Bank of Baroda Share Price Target for 2024, 2025, 2026, 2027, 2028

Sure, Bank of Baroda is an Indian multinational banking and financial services company based in Vadodara, Gujarat, India. It is the third largest bank in India by assets and market capitalization. The bank has a global network of over 8,000 branches and 13,000 ATMs across 26 countries.

The Bank of Baroda was founded in 1908 and is headquartered in Vadodara, Gujarat, India. The bank has a global network of over 8,000 branches and 13,000 ATMs across 26 countries. The bank offers a wide range of products and services to its customers, including personal banking, corporate banking, investment banking, and insurance.

The Bank of Baroda is a public sector bank, which means that it is owned by the government of India. The bank is listed on the Bombay Stock Exchange and the National Stock Exchange of India.

The Bank of Baroda has been ranked as the third largest bank in India by assets and market capitalization. The bank has also been ranked as one of the most trusted brands in India.

Bank of Baroda Overview

Feature Description
Founded 1908
Headquarters Vadodara, Gujarat, India
Global Network Over 8,000 branches, 13,000 ATMs across 26 countries
Products & Services Personal banking, corporate banking, investment banking, insurance
Ownership Public sector bank (Government of India)
Stock Exchanges Bombay Stock Exchange, National Stock Exchange of India
Ranking 3rd largest bank in India by assets & market capitalization
Brand Recognition One of the most trusted brands in India

Bank of Baroda Products

Category Subcategory Examples
Accounts Savings Accounts Baroda Platinum Saving, Baroda Easy Access SB, Baroda Senior Citizen SB, Salary Accounts, NRE/NRO Accounts
Current Accounts Baroda Advantage Current, Baroda Premium Current Privilege, Baroda Current Account
Fixed Deposits Baroda Shubh Laabh FD, Baroda Tax Benefit FD, Baroda Flexi Deposit, Baroda Kisan Vikas Patra
Other Accounts Demat & Trading Accounts, Overdraft Facilities, Safe Deposit Boxes
Loans Personal Loans Baroda Personal Loan, Baroda Baroda Top-Up Loan, Baroda Loan Against FD/RD
Home Loans Baroda Home Loan, Baroda Home Loan Advantage, Baroda NRI Home Loan
Education Loans Baroda Scholar Loan, Baroda Abhyas Loan, Baroda Education Loan for Girl Child
Other Loans Car Loans, Gold Loans, Loan Against Property, Business Loans
Investments Mutual Funds Baroda Mutual Fund Investment Plans, SIPs, Lump Sum Investments
Government Schemes E-Kisan Vikas Patra, Sukanya Samriddhi Account, Kisan Vikas Patra
Other Investments IPO Subscriptions, Bonds, Insurance (Life & General)
Digital Products Internet Banking bob World Internet Banking, Mobile Banking, Online Account Opening
Cards Credit Cards, Debit Cards, Prepaid Cards
Other Digital Services Online Payments, Bill Payments, Recharge, E-commerce Integration

Bank of Baroda Awards and Recognition

Year Award/Recognition Category Awarded by
2023 National Award for Outstanding Performance in SHG Bank Linkage Programme Financial Inclusion Deendayal Antyodaya Yojana- National Rural Livelihood Mission, Ministry of Rural Development, Govt. of India
2023 Best Bank in Supply Chain Finance Banking Services The Institute of Supply Chain Management
2020 Top Performing Bank under EASE Reforms Index Awards Overall Performance Indian Banks’ Association
2020 First Position in Responsible Banking under EASE Reforms Index Awards ESG Initiatives Indian Banks’ Association
2020 First Position in Deepening Financial Inclusion and Digitization under EASE Reforms Index Awards Financial Inclusion & Digital Banking Indian Banks’ Association
2019 FICCI Digital Awards – Business Transformation Award Digital Excellence Federation of Indian Chambers of Commerce & Industry
2019 Fintech Awards – Banking Leader Award Banking Innovation Institute of Financial Services Mumbai
2018 Asian Leadership Awards – Best Managed Bank (India) Overall Performance UBM Plc.
2018 Dun & Bradstreet Corporate Awards – India’s Most Vibrant Company 2018 Financial Performance Dun & Bradstreet
2017 AIMA Corporate Governance Awards – Top 50 Governed Companies (India) Corporate Governance All India Management Association

Bank of Baroda Share Price Target-

Bank of Baroda Fundamentals

Category Metric Value Interpretation
Financials Net Profit (FY23) Rs. 16,055 crore Strong profitability growth (>150% YoY)
Revenue (FY23) Rs. 45,218 crore Steady revenue growth (~6% YoY)
Capital Adequacy Ratio (CAR) 16.24% Strong capital position (above regulatory minimum)
Gross NPA Ratio 2.53% Improved asset quality (down from 5.64% in FY22)
Cost to Income Ratio 47.72% High operating expenses, room for improvement
Valuation Market Capitalization Rs. 1,13,356 crore Large-cap company with decent liquidity
Price to Earnings Ratio (P/E) 6.00 Low valuation suggesting potential undervaluation
Shareholding Pattern Promoters 63.97% Majority control by government of India
DIIs (Domestic Institutional Investors) 16.00% Moderate institutional participation
FIIs (Foreign Institutional Investors) 12.39% Limited foreign ownership
Risks Rising interest rates May impact loan growth and profitability
Increasing competition from private banks May put pressure on market share
Dependence on government-driven initiatives Growth may be tied to economic policies

Bank of Baroda Revenue and Net Profit

Year Revenue (Rs. crore) Net Profit (Rs. crore) YoY Revenue Growth YoY Net Profit Growth
FY23 45,218 16,055 6.00% 150.00%
FY22 42,482 6,398 5.50% 42.00%
FY21 40,234 4,502 4.80% 30.00%

Bank of Baroda Shareholding Patterns

Category Holding (%) Change from Jun 2023 Notes
Promoters (Govt. of India) 63.97 0.00 Majority control
Domestic Institutional Investors (DIIs) 16.00 +0.70 Includes mutual funds, insurance companies, banks, etc.
Foreign Institutional Investors (FIIs) 12.39 +0.10 Foreign ownership remains limited
Public Shareholding (Remaining) 7.64 -0.80 Includes retail investors, employees, others

Bank of Baroda Share Price Target for 2024, 2025, 2026, 2027, 2028

Year Share Price Target (Rs.)
2024 240
2025 300
2026 340
2027 410
2028 500

Bank of Baroda Share Price Target for 2024

Bank of Baroda Share Price Target for 2024 is 240.

Bank of Baroda Share Price Target for 2025

Bank of Baroda Share Price Target for 2025 is 300 .

Bank of Baroda Share Price Target for 2026

Bank of Baroda Share Price Target for 2026 is 340.

Bank of Baroda Share Price Target for 2027

Bank of Baroda Share Price Target for 2027 is 410.

Bank of Baroda Share Price Target for 2028

Bank of Baroda Share Price Target for 2028 is 500.

Bank of Baroda Dividend History

Year Ex-Date Record Date Dividend Per Share (Rs.) Dividend Yield (%) Remarks
2023 May 16 5.50 2.46 Final Dividend (For FY23)
2022 Jun 17 Jun 22 2.85 1.42 Revised Dividend
2021 Jun 22 Jun 28 1.20 0.60 Final Dividend
2020 Jun 16 Jun 20 3.20 1.60 Final Dividend
2019 Jun 11 Jun 17 10.50 5.25 Final Dividend

Bank of Baroda Share Split History

**Date Split Ratio Explanation**
22nd January 2015 1:5 One pre-split share was split into five post-split shares, resulting in a decrease in face value from Rs. 10 to Rs. 2.

Future Outlook of Bank of Baroda

Positive Outlooks:

  • Continued growth: The Indian banking sector is projected to grow in the coming years, potentially benefiting Bank of Baroda if it maintains its market share and improves operational efficiency.
  • Financial performance: Consistent improvement in revenue, profitability, and asset quality could attract more investors and boost the share price.
  • Digital transformation: Embracing digital technologies and providing innovative financial products can enhance customer experience and market competitiveness.
  • Government support: As a public sector bank, Bank of Baroda may receive support from the government in terms of capital infusion or policy initiatives.

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Risks Associated With Investing in Bank of Baroda

Category Risk Description Potential Impact Mitigation Strategies
Macroeconomic Risks Economic Slowdown: A slowdown in the Indian economy can lead to decreased loan demand and higher non-performing assets (NPAs) for Bank of Baroda. Reduced profitability, lower share price. Invest in diversified portfolio, monitor economic indicators, consider short-term investments.
Rising Interest Rates: If interest rates increase, it can make it more expensive for Bank of Baroda to borrow and may lead to lower demand for loans. Reduced profitability, decreased demand for loans. Focus on fixed-income investments, consider interest rate hedge options, monitor monetary policy announcements.
Inflation: Increased inflation can erode the value of Bank of Baroda’s earnings and reduce real returns for investors. Lower returns, potentially negative real returns. Invest in inflation-protected securities, focus on dividend-paying stocks, monitor inflation data.
Industry Risks Competition: The Indian banking sector is highly competitive, with private and public sector banks vying for market share. Reduced market share, lower profitability. Invest in banks with strong differentiation strategies, monitor competitive landscape, focus on customer satisfaction.
Technological Disruption: Emerging technologies like fintech and blockchain could disrupt the traditional banking model and pose challenges for Bank of Baroda. Loss of market share, obsolescence of existing products and services. Invest in banks with strong digital transformation strategies, monitor technological advancements, adapt to changing customer needs.
Company-Specific Risks Asset Quality: High levels of non-performing assets (NPAs) can significantly impact Bank of Baroda’s profitability and financial stability. Reduced earnings, potential write-offs, decreased investor confidence. Analyze NPA trends, assess bank’s credit risk management practices, consider investment horizon.
Operational Inefficiency: High operating costs or inefficient processes can hinder Bank of Baroda’s competitive edge and profitability. Reduced profit margins, lower return on equity (ROE). Analyze cost structure, evaluate operational efficiency measures, consider management track record.
Governance Concerns: Poor corporate governance or unethical practices can lead to reputational damage and regulatory fines. Reduced investor confidence, potential legal troubles, share price decline. Evaluate corporate governance practices, monitor news and regulatory filings, invest in banks with strong ethical values.

Bank of Baroda Competitors

Category Competitors Brief Description
Public Sector Banks (PSBs): State Bank of India (SBI), Punjab National Bank (PNB), Canara Bank, Bank of India (BOI), IDBI Bank Large government-owned banks with wide branch networks and strong customer base. May offer lower interest rates on deposits and loans compared to private banks.
Private Sector Banks: HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank, Yes Bank Offer higher interest rates on deposits, wider range of financial products, and often superior customer service compared to PSBs. May have less geographical reach and customer base than PSBs.
Foreign Banks: HSBC India, Citibank India, Standard Chartered Bank Offer specialized products and services for international transactions and may cater to high-net-worth individuals. May have limited branch networks and focus on larger corporate clients.
Payment Banks & Fintech Companies: Paytm Payments Bank Ltd., Airtel Payments Bank Ltd., PhonePe Offer mobile-based banking services and cater to underserved populations. May not offer all traditional banking products and services.

DISCLAIMER: We are not SEBI registered. We have not provided any real investment advice or stock recommendations. The share price targets and justifications in this article are hypothetical examples for educational purposes only. Stock prices depend on many factors and future returns are not guaranteed. Readers should do their own research before investing. Or consult a registered financial advisor for guidance. We do not guarantee any stock performance or returns. Investing in stocks involves risks.

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