Bank of India (BANKINDIA) AI Stock Analysis

• Market Cap: ₹550.87B
• Dividend Yield: 3.39%
• Average Volume (3M): 247.92K
• Price to Earnings (P/E): 5.8
• Beta (1Y): 1.38
• Revenue Growth: 18.55%
• EPS Growth: 31.54%
• Country: IN
• Employees: 50,944
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 5.00
• Shares Outstanding: 4,552,668,000
• 10 Day Avg. Volume: 413,227
• 30 Day Avg. Volume: 247,924
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹122.00
• Price Target Upside: 2.05% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 67 Neutral
• Price Target: ₹122.00 ▲(2.05% Upside)

The overall stock score of 67 reflects strong valuation metrics, particularly the low P/E ratio and reasonable dividend yield, which are offset by technical indicators showing neutral momentum and financial performance challenges, such as high leverage and cash flow issues.

Bank of India Business Overview & Revenue Model

Company 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, salary, current, term, and tax saving deposits. It also offers home, education, vehicle, personal, pensioner, and top-up 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; 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, 2022, it operated 5,105 branches in India; and 22 branches and 1 representative office internationally. The company was incorporated in 1906 and is headquartered in Mumbai, India.

How the Company Makes Money

Bank of India generates revenue through multiple streams. Primarily, it earns income from interest on loans and advances provided to individuals and businesses, which constitutes a significant portion of its revenue. The bank also earns through fees and commissions from various services such as processing fees on loans, credit card charges, and transaction fees on retail and corporate banking services. Additionally, Bank of India invests in government securities and other financial instruments, earning interest and trading income. The bank's international operations, including foreign exchange services and trade financing, also contribute to its revenue. Partnerships with financial institutions for co-branded products and services, as well as collaborations in digital banking initiatives, further enhance its revenue stream.

Bank of India Financial Statement Overview

Summary

Bank of India shows robust revenue growth and a strong equity position, indicating resilience and potential for expansion. However, high leverage and cash flow challenges need attention to ensure sustainable financial health.

Income Statement

Bank of India has demonstrated strong revenue growth with a significant increase from the previous year, indicating positive momentum. The gross profit margin is consistently high, reflecting effective cost management. However, the net profit margin is moderate, suggesting room for improving profitability. The EBIT and EBITDA margins are solid but show fluctuations over the years, highlighting potential operational efficiencies that could be enhanced.

Balance Sheet

The balance sheet reflects a stable equity position with an acceptable equity ratio, providing a buffer against liabilities. Despite this, the debt-to-equity ratio is relatively high, indicating substantial leverage, which could pose risks if not managed carefully. Return on equity is strong, demonstrating effective use of equity to generate profits.

Cash Flow

The company faces challenges in cash flow management, with negative operating and free cash flows suggesting liquidity issues. This is offset by strong financing cash flows, indicating reliance on external funding. The ratios of cash flow to net income reveal that earnings are not translating effectively into cash, a potential area for improvement.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	667.14B	297.68B	672.06B	204.72B	177.44B	142.84B
Gross Profit	324.52B	297.68B	294.49B	263.60B	215.33B	207.39B
EBITDA	125.58B	131.62B	107.02B	65.25B	59.37B	36.58B
Net Income	95.48B	95.48B	65.64B	38.38B	34.93B	20.83B
Balance Sheet
Total Assets	10.56T	10.56T	9.24T	8.26T	7.43T	7.33T
Cash, Cash Equivalents and Short-Term Investments	1.01T	1.01T	831.23B	846.83B	915.58B	1.27T
Total Debt	1.24T	1.24T	1.28T	1.17T	642.23B	771.34B
Total Liabilities	9.76T	9.76T	8.54T	7.65T	6.86T	6.83T
Stockholders Equity	807.26B	807.26B	705.81B	604.33B	565.22B	499.80B
Cash Flow
Free Cash Flow	0.00	-613.83B	-52.87B	-76.68B	-360.59B	375.19B
Operating Cash Flow	0.00	-606.60B	-44.37B	-70.45B	-354.87B	378.68B
Investing Cash Flow	0.00	-8.54B	-9.91B	-5.21B	-6.44B	-1.82B
Financing Cash Flow	0.00	792.29B	722.85B	5.41B	11.46B	23.98B

Bank of India Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 119.55
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:BANKINDIA, the sentiment is Positive. The current price of 119.55 is above the 20-day moving average (MA) of 116.46, above the 50-day MA of 114.65, and above the 200-day MA of 108.19, indicating a bullish trend. The MACD of 1.87 indicates Negative momentum. The RSI at 59.71 is Neutral, neither overbought nor oversold. The STOCH value of 63.57 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:BANKINDIA.

Bank of India Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BANKINDIA	67 Neutral	₹550.87B	5.82	―	3.39%	18.55%	31.54%
FEDERALBNK	60 Neutral	471.01B	11.73	12.04%	0.62%	15.26%	-1.94%
YESBANK	60 Neutral	664.75B	24.43	5.11%	―	9.29%	77.92%
IDFCFIRSTB	56 Neutral	513.93B	39.88	3.91%	0.36%	17.19%	-57.11%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%

Bank of India Corporate Events

CRISIL Reaffirms Bank of India’s Credit Ratings, Citing Strong Government Support

Bank of India has announced that CRISIL Ratings Limited has reaffirmed its credit ratings for the bank’s Tier I and Tier II bonds, as well as its certificate of deposits. The reaffirmation reflects the bank’s strong support from the Government of India, its majority stakeholder, and its established market position. Despite challenges in asset quality and earnings, the bank’s strategic importance to the government ensures continued backing, which is crucial for maintaining stability in India’s financial sector.

Bank of India Maintains AAA Rating for Tier II Bonds

Bank of India has announced that Infomerics Ratings has reaffirmed the AAA rating with a stable outlook for its BASEL III Compliant Tier II Bonds, amounting to Rs. 1800 crore. This reaffirmation highlights the bank’s strong sovereign ownership, improved earnings profile, and robust market reach, although it faces challenges with modest asset quality and moderate deposit growth. The stable outlook is supported by expectations of continued government backing, growth in advances, and improved asset quality, which are crucial for stakeholders and the bank’s future operations.