BANK OF BARODA - 532134 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Transcript of Analyst and Media Meet held on 04.11.202309-11-2023
09-11-2023
Bank Of Baroda Share Price Live blog for 09 Nov 2023
Bank Of Baroda stock price went up today, 09 Nov 2023, by 0.65 %. The stock closed at 191.25 per share. The stock is currently trading at 192.5 per share. Investors should monitor Bank Of Baroda stock price closely in the coming days and weeks to see how it reacts to the news.09-11-2023
Bank Of Baroda Share Price Live blog for 08 Nov 2023
Bank Of Baroda stock price went down today, 08 Nov 2023, by -1.84 %. The stock closed at 195.55 per share. The stock is currently trading at 191.95 per share. Investors should monitor Bank Of Baroda stock price closely in the coming days and weeks to see how it reacts to the news.08-11-2023
Q2FY24 Quarterly & H1FY24 Bi-Annual Result Announced for Bank of Baroda
Bank of Baroda announced Q2FY24 & H1FY24 results: Bank of Baroda (BOB) quarterly Net profit higher by 28.4% YoY at Rs 4,253 crore in Q2FY24. Net Profit for H1FY24 grew by 51.8% to Rs 8,323 crore, BOB has delivered ROA of more than 1% and ROE of around 20%, consistently for the last 5 quarters. ROA for Q2FY24 stands at 1.14% and ROE at 19.74%. The growth in profitability was supported by healthy Operating Income growth of 25% YoY in Q2FY24. Operating income growth was augmented by ~2x YoY growth in Non-Interest Income in Q2FY24. Non-interest income growth in Q2FY24 was driven by robust YoY growth in Fee Income (+31.7%), Trading Gains (+69.5%) and Recovery from TWO (~2x) Strong growth in Income coupled with a subdued increase in Opex has resulted in robust Operating profit growth of 33% YoY for Q2FY24. Operating profit for H1FY24 higher by 50.1% YoY. The Bank has been able to effect a reduction in the Cost to Income ratio by 320 bps YoY to 46.54% for Q2FY24. The cost to Income ratio for H1FY24 has also declined by 608 bps YoY to 45.97%. BOB has witnessed significant improvement in its Asset quality with reduced GNPA by 199 bps YoY to 3.32%. The bank's NNPA improved to 0.76%, a reduction of 40 bps YoY. BOB's balance sheet remained robust with a healthy Provision Coverage Ratio (PCR) of 93.16% with TWO & 77.64% without TWO. Credit cost remains below 1% at 0.92% for Q2FY24. BOB's Global Advances registered a strong YoY growth of 17.3% in Q2FY24 led by robust retail loan book growth. The bank's organic Retail Advances grew by 22.2%, driven by growth in high-focus areas such as Auto Loans (21.1%), Home Loan (16.1%), Personal Loan (67.2%), Mortgage Loan (13.3%), Education Loan (18.3%). Bank achieved a total business of Rs 22,74,148 crore as of September 30, 2023, registering a growth of 16.8% YoY. Result PDF06-11-2023
BANK OF BARODA - 532134 - Announcement Under Regulation 46(LODR)
Announcement under Regulation 46(LODR)05-11-2023
Bank of Baroda PAT up 28% on strong operating metrics, better loan quality
Global advances were up 17.3 per cent y-o-y at 10.2 lakh crore04-11-2023
Bank of Baroda reports 28.4% rise in Q2 net profit
Bank of Baroda reported Q2FY24 net profit at 42.53 billion04-11-2023
BANK OF BARODA - 532134 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor Presentation- Q2 Financial Results04-11-2023
BANK OF BARODA - 532134 - Financial Results For September 30, 2023
Financial Results for September 30, 202304-11-2023
BANK OF BARODA - 532134 - Announcement under Regulation 30 (LODR)-Credit Rating
Credit Rating03-11-2023