Bank Of Baroda Stock Price Analysis and Quick Research Report. Is Bank Of Baroda an attractive stock to invest in?

The Indian Banking sector is rising rapidly due to infrastructure spending, favorable government policy, rising disposable income and increasing consumerism and easier access to credit.

The banking industry is in boom with growing demand across India. But is it the right time to invest in banking stocks is the question to be asked? We can look into more details and dig a little deeper into the analysis of the stock.

Let’s look at how Bank Of Baroda is performing and if it is the right time to buy the stock of Bank Of Baroda with detailed analysis. Bank Of Baroda stock price today is Rs 239.22.

•  For Banking companies, The primary source of Income is interest earned on various loans given to individuals and corporates. Bank Of Baroda has earned Rs 121441.6394 Cr. revenue in the latest financial year. Bank Of Baroda has posted outstanding revenue growth of 20.2271332824988 % in last 3 Years.

• In terms of advances, Bank Of Baroda reported 13.4902 % YOY,  rise . If you see 3 years advance growth, it stands at 15.8883124989612 %.

• Currently, Bank Of Baroda has a CASA ratio of 37.8161 %. It’s overall cost of liability stands at 4.749 %. Also, the total deposits from these accounts stood at Rs 1472034.8486 Cr.

• Bank Of Baroda has a healthy ROA track record. The ROA of Bank Of Baroda is at 1.1631 %.

• The Lender is efficiently  managing it’s overall asset portfolio. The Gross NPA and Net NPA of Bank Of Baroda stood at 2.26 % and 0.58 % respectively as on the latest financial year.

• One other important measure of banks’ financial health is provisioning coverage ratio. The YoY change in provision and contingencies is negative at -1.56963642239886 % which means it has decreased from the previous year.

• Non-Interest income or other incomes are very important for banks as it gives a regular source of income for bank with no additional risk. Other income of Bank Of Baroda surged and is currently at Rs 16647.333 Cr.

• Bank Of Baroda has a Good Capital Adequacy Ratio of 17.19 .

• The best metric which provides insights about bank’s valuation is P/B ratio. Currently Bank Of Baroda is trading at a P/B of 0.903 . The historical average PB was 0.827659507298344.

• Share Price: - The current share price of Bank Of Baroda is Rs 239.22. One can use valuation calculators of ticker to know if Bank Of Baroda share price is undervalued or overvalued.