Bank of India - Q3 Results are awesome!!

Bank of India Q3 fiscal 2024-25 (Q3FY25) Results:

Bank of India reported a rise of 34.6% in net profit to ₹2,516.7 crore compared to ₹1,869.5 crore in the corresponding period last year.

Net interest income (NII) for the quarter rose 11.1% to ₹6,070.3 crore , compared to ₹5,463.5 crore. The Bank's asset quality in the quarter improved from the previous quarter. Gross NPA ratio down by 1.66% YoY to 3.69%.

Retail Credit grew by 21.22% YoY. Agriculture Credit grew by 18.46% YoY. MSME Credit grew by 16.36% YoY. CASA deposits increased by 6.07% YoY and CASA ratio at 41.05%.

Return on Equity (RoE) improved by 1.57% at 16.53% in Q3FY'25 against 14.96% in Q3FY’24. Credit Cost stood at 0.39% in Q3FY25 against 0.46% in Q3FY24.

Book Value per share for the Q3 ended FY 2025 is at Rs. 142.6 and EPS for 3 quarters recorded at Rs. 14.48 per share against EPS for the previous year Rs. 14.9 per share. Bank of India share (Rs 98) currently trades at 0.66x the P/Bk Value and 5.5x the EPS FY 2025 expectations.

Warm regards,

Dr. Shashank M. Hiremath

DISM, B.Com, MBA, NET, M.Com, Ph.D.

Faculty, MBA Finance, Presidency Business School,

Presidency College, Bengaluru-24, Karnataka.

P: +91 9845239036

E: shashankmh2000@gmail.com

W: www.presidencycollege.ac.in

'An MBA is a financial investment in yourself'

Comments

Ace Your MBA Job Interview: Mastering Placement Season with Confidence!!

Ace Your MBA Job Interview: Mastering Placement Season with Confidence!! Dear Readers, The MBA journey is a rigorous climb, culminating in the crucial placement season. Landing your dream job hinges significantly on how you navigate the job interview. For MBA students, these interviews are not just Q&A sessions ; they are opportunities to showcase leadership potential, strategic thinking, and the value you bring to an organization. This article, inspired by common interview questions, will equip you with the insights to confidently navigate your MBA job interviews and secure your desired placement. 1) Crafting Your Narrative: "Tell Me About Yourself" This seemingly simple question is your opening act. Instead of reciting your resume, tell a compelling story. MBA students should weave together their academic journey, professional experiences, and career aspirations into a narrative that highlights their growth and trajectory. Explain what sparked your initial interest ...

Valuation of Stocks using Fundamental Analysis - Dr Shashank M Hiremath

Dear Investors, Valuation of Stocks using Fundamental Analysis!! While technical analysis is a widely used method for valuating stocks and predicting the future, fundamental analysis also becomes very important and critical many a times. It is not very easy to make money in the stock market by just doing technical analysis, reading charts, graphs etc all the time. Many researchers have proved that fundamental analysis is EQUALLY IMPORTANT . Here in this write-up, I would like to discuss more about the fundamental analysis of stocks before investing. Fundamental analysis is a stock valuation technique that uses financial and economic analysis to predict the movement of stock prices. The fundamental information to be analyzed should include a company's financial reports, non-financial reports such as growth estimates of demand for products and services,...

GIG ECONOMY AND GIG WORKERS IN HIGH DEMAND!! – DR SHASHANK M HIREMATH

Dear Readers, Greetings to everyone!! I would like to share an interesting development happening around us silently, and massively. It is about the 'GIG economy'. A gig is a job that lasts for a particular time duration, as long as the project life cycle exists, or as long as the company has a specific assignment. At the end of this article, I have mentioned the details of several Gig jobs available in India, cost of education, expected salaries etc. Just give 10 minutes of your time and read through this article which could change the lives of someone you know. What are Gig Jobs? In the 2000s, the digitalization of the economy and industry was carried out rapidly due to the development of information and communication technologies, such as the Internet and the popularization of smart phones. As a result, on-demand platforms (ODP) based on digital technology have created jobs and employment formats which are completely different from existing offline transactions by ...

Dr Shashank M Hiremath

Search This Blog