Bank of Baroda Q2 FY25 Results Preview: PSU lender likely to register 3% rise in profit; interest income may expand 9%
Bank of Baroda Q2 FY25 Earnings Preview: Bank of Baroda is estimated to register a year-on-year rise in its net profit to Rs 4,361 crore for the July-September period, according to Zee Business research. Analysts expect Bank of Barodas net interest income (NII) to grow 8.9 per cent on a year-on-year basis.
Bank of Baroda (BANKBARODA) Q2 FY25 Results Preview: PSU lender Bank of Baroda is set to report its quarterly numbers on Friday, October 25. Analysts expect the lender to stage a decent financial performance for the second quarter as the first six months of the financial year with mild improvement in asset quality.
Bank of Baroda Q2 FY25 Results Preview | What to expect in PSU bank's top-line as well as bottom-line?
According to Zee Business research, Bank of Baroda is estimated to register a net profit of Rs 4,361 crore for the quarter ended September 30, which translates to a rise of 2.6 per cent compared with the corresponding period a year ago.
The analysts expect its net interest income (NII)—or the difference between the interest earned and the interest paid—to grow 8.9 per cent to Rs 11,799 crore on a year-on-year basis.
Bank of Baroda Q2 FY25 Results Preview | Asset quality may largely remain stable
The PSU bank is estimated to largely maintain its asset quality on a quarter-on-quarter basis.
Its gross non-performing assets (GNPAs) as a percentage of its total loans are expected to be at 2.8 per cent for the September quarter as against 2.9 per cent for the previous three months, according to Zee Business research.
Zee Business analysts peg Bank of Baroda's net non-performing assets (NNPAs) as a percentage of its total loans at 0.7 per cent for the second quarter of the current financial year—the same level as in the previous quarter.
Bank of Baroda Q2 Earnings Preview | Other key things to watch out for
Zee Business analysts anticipate the following:
- Improvement in the cost ratio
- Improvement in the operational performance
- Lower provisions
Bank of Baroda Share Price History
On Thursday, the PSU bank stock ended higher by Rs 7.1, or 3.0 per cent, at Rs 245.1 apiece on BSE.
At the current level, Bank of Baroda (BANKBARODA) shares have risen 25.8 per cent in the past year, in line with a 27.6 per cent gain in the headline Nifty50 index and outperforming a 20.3 per cent upmove in the Nifty Bank gauge.
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