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Bank Of Baroda Results

BoB gains 5% after reporting Q2 results; Check why the stock is in demand

BoB's net profit during the quarter under review rose 23.2 per cent Y-o-Y to Rs 5,238 crore

BoB gains 5% after reporting Q2 results; Check why the stock is in demand
Updated On : 28 Oct 2024 | 10:10 AM IST

Bank of Baroda Q2 FY25 results: Net profit rises 23% to Rs 5,238 crore

Bank's MD and CEO says the deposit costs have peaked with prospects for moderation

Bank of Baroda Q2 FY25 results: Net profit rises 23% to Rs 5,238 crore
Updated On : 26 Oct 2024 | 12:33 AM IST

Bank of Baroda net profit rises 23% to Rs 5,238 crore in Sep quarter

State-owned Bank of Baroda (BoB) on Friday reported a 23 per cent growth in net profit to Rs 5,238 crore in the September quarter. The bank had earned a net profit of Rs 4,253 crore in the second quarter of the previous fiscal. Total income rose to Rs 35,445 crore in the quarter under review from Rs 32,033 crore in the same period a year ago, BoB said in a regulatory filing. Interest income of the bank increased to Rs 30,263 crore in the July-September quarter from Rs 27,862 crore in FY24. Asset quality of the bank witnessed improvement with gross non-performing assets (NPAs) falling to 2.50 per cent of gross advances at the end of the September quarter of 2024 as against 3.32 per cent a year ago. Net NPAs or bad loans also declined to 0.60 per cent from 0.76 per cent in the year-ago period. Its Capital Adequacy Ratio rose to 16.26 per cent over 15.30 per cent at the end of September 2023.

Bank of Baroda net profit rises 23% to Rs 5,238 crore in Sep quarter
Updated On : 25 Oct 2024 | 8:20 PM IST

Bank of Baroda Q2 results on Friday, Oct 25; what are key expectations?

Bank of Baroda Q2 results preview: Bank of Baroda is expected to see near flat growth in net profit, on a quarter-on-quarter (Q-o-Q) basis, in the July-September quarter of financial year 2024-25

Bank of Baroda Q2 results on Friday, Oct 25; what are key expectations?
Updated On : 23 Oct 2024 | 12:17 PM IST

BoB raises Rs 5,000 cr through infra bond issue, second in a fortnight

State-owned Bank of Baroda on Monday announced that it has raised Rs 5,000 crore through a 10-year infrastructure bond issuance subscribed by domestic investors. This is the second issuance from the lender in a fortnight after the Rs 5,000 crore sale on August 26 and comes amid a raft of such issuances. Banks have become more aggressive at tapping into such avenues given the slower deposit growth in the system. The bank was able to squeeze the pricing of the newest offering to 7.26 per cent, 0.04 per cent lower than its last one, officials said, adding this is the tightest pricing for an issuance in recent times. Both the issuances were oversubscribed nearly three times, and it was investor feedback on missing out at the last issuance that prompted the bank to come back with another offering sooner. With the latest issuance, the bank has exhausted the board's approved limit to raise Rs 10,000 crore from infra bond issuances and there are no immediate plans to raise more, the offic

BoB raises Rs 5,000 cr through infra bond issue, second in a fortnight
Updated On : 09 Sep 2024 | 10:47 PM IST

Trading tips: What should you do with Bank of Baroda stock after Q1 result?

Bank of Baroda share price: On July 31, Bank of Baroda reported a standalone net profit of Rs 4,458 crore for Q1FY25, rising 9.5 per cent over the previous year profit

Trading tips: What should you do with Bank of Baroda stock after Q1 result?
Updated On : 01 Aug 2024 | 12:05 PM IST

Bank of Baroda Q1 result: PAT up 10% at Rs 4,458 cr on decline in bad loans

Bank of Baroda (BoB) on Wednesday reported a 10 per cent increase in standalone net profit to Rs 4,458 crore in the June 2024 quarter, helped by a decline in bad loans. The state-owned bank had posted a net profit of Rs 4,070 crore in the year-ago period. Total income in the quarter rose to Rs 32,116 crore from Rs 29,878 crore, BoB said in a regulatory filing. The lender's interest income also increased to Rs 29,629 crore against Rs 26,556 crore in the same quarter a year ago. Gross Non Performing Assets (NPAs) declined to 2.88 per cent of gross advances by June 2024 from 3.51 per cent in FY24. Net NPAs too declined to 0.69 per cent compared to 0.78 per cent at the end of the first quarter of the previous year. As a result, provisions and contingencies came down to Rs 1,011 crore in the April-June period of FY25 against Rs 1,947 crore in the year-ago period. The capital adequacy ratio of the bank improved to 16.82 per cent at the end of June 2024 compared to 15.84 per cent in th

Bank of Baroda Q1 result: PAT up 10% at Rs 4,458 cr on decline in bad loans
Updated On : 31 Jul 2024 | 5:58 PM IST

Q1 preview: What to expect from Bank of Baroda results on July 31? Details

Bank of Baroda Q1 results 2025: Bank of Baroda's Q1 FY25 net profit may fall up to 16 per cent Q-o-Q

Q1 preview: What to expect from Bank of Baroda results on July 31? Details
Updated On : 30 Jul 2024 | 1:34 PM IST

Bank of Baroda Q4 results: Net profit rises 2.3% to Rs 4,886 crore

Bank sets aside Rs 550 crore for its exposure to GoFirst

Bank of Baroda Q4 results: Net profit rises 2.3% to Rs 4,886 crore
Updated On : 10 May 2024 | 9:29 PM IST

Bank of Baroda Q4 preview: Analysts see dip in profit amid soft loan growth

Bank of Baroda Q4 results preview: Bank of Baroda, which posted a net profit of Rs 4,775.3 crore in the corresponding quarter of the previous fiscal (Q4FY23), may report up to 8 per cent year-on-year

Bank of Baroda Q4 preview: Analysts see dip in profit amid soft loan growth
Updated On : 09 May 2024 | 12:44 PM IST

BoB Q3 results: PAT up 19% at Rs 4,579 cr; to raise upto Rs 2,500 cr in Q4

Its Capital Adequacy Ratio stood at 14.72 per cent with Common Tier I Capital of 11.11 per cent at the end of December 2023

BoB Q3 results: PAT up 19% at Rs 4,579 cr; to raise upto Rs 2,500 cr in Q4
Updated On : 31 Jan 2024 | 11:12 PM IST

BoB Q3 results: Profit up 19% at Rs 4,579 cr, total income at Rs 31,416 cr

State-owned Bank of Baroda (BoB) on Wednesday posted a 19 per cent increase in profit at Rs 4,579 crore for third quarter ended December 2023. The bank had earned a net profit of Rs 3,853 crore in the same quarter a year ago. Total income increased to Rs 31,416 crore during the quarter under review from Rs 27,092 crore in the same period last year, BoB said in a regulatory filing. Interest income of the bank rose to Rs 28,605 crore from Rs 23,540 crore in the third quarter of previous fiscal. Gross Non-Performing Assets (NPAs) of the bank declined to 3.08 per cent of gross loans by the end of December 2023 from 4.53 per cent a year ago. Similarly, net NPAs or bad loans came down to 0.70 per cent from 0.99 per cent at the end of third quarter of the previous fiscal. However, Capital Adequacy Ratio of the bank moderated to 14.72 per cent as against 14.93 per cent at the end of December 2022. During December quarter FY24, the bank made a contingent provision of Rs 50.49 crore in re

BoB Q3 results: Profit up 19% at Rs 4,579 cr, total income at Rs 31,416 cr
Updated On : 31 Jan 2024 | 3:42 PM IST

Bank of Baroda to report Q3FY24 results on Jan 31; Here's what to expect

Bank of Baroda news: Higher cost of deposits could put pressure on net interest margins, brokerages pointed out in their result preview report.

Bank of Baroda to report Q3FY24 results on Jan 31; Here's what to expect
Updated On : 30 Jan 2024 | 12:07 PM IST

Bank of Baroda Q2 preview: Profit may rise upto 26% Y-o-Y; NIM outlook eyed

Bank of Baroda Q2 preview: Analysts expect net profit to come in anywhere between Rs 3,484.4 crore (up 5.2 per cent Y-o-Y) and Rs 4,178.9 crore (up 26 per cent Y-o-Y)

Bank of Baroda Q2 preview: Profit may rise upto 26% Y-o-Y; NIM outlook eyed
Updated On : 03 Nov 2023 | 12:56 PM IST

Bank of Baroda to report Q1FY24 results on Aug 5; here's what to expect

Bank of Baroda Q1FY24 results preview: Analysts expect growth in personal loan book to remain robust, taking the total loan book to Rs 9.61 trillion

Bank of Baroda to report Q1FY24 results on Aug 5; here's what to expect
Updated On : 04 Aug 2023 | 1:15 PM IST

Bank of Baroda's Q2 net jumps 58.7% aided by rise in NII, dip in provisions

Provisions of the lender declined 41 per cent YoY to Rs 1,628 crore in Q2FY23.

Bank of Baroda's Q2 net jumps 58.7% aided by rise in NII, dip in provisions
Updated On : 05 Nov 2022 | 3:13 PM IST

We are on the path of recovery, says Bank of Baroda CEO Sanjiv Chadha

Broadly the trend we have seen is that retail is growing faster than corporate loans, said Chadha

We are on the path of recovery, says Bank of Baroda CEO Sanjiv Chadha
Updated On : 26 Aug 2022 | 6:08 AM IST

Sensex dips 1,024 pts amid rising oil price, FII selling; Nifty holds 17200

FIIs' favorite names and heavyweights like HDFC twins, ICICI Bank, Infosys, Kotak Bank, and Reliance Industries saw sharp cuts

Sensex dips 1,024 pts amid rising oil price, FII selling; Nifty holds 17200
Updated On : 07 Feb 2022 | 3:56 PM IST

Bank of Baroda Q3 net profit doubles to Rs 2,197 cr on lower provisions

Asset quality of the bank improved both sequentially and on a YoY basis; provisions of the lender fell over 27% to Rs 2,506 cr

Bank of Baroda Q3 net profit doubles to Rs 2,197 cr on lower provisions
Updated On : 05 Feb 2022 | 5:19 PM IST

Bank of Baroda Q2 net up 24% at Rs 2,088 cr on robust non-interest income

Non-interest income grew by 23 per cent to Rs 3,579 crore in Q2FY22 from Rs 2,910 crore in Q2FY21 a year ago

Bank of Baroda Q2 net up 24% at Rs 2,088 cr on robust non-interest income
Updated On : 10 Nov 2021 | 11:22 PM IST