Bank of Baroda Full Year 2024 Earnings: EPS: ₹36.29 (vs ₹28.82 in FY 2023)
Bank of Baroda (NSE:BANKBARODA) Full Year 2024 Results
Key Financial Results
- Revenue: ₹601.4b (up 17% from FY 2023).
- Net income: ₹187.7b (up 26% from FY 2023).
- Profit margin: 31% (up from 29% in FY 2023). The increase in margin was driven by higher revenue.
- EPS: ₹36.29 (up from ₹28.82 in FY 2023).
BANKBARODA Banking Performance Indicators
- Net interest margin (NIM): 3.18% (down from 3.31% in FY 2023).
- Cost-to-income ratio: 47.7% (no change from 47.7% in FY 2023).
- Non-performing loans: 2.92% (down from 3.82% in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Bank of Baroda Earnings Insights
The primary driver behind last 12 months revenue was the Corporate/ Wholesale Banking segment contributing a total revenue of ₹495.7b (82% of total revenue). The largest operating expense was General & Administrative costs, amounting to ₹242.6b (59% of total expenses). Explore how BANKBARODA's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Banks industry in India.
Performance of the Indian Banks industry.
The company's shares are up 5.1% from a week ago.
Risk Analysis
You should learn about the 1 warning sign we've spotted with Bank of Baroda.
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About NSEI:BANKBARODA
Bank of Baroda
Provides various banking products and services to individuals, government departments, and corporate customers in India and internationally.
Undervalued established dividend payer.
