Business Standard

Bank of Baroda Q4 result preview: Here is what leading brokerages expect

Maintaining an optimistic view relative to the previous two brokerages, Motilal Oswal expects BoB's net profit to grow 82.6 per cent YoY to Rs 925 crore on the back of a sharp decline in provisions

Bank of Baroda
Web Exclusive Premium

Bank of Baroda

Nikita Vashisht New Delhi
Weak credit growth, dragged by sluggish corporate loan off-take, coupled with muted operating profit and higher slippages may dent the March quarter (Q4FY21) earnings of state-owned lender Bank of Baroda.

“Elevated credit cost and modest net interest income (NII) is expected to dent earnings. Besides, asset quality may also remain under pressure during the quarter under study,” wrote analysts at Motilal Oswal Financial Services in an earnings preview note.

At the bourses, BoB stock has outperformed during the period under review, ACE Equity data show. In three months to March 31, the stock of the state-owned bank moved up 20.5 per cent,

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: May 19 2021 | 1:25 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com