Bank of Baroda

(BANKBARODA)

Bank of Baroda Shares Surge, Market Cap Increases - 22 Nov, 2024

Bank of Baroda's shares rose by nearly 3%, resulting in a market capitalization gain of ₹3,481 crore. The stock reached ₹235.25, reflecting strong investor interest.

Bank of Baroda Faces Stock Decline Amid Market Volatility - 21 Nov, 2024

On November 21, 2024, Bank of Baroda experienced significant stock declines, with shares falling 3.58% and a market cap loss of Rs 4,989 crore. The decline was influenced by a broader sell-off in Adani Group stocks, affecting public sector banks. Additionally, the bank announced a partnership with Sohan Lal Commodity Management for agricultural financing services.

Bank of Baroda Partners for Agricultural Financing - 20 Nov, 2024

Bank of Baroda has formed a strategic partnership with SLCM to enhance agricultural financing, allowing farmers to secure credit against their crops through the bank's network.

Bank of Baroda's Strategic Moves Amid Currency Challenges - 18 Nov, 2024

Bank of Baroda is enhancing its retail strategy by leveraging branches, while also expressing optimism about the Indian rupee's medium-term prospects despite current pressures.

Bank of Baroda Shows Strong Performance and Growth Potential - 16 Nov, 2024

Bank of Baroda has demonstrated steady earnings and improved asset quality, with a significant drop in GNPA ratio. Despite challenges in deposit growth, the bank's RoE and NIM remain strong, suggesting a target price of ₹290 to ₹320, indicating potential upside.

Bank of Baroda Reports Strong Q2 Performance - 15 Nov, 2024

Bank of Baroda showcases a low PE ratio of 6.3, attracting retail investors despite 4% YTD returns. Q2 profits surged 23% YoY, driven by loan recoveries and a 12% loan book expansion.

Bank of Baroda Reports Strong Growth in Advances - 12 Nov, 2024

Bank of Baroda's Managing Director announced a 13% increase in advances during a post-earnings call, reflecting the bank's robust lending performance.

Bank of Baroda's Growth Attributed to Collaborative Efforts - 06 Nov, 2024

Debadatta Chand, MD and CEO of Bank of Baroda, credited the bank's current success to the collaborative efforts of the RBI, government, and bank management over the past decade.

Bank of Baroda Reports NII Impact for Q2 and Q1 - 04 Nov, 2024

Bank of Baroda's managing director, Debadatta Chand, reported an impact of Rs 179 crore on net interest income (NII) for the July-September quarter and Rs 13 crore for the April-June quarter.

Bank of Baroda Reports NIM Impact from Penal Charges - 03 Nov, 2024

Bank of Baroda's domestic cost of deposits rose to 5.16%, while the yield on advances fell to 8.93%. NIM decreased to 3.10% due to changes in penal interest guidelines, impacting earnings by approximately ₹179-180 crore.

Bank of Baroda Expands Education Loan Portfolio - 02 Nov, 2024

In FY 2023-24, Bank of Baroda disbursed Rs. 2,844 crore in education loans, marking a 19.6% growth. The bank introduced competitive interest rates and digital loan options, benefiting thousands of students, especially women.

Bank of Baroda Stock Shows Bullish Potential - 01 Nov, 2024

Bank of Baroda's stock is poised for upward movement, with an analyst giving a BUY rating and a target of Rs 270. A breakout above ₹260 is crucial for confirming bullish momentum.

Bank of Baroda Reports Strong Q2 Profit Growth - 29 Oct, 2024

Bank of Baroda's Q2 net profit surged by 23%, supported by robust advances. Although net interest margin decreased slightly, it remains higher than last year.

Bank of Baroda Reports Strong Q2 Earnings and Asset Quality - 28 Oct, 2024

Bank of Baroda's Q2 results show a net profit of ₹5,238 crore, a 23.2% increase. The bank's asset quality is the best in a decade, prompting positive adjustments from brokerages. However, it has lowered its loan and deposit growth targets to maintain margins.

Bank of Baroda Reports Strong Q2 Profit Growth - 27 Oct, 2024

Bank of Baroda's net profit for Q2 FY25 reached ₹5,238 crore, a 23.2% increase from the previous year. Net interest income also rose by 7.3%. Gross NPA improved to 2.50%.

Bank of Baroda Reports Strong Q2 Profit Growth - 26 Oct, 2024

Bank of Baroda's net profit surged 23% to Rs 5,238 crore in Q2, driven by robust advances. The bank aims to increase retail, agriculture, and MSME loans to 65% in three to five years.

Bank of Baroda Reports Strong Q2 Earnings Growth - 25 Oct, 2024

Bank of Baroda's Q2 FY25 results show a 23% increase in net profit to ₹5,238 crore, supported by higher net interest and non-interest income. Asset quality improved with a lower GNPA ratio of 2.50%. Despite strong earnings, shares fell 2.26% to ₹239.50 on October 25.

Bank of Baroda Q2 FY25 Results Preview - 24 Oct, 2024

Bank of Baroda is expected to report a 2.6% rise in net profit to Rs 4,361 crore for Q2 FY25, with interest income projected to grow by 8.9%. The bank's asset quality is anticipated to remain stable, with GNPAs at 2.8%. The stock rose 3% ahead of the results, reflecting positive market sentiment.