A Public Sector Bank that earns the bulk of its revenue from interest on loans and from its investment book. In the period ending 31 December 2024, Retail Banking (excluding Digital) generated Rs. 41,361.21 crore (36.6% of segment revenue) from home, personal and other retail loans; Wholesale Banking generated Rs. 39,518.29 crore (35.0%) from lending to large and mid-size corporates and related fee income; Treasury Operations contributed Rs. 24,882.5 crore (22.0%) from the bank's holdings of government and other securities; and Other Banking Operations contributed Rs. 7,225.57 crore (6.4%). Digital Banking was a negligible contributor at Rs. 0.84 crore. Global business crossed Rs. 30.78 lakh crore at end-FY26, with advances up 16.2% YoY and the RAM (Retail, Agriculture, MSME) book at 61% of advances; the retail book alone crossed Rs. 3 lakh crore. Asset quality stood at Gross NPA 1.89%, Net NPA 0.45% and Provision Coverage Ratio 93.94%, on total assets of Rs. 21,01,501.85 crore. Deposit cost — 4.78% in Q4 FY26 — is the principal input cost, with lending rates set against the bank's MCLR (8.75% on the one-year tenor). Fee income is also earned through subsidiaries including IndiaFirst Life Insurance and BOB Capital Markets; BoB Securities and Giltedge Ltd became operational on 1 April 2026 and a pension fund subsidiary is in the pipeline. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Retail Banking - Other Retail (37%), Wholesale Banking (35%), Treasury Operations (22%), Other Banking Operations (6%), Retail Banking - Digital Banking (0%). Cyclical, asset-heavy public sector commercial bank with a large treasury book.
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | — | — | — | — | — |
| EBITDA (ex other income) | — | — | — | — | — |
| margin % | — | — | — | — | — |
| Owners' profit | 7,850 | 14,905 | 18,767 | 20,716 | 19,477 |
| EPS, as reported (₹) | 15.18 | 28.82 | 36.29 | 40.06 | 38.38 |
| ROE % · ROCE % | — · — | — · — | — · — | — · — | — · — |
| Debt / equity (x) | — | — | — | — | — |
| Cash from operations | 6,538 | (21,271) | (6,274) | 34,892 | 33,426 |
| Capex | — | — | — | — | — |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — | — |
| Profit before tax | 7,434 | 6,935 | 6,911 | 5,170 | 6,695 | 7,024 | 6,057 | 2,206 |
| Net profit | 5,455 | 5,117 | 5,307 | 3,352 | 5,070 | 5,407 | 5,648 | 1,573 |
| EPS (₹) | 10.36 | 10.08 | 10.48 | 6.71 | 9.93 | 10.53 | 11.22 | 3.45 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| STATE BANK OF INDIA | 9,19,091 | 10.7 | — | — | — | — | — | — |
| UNION BANK OF INDIA | 1,35,955 | 6.6 | — | — | — | — | — | — |
| PUNJAB NATIONAL BANK | 1,34,180 | 6.1 | — | — | — | — | — | — |
| BANK OF BARODA ◆ | 1,23,295 | 6.8 | — | — | — | — | — | — |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 10 Sept 2026 · Bank of Baroda keeps all MCLR tenors unchanged | business updates | medium | — | — |
| 9 Sept 2026 · Bank of Baroda: Senior Management Personnel resigns | management changes | medium | — | — |
| 9 Sept 2026 · Bank of Baroda: Senior Management Personnel Resigns | management changes | medium | — | — |
| 9 Sept 2026 · Bank of Baroda: Senior Management Resignation | management changes | medium | — | — |
| 8 Sept 2026 · BoB to divest 35% of its NSE stake via NSE IPO OFS | capital market events | high | — | — |
| 2 Sept 2026 · Bank of Baroda: UFBU union strike notice for Sep and Oct 2026 | capex operations | high | — | — |
| 2 Sept 2026 · Investor Conference Outcome - No UPSI Shared | investor communications | low | — | — |
| 31 Aug 2026 · Bank of Baroda: CTO Saurabh Shukla retires after 20 plus years | management changes | medium | — | — |
| 31 Aug 2026 · Bank of Baroda: CTO Saurabh Shukla takes voluntary retirement | management changes | medium | — | — |
| 31 Aug 2026 · Bank of Baroda: Senior Management changes including retirement and designation update | management changes | medium | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| INDIAN BANK |
| 1,14,963 |
| 9.0 |
| — |
| — |
| — |
| — |
| — |
| — |
| CANARA BANK | 1,12,476 | 5.7 | — | — | — | — | — | — |
| BANK OF MAHARASHTRA | 64,763 | 8.6 | — | — | — | — | — | — |
| INDIAN OVERSEAS BANK | 63,759 | 10.8 | — | — | — | — | — | — |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 6.8 | 7.7 | 6 of 12 | 55% |
| Profit growth | (53.1) | 28.3 | 12 of 12 | 0% |
| Market cap | 123295 | 88620 | 4 of 12 | 73% |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
