Bank Of India has informed the Exchange that Board of Directors at its meeting held on May 08, 2026, recommended Final Dividend of Rs. 4.65 per equity share.
BANKINDIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 4.1 pts more than Nifty Midcap 150 and 5.3 pts more than its Public Sector Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Bank of India's Board approved FY2026 standalone net profit of Rs. 10,527 crore, up 14.2% from Rs. 9,219 crore in FY2025. The Board recommended a final dividend of Rs. 4.65 per equity share (46.5% on Rs. 10 face value), subject to shareholder approval at the AGM on June 15, 2026. Asset quality improved significantly with Gross NPA falling to 1.98% (from 3.27%) and Net NPA to 0.56% (from 0.82%). Provision Coverage Ratio stands at 93.57%. Capital Adequacy Ratio strengthened to 18.01% with CET-1 at 15.05%. Total income for FY2026 was Rs. 85,036 crore. Record date for dividend eligibility is May 29, 2026.
Strong earnings growth and improved asset quality provide bullish signals for the stock. The dividend payout ratio of ~20% suggests room for higher distributions. Declining NPAs and healthy capital ratios indicate a financially stable bank.