Bank of Baroda Q1 preview: NII could rise 34% YoY; merged entity's nos eyed

On a standalone basis, analysts are eyeing a pre-provision profit for Bank of Baroda of up to Rs 4,765 crore the quarter under review

India’s first three-way merged public sector bank, Bank of Baroda, is scheduled to announce its April-June quarter result of financial year 2019-20 (Q1FY20) on Thursday, July 25. The bank, which got merged with Vijaya Bank and Dena Bank with effect from April 1, 2019, is expected to post stronger numbers on standalone basis while analysts would eye results for the merged entity.

According to analysts at Sharekhan, the public lender is likely to report a net interest income (NII) of Rs 5,853 crore, a jump of nearly 34 per cent year-on-year (YoY) from Rs 4,381 crore clocked in the June