Bank of India    
01 Jul 2020
39.80
-0.38%
buy
Geojit BNP Paribas
The growth in Advances along with stable asset quality will remain the key in the upcoming quarters. However, market environment still remains challenging. Hence, we retain our rating HOLD rating on the stock with a revised price target of Rs. 54 based on 0.4x FY22E BVPS. Negative bottom line due to higher provisioning In Q4FY20, Bank's Interest income stood at Rs. 10,528cr (-2.6% YoY), owing to contraction of 9bps and 70bps on yields of advances and investments, respectively. Net interest income slid down by 6.2% YoY to Rs. 3,793cr with NIM tightening 3bps YoY at...
Bank of India is trading below all available SMAs
Bank of India    
13 May 2020
39.80
-0.38%
buy
Geojit BNP Paribas
Supply-demand dynamics remain challenging and credit conditions are expected to deteriorate amid current pandemic. However, recent interest rate cuts and government stimulus should provide some respite. We continue to see banks NPAs remain at high levels given high exposure to infra, NBFC and real estate sector. We lowered our FY20-22E estimates and value the stock at 0.32x FY22E BVPS, with a revised target price of Rs. 38 and continue to rate HOLD. Corona update and impact on industry...
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Bank of India is trading below all available SMAs
Bank of India    
07 Feb 2020
39.80
-0.38%
buy
Geojit BNP Paribas
We expect asset quality to improve further in the upcoming quarters and upgrade our rating for the stock to HOLD with revised price target of Rs. 70 based on 0.42x FY22E BVPS. Domestic loans and deposits witness growth The bank's gross Loans and Advances grew 1.6% YoY to Rs. 378,686cr in Q3FY20, primarily driven by growth in Domestic loans (+6.7% YoY to Rs. 332,734cr). Domestic loans increased on the back of Govt. & Govt. guaranteed advances (+22.1% YoY), followed by Retail loans (+9.9% YoY). Within Retail loans, Home loan continued to...
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Bank of India is trading below all available SMAs
Bank of India    
22 Aug 2019
39.80
-0.38%
Geojit BNP Paribas
The company's GNPA reached Rs. 62,068 cr., and GNPA ratio deteriorated slightly in Q1FY20 (+66bps QoQ to 16.5%). NNPA ratio also witnessed similar weakness (+18bps QoQ to 5.8%). Capital adequacy ratio increased to 14.4% in Q1FY20 versus 11.4% in Q1FY19 and 14.2% in Q4FY19. Provision coverage ratio remained flat on QoQ basis,...
Bank of India has an average target of 54.00 from 1 broker.
Bank of India    
30 Jul 2019
39.80
-0.38%
Sharekhan
Bank of India (BOI) posted a mixed operating performance during Q1FY2020, with lower-than-expected growth in NII and PAT. Net interest income (NII) growth was sluggish due to weak growth in advances. Provisions during the quarter declined significantly by 25.4% y-o-y as a result BOI registered profit growth of 155% y-o-y. BOI saw deterioration in overall asset quality, as gross non-performing asset (GNPA) ratio increased by 66 BPS and net NPA increased by 18 BPS q-o-q during the quarter. Increased fresh slippages (gross) were...
Bank of India has lost -39.56% in the last 1 Year
Bank of India    
29 Jan 2019
39.80
-0.38%
ICICI Securities Limited
Elevated slippages & recognition of partial exposure of IL&FS; as substandard led to asset quality deterioration as GNPA ratio increased ~30 bps QoQ to 7.46%. Total IL&FS; exposure was at | 1715 crore out of which | 950 crore has been recognised as NPA while the remaining | 765 crore is standard. The bank has provided | 250 crore for the exposure. With elevated slippages provisions surged 152% YoY to ~| 974 crore Business traction remained muted as advances growth tapered down...
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Bank of India is trading below all available SMAs
Bank of India    
13 Nov 2018
39.80
-0.38%
HDFC Securities
Bank of India Q2FY19 results Comment NII fell to Rs. 2926.79 Cr in Q2FY19 compared to Rs. 3354.3 Cr in Q1FY19. NII rose by 0.64% ( Rs. 18.55 Cr ) when compared with the same period last year.
Bank of India has lost -39.56% in the last 1 Year
Bank of India    
28 May 2018, 12:00AM
39.80
-0.38%
Motilal Oswal
28 May 2018 BOI reported a loss of INR39.7b, as provisions soared to INR66.7b (highest in eight quarters), led by elevated NPA provisions of INR67b (largely related to the RBIs revised stressed asset guidelines). NII declined 26% YoY (10% miss, weighed down by INR10b of interest reversals), and other income fell 22% YoY due to treasury losses. NIM shrank 23bp QoQ to 1.65%. Loan growth was weak (-2.7% QoQ); however, retail loans grew 5.5%/14.4% QoQ/YoY. Slippages increased sharply to INR129.7b, but recoveries and up-gradations increased to INR129.6b (v/s INR13.
Bank of India has an average target of 54.00 from 1 broker.
Bank of India    
16 Feb 2018
39.80
-0.38%
HDFC Securities
Bank of India Q3FY18 results comment NII fell to Rs. 2501.23 Cr in Q3FY18 compared to Rs. 2908.24 Cr in Q2FY18. It displayed an erratic but decreasing trend from Q3FY17 to Q3FY18.
Bank of India has an average target of 54.00 from 1 broker.