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Bank of India

NSEI:BANKINDIA
Snowflake Description

High growth potential with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BANKINDIA
NSEI
₹295B
Market Cap
  1. Home
  2. IN
  3. Banks
Company description

Bank of India Limited provides various banking products and services. The last earnings update was 5 days ago. More info.


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BANKINDIA Share Price and Events
7 Day Returns
6.3%
NSEI:BANKINDIA
7.4%
IN Banks
4.9%
IN Market
1 Year Returns
-10.8%
NSEI:BANKINDIA
15.4%
IN Banks
0.8%
IN Market
BANKINDIA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Bank of India (BANKINDIA) 6.3% -8.9% 7.6% -10.8% 9.5% -72.3%
IN Banks 7.4% 1.5% 15.9% 15.4% 58.9% 23.8%
IN Market 4.9% -1.6% 9.4% 0.8% 39.5% 45.6%
1 Year Return vs Industry and Market
  • BANKINDIA underperformed the Banks industry which returned 15.4% over the past year.
  • BANKINDIA underperformed the Market in India which returned 0.8% over the past year.
Price Volatility
BANKINDIA
Industry
5yr Volatility vs Market

Value

 Is Bank of India undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Bank of India. This is due to cash flow or dividend data being unavailable. The share price is ₹88.1.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Bank of India's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Bank of India's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:BANKINDIA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in INR ₹-29.14
BSE:532149 Share Price ** BSE (2019-05-21) in INR ₹88.2
India Banks Industry PE Ratio Median Figure of 21 Publicly-Listed Banks Companies 29.56x
India Market PE Ratio Median Figure of 2,757 Publicly-Listed Companies 15.52x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Bank of India.

NSEI:BANKINDIA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:532149 Share Price ÷ EPS (both in INR)

= 88.2 ÷ -29.14

-3.03x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Bank of India is loss making, we can't compare its value to the IN Banks industry average.
  • Bank of India is loss making, we can't compare the value of its earnings to the India market.
Price based on expected Growth
Does Bank of India's expected growth come at a high price?
Raw Data
NSEI:BANKINDIA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -3.03x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 8 Analysts
86.2%per year
India Banks Industry PEG Ratio Median Figure of 19 Publicly-Listed Banks Companies 1.15x
India Market PEG Ratio Median Figure of 561 Publicly-Listed Companies 1.3x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Bank of India, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Bank of India's assets?
Raw Data
NSEI:BANKINDIA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in INR ₹210.88
BSE:532149 Share Price * BSE (2019-05-21) in INR ₹88.2
India Banks Industry PB Ratio Median Figure of 40 Publicly-Listed Banks Companies 0.6x
India Market PB Ratio Median Figure of 3,638 Publicly-Listed Companies 1.05x
NSEI:BANKINDIA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:532149 Share Price ÷ Book Value per Share (both in INR)

= 88.2 ÷ 210.88

0.42x

* Primary Listing of Bank of India.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Bank of India is good value based on assets compared to the IN Banks industry average.
X
Value checks
We assess Bank of India's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Banks industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Banks industry average (and greater than 0)? (1 check)
  5. Bank of India has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Bank of India expected to perform in the next 1 to 3 years based on estimates from 8 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
86.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Bank of India expected to grow at an attractive rate?
  • Bank of India's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Bank of India's earnings growth is expected to exceed the India market average.
  • Bank of India's revenue growth is expected to exceed the India market average.
Annual Growth Rates Comparison
Raw Data
NSEI:BANKINDIA Future Growth Rates Data Sources
Data Point Source Value (per year)
NSEI:BANKINDIA Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 8 Analysts 86.2%
NSEI:BANKINDIA Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 8 Analysts 52.4%
India Banks Industry Earnings Growth Rate Market Cap Weighted Average 31.8%
India Banks Industry Revenue Growth Rate Market Cap Weighted Average 18.7%
India Market Earnings Growth Rate Market Cap Weighted Average 16.9%
India Market Revenue Growth Rate Market Cap Weighted Average 10.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NSEI:BANKINDIA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NSEI:BANKINDIA Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-03-31 224,668 35,150 1
2021-03-31 228,466 32,136 7
2020-03-31 207,183 31,535 5
NSEI:BANKINDIA Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2019-03-31 22,086 -54,266
2018-03-31 6,053 119,892 -59,613
2017-03-31 65,628 -332,537 -14,701

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Bank of India's earnings are expected to grow significantly at over 20% yearly.
  • Bank of India's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NSEI:BANKINDIA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below

All data from Bank of India Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:BANKINDIA Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-03-31 12.74 12.74 12.74 1.00
2021-03-31 11.40 14.00 9.20 5.00
2020-03-31 11.41 12.10 10.13 3.00
NSEI:BANKINDIA Past Financials Data
Date (Data in INR Millions) EPS *
2019-03-31 -29.14
2018-03-31 -51.83
2017-03-31 -14.83

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Bank of India is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Bank of India's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Bank of India has a total score of 5/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Bank of India performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Bank of India's growth in the last year to its industry (Banks).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Bank of India does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Bank of India's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Bank of India's 1-year growth to the IN Banks industry average as it is not currently profitable.
Earnings and Revenue History
Bank of India's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Bank of India Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:BANKINDIA Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 22,086.20 -54,265.70 60,818.20
2018-03-31 6,053.12 -59,613.12 71,002.81
2017-03-31 65,628.01 -14,700.93 70,005.23
2016-03-31 13,674.10 -62,042.60 71,077.94
2015-03-31 100,451.54 20,129.05 66,926.01
2014-03-31 103,917.12 29,867.82 55,267.86
2013-03-31 88,290.80 28,199.00 42,598.70

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Bank of India has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Bank of India has efficiently used its assets last year compared to the IN Banks industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Bank of India improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Bank of India's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Banks industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Bank of India has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Bank of India's financial position? (This company is analysed differently as a bank or financial institution)

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of Bank of India's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Bank of India Company Filings, last reported 1 month ago.

NSEI:BANKINDIA Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 478,141.00 442,651.90 293,220.90
2018-03-31 369,156.29 435,982.55 670,429.97
2017-03-31 337,102.41 394,914.17 709,487.21
2016-03-31 334,436.59 511,032.72 679,417.59
2015-03-31 326,907.79 400,986.87 480,061.06
2014-03-31 308,577.30 484,275.10 444,983.26
2013-03-31 245,444.40 353,694.00 553,771.20
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • Bank of India has an acceptable proportion of non-loan assets held.
  • Bank of India's liabilities are made up of primarily low risk sources of funding.
  • Loans at Bank of India are broadly funded by customer deposits.
  • Bank of India's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).
  • Unable to establish if Bank of India has a sufficient allowance for bad loans without relevant financial data.
  • Bank of India has a high level of bad loans (greater than 2%).
X
Financial health checks
We assess Bank of India's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Bank of India has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Bank of India's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Bank of India dividends. Estimated to be 1.84% next year.
If you bought ₹2,000 of Bank of India shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Bank of India's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Bank of India's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NSEI:BANKINDIA Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below
India Banks Industry Average Dividend Yield Market Cap Weighted Average of 18 Stocks 0.4%
India Market Average Dividend Yield Market Cap Weighted Average of 1401 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NSEI:BANKINDIA Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
2022-03-31 2.23 1.00
2021-03-31 1.84 5.00
2020-03-31 1.29 5.00
NSEI:BANKINDIA Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2016-07-20 0.000 0.000
2016-06-20 0.000 0.000
2016-05-24 0.000 0.000
2015-06-29 5.000 4.323
2015-05-28 5.000 2.774
2014-05-30 5.000 1.933
2014-05-15 5.000 1.621
2014-01-17 10.000 4.837
2013-07-02 10.000 5.224
2012-07-02 7.000 2.301
2012-01-19 7.000 2.012
2011-05-25 7.000 2.047
2010-06-10 7.000 1.580
2010-05-27 7.000 2.137
2009-07-08 8.000 2.240

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Bank of India has not reported any payouts.
  • Unable to verify if Bank of India's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Bank of India's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Bank of India has not reported any payouts.
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (5.7x coverage).
X
Income/ dividend checks
We assess Bank of India's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Bank of India afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Bank of India has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Bank of India's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Dinabandhu Mohapatra
COMPENSATION ₹0
AGE 58
TENURE AS CEO 2 years
CEO Bio

Shri. Dinabandhu Mohapatra has been the Chief Executive Officer, Managing Director and Director of Bank of India Limited since May 5, 2017. Previously, Shri. Mohapatra served as an Executive Director of Canara Bank Limited from January 22, 2016 to May 2017. He was overseeing International Operations, Overseas Credit, Strategic Planning &Development (including Economic Intelligence & BPR), Retail Resources, Marketing, Selling & Cross-selling, Government Business and Fee Income Vertical, Corporate Credit, PAG & Syndication, CDR & Stressed Accounts, Financial Management & Subsidiaries. He served as the General Manager of Bank of India Limited until January 2016. He joined Bank of India as a Direct Recruit Officer in the year 1984. During his career spanning over three decades, he has headed various Branches, Departments, Zones and National Banking Groups in Eastern, Western, Northern and Southern parts of the country. He carries his vast knowledge and multi-dimensional banking experience including Treasury Operations, International Banking, Priority Sector Lending, Corporate Lending, Marketing, Recovery, Human Resources, spanning over thirty three years. Shri. Mohapatra serves as Vice Chairman of Canbank Factors Ltd. He has been Director at Export-Import Bank of India since August 02, 2017. He served as Director on the Boards of Canara Bank’s Subsidiaries – CHOICe, Canbank Factors & Canbank Computer Services Limited. He earned a post-graduate in Economics and holding a degree in Law.

CEO Compensation
  • Insufficient data for Dinabandhu to compare compensation growth.
  • Dinabandhu's remuneration is lower than average for companies of similar size in India.
Management Team Tenure

Average tenure and age of the Bank of India management team in years:

1.3
Average Tenure
58
Average Age
  • The average tenure for the Bank of India management team is less than 2 years, this suggests a new team.
Management Team

Dinabandhu Mohapatra

TITLE
MD, CEO & Executive Director
AGE
58
TENURE
2 yrs

Chaitanya Chintapalli

TITLE
Executive Director
AGE
58

Atanu Kumar Das

TITLE
Executive Director

Neelam Damodharan

TITLE
Executive Director
AGE
59

Kollegal Raghavendra

TITLE
GM & CFO
TENURE
1.3 yrs

Chandran Mouli

TITLE
Assistant General Manager

Rajeev Bhatia

TITLE
Company Secretary & Compliance Officer

Sheoji Meena

TITLE
General Manager of Marketing/CMO/Resource Mobilisation/Third party products

Shankardas Gupta

TITLE
Chief Risk Officer & GM
TENURE
0.9 yrs

Devendra Sharma

TITLE
Chief Vigilance Officer & GM
Board of Directors Tenure

Average tenure and age of the Bank of India board of directors in years:

1.8
Average Tenure
58
Average Age
  • The average tenure for the Bank of India board of directors is less than 3 years, this suggests a new board.
Board of Directors

Gopalaraman Padmanabhan

TITLE
Non-Executive Chairman of the Board
AGE
63
TENURE
3.8 yrs

Dinabandhu Mohapatra

TITLE
MD, CEO & Executive Director
AGE
58
TENURE
2 yrs

Chaitanya Chintapalli

TITLE
Executive Director
AGE
58
TENURE
1.6 yrs

Atanu Kumar Das

TITLE
Executive Director
TENURE
2.3 yrs

Neelam Damodharan

TITLE
Executive Director
AGE
59
TENURE
2.3 yrs

Veni Thapar

TITLE
Part-Time Non-Official Director
AGE
46
TENURE
2.9 yrs

Devarajan Harish

TITLE
Independent Shareholder Director
AGE
55
TENURE
1.6 yrs

Debabrata Sarkar

TITLE
Independent Shareholder Director
AGE
65
TENURE
1.6 yrs

Dakshita Das

TITLE
Government Nominee Director
AGE
56
TENURE
0.8 yrs

S. Murmu

TITLE
Director
TENURE
0.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
23. Apr 19 Buy India Company 20. Apr 19 20. Apr 19 517,633,928 ₹89.60 ₹46,379,985,882
18. Feb 19 Buy India Company 16. Feb 19 16. Feb 19 953,758,865 ₹10.00 ₹9,537,583,285
X
Management checks
We assess Bank of India's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Bank of India has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Why Bank of India Limited (NSE:BANKINDIA) Could Be A Buy

Bank of India Limited (NSE:BANKINDIA), operating in the financial services industry based in India,. … As a mid-cap stock with high coverage by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock? … Let’s examine Bank of India’s valuation and outlook in more detail to determine if there’s still a bargain opportunity

Simply Wall St -

Why These Fundamentals Make Bank of India Limited’s (NSE:BANKINDIA) More Attractive

As a small-cap finance stock with a market capitalisation of ₹152.51b, the risk and profitability of Bank of India Limited (NSE:BANKINDIA) are largely tied to the underlying economic growth of the region it operates in IN. … Since a bank profits from reinvesting its clients’ deposits in the form of loans, negative economic growth may lower deposit levels and demand for loan, adversely impacting its cash flow. … The Basel III reforms are aimed at banking regulations to improve financial institutions’ ability to absorb shocks caused by economic stress which could expose banks like Bank of India to vulnerabilities.

Simply Wall St -

Does Bank of India Limited (NSE:BANKINDIA) Fall With The Market?

A market capitalisation of ₹192.08B puts BANKINDIA in the basket of established companies, which is not a guarantee of low relative risk, though they do tend to experience a lower level of relative risk compared to smaller entities. … An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive. … As a result, the company may be less volatile relative to broad market movements, compared to a company of similar size but higher proportion of fixed assets.

Simply Wall St -

Should You Buy Bank of India Limited (NSE:BANKINDIA) Now?

Bank of India Limited (NSEI:BANKINDIA), operating in the financial services industry based in India, saw a double-digit share price rise of over 10% in the past couple of months on the NSEI. … The stock’s ratio of 0.35x is currently trading slightly below its industry peers’ ratio of 1.06x, which means if you buy Bank of India today, you’d be paying a relatively fair price for it. … And if you believe Bank of India should be trading in this range, then there isn’t much room for the share price grow beyond what it’s currently trading.

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Should You Be Concerned About Bank of India Limited’s (NSE:BANKINDIA) Liquidity?

This means the bank exhibits very strong leverage management and is well-positioned to repay its debtors in the case of any adverse events since it has an appropriately high level of equity relative to the debt it has taken on to remain in business. … Relative to the prudent industry loan to deposit level of 90%, Bank of India’s ratio of over 67.91% is markedly lower, which means the bank is lending out less than its total level of deposits and places the bank in a relatively safe liquidity position given it has not excessively lent out its deposits and has maintained a suitable level for compliance. … Given the large headroom for growth in loans, the bank has opportunity to grow its interest income.Next Steps: Bank of India passes all of our liquidity and leverage checks which shows it is prudent in managing those factors.

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Was Bank of India Limited's (NSE:BANKINDIA) Earnings Growth Better Than The Industry's?

For Bank of India, its most recent trailing-twelve-month earnings is -₹14.70B, which, relative to the previous year's level, has become less negative. … NSEI:BANKINDIA Income Statement Mar 9th 18 We can further examine Bank of India's loss by looking at what the industry has been experiencing over the past few years. … Each year, for the past half a decade Bank of India has seen an annual decline in revenue of -8.93%, on average.

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Bank of India Limited's (NSE:BANKINDIA) Path To Profitability

View our latest analysis for Bank of India BANKINDIA is bordering on breakeven, according to analysts. … How fast will BANKINDIA have to grow each year in order to reach the breakeven point by 2015? … Working backwards from analyst estimates, it turns out that they expect the company to grow 69.79% year-on-year, on average, which is rather optimistic!

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What Is Bank of India Limited's (NSE:BANKINDIA) Share Price Doing?

Bank of India Limited (NSEI:BANKINDIA), operating in the financial services industry based in India, saw a significant share price rise of over 20% in the past couple of months on the NSEI. … The stock’s ratio of 0.54x is currently trading slightly below its industry peers’ ratio of 1.27x, which means if you buy Bank of India today, you’d be paying a relatively reasonable price for it. … Bank of India’s optimistic future growth appears to have been factored into the current share price, with shares trading around its fair value.

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Company Info

Description

Bank of India Limited provides various banking products and services. It operates through Treasury Operations, Wholesale Banking, and Retail Banking segments. The company accepts various deposit products, such as savings, current, salary, term, and tax saving deposits. It also offers home, education, vidya, vehicle, personal, pensioner, holiday, top-up, and demand/term loans, as well as loan for Pradhan Mantri Awas Yojana and against property; housing loans to NRIs/PIOs; overdraft against securities; loans against FCNR deposits; and loans for corporate and MSME customers. In addition, the company provides cash management services; trade finance; project finance and syndication services; online share trading services; insurance products and services; mutual fund products; portfolio management services; credit, debit, and prepaid cards; and remittance, online banking and payment, online income tax return, and ATM and other kiosk services, as well as cards, loans, and services to rural customers. As of March 31, 2018, it operated 5,127 branches in India; and 29 branches and 30 representative offices internationally. The company was founded in 1906 and is headquartered in Mumbai, India.

Details
Name: Bank of India Limited
BANKINDIA
Exchange: NSEI
Founded: 1906
₹295,250,793,835
3,276,923,350
Website: http://www.bankofindia.co.in
Address: Bank of India Limited
Star House,
8th Floor, East Wing,
Mumbai,
Maharashtra, 400051,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 532149 Equity Shares Mumbai Stock Exchange IN INR 07. May 1997
NSEI BANKINDIA Equity Shares National Stock Exchange of India IN INR 07. May 1997
Number of employees
Current staff
Staff numbers
48,680
Bank of India employees.
Industry
Diversified Banks
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/21 12:48
End of day share price update: 2019/05/21 00:00
Last estimates confirmation: 2019/05/21
Last earnings filing: 2019/05/16
Last earnings reported: 2019/03/31
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.