Bank of India Limited provides various banking products and services in India and internationally. It operates through Treasury, Wholesale Banking, and Retail Banking segments. The company accepts various deposit products, such as savings, salary, current, term, and rera account deposits. It also provides debit, credit, and prepaid cards; loan products, including personal, home, vehicle, education, loan against property, star reverse mortgage, and approved home projects loans; and financing services comprising finance to new and existing business, healthcare scheme, govt. sponsored scheme, and commercial vehicle finance services. In addition, the company offers credit, cash management, and trade finance services; government deposit schemes products, including PPF, SCSS, Sukanya Samridhi, pension, and departmentalized ministries accounts; NPS, sovereign gold RBI bonds; MSSC and other products; mutual funds; and insurance services, such as life, health, and general insurance products. Further, it provides NRI services, including loans, money remittance and ancillary services, as well as agri products such as Kisan credit card, gold loan, self help group, Atmanirbhar schemes, tractor/farm mechanization, food and agro loans, agri allied activities, Kisan Ghar and agri mortgage loan, agri clinic/agri business centers, and other loans services. Additionally, the company offers internet banking, online, payment services. Bank of India Limited was incorporated in 1906 and is headquartered in Mumbai, India. Bank of India Limited is a part of India.
Revenue projections:
Revenue projections for BANKINDIA With Bank of India Limited's revenue expected to be lower than the previous year, investors may become cautious. Declining revenues often negatively impact the bottom line, reducing profitability and raising concerns among investors about the company's ability to maintain strong financial performance moving forward.
Financial Ratios:
currentRatio
0.000000
forwardPE
6.327207
debtToEquity
0.000000
earningsGrowth
0.261000
revenueGrowth
0.226000
grossMargins
0.000000
operatingMargins
0.452590
trailingEps
18.680000
forwardEps
10.240000
Bank of India Limited's positive earnings and revenue growth suggest that the company is poised for business expansion. This financial strength indicates that Bank of India Limited is expected to continue growing, with rising profits and sales contributing to its long-term success. BANKINDIA's lower forward EPS compared to its trailing EPS indicates that the company may be less profitable in the upcoming year. This suggests a potential slowdown in earnings, which could be a sign of weaker financial performance ahead.
Price projections:
Price projections for BANKINDIA
Recommendation changes over time:
Recommendations trend for BANKINDIA
Analysts have shown a buy bias for BANKINDIA, marking it as a favorable investment option. This could inspire investors to see BANKINDIA as a strong place to park their money, given the positive outlook and growth potential associated with the stock in recent evaluations.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
This article examines the recent slowdown in GDP growth to 5.4 percent,...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.