BANKBARODA · NSE · Public Sector Bank
Bank of Baroda
What the numbers mean, from its filings and the exchange. Data as of 12 Oct 2026.
Large Cap · AMFI list Jan-Jun 2026 · Vendor sector: Financial Services
cheap
low confidence
No valuation within 120 days; P/E 6.7 vs peers 8.5 (6th of 12); P/B 0.84 vs peers 1.0 (3rd of 12).
Statements through FY2026Prices adjusted for corporate actionsNot yet reviewed by the adversarial model
What is Bank of Baroda's share price today?
Bank of Baroda last traded at ₹235.40 on the NSE, as of 12 Oct 2026, 11:00 pm IST, down 0.2% on the day, down 12.1% over a year. Its 52-week range is ₹224 to ₹326. The live price is in the app.
₹235.40
−0.2% today
−12.1% over 1 year · NSE, as of 12 Oct 2026, 11:00 pm IST
60 month-end closes, 31 Oct 2021 to 30 Sep 2026, adjusted for splits and bonuses
52-week range11% of the way up
Low ₹224High ₹326
What is Bank of Baroda's market cap?
Bank of Baroda's market capitalisation is about ₹1.22 lakh crore: what it would cost to buy every share at today's price. That makes it the 79th largest large cap company we cover.
₹1.2 L Cr
Large Cap79th largest large cap company
Share price₹235.40
×
Shares in issue518 crore
=
Market cap₹1.2 L Cr
Large Cap means the 100 largest listed companies, under SEBI's rules. Shares in issue are worked out from the market cap and the price. What market cap tells you →
Key facts
From the exchange
- Symbol
- NSE: BANKBARODA
- ISIN
- INE028A01039
- Cap bucket
- Large Cap, 79th largest by market cap
- Industry (NSE)
- Financial Services › Banks › Public Sector Bank
- Listed since
- 1997
- Futures and options
- Traded
Is Bank of Baroda overvalued?
Cheap, with low confidence: no valuation within 120 days; P/E 6.7 vs peers 8.5 (6th of 12); P/B 0.84 vs peers 1.0 (3rd of 12).
Valuation
Latest price and trailing 12 months
P/E
6.71
vs peers 8.5 · 6th of 12
Price divided by last year's earnings per share: how many years of today's profit you pay for. Learn more →
P/B
0.84
vs peers 1.0 · 3rd of 12
Price divided by book value per share: what you pay for each rupee of net assets on the balance sheet. Learn more →
Market cap
₹1.22 lakh Cr
Total market value of all shares, in ₹ crore. Learn more →
Dividend yield
3.4%
vs peers 3.0% · 2nd of 9
Last year's dividends as a share of today's price. Learn more →
PEG (vendor)
Not available
P/E divided by the vendor's earnings growth figure, which it does not disclose; a P/E adjusted for how fast profits grow. Learn more →
PEG on our 3-year EPS growth
0.67
P/E divided by the 3-year EPS growth rate from the stored accounts. Learn more →
Is Bank of Baroda a quality business?
Quality score 48.5, 4th of 12 in its peer set; CLEAN on 20 of 22 lender flags judged.
Quality and risk
Data as of 12 Oct 2026
Business quality
Not available
The kind of business, which sets the yardstick it is judged by. Learn more →
Quality score
48.5
vs peers 44.4 · 4th of 12
Returns, margins, leverage and consistency against its peers, out of 100. Learn more →
Risk level
CLEAN
20 of 22 lender flags judged
From flags on debt, earnings quality, dilution and price swings. Learn more →
Lender scorecard
Statements through FY2026 (Mar-26)
Basis: standalone accounts, FY2026 (Mar-26) against FY2025; NSE/BSE XBRL, the Q4 results filing; NIM is interest earned less expended over average advances and investments; cost to income is operating expenses over net interest income plus other income; credit cost is FY2026 provisions over average advances; ROA over average total assets; ROE over average equity; GNPA, NNPA, provision coverage, CET1 from the Jun-26 quarter filing
Net interest margin
2.8%
vs peers 2.8% · 6th of 12
What a lender earns on its loans and investments less what it pays for deposits and borrowings, as a share of the assets that earn interest (or of all assets where the split is not filed). Learn more →
Gross NPA
2.0%
vs peers 1.9% · 7th of 12
Loans on which repayment has stopped, as a share of all loans, before any provision against them; from the latest results filing. Learn more →
Net NPA
0.5%
vs peers 0.4% · 10th of 12
Bad loans after the provisions already set aside against them, as a share of loans. Learn more →
Provision coverage
75.1%
How much of the gross bad loans has already been provided for. Learn more →
Credit cost
0.6%
vs peers 0.6% · 6th of 12
The year's provisions for bad loans as a share of the average loan book. Learn more →
Cost to income
49.1%
vs peers 51.1% · 6th of 12
Operating expenses (staff, branches, technology) over net interest income plus other income. Learn more →
Return on assets
1.1%
vs peers 1.1% · 7th of 12
Profit as a share of average total assets. Learn more →
CET1 ratio
13.9%
Common equity tier 1 capital, the hardest kind, against risk-weighted assets; from the latest results filing. Learn more →
Loan growth YoY
16.5%
vs peers 17.2% · 8th of 12
Growth in the loan book over the latest fiscal year. Learn more →
Deposit growth YoY
12.0%
vs peers 12.3% · 7th of 12
Growth in deposits over the latest fiscal year. Learn more →
CASA ratio
Not available
Current and savings account balances as a share of all deposits. Learn more →
Inside the app
Get a sneak peek of Valarth
Has Bank of Baroda made money for shareholders?
Mixed: −12.1% over one year and +23.0% a year over five years.
Shareholder returns
5-year return
+23.0% a year
Price only
Yearly average price return over five years, bonuses and splits adjusted. Learn more →
Wealth destroyer
No
Five-year total return — price CAGR on bonus- and split-adjusted closes plus the dividend yield — below the 7% a bank fixed deposit paid. Learn more →
Returns
3Y and 5Y are yearly averages
1W
+1.3%1M
+1.3%3M
−5.9%6M
−14.5%1Y
−12.1%3Y
+5.5%5Y
+23.0%Does Bank of Baroda pay a dividend?
Yes. Bank of Baroda's dividend yield is 3.44% at the latest price; the last payout was ₹8.50 a share, ex-dividend 5 Jun 2026.
Dividends
Per share, by ex-dividend date
Dividend yield3.44%
The past 12 months' dividends as a share of today's price.
5 Jun 2026 · Final₹8.50
6 Jun 2025 · Final₹8.35
28 Jun 2024 · Final₹7.60
30 Jun 2023 · Final₹5.50
17 Jun 2022 · Final₹2.85
Payout ratio🔒 In the app
The share of profit paid out as dividends; a very high share leaves little to reinvest.
Dividend growth, 5 years🔒 In the app
How fast the dividend per share has grown a year.
Years without a miss🔒 In the app
How many years in a row a dividend has been paid.
Is Bank of Baroda growing?
Loan growth 16.5%; deposit growth 12.0%; revenue 3 years 12.3% a year.
Growth
Statements through FY2026 (Mar-26)
Loan growth
16.5%
vs peers 17.2% · 8th of 12
Growth in the loan book over the latest fiscal year. Learn more →
Deposit growth
12.0%
vs peers 12.3% · 7th of 12
Growth in deposits over the latest fiscal year. Learn more →
Revenue 3 years
12.3% a year
vs peers 14.6% · 10th of 12
Compound annual growth of revenue over three years. Learn more →
EPS 3 years
10.0% a year
Growth in earnings per share, so dilution counts against the company. Learn more →
Revenue 5 years
12.7% a year
Compound annual growth of revenue over five years. Learn more →
EPS 5 years
64.8% a year
Growth in earnings per share over five years, so dilution counts against the company. Learn more →
How did Bank of Baroda do last quarter?
Bank of Baroda reported income of ₹41,317 Cr, up 2.6% on a year earlier and a net profit of ₹1,783 Cr, down 4.2% in the Jun 2026 quarter.
Latest quarter
Jun 2026
Income, latest quarter₹41,317 Cr
+2.6% on a year earlier
What the company took in over the quarter.
Net profit, latest quarter₹1,783 Cr
−4.2% on a year earlier
What was left for shareholders after every cost and tax.
How does Bank of Baroda compare with its peers?
Compared with 11 Public Sector Bank; 6th of 12 on P/E; 4th of 12 on quality score.
Compared with 11 Public Sector Bank
11 companies
- Bank of Baroda (this page)
- State Bank of India
- Punjab National Bank
- Union Bank of India
- Indian Bank
- Canara Bank
- Bank of Maharashtra
- Bank of India
- Indian Overseas Bank
- UCO Bank
- Central Bank of India
- Punjab & Sind Bank
Bank of Baroda against its peers
Largest 10 of 11 peers, by market cap
CompanyMarket capP/EP/BROE1YQuality 🔒Rank 🔒
Bank of Baroda₹1.2 L Cr6.70.813.8%−12.1%
UCO Bank₹29,154 Cr10.40.99.5%−26.9%
Peer median—8.51.014.0%+0.0%
Market cap in rupees crore; P/E and P/B on the latest price; 1Y is the price return over a year. A dash is a figure that does not apply or is not reported.
Who owns Bank of Baroda?
Bank of Baroda is held by promoters 64.0%, foreign institutions 10.1%, domestic institutions 18.4%.
Shareholding pattern
Latest filing, percent of shares
Promoters64.0%
The founders and controlling group.
Foreign institutions10.1%
Overseas funds investing through the FPI route.
Domestic institutions18.4%
Indian insurers, banks, pension and mutual funds together.
Mutual funds9.8%
Indian mutual fund schemes; part of domestic institutions.
Retail and others5.7%
Individual investors and everyone else.
Promoter shares pledged🔒 In the app
Promoter shares given as collateral for loans; a high share is a risk to watch.
Holding trend🔒 In the app
Whether promoters, foreign funds and mutual funds have been adding or selling over recent quarters.
What do analysts say about Bank of Baroda?
35 analysts cover Bank of Baroda, and the consensus is buy. A consensus is a count of opinions, not a forecast; read it beside the numbers.
Analyst consensus
35 analysts
ConsensusBuy
The rating most covering analysts give the share.
Average target price🔒 In the app
The mean of the analysts' 12-month price targets.
Upside to target🔒 In the app
How far the target sits above or below today's price.
Share rating it a buy🔒 In the app
The share of covering analysts with a buy rating.
What does Bank of Baroda do and what is it sensitive to?
Bank of Baroda is an Indian banking company regulated by RBI providing retail and corporate lending, treasury operations, digital banking, and insurance services across India and 18 international locations. Sensitive to: interest rate movements (policy rates and deposit/lending spreads).
Business-model card
FY2025 · 45 verified
5Revenue
6Channels
3Regulators
3Reg. dependencies
5Sensitivities
5Costs
2Geographies
Bank of Baroda is an Indian banking company regulated by RBI providing retail and corporate lending, treasury operations, digital banking, and insurance services across India and 18 international locations. It earns revenue through net interest income from deposits and lending, fees from digital services and wealth management, and gains from forex trading and investments.
Revenue by segment
Year ended March 31, 2025 (Consolidated)
Treasury22.2%
Corporate/Wholesale Banking34.2%
Retail Banking - Digital Banking (A)0.0%
Retail Banking - Other Retail Banking (B)36.5%
Other Banking Operations7.1%
Revenue engine
5 verified
Retail Banking (mortgages, personal loans, auto loans, education loans) (38.5%)
Borrower accounts up to ₹7.5 Crores exposure; includes individual customer lending and digital lending platform
Corporate and Wholesale Banking (37.2%)
Lending to large corporates and wholesale borrowers with ₹7.5 Crores+ exposure; working capital and investment financing
Treasury operations (investment portfolio and forex) (23.3%)
Investment portfolio management and trading in forex and derivative contracts; proprietary trading and hedging for institutions
2 more statements
Wealth Management and Insurance premiums
Life and non-life insurance premium mobilisation and investment asset management for high-net-worth customers
Credit Cards (BOBCARD)
Proprietary and co-branded credit cards issued in large volumes; revenue from interchange, annual fees and revolving credit
Customers & channels
6 verified
Retail customers (individuals and families)
Individual borrowers and depositors with exposure up to ₹7.5 crores; accessed via branches, ATMs, and digital channels
Corporate and Wholesale customers
Large corporates and financial institutions with ₹7.5 crores+ exposure for working capital, project finance and structured products
Agricultural customers
Farmers and agri-businesses accessing gold loans, Kisan Credit Cards and digital agricultural lending products
3 more statements
Non-Resident Indians (NRIs)
NRI customers accessing specialized products, dedicated relationship managers and persona-based digital experiences
Digital banking channel users
Customers transacting via bob World UPI, Baroda Connect, mobile banking and TAB banking platforms
Overseas corporate and institutional customers
Multinational enterprises and overseas branches of Indian corporates served through 18 Digital Banking Units across USA, UAE, UK and other jurisdictions
Regulators
3 verified
Reserve Bank of India (RBI)
Primary banking regulator governing lending norms, capital adequacy, investment classification, dividend policy and monetary operations
Securities and Exchange Board of India (SEBI)
Regulates the Bank's securities issuance, listing obligations, disclosure requirements and insider trading as a listed entity
Government of India
Majority shareholder with policy-setting authority; retains minimum 52% ownership stake and issues specific banking directives
Regulatory dependencies
3 verified
Basel III capital adequacy framework (minimum capital ratios, conservation buffers)
Pillar I minimum ratios constrain balance sheet growth and dividend payouts; Pillar II supervisory requirements limit lending expansion
Sectoral exposure caps and concentration limits
Prudential caps on industry and sector exposures limit lending growth in specific sectors to reduce portfolio concentration risk
Dividend payout caps and reserve fund appropriation mandates
RBI and Banking Regulation Act impose dividend distribution restrictions and mandatory reserve fund transfers, constraining cash returns
Sensitivities
5 verified
Interest rate movements (policy rates and deposit/lending spreads)
RBI policy rate cuts lower deposit and lending rates; higher rates slow credit growth and increase NPA provisions
Foreign exchange volatility (INR depreciation/appreciation)
INR depreciation reduces value of foreign currency assets and international revenue in rupee terms; affects NRI deposit competitiveness
Credit growth and banking sector liquidity conditions
Sector credit growth deceleration signals weaker loan demand and higher deposit costs; faster growth increases capital needs
2 more statements
Inflation and food prices (monsoon-dependent)
Good monsoon moderates food inflation and eases RBI policy stance; crop failures push inflation and tighten monetary conditions
Global trade tariffs and export demand shocks
Trade war tariffs reduce export demand for Indian corporate borrowers, compress treasury gains and weaken corporate credit quality
Cost inputs
5 verified
Employee costs and compensation
Salaries, gratuity, leave encashment and benefits for banking workforce; largest operating expense line
Depreciation on property, equipment and leased assets
IT infrastructure, branch premises, equipment and lease depreciation across domestic and international locations
Rent, property taxes and utilities
Operating costs of branch network, data centres, office spaces and facilities across all geographies
2 more statements
Insurance and security services
Business and cyber insurance, physical security, asset protection and regulatory deposit insurance fund contributions
Repairs and maintenance of infrastructure
Branch premises upkeep, ATM and technology infrastructure maintenance, and operational equipment repairs
Geographies
2 verified
India (domestic operations and branch network) (88.2%)
Primary market comprising 88.2% of revenue; includes retail and corporate lending across all states and union territories
USA, UAE, UK and other overseas jurisdictions (18 DBUs and branches) (11.8%)
11.8% of revenue; serves Indian multinational corporates, NRI customers and overseas expansion strategy
Each statement is checked word for word against the FY2025 annual report; the passages are in the app.
What changed recently?
Q1 FY2027 results filed (24 Jul 2026).
Change log
6 entries · newest first
- Results filedQ1 FY2027 results filed.
- Results filedQ4 FY2026 results filed.
- Results filedQ3 FY2026 results filed.
- Results filedQ2 FY2026 results filed.
- Results filedQ1 FY2026 results filed.
- Results filedQ4 FY2025 results filed.
Get alerts →Sign in to be told when any of these change.
What this page does not tell you
What could not be judged, and why. Never empty.
- Models not runFair value, EPV, Graham number, Graham value, Lynch, Owner earnings: no valuation stored.
- FlagsCLEAN on 20 of 22 lender flags judged; no red flag; 2 could not be judged.
- Data gapsPEG (vendor), Business quality, CASA ratio: not available yet.
Not applicable to a bank, lender or insurer · 12
- Altman ZAltman Z reads working capital and sales over assets, which a lender's balance sheet does not have.
- Piotroski F-scorePiotroski's leverage and liquidity checks read deposits and borrowings as weakness.
- Beneish M-scoreThe Beneish model reads receivables, margins and depreciation that a lender's accounts do not report.
- Operating marginInterest is a lender's cost of goods, so operating profit before interest is not defined.
- Interest coverageInterest is a lender's main cost, not a charge on operating profit.
- Debt to equityBorrowings and deposits are a lender's raw material; gearing is judged by capital adequacy instead.
- EV/EBITDAEnterprise value adds borrowings to market cap; for a lender borrowings are the business, not a claim on it.
- FCF yieldOperating cash flow less capex is not free cash flow for a lender: loan growth sits in operating cash flow.
- Cash conversion cycleA lender's receivables are its loan book, not invoices waiting to be paid.
- Asset turnoverA lender earns a spread on its assets, not a turnover of them.
- ROCEEBIT over capital employed reads a lender's interest income against its borrowings; return on assets and return on equity are the lender's measures.
- ROCE, 10-year averageEBIT over capital employed reads a lender's interest income against its borrowings; return on assets is the lender's measure (HDFC Bank's 1.7% ten-year ROCE means nothing).
What this page rests on
✓10 years of annual statements, through FY2026 (Mar-26)✓10 quarters of results✓285 months of month-end prices, adjusted for bonuses and splits○no valuation of ours yet✓business-model card FY2025 · 45 verified
Questions people ask
What is Bank of Baroda's share price today?
Bank of Baroda last traded at ₹235.40 on the NSE, as of 12 Oct 2026, 11:00 pm IST, down 0.2% on the day, down 12.1% over a year. Its 52-week range is ₹224 to ₹326. The live price is in the app.
What is Bank of Baroda's market cap?
Bank of Baroda's market capitalisation is about ₹1.22 lakh crore: what it would cost to buy every share at today's price. That makes it the 79th largest large cap company we cover.
Is Bank of Baroda a large cap, mid cap or small cap?
Bank of Baroda (BANKBARODA) is a large cap company in AMFI's classification for Jan-Jun 2026. SEBI's buckets go by rank on six-month average market capitalisation: the top 100 are large caps, 101 to 250 mid caps, the rest small caps.
What is Bank of Baroda's P/E ratio?
6.71, vs peers 8.5 · 6th of 12. Price divided by last year's earnings per share: how many years of today's profit you pay for.
Is Bank of Baroda overvalued?
Cheap, with low confidence: no valuation within 120 days; P/E 6.7 vs peers 8.5 (6th of 12); P/B 0.84 vs peers 1.0 (3rd of 12).
How does Bank of Baroda make money?
Bank of Baroda is an Indian banking company regulated by RBI providing retail and corporate lending, treasury operations, digital banking, and insurance services across India and 18 international locations. It earns revenue through net interest income from deposits and lending, fees from digital services and wealth management, and gains from forex trading and investments.
Why is there no Altman Z or debt to equity for Bank of Baroda?
Borrowing is a bank's or lender's raw material, so those ratios mislead. Net interest margin, gross NPA, return on assets and the capital ratios are shown instead.
Who are Bank of Baroda's peers?
Compared with 11 Public Sector Bank: State Bank of India, Punjab National Bank, Union Bank of India, Indian Bank, Canara Bank and 6 more. The app shows how they compare on every figure.
Is this investment advice?
No. Valarth is a research and learning tool and is not a SEBI-registered investment adviser or research analyst. The figures come from the company's filings and the exchanges; what to do with them is your call.
How did Bank of Baroda do last quarter?
Bank of Baroda reported income of ₹41,317 Cr, up 2.6% on a year earlier and a net profit of ₹1,783 Cr, down 4.2% in the Jun 2026 quarter.
Who owns Bank of Baroda?
Bank of Baroda is held by promoters 64.0%, foreign institutions 10.1%, domestic institutions 18.4%.
Does Bank of Baroda pay a dividend?
Yes. Bank of Baroda's dividend yield is 3.44% at the latest price; the last payout was ₹8.50 a share, ex-dividend 5 Jun 2026.
What do analysts say about Bank of Baroda?
35 analysts cover Bank of Baroda, and the consensus is buy. A consensus is a count of opinions, not a forecast; read it beside the numbers.