks. Nationalization marked a new chapter in the bank’s history. It became a public sector bank under the ownership and control of the Government of India. This move aimed to ensure that banking services reached the masses and contributed to the socio-economic development of the country.
Expansion and Technological Advancements Post-nationalization, the Bank of India embarked on an ambitious expansion plan. It opened numerous branches across India, including rural and semi-urban areas. This ensured that banking services were accessible to a broader population. The bank also ventured into international markets, establishing branches in key financial centres around the world. Today, the Bank of India has a presence in 15 foreign countries. It has 47 branches/offices, including subsidiaries and joint ventures.
Bank of India has been at the forefront of adopting technological advancements to enhance its services. In 1989, it became the first nationalized bank to establish a fully computerized branch and ATM facility at its Mahalaxmi Branch in Mumbai. The bank is also a founding member of SWIFT (Society for Worldwide Interbank Financial Telecommunications). This facilitates cost-effective financial processing and communication services.
Innovations and Contributions Over the years, the Bank of India has introduced several innovative services and systems. It pioneered the Health Code System in 1982 for evaluating and rating its credit portfolio. The bank has also been proactive in implementing various government schemes aimed at financial inclusion. This includes the Pradhan Mantri Jan Dhan Yojana (PMJDY). The scheme has brought millions of unbanked individuals into the formal banking system.
Bank of India’s journey from a single office in Mumbai to a global banking institution is big. It is proof of its resilience, innovation, and commitment to excellence. The bank has a rich history spanning over a century. It has significantly contributed to India’s economic development and financial inclusion. Bank of India remains a pillar of strength and trust for its customers, both in India and abroad.
FAQ’s
What is the share price of Bank of India today?
Bank of India share price as on 17 Apr 2025 is ₹
117.1
What is the Market Cap of Bank of India?
The market cap of Bank of India stock is ₹53,311.74 Cr.
What is the PE Ratio of Bank of India?
The Price to Earnings (P/E) Ratio of Bank of India is 9.87
What is the PB Ratio of Bank of India?
The Price to Book (P/B) Ratio of Bank of India is 1.01
What is the 52 week high of Bank of India Share Price?
The 52 week high of Bank of India share price stands at ₹157.95
What is the 52 week low of Bank of India Share Price?
The 52 week low of Bank of India share price stands at ₹90.05
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