Buy Bank of Baroda; target of Rs 145: Emkay Global Financial

Emkay Global Financial is bullish on Bank of Baroda has recommended buy rating on the stock with a target price of Rs 145 in its research report dated February 08, 2022.
17-02-2022
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BANK OF BARODA - 532134 - Announcement under Regulation 30 (LODR)-Acquisition

Acquisition of 21% stake of Union Bank of India in IndiaFirst Life Insurance Company Limited by Bank of Baroda
11-02-2022

Bank of Baroda extends rally; hits over two-year high on strong Q3 results

In the past two trading days, the stock has rallied 10 per cent after the state-owned lender reported a strong earnings for the quarter ended December 2021.
08-02-2022

Bank of Baroda Q3: Net profit doubles to Rs 2,197 cr, NII up 14%

The bank's net interest income rose 14.4 per cent YoY and 13 per cent QoQ to Rs 8,552 crore.
05-02-2022
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Q3FY22 Quarterly Result Announced for BANK OF BARODA

Bank of Baroda declares Q3FY22 result: BOB’s Net profit rises 3 times in the 9M period ended Dec’21 over the same period last year Net profit for the quarter doubles on a YoY basis to INR 2,197 crore Gross NPA ratio declines by 123 bps from 8.48% in Dec’20 to 7.25% in Dec’21 Net NPA ratio declines from 2.39% in Dec’20 to 2.25% in Dec’21 Domestic CASA up by 12.86% YoY, domestic CASA Ratio improved by 308 bps YoY Organic Retail advances portfolio registers a growth of 11.13% on a YoY basis Net Interest Margin improves by 36 bps YoY to 3.13% Net Interest income for the quarter registers a growth of 14.38% on a YoY basis Fee Income for the quarter increases by 15.50% on a YoY basis to INR 1,557 crore Return on Equity significantly increased by 525 bps YoY to 14.37% Healthy Capital base – CRAR improved to 15.47% in Dec’21 from 12.93% in Dec’20 The domestic CASA of the Bank marked a growth of 12.86% on a YoY basis. Operating profit for the quarter grew by 7.85% on a YoY basis. Net profit of the Bank doubled for the quarter and stands at INR 2,197 crore in Q3FY22 against INR 1,061 crore in Q3FY21. Net profit increased to INR 5,494 crore in 9MFY22 from INR 1,875 crore in 9MFY21. Gross NPA ratio of the Bank significantly improved to 7.25% in Dec’21 from 8.48% in Dec’20. Global Net Interest Margin (NIM) increased to 3.13% in Dec’21 from 2.77% in Dec’20. Global Advances of the Bank increased by 5.17% sequentially to INR 7,71,994 crore. Domestic Advances of the Bank increased to INR 6,54,315 crore, up by 4.96% on a QoQ basis, YoY growth stands at 3.36%. Result PDF
05-02-2022
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BANK OF BARODA - 532134 - Financial Results For December 31, 2022

Financial Results for December 31, 2022
05-02-2022
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