1. At a Glance
Bank of Baroda is that PSU uncle who got fit in his 50s. From bleeding balance sheets in the mid-2010s to now flaunting ₹19,618 Cr annual net profit and a juicy 3.43% dividend yield — this bank means business. The Q1 FY26 net profit of ₹3,517 Cr may be a dip QoQ, but it’s still the kind of dip you take with nachos.
2. Introduction with Hook
Remember the shy guy at the wedding who suddenly hits the gym, grows a beard, and now everybody’s auntie is asking if he’s single? That’s Bank of Baroda.
Once the poster child for PSU banking woes, BoB has done a Steve Rogers-to-Captain America transformation. In the last five years:
- Profit CAGR = 86% (yes, really)
- Deposits = ₹14.9 lakh crore
- Book Value = ₹297/share, CMP = ₹243
You’re literally buying this bank below book value. A PSU giving value investors a reason to get out of bed.
3. Business Model (WTF Do They Even Do?)
It’s a bank. But not just any bank.
- Retail Loans: Housing, personal loans, MSME, education — name a pain point, they’ll lend.
- Corporate Banking: From Adani to your local steel mill — BoB funds them all.
- Treasury Ops: Playing the bond market better than half of Twitter traders.
- Overseas Biz: Oman branch gone, other global tentacles still live.
- Digital Push: BoB World app — their attempt at being cool with Gen Z.
