Bank of Baroda Q4 Results: Net Profit Jumps 3.3% YoY To Rs 5,048 Cr, NII Falls 6.6%; Rs 8.35 Dividend Declared

Bank of Baroda is an Indian government public sector bank headquartered in Vadodara, Gujarat. It is the third-largest public sector bank in India. It has declared its 4th quarter FY 24-25 results today.

While the bank's net profit for FY25 is Rs 19,581 crore, rising 10.1% YoY compared to Rs 17,789 crore in FY24, it posted a net profit of Rs 5,048 Cr in Q4FY25, up 3.3% YoY from Rs 4,886 Cr in Q4FY24.

BoB's net interest income (NII) dropped to Rs 11,020 Cr in the quarter under review, down by 6.6% YoY from Rs 11,793 reported in the same quarter of the previous fiscal year. The bank's net interest income stood at Rs 45,659 Cr in FY25, rising 2.1% from Rs 44,722 Cr in FY24.

Whereas the bank's Non-Interest Income reached Rs 5,210 Cr in the 4th quarter of the current fiscal year, rising 24.3% YoY from Rs 4,191 Cr in Q4FY24. In contrast, non-interest income for FY25 increased 14.8% YoY to Rs 16,647 crore.

The bank's operating profit for FY25 climbed 4.7% to Rs 32,435 crore, but its operating profit for Q4FY24 remained largely unchanged at Rs 8,132 Cr, up from Rs 8,106 Cr in the same quarter last year.

The bank's reported cost-to-income ratio for FY25 is 47.94%, while its return on equity and return on assets are 16.96% and 1.16%, respectively.

With its gross non-performing assets (NPA) falling 12.6% year on year to Rs 27,835 crore in FY25 and its gross non-performing assets ratio improving to 2.26% in FY25 from 2.92% in FY24, Bank of Baroda announced strong asset quality. The bank's provision coverage ratio was 93.29% in FY25, while its net non-performing asset (NPA) ratio was 0.58% as opposed to 0.68% in FY24. According to the BoB, its slippage ratio decreased to 0.78% for FY25 from 0.99% in FY24, while the credit cost is 0.47% for FY25.

The Bank's domestic deposits climbed 9.3% year on year to Rs 12,42,169 crore in March 2025, while its domestic advances rose to Rs 10,21,112 crore, +13.7% YoY. According to Bank of Baroda, as of March 31, 2025, its domestic CASA deposits had grown 6.4% YoY to Rs 4,96,462 crore.

The Board of Directors "Recommended a dividend at Rs. 8.35 (Eight Rupees Thirty Five Paise only) per equity share (Face Value Rs.2/- each fully paid up) for the FY2024-25 subject to declaration / approval at the ensuing 29th Annual General Meeting,
" said BoB in a stock exchange filing today.

"Bank has fixed record/cut off date as 06th June 2025 for the purpose of dividend payment. Hence, shareholders having shares as on the cut date i.e 06th June 2025 shall be eligible for dividend payment," Bank of Baroda further informed stock exchanges on Tuesday.

One of the largest banks in India, Bank of Baroda has a significant domestic footprint with 8,424 branches, 10,987 ATMs, and cash recyclers that are backed by self-service channels. With 84 overseas offices spread across 17 countries, the bank has a substantial global footprint.

BoB Share Price Outlook

"BOB stock has corrected nearly 10% post the Q4 results. NII missed the estimates by almost 5.5%. Slippages have also increased QoQ. Despite the miss in earnings this quarter, we remain bullish on the stock. Most public sector banks have missed their numbers this quarter. However, we feel that the correction here is a good buying opportunity for long-term investors. We find the banking sector attractive from a valuation perspective and BoB an attractive bank to hold for the long term," said Mr. Gaurav Goel, (Entrepreneur and SEBI Registered Investment Advisor).

"Bank of Baroda stock price is bearish on the Daily charts with strong resistance at 244. A Daily close below support of 219 could lead to a target of 202 in the near term," commented A R Ramachandran, Independent Research Analyst.