BANKINDIA · NSE · Public Sector Bank
Bank of India
What the numbers mean, from its filings and the exchange. Data as of 12 Oct 2026.
Mid Cap · AMFI list Jan-Jun 2026 · Vendor sector: Financial Services
cheap
low confidence
No valuation within 120 days; P/E 5.2 vs peers 6.7 (1st of 10); P/B 0.78 vs peers 0.99 (1st of 10).
Statements through FY2026Prices adjusted for corporate actionsNot yet reviewed by the adversarial model
What is Bank of India's share price today?
Bank of India last traded at ₹133.40 on the NSE, as of 12 Oct 2026, 11:00 pm IST, down 0.8% on the day, up 6.0% over a year. Its 52-week range is ₹122 to ₹178. The live price is in the app.
₹133.40
−0.8% today
+6.0% 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 range20% of the way up
Low ₹122High ₹178
What is Bank of India's market cap?
Bank of India's market capitalisation is about ₹61,215 crore: what it would cost to buy every share at today's price. That makes it the 72nd largest mid cap company we cover.
₹61,215 Cr
Mid Cap72nd largest mid cap company
Share price₹133.40
×
Shares in issue459 crore
=
Market cap₹61,215 Cr
Mid Cap means the companies ranked 101 to 250 by size, 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: BANKINDIA
- ISIN
- INE084A01016
- Cap bucket
- Mid Cap, 72nd largest by market cap
- Industry (NSE)
- Financial Services › Banks › Public Sector Bank
- Listed since
- 1997
- Futures and options
- Traded
Is Bank of India overvalued?
Cheap, with low confidence: no valuation within 120 days; P/E 5.2 vs peers 6.7 (1st of 10); P/B 0.78 vs peers 0.99 (1st of 10).
Valuation
Latest price and trailing 12 months
P/E
5.20
vs peers 6.7 · 1st of 10
Price divided by last year's earnings per share: how many years of today's profit you pay for. Learn more →
P/B
0.78
vs peers 1.0 · 1st of 10
Price divided by book value per share: what you pay for each rupee of net assets on the balance sheet. Learn more →
Market cap
₹61,215 Cr
Total market value of all shares, in ₹ crore. Learn more →
Dividend yield
3.4%
vs peers 3.0% · 4th of 8
Last year's dividends as a share of today's price. Learn more →
PEG (vendor)
1.04
vs peers 2.6 · 2nd of 8
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
0.15
P/E divided by the 3-year EPS growth rate from the stored accounts. Learn more →
Is Bank of India a quality business?
Quality score 48.1, 5th of 10 in its peer set; WATCH on 21 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
48.1
vs peers 44.4 · 5th of 10
Returns, margins, leverage and consistency against its peers, out of 100. Learn more →
Risk level
WATCH
21 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
2.6%
vs peers 3.1% · 8th of 10
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
1.8%
vs peers 2.0% · 4th of 10
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 0.3% · 10th of 10
Bad loans after the provisions already set aside against them, as a share of loans. Learn more →
Provision coverage
72.2%
How much of the gross bad loans has already been provided for. Learn more →
Credit cost
0.4%
vs peers 0.7% · 2nd of 10
The year's provisions for bad loans as a share of the average loan book. Learn more →
Cost to income
51.4%
vs peers 49.0% · 7th of 10
Operating expenses (staff, branches, technology) over net interest income plus other income. Learn more →
Return on assets
0.9%
vs peers 1.1% · 7th of 10
Profit as a share of average total assets. Learn more →
CET1 ratio
16.0%
Common equity tier 1 capital, the hardest kind, against risk-weighted assets; from the latest results filing. Learn more →
Loan growth YoY
17.0%
vs peers 16.5% · 5th of 10
Growth in the loan book over the latest fiscal year. Learn more →
Deposit growth YoY
13.6%
vs peers 12.0% · 3rd of 10
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 India made money for shareholders?
Yes: +6.0% over one year and +18.6% a year over five years.
Shareholder returns
5-year return
+18.6% 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
+0.7%1M
−2.3%3M
−7.6%6M
−7.2%1Y
+6.0%3Y
+10.8%5Y
+18.6%Does Bank of India pay a dividend?
Yes. Bank of India's dividend yield is 3.39% at the latest price; the last payout was ₹4.65 a share, ex-dividend 29 May 2026.
Dividends
Per share, by ex-dividend date
Dividend yield3.39%
The past 12 months' dividends as a share of today's price.
29 May 2026 · Final₹4.65
20 Jun 2025 · Final₹4.05
18 Jun 2024 · Final₹2.80
20 Jun 2023 · Final₹2.00
7 Jul 2022 · Final₹2.00
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 India growing?
Loan growth 17.0%; deposit growth 13.6%; revenue 3 years 15.9% a year.
Growth
Statements through FY2026 (Mar-26)
Loan growth
17.0%
vs peers 16.5% · 5th of 10
Growth in the loan book over the latest fiscal year. Learn more →
Deposit growth
13.6%
vs peers 12.0% · 3rd of 10
Growth in deposits over the latest fiscal year. Learn more →
Revenue 3 years
15.9% a year
vs peers 13.8% · 3rd of 10
Compound annual growth of revenue over three years. Learn more →
EPS 3 years
34.3% a year
Growth in earnings per share, so dilution counts against the company. Learn more →
Revenue 5 years
13.6% a year
Compound annual growth of revenue over five years. Learn more →
EPS 5 years
28.9% a year
Growth in earnings per share over five years, so dilution counts against the company. Learn more →
How did Bank of India do last quarter?
Bank of India reported income of ₹22,712 Cr, up 6.5% on a year earlier and a net profit of ₹3,303 Cr, up 7.9% in the Jun 2026 quarter.
Latest quarter
Jun 2026
Income, latest quarter₹22,712 Cr
+6.5% on a year earlier
What the company took in over the quarter.
Net profit, latest quarter₹3,303 Cr
+7.9% on a year earlier
What was left for shareholders after every cost and tax.
How does Bank of India compare with its peers?
Compared with 9 Public Sector Bank; 1st of 10 on P/E; 5th of 10 on quality score.
Compared with 9 Public Sector Bank
9 companies
- Bank of India (this page)
- Punjab National Bank
- Union Bank of India
- Bank of Baroda
- Indian Bank
- Canara Bank
- Bank of Maharashtra
- Indian Overseas Bank
- UCO Bank
- Central Bank of India
Bank of India against its peers
Largest 9 of 9 peers, by market cap
CompanyMarket capP/EP/BROE1YQuality 🔒Rank 🔒
Bank of India₹61,215 Cr5.20.814.0%+6.0%
UCO Bank₹29,154 Cr10.40.99.5%−26.9%
Peer median—6.71.013.8%−6.3%
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 India?
Bank of India is held by promoters 73.4%, foreign institutions 6.9%, domestic institutions 14.0%.
Shareholding pattern
Latest filing, percent of shares
Promoters73.4%
The founders and controlling group.
Foreign institutions6.9%
Overseas funds investing through the FPI route.
Domestic institutions14.0%
Indian insurers, banks, pension and mutual funds together.
Mutual funds4.1%
Indian mutual fund schemes; part of domestic institutions.
Retail and others3.5%
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 India?
4 analysts cover Bank of India, and the consensus is buy. A consensus is a count of opinions, not a forecast; read it beside the numbers.
Analyst consensus
4 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 India do and what is it sensitive to?
Bank of India is a bank that reports its business in Treasury, Wholesale Banking and Retail Banking segments, with Retail Banking acting as the main deposit-mobilising unit. Sensitive to: policy repo rate.
Business-model card
None · 40 verified
3Revenue
4Channels
2Regulators
6Reg. dependencies
5Sensitivities
4Costs
3Geographies
Bank of India is a bank that reports its business in Treasury, Wholesale Banking and Retail Banking segments, with Retail Banking acting as the main deposit-mobilising unit. It also distributes third-party insurance and mutual fund products as a corporate agent, and its revenue is reported by domestic and international operations.
Revenue by segment
Year ended March 31, 2026 (FY 2025-26); consolidated (BOI group), per the 2024-25 comparatives matching the consolidated tables
Treasury Operations (1)27.1%
Wholesale Banking Operations (2)34.5%
Retail Banking Operations (3) - Digital Banking (3)(i)0.0%
Retail Banking Operations (3) - Other Retail Banking (3)(ii)38.4%
Other Banking Operations (4)0.0%
Revenue engine
3 verified
Retail Banking
Covers Digital Banking and Other Retail Banking; Other Retail includes housing loans and borrower accounts up to ₹7.50 exposure. Interpretation: Retail is the primary deposit-mobilising unit and is compensated by Wholesale and Treasury for funds lent to them. Segment revenue was Rs 31,053.26 crore in 2024-25 (chunk 48).
Wholesale Banking
Lending to trust, partnership firms and companies that are not in retail. Segment revenue was Rs 27,338.94 crore in 2024-25 (chunk 48).
Treasury
Investment portfolio, including dealing in government and other securities, money market operations and forex operations with derivative contracts. Segment revenue was Rs 22,735.88 crore in 2024-25 (chunk 48).
Customers & channels
4 verified
Corporate clients
Bank is working to digitise service availability for corporate clients, which affects how businesses access its services. Interpretation: this is a digital service channel for business customers.
Insurance distribution through corporate agency
Bank sells third-party life, general and standalone health insurance as a corporate agent. Interpretation: commission-based distribution, with economics governed by the agency arrangements.
Mutual fund distribution
Open-architecture model under which the bank distributes mutual funds from several AMCs. Interpretation: revenue depends on tie-up agreements with AMCs.
1 more statement
Government institutions
Prepaid card product designed for government disbursement and operational needs.
Regulators
2 verified
Reserve Bank of India (RBI)
Governs the bank's risk-based supervision, LCR, capital and risk-weight computation, and the approach used for operational risk capital.
IRDAI, AMFI and SEBI (third-party product distribution)
Bank's bancassurance and mutual fund distribution must follow these regulators' guidelines.
Regulatory dependencies
6 verified
RBI-prescribed run-off factors for LCR
Stressed outflows use RBI run-off rates, for example 5% to 10% on retail deposits and 100% on other legal entities. Interpretation: a change in these factors would change the LCR outflow and the liquidity buffer needed.
RBI provisioning on derivative credit exposure
Provision on mark-to-market derivative exposures follows the Standard-category loan rule at 0.40% of risk weighted assets. Interpretation: a change would alter provisions on derivative counterparties.
Operational risk capital method
Operational risk weighted assets are computed under the Basic Indicator Approach, and the bank is preparing for the new standardised approach in draft RBI guidelines. Interpretation: a move to the new approach would change operational risk RWA and capital needs.
3 more statements
Standardised Approach for credit risk
Credit risk capital is computed under the Standardized Approach. Interpretation: risk weights set under this approach determine the RWA and capital base.
Regulatory interest rate shocks (IRRBB)
Bank measures the impact on Economic Value of Equity and net interest income under six prescribed shocks. Interpretation: rate moves in these scenarios affect capital and NII.
LCR cap on inflows
Expected inflows are capped at 75% of expected cash outflows in the LCR. Interpretation: this cap limits the inflow offset and raises the net outflow the bank must cover.
Sensitivities
5 verified
Policy repo rate
A cumulative 125 bp cut since February 2025 lowered the cost of credit. The filing says profitability held firm as the rate cycle shifted toward easing; the margin effect is not quantified.
Interest rates, FX and equity prices (market risk)
Market risk is loss from movements in these factors. Interpretation: a rise or fall in these factors can create losses in the investment and forex book.
Borrower default (credit risk)
Credit risk is loss from a borrower failing to repay. Interpretation: rising defaults increase provisions and reduce earnings.
2 more statements
Retail deposit base and HQLA (liquidity)
The main drivers of the LCR are the adequacy of HQLA and lower net cash outflow from higher retail funding. Interpretation: a shift from retail to wholesale funding raises net outflows.
USD exposure (currency)
USD is the only significant currency under the LCR definition. Interpretation: USD moves affect the currency mismatch and the foreign currency book.
Cost inputs
4 verified
Staff salaries
Salary of staff other than the MD and CEO and executive directors is set under the Tripartite Agreement of the IBA. Interpretation: wage costs follow the IBA agreement.
Employee benefit obligations
Leave encashment and other defined benefits are provisioned on an actuarial valuation. Interpretation: discount rates and actuarial assumptions drive the expense.
Cost of deposits and borrowings
Retail segment funding is charged to other segments at the average cost of deposits and borrowings. Interpretation: cost of funds is a major input to segment results.
1 more statement
Card printing services
A new RFP has been initiated for card printing services. Interpretation: this is an outsourced input cost for cards.
Geographies
3 verified
Domestic operations
Domestic is the secondary geographical segment. Domestic revenue was Rs 75,347.76 crore in 2025-26 (chunk 43).
International operations (foreign branches)
Foreign branches are classified as non-integral foreign operations. International revenue was Rs 9,687.78 crore in 2025-26 (chunk 43).
United Arab Emirates
The group has operations in the UAE, where a domestic minimum top-up tax under Pillar Two has been recognised.
Each statement is checked word for word against the None annual report; the passages are in the app.
What changed recently?
Q1 FY2027 results filed (24 Jul 2026).
Change log
8 entries · newest first
- Results filedQ1 FY2027 results filed.
- Corporate actionDividend - Rs 4.65 Per Share.
- Results filedQ4 FY2026 results filed.
- Results filedQ3 FY2026 results filed.
- Results filedQ2 FY2026 results filed.
- Results filedQ1 FY2026 results filed.
- Corporate actionDividend - Rs 4.05 Per Share.
- 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.
- FlagsWATCH on 21 of 22 lender flags judged; 1 red; 1 could not be judged.
- Data gapsBusiness 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 None · 40 verified
Questions people ask
What is Bank of India's share price today?
Bank of India last traded at ₹133.40 on the NSE, as of 12 Oct 2026, 11:00 pm IST, down 0.8% on the day, up 6.0% over a year. Its 52-week range is ₹122 to ₹178. The live price is in the app.
What is Bank of India's market cap?
Bank of India's market capitalisation is about ₹61,215 crore: what it would cost to buy every share at today's price. That makes it the 72nd largest mid cap company we cover.
Is Bank of India a large cap, mid cap or small cap?
Bank of India (BANKINDIA) is a mid 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 India's P/E ratio?
5.20, vs peers 6.7 · 1st of 10. Price divided by last year's earnings per share: how many years of today's profit you pay for.
Is Bank of India overvalued?
Cheap, with low confidence: no valuation within 120 days; P/E 5.2 vs peers 6.7 (1st of 10); P/B 0.78 vs peers 0.99 (1st of 10).
How does Bank of India make money?
Bank of India is a bank that reports its business in Treasury, Wholesale Banking and Retail Banking segments, with Retail Banking acting as the main deposit-mobilising unit. It also distributes third-party insurance and mutual fund products as a corporate agent, and its revenue is reported by domestic and international operations.
Why is there no Altman Z or debt to equity for Bank of India?
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 India's peers?
Compared with 9 Public Sector Bank: Punjab National Bank, Union Bank of India, Bank of Baroda, Indian Bank, Canara Bank and 4 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 India do last quarter?
Bank of India reported income of ₹22,712 Cr, up 6.5% on a year earlier and a net profit of ₹3,303 Cr, up 7.9% in the Jun 2026 quarter.
Who owns Bank of India?
Bank of India is held by promoters 73.4%, foreign institutions 6.9%, domestic institutions 14.0%.
Does Bank of India pay a dividend?
Yes. Bank of India's dividend yield is 3.39% at the latest price; the last payout was ₹4.65 a share, ex-dividend 29 May 2026.
What do analysts say about Bank of India?
4 analysts cover Bank of India, and the consensus is buy. A consensus is a count of opinions, not a forecast; read it beside the numbers.