By Helgi Library - November 2, 2019
Bank of India made a net profit of INR -54.3 bil under revenues of INR 186 bil in 2018, up 8.97% and 13.4% respectively compared to t...
By Helgi Library - November 2, 2019
Bank of India made a net profit of INR -54.3 bil under revenues of INR 186 bil in 2018, up 8.97% and 13.4% respectively compared to t...
By Helgi Library - November 2, 2019
Bank of India's non-performing loans reached 16.9% of total loans at the end of 2018, down from 17.4% compared to the previous ye...
| Profit Statement | 2016 | 2017 | 2018 | |
| Net Interest Income | INR bil | 120 | 106 | 138 |
| Net Fee Income | INR bil | 13.4 | 13.5 | 12.6 |
| Other Income | INR bil | 54.5 | 44.4 | 35.6 |
| Total Revenues | INR bil | 188 | 164 | 186 |
| Operating Profit | INR bil | 95.4 | 58.1 | 68.5 |
| Provisions | INR bil | 120 | 145 | 159 |
| Net Profit | INR bil | -14.7 | -59.6 | -54.3 |
| Balance Sheet | 2016 | 2017 | 2018 | |
| Interbank Loans | INR bil | 689 | 644 | 655 |
| Customer Loans | INR bil | 3,683 | 3,433 | 3,430 |
| Total Assets | INR bil | 6,320 | 6,152 | 6,309 |
| Shareholders' Equity | INR bil | 337 | 369 | 478 |
| Interbank Borrowing | INR bil | 24.2 | 13.8 | 12.8 |
| Customer Deposits | INR bil | 4,850 | 5,230 | 5,226 |
| Issued Debt Securities | INR bil | 959 | 436 | 443 |
| Ratios | 2016 | 2017 | 2018 | |
| ROE | % | -4.38 | -16.9 | -12.8 |
| ROA | % | -0.235 | -0.956 | -0.871 |
| Costs (As % Of Assets) | % | 1.48 | 1.70 | 1.89 |
| Costs (As % Of Income) | % | 49.2 | 64.6 | 63.2 |
| Capital Adequacy Ratio | % | 12.6 | 13.5 | 14.9 |
| Net Interest Margin | % | 1.92 | 1.71 | 2.22 |
| Loans (As % Of Deposits) | % | 76.0 | 65.6 | 65.6 |
| NPLs (As % Of Loans) | % | 14.1 | 17.4 | 16.9 |
| Provisions (As % Of NPLs) | % | 34.0 | 24.4 | 26.0 |
| Valuation | 2016 | 2017 | 2018 | |
| Price/Earnings (P/E) | ... | ... | ... | |
| Price/Book Value (P/BV) | 0.436 | 0.489 | 0.602 | |
| Dividend Yield | % | 0 | 0 | 0 |
| Earnings Per Share (EPS) | INR | -14.8 | -51.8 | -29.1 |
| Book Value Per Share | INR | 340 | 321 | 257 |
| Dividend Per Share | INR | 0 | 0 | 0 |
Get all company financials in excel:
| summary | Unit | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| income statement | ||||||||||||||||||
| Net Interest Income | INR bil | 91.7 | 110 | 115 | 119 | 120 | ||||||||||||
| Total Revenues | INR bil | 129 | 153 | 157 | 155 | 188 | ||||||||||||
| Operating Profit | INR bil | 70.3 | 79.6 | 74.9 | 62.2 | 95.4 | ||||||||||||
| Net Profit | INR bil | 28.2 | 29.9 | 20.1 | -62.0 | -14.7 | ||||||||||||
| balance sheet | ||||||||||||||||||
| Interbank Loans | INR bil | 641 | 425 | 790 | 653 | 689 | ||||||||||||
| Customer Loans | INR bil | 2,598 | 3,727 | 3,748 | 3,613 | 3,683 | ||||||||||||
| Debt Securities | INR bil | 957 | 1,155 | 1,219 | 1,212 | 1,293 | ||||||||||||
| Total Assets | INR bil | 4,564 | 5,782 | 6,253 | 6,166 | 6,320 | ||||||||||||
| Shareholders' Equity | INR bil | 245 | 309 | 327 | 334 | 337 | ||||||||||||
| Interbank Borrowing | INR bil | 23.5 | 11.0 | 16.0 | 11.6 | 24.2 | ||||||||||||
| Customer Deposits | INR bil | 3,431 | 4,787 | 4,725 | 5,157 | 4,850 | ||||||||||||
| Issued Debt Securities | INR bil | 743 | 484 | 1,016 | 511 | 959 | ||||||||||||
| ratios | ||||||||||||||||||
| ROE | % | 12.3 | 10.8 | 6.34 | -18.8 | -4.38 | ||||||||||||
| ROA | % | 0.668 | 0.577 | 0.335 | -0.999 | -0.235 | ||||||||||||
| Costs (As % Of Assets) | % | 1.40 | 1.41 | 1.37 | 1.50 | 1.48 | ||||||||||||
| Costs (As % Of Income) | % | 45.6 | 47.9 | 52.4 | 59.9 | 49.2 | ||||||||||||
| Capital Adequacy Ratio | % | 11.1 | 10.2 | 11.2 | 12.4 | 12.6 | ||||||||||||
| Net Interest Margin | % | 2.17 | 2.13 | 1.91 | 1.91 | 1.92 | ||||||||||||
| Interest Income (As % Of Revenues) | % | 70.9 | 72.0 | 73.1 | 76.5 | 63.9 | ||||||||||||
| Fee Income (As % Of Revenues) | % | 9.87 | 9.41 | 10.3 | 9.12 | 7.12 | ||||||||||||
| Equity (As % Of Assets) | % | 5.38 | 5.34 | 5.23 | 5.42 | 5.33 | ||||||||||||
| Loans (As % Of Deposits) | % | 75.7 | 77.9 | 79.3 | 70.1 | 76.0 | ||||||||||||
| Loans (As % Assets) | % | 56.9 | 64.5 | 59.9 | 58.6 | 58.3 | ||||||||||||
| NPLs (As % Of Loans) | % | 3.35 | 3.16 | 5.81 | 13.2 | 14.1 | ||||||||||||
| Provisions (As % Of NPLs) | % | 22.4 | 30.1 | 33.5 | 40.4 | 34.0 | ||||||||||||
| valuation | ||||||||||||||||||
| Market Capitalisation (End Of Period) | USD mil | 3,300 | 2,379 | 2,066 | 1,195 | 2,164 | ||||||||||||
| Number Of Shares (Average) | mil | 575 | 610 | 643 | 734 | 991 | ||||||||||||
| Share Price (End Of Period) | INR | 314 | 241 | 202 | 108 | 148 | ||||||||||||
| Earnings Per Share (EPS) | INR | 49.0 | 49.0 | 31.3 | -84.6 | -14.8 | ||||||||||||
| Book Value Per Share | INR | 427 | 506 | 508 | 456 | 340 | ||||||||||||
| Dividend Per Share | INR | 10.4 | 6.16 | 5.17 | 0 | 0 | ||||||||||||
| Price/Earnings (P/E) | 6.41 | 4.92 | 6.47 | ... | ... | ... | ... | |||||||||||
| Price/Book Value (P/BV) | 0.737 | 0.476 | 0.398 | 0.237 | 0.436 | |||||||||||||
| Dividend Yield | % | 3.30 | 2.55 | 2.55 | 0 | 0 | ||||||||||||
| Earnings Per Share Growth | % | ... | -1.69 | -0.090 | -36.1 | -370 | -82.5 | |||||||||||
| Book Value Per Share Growth | % | ... | 8.56 | 18.6 | 0.488 | -10.3 | -25.4 |
| income statement | Unit | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| income statement | ||||||||||||||||||
| Interest Income | INR bil | 321 | 382 | 437 | 421 | 396 | ||||||||||||
| Interest Cost | INR bil | 230 | 272 | 322 | 302 | 276 | ||||||||||||
| Net Interest Income | INR bil | 91.7 | 110 | 115 | 119 | 120 | ||||||||||||
| Net Fee Income | INR bil | 12.8 | 14.4 | 16.2 | 14.2 | 13.4 | ||||||||||||
| Other Income | INR bil | 24.8 | 28.4 | 26.1 | 22.4 | 54.5 | ||||||||||||
| Total Revenues | INR bil | 129 | 153 | 157 | 155 | 188 | ||||||||||||
| Operating Cost | INR bil | 58.9 | 73.1 | 82.5 | 93.0 | 92.5 | ||||||||||||
| Operating Profit | INR bil | 70.3 | 79.6 | 74.9 | 62.2 | 95.4 | ||||||||||||
| Provisions | INR bil | 40.1 | 44.0 | 56.4 | 143 | 120 | ||||||||||||
| Extra and Other Cost | INR bil | -0.002 | < -0.001 | < -0.001 | -0.004 | 0 | ||||||||||||
| Pre-Tax Profit | INR bil | 30.2 | 35.7 | 18.5 | -80.6 | -24.1 | ||||||||||||
| Tax | INR bil | 2.76 | 8.34 | 1.03 | -17.2 | -8.18 | ||||||||||||
| Minorities | INR bil | -0.018 | 0.014 | 0.019 | -0.717 | -0.214 | ||||||||||||
| Net Profit | INR bil | 28.2 | 29.9 | 20.1 | -62.0 | -14.7 | ||||||||||||
| Dividends | INR bil | 5.97 | 3.76 | 3.32 | 0 | 0 | ||||||||||||
| growth rates | ||||||||||||||||||
| Net Interest Income Growth | % | ... | 8.78 | 20.0 | 4.65 | 3.06 | 1.26 | |||||||||||
| Net Fee Income Growth | % | ... | -0.185 | 12.8 | 12.8 | -12.7 | -5.46 | |||||||||||
| Total Revenue Growth | % | ... | 10.3 | 18.2 | 3.07 | -1.42 | 21.1 | |||||||||||
| Operating Cost Growth | % | ... | 1.12 | 24.1 | 12.9 | 12.7 | -0.476 | |||||||||||
| Operating Profit Growth | % | ... | 19.4 | 13.3 | -5.93 | -17.0 | 53.4 | |||||||||||
| Pre-Tax Profit Growth | % | ... | -17.2 | 18.2 | -48.1 | -535 | -70.1 | |||||||||||
| Net Profit Growth | % | ... | 3.49 | 5.92 | -32.6 | -408 | -76.3 | |||||||||||
| market share | ||||||||||||||||||
| Market Share in Revenues | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | 5.47 | 5.66 | 5.19 | 4.61 | 4.67 | ... | ||
| Market Share in Net Profit | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | 4.76 | 5.54 | 3.69 | ... | ... | ... | ... |
| balance sheet | Unit | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| balance sheet | ||||||||||||||||||
| Cash | INR bil | 221 | 193 | 275 | 342 | 275 | ||||||||||||
| Interbank Loans | INR bil | 641 | 425 | 790 | 653 | 689 | ||||||||||||
| Customer Loans | INR bil | 2,598 | 3,727 | 3,748 | 3,613 | 3,683 | ||||||||||||
| Debt Securities | INR bil | 957 | 1,155 | 1,219 | 1,212 | 1,293 | ||||||||||||
| Fixed Assets | INR bil | 29.0 | 58.2 | 59.1 | 85.7 | 85.5 | ||||||||||||
| Total Assets | INR bil | 4,564 | 5,782 | 6,253 | 6,166 | 6,320 | ||||||||||||
| Shareholders' Equity | INR bil | 245 | 309 | 327 | 334 | 337 | ||||||||||||
| Of Which Minority Interest | INR bil | 0.734 | 0.840 | 1.68 | 0.980 | 0.810 | ||||||||||||
| Liabilities | INR bil | 4,319 | 5,473 | 5,926 | 5,832 | 5,983 | ||||||||||||
| Interbank Borrowing | INR bil | 23.5 | 11.0 | 16.0 | 11.6 | 24.2 | ||||||||||||
| Customer Deposits | INR bil | 3,431 | 4,787 | 4,725 | 5,157 | 4,850 | ||||||||||||
| Sight Deposits | INR bil | 194 | 218 | 212 | 236 | 276 | ||||||||||||
| Term Deposits | INR bil | 3,237 | 4,569 | 4,513 | 4,921 | 4,574 | ||||||||||||
| Issued Debt Securities | INR bil | 743 | 484 | 1,016 | 511 | 959 | ||||||||||||
| Other Liabilities | INR bil | 121 | 191 | 169 | 152 | 150 | ||||||||||||
| asset quality | ||||||||||||||||||
| Non-Performing Loans | INR bil | 87.8 | 119 | 222 | 503 | 523 | ||||||||||||
| Gross Loans | INR bil | 2,618 | 3,762 | 3,822 | 3,816 | 3,700 | ||||||||||||
| Total Provisions | INR bil | 19.6 | 35.7 | 74.5 | 203 | 177 | ||||||||||||
| growth rates | ||||||||||||||||||
| Customer Loan Growth | % | ... | 4.03 | 43.4 | 0.570 | -3.60 | 1.94 | |||||||||||
| Total Asset Growth | % | ... | 17.8 | 26.7 | 8.15 | -1.38 | 2.50 | |||||||||||
| Shareholders' Equity Growth | % | ... | 14.3 | 25.7 | 5.94 | 2.30 | 0.797 | |||||||||||
| Customer Deposit Growth | % | ... | 7.42 | 39.5 | -1.30 | 9.16 | -5.96 | |||||||||||
| market share | ||||||||||||||||||
| Market Share in Customer Loans | % | ... | ... | 4.70 | 5.80 | 5.28 | 4.53 | 4.46 | ... | |||||||||
| Market Share in Total Assets | % | 5.26 | 5.72 | 5.61 | 4.89 | 4.45 | ... | |||||||||||
| Market Share in Customer Deposits | % | 5.45 | 6.65 | 5.79 | 5.64 | 4.56 | ... |
| ratios | Unit | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| ratios | ||||||||||||||||||
| ROE | % | 12.3 | 10.8 | 6.34 | -18.8 | -4.38 | ||||||||||||
| ROA | % | 0.668 | 0.577 | 0.335 | -0.999 | -0.235 | ||||||||||||
| Costs (As % Of Assets) | % | 1.40 | 1.41 | 1.37 | 1.50 | 1.48 | ||||||||||||
| Costs (As % Of Income) | % | 45.6 | 47.9 | 52.4 | 59.9 | 49.2 | ||||||||||||
| Capital Adequacy Ratio | % | 11.1 | 10.2 | 11.2 | 12.4 | 12.6 | ||||||||||||
| Tier 1 Ratio | % | ... | 8.31 | 7.42 | 8.63 | 9.41 | 9.42 | |||||||||||
| Net Interest Margin | % | 2.17 | 2.13 | 1.91 | 1.91 | 1.92 | ||||||||||||
| Interest Spread | % | ... | 1.86 | 1.83 | 1.61 | 1.64 | 1.67 | |||||||||||
| Asset Yield | % | 7.61 | 7.38 | 7.27 | 6.78 | 6.35 | ||||||||||||
| Cost Of Liabilities | % | ... | 5.75 | 5.55 | 5.65 | 5.14 | 4.67 | |||||||||||
| Payout Ratio | % | 21.2 | 12.6 | 16.5 | 0 | 0 | ||||||||||||
| Interest Income (As % Of Revenues) | % | 70.9 | 72.0 | 73.1 | 76.5 | 63.9 | ||||||||||||
| Fee Income (As % Of Revenues) | % | 9.87 | 9.41 | 10.3 | 9.12 | 7.12 | ||||||||||||
| Other Income (As % Of Revenues) | % | 19.2 | 18.6 | 16.6 | 14.4 | 29.0 | ||||||||||||
| Equity (As % Of Assets) | % | 5.38 | 5.34 | 5.23 | 5.42 | 5.33 | ||||||||||||
| Loans (As % Of Deposits) | % | 75.7 | 77.9 | 79.3 | 70.1 | 76.0 | ||||||||||||
| Loans (As % Assets) | % | 56.9 | 64.5 | 59.9 | 58.6 | 58.3 | ||||||||||||
| NPLs (As % Of Loans) | % | 3.35 | 3.16 | 5.81 | 13.2 | 14.1 | ||||||||||||
| Provisions (As % Of NPLs) | % | 22.4 | 30.1 | 33.5 | 40.4 | 34.0 | ||||||||||||
| Provisions (As % Of Loans) | % | 0.756 | 0.958 | 1.99 | 5.62 | 4.82 | ||||||||||||
| Cost of Provisions (As % Of Loans) | % | 1.58 | 1.39 | 1.51 | 3.88 | 3.28 |
| other data | Unit | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| other data | ||||||||||||||||||
| Employees | 42,146 | 43,150 | 45,300 | 45,300 | 47,750 | |||||||||||||
| Sight (As % Of Customer Deposits) | % | 5.65 | 4.55 | 4.49 | 4.59 | 5.69 |
Get all company financials in excel:
By Helgi Library - November 2, 2019
Bank of India's non-performing loans reached 16.9% of total loans at the end of 2018, down from 17.4% compared to the previous year. Historically, the NPL ratio hit an all time high of 17.4% in 2017 and an all time low of 1.71% in 2008. Provision coverage a...
By Helgi Library - November 2, 2019
Bank of India's capital adequacy ratio reached 14.9% at the end of 2018, up from 13.5% compared to the previous year. Historically, the bank’s capital ratio hit an all time high of 14.9% in 2018 and an all time low of 10.2% in 2013. The Tier 1 ratio amounted ...
By Helgi Library - November 2, 2019
Bank of India's capital adequacy ratio reached 14.9% at the end of 2018, up from 13.5% compared to the previous year. Historically, the bank’s capital ratio hit an all time high of 14.9% in 2018 and an all time low of 10.2% in 2013. The Tier 1 ratio amounted ...
By Helgi Library - November 2, 2019
Bank of India's net interest margin amounted to 2.22% in 2018, up from 1.71% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 2.73% in 2008 and an all time low of 1.71% in 2017. The average margin i...
By Helgi Library - November 2, 2019
Bank of India's net interest margin amounted to 2.22% in 2018, up from 1.71% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 2.73% in 2008 and an all time low of 1.71% in 2017. The average margin i...
By Helgi Library - November 2, 2019
Bank of India generated total banking revenues of INR 186 bil in 2018, up 13.4% compared to the previous year. Historically, the bank’s revenues containing of interest, fee and other non-interest income reached an all time high of INR 188 bil in 2016 and an all...
By Helgi Library - November 2, 2019
Bank of India generated total banking revenues of INR 186 bil in 2018, up 13.4% compared to the previous year. Historically, the bank’s revenues containing of interest, fee and other non-interest income reached an all time high of INR 188 bil in 2016 and an all...
By Helgi Library - November 2, 2019
Bank of India's customer loan growth reached -0.094% in 2018, up from -6.80% compared to the previous year. Historically, the bank’s loans growth reached an all time high of 43.4% in 2013 and an all time low of -6.80% in 2017. In the last decade, the aver...
By Helgi Library - November 2, 2019
Bank of India's customer loan growth reached -0.094% in 2018, up from -6.80% compared to the previous year. Historically, the bank’s loans growth reached an all time high of 43.4% in 2013 and an all time low of -6.80% in 2017. In the last decade, the aver...
By Helgi Library - November 2, 2019
Bank of India's customer loans reached INR 3,433 bil in 2017, down 6.80% compared to the previous year. Indian banking sector provided customer loans of INR 88,362 bil in 2017, up 7.04% when compared to the last year. Bank of India accounted for 3.89% of ...
Bank of India has been growing its revenues and asset by 8.02% and 10.8% a year on average in the last 10 years. Its loans and deposits have grown by 9.12% and 10.6% a year during that time and loans to deposits ratio reached 65.6% at the end of 2018. The company achieved an average return on equity of 1.87% in the last decade with net profit growing % a year on average. In terms of operating efficiency, its cost to income ratio reached 63.2% in 2018, compared to 53.7% average in the last decade.
Equity represented 7.58% of total assets or 13.9% of loans at the end of 2018. Bank of India's non-performing loans were 16.9% of total loans while provisions covered some 26.0% of NPLs at the end of 2018.
Bank of India stock traded at INR 155 per share at the end of 2018 resulting in a market capitalization of USD 4,123 mil. Over the previous five years, stock price fell by 35.9% or 8.51% a year on average. That’s compared to an average ROE of -9.30% the bank generated for its shareholders. This closing price put stock at a 12-month trailing price to earnings (PE) of x and price to book value (PBV) of 0.602x in 2018.
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