Bank of India Future Growth

Future criteria checks 2/6

Bank of India is forecast to grow earnings and revenue by 12% and 12.6% per annum respectively. EPS is expected to grow by 9.6% per annum. Return on equity is forecast to be 9.9% in 3 years.

Key information

12.0%

Earnings growth rate

9.6%

EPS growth rate

Banks earnings growth	9.4%
Revenue growth rate	12.6%
Future return on equity	9.9%
Analyst coverage	Low
Last updated	14 May 2024

Recent future growth updates

Recent updates

With EPS Growth And More, Bank of India (NSE:BANKINDIA) Makes An Interesting Case

Dec 30

Bank of India's (NSE:BANKINDIA) Shareholders Are Down 68% On Their Shares

Jan 18

What Type Of Returns Would Bank of India's(NSE:BANKINDIA) Shareholders Have Earned If They Purchased Their SharesFive Years Ago?

Oct 05

Did Changing Sentiment Drive Bank of India's (NSE:BANKINDIA) Share Price Down A Worrying 70%?

Jun 22

Earnings and Revenue Growth Forecasts

NSEI:BANKINDIA - Analysts future estimates and past financials data (INR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2027	363,729	83,241	N/A	N/A	1
3/31/2026	353,771	91,878	N/A	N/A	2
3/31/2025	315,147	80,095	N/A	N/A	3
3/31/2024	254,993	65,645	-737,048	-728,543	N/A
12/31/2023	261,953	64,021	N/A	N/A	N/A
9/30/2023	251,642	53,863	-596,931	-589,771	N/A
6/30/2023	231,222	47,419	N/A	N/A	N/A
3/31/2023	204,722	38,380	-498,817	-492,584	N/A
12/31/2022	178,976	31,146	N/A	N/A	N/A
9/30/2022	176,449	31,959	-648,301	-641,150	N/A
6/30/2022	178,524	34,148	N/A	N/A	N/A
3/31/2022	177,437	34,926	-369,413	-363,693	N/A
12/31/2021	168,597	28,876	N/A	N/A	N/A
9/30/2021	158,037	25,019	21,638	25,462	N/A
6/30/2021	145,204	19,723	N/A	N/A	N/A
3/31/2021	142,842	20,828	-341,929	-338,439	N/A
12/31/2020	84,371	-16,010	N/A	N/A	N/A
9/30/2020	72,251	-20,732	-800,942	-791,394	N/A
6/30/2020	64,671	-23,594	N/A	N/A	N/A
3/31/2020	60,426	-30,510	-406,204	-396,585	N/A
12/31/2019	128,169	7,671	N/A	N/A	N/A
9/30/2019	60,638	-40,198	-188,199	-184,180	N/A
6/30/2019	35,586	-54,268	N/A	N/A	N/A
3/31/2019	17,355	-54,266	-90,740	-87,762	N/A
3/31/2018	6,053	-59,613	116,457	119,892	N/A
3/31/2017	65,628	-14,701	N/A	-332,537	N/A
3/31/2016	13,674	-62,043	N/A	370,706	N/A
3/31/2015	100,452	20,129	N/A	-411,490	N/A
3/31/2014	103,917	29,868	N/A	-891,125	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: BANKINDIA's forecast earnings growth (12% per year) is above the savings rate (6.7%).

Earnings vs Market: BANKINDIA's earnings (12% per year) are forecast to grow slower than the Indian market (16.7% per year).

High Growth Earnings: BANKINDIA's earnings are forecast to grow, but not significantly.

Revenue vs Market: BANKINDIA's revenue (12.6% per year) is forecast to grow faster than the Indian market (9.6% per year).

High Growth Revenue: BANKINDIA's revenue (12.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: BANKINDIA's Return on Equity is forecast to be low in 3 years time (9.9%).

Bank of India Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Price target increased by 9.2% to ₹135

Price target increased by 7.8% to ₹111

Price target increased by 23% to ₹113

Price target increased to ₹68.00

Price target decreased to ₹57.75

Price target decreased to ₹61.80

Recent updates

Bank of India Limited, Annual General Meeting, Jun 25, 2024

Dividend of announced

Full year 2024 earnings released: EPS: ₹15.48 (vs ₹9.35 in FY 2023)

Bank of India Limited Recommends Dividend for the Fiscal Year 2023-2024

Bank of India Limited Elevates Prashant Thapliyal from General Manager to Chief General Manager

Bank of India Limited Appoints Rajiv Mishra as Executive Director

Bank of India Limited Appoints M.R. Kumar as Part-Time Non-Official Director as Well as Non-Executive Chairman

Third quarter 2024 earnings released: EPS: ₹4.59 (vs ₹2.23 in 3Q 2023)

Investor sentiment improves as stock rises 15%

Price target increased by 9.2% to ₹135

Bank of India Limited to Report Q3, 2024 Results on Feb 02, 2024

Second quarter 2024 earnings released: EPS: ₹3.65 (vs ₹2.08 in 2Q 2023)

Bank of India Limited to Report Q2, 2024 Results on Nov 04, 2023

Price target increased by 7.8% to ₹111

Bank of India Looks to Put Bad Loans Worth INR 150,000 Million on the Block

First quarter 2024 earnings released: EPS: ₹3.81 (vs ₹1.60 in 1Q 2023)

Bank of India Limited Announces Appointment of Yusuf H Roopwalla as Chief Technology Officer

Bank of India Limited to Report Q1, 2024 Results on Jul 28, 2023

Bank of India Limited Announces Board Changes

Bank of India Limited Approves Dividend for the Year 2022-2023

Bank of India Reportedly Looks to Sell INR 6,700 Million Loans of KSK Mahanadi Power

Upcoming dividend of ₹2.00 per share at 2.7% yield

Full year 2023 earnings released: EPS: ₹9.35 (vs ₹9.07 in FY 2022)

Bank of India Limited Announces CFO Changes

Bank of India Limited, Annual General Meeting, Jun 27, 2023

Full year 2023 earnings released: EPS: ₹9.35 (vs ₹9.07 in FY 2022)

Bank of India Limited Recommends Dividend for the Financial Year 2022-23

Price target increased by 23% to ₹113

Investor sentiment improves as stock rises 20%

Bank of India Limited Announces Resignation of Atanu Kumar Das as Managing Director and Chief Executive Officer

Third quarter 2023 earnings released: EPS: ₹2.23 (vs ₹2.43 in 3Q 2022)

Bank of India Limited to Report Q3, 2023 Results on Jan 17, 2023

With EPS Growth And More, Bank of India (NSE:BANKINDIA) Makes An Interesting Case

Investor sentiment improved over the past week

Bank of India Limited Announces Directorate Appointments

Less than half of directors are independent

Investor sentiment improved over the past week

Price target increased to ₹68.00

Second quarter 2023 earnings released

Investor sentiment improved over the past week

Bank of India Limited to Report Q2, 2023 Results on Nov 03, 2022

Bank of India Limited Announces Resignation Mr. P. N. Prasad Shareholder Director (Independent Director) from the Board of Directors

NPCI Reportedly to Pick Up Stake in ONDC

First quarter 2023 earnings released: EPS: ₹1.60 (vs ₹2.18 in 1Q 2022)

Bank of India Limited to Report Q1, 2023 Results on Aug 02, 2022

Bank of India Limited Approves Dividend for the Year 2021-2022

Bank of India Reportedly Scout for Buyers for INR 36.00B Distressed Loans

Upcoming dividend of ₹2.00 per share

Bank of India Limited, Annual General Meeting, Jul 15, 2022

Full year 2022 earnings released: EPS: ₹9.07 (vs ₹6.36 in FY 2021)

Bank of India Limited Recommends Dividend for the Fiscal Year 2022-2023

Bank of India Limited to Report Q4, 2022 Results on May 24, 2022

Bank of India Limited Announces Appointment of B. Kumar as Chief Risk Officer of the Bank in Place of Sripad D S Carapurkar

Less than half of directors are independent

Bank of India Limited Announces Change in Composition of Board of Directors

Phoenix ARC Reportedly in Talks with Banks to Acquire VVF India Loans

Price target decreased to ₹57.75

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Bank of India Limited (BSE:532149) completed the acquisition of remaining 49% stake in BOI AXA Trustee Services Private Limited and BOI AXA Investment Managers Private Limited from AXA Investment Managers Asia Holdings Private Limited.

Second quarter 2022 earnings released: EPS ₹2.80 (vs ₹1.66 in 2Q 2021)

Price target decreased to ₹61.80

Bank of India Limited has completed a Follow-on Equity Offering in the amount of INR 25.500126 billion.

Full year 2021 earnings released: EPS ₹6.36 (vs ₹9.39 loss in FY 2020)

Price target increased to ₹53.86

Full year 2021 earnings released: EPS ₹6.36 (vs ₹9.39 loss in FY 2020)

Bank of India Non-Performing Assets Reportedly Up for Sale

Government Nominee Non-Executive Director has left the company

Bank of India Limited announced that it has received INR 30 billion in funding from India

Bank of India Limited Appoints Directorate