Bank of India (BANKINDIA) has reported impressive financial results for the quarter ended September 30, 2026. The bank’s net profit increased by 25.34% year-on-year to ₹3,202 crore for Q2 FY27, up from ₹2,555 crore in the same period last year. The operating profit also saw a significant rise, climbing by 33.19% to ₹5,089 crore. These figures highlight the bank’s robust performance and effective management strategies.

Profitability Surge

The bank’s profitability metrics have shown a marked improvement. The cost to income ratio (CIR) improved by 507 basis points to 47.95%, indicating better operational efficiency. Additionally, the return on assets (RoA) increased by 10 basis points to 1.01%, and the return on equity (RoE) rose by 142 basis points to 16.36%. These improvements reflect the bank’s ability to generate higher returns from its assets and equity.

Business Growth

Bank of India’s business metrics also reflect strong growth. Global business increased by 21.13% year-on-year to ₹18,92,601 crore, driven by significant increases in global deposits and advances. Global deposits grew by 21.59% to ₹10,37,530 crore, and global advances rose by 20.58% to ₹8,55,071 crore. These figures underscore the bank’s expanding footprint and increasing customer base.

As a result, the bank is well-positioned to continue its growth trajectory and deliver sustained value to its shareholders. The strong performance in Q2 FY27 sets a positive tone for the rest of the financial year.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Bank of India

Bank of India belongs to the Financial Services › Banks – Regional sector. Here’s a quick read on where the business and the stock stand today.

Bank trades in the lower quarter of its 52-week range. The PEG of 0.13 is extremely low. Either the market misses the growth story, or there is a catch worth investigating. Industry-leading margins of 35.0% reflect exceptional pricing power and operational efficiency. The stock sits at 18% of its 52-week range, close to annual lows. Historically, value investors build positions at these levels — though cheap stocks can stay cheap. Revenue grows at 7.3% and profits at 39.0% CAGR, with D/E of 1.16. Meanwhile, the stock dips 7.5% in three months without any fundamental deterioration. Consequently, the stock quietly becomes cheaper relative to earnings power. For long-term investors, that is a feature. Check Fundamentals of Bank of India.

Bank of India (BANKINDIA) announced its financial results for the quarter ended 30th June 2026, showcasing significant growth across various metrics. The bank’s net profit surged by 36.23% year-on-year to ₹3,068 crore, while its global business increased by 16.57% to ₹17,55,699 crore. Moreover, the operating profit rose by 25.99% to ₹5,051 crore, reflecting robust operational efficiency.

Profitability Boost

The bank’s net interest income (NII) climbed by 12.61% to ₹6,833 crore, and non-interest income grew by 19.07% to ₹2,579 crore. These gains contributed to a notable improvement in the cost to income ratio (CIR), which decreased by 498 basis points to 46.33%.

Asset Quality Enhancement

Bank of India’s asset quality also saw significant improvements. The gross non-performing assets (NPA) ratio declined by 111 basis points to 1.81%, and the net NPA ratio improved by 24 basis points to 0.51%. These improvements are indicative of the bank’s effective credit risk management.

Notably, the Return on Equity (ROE) increased by 257 basis points to 16.12%, and the Capital Adequacy Ratio (CRAR) rose to 18.69%, ensuring the bank’s financial health and stability.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Bank of India

Bank of India belongs to the Financial Services › Banks – Regional sector. Here’s a quick read on where the business and the stock stand today.

Bank moves sideways over three months, with neither buyers nor sellers taking control. The PEG of 0.15 is extremely low. Either the market misses the growth story, or there is a catch worth investigating. D/E of 1.79 is elevated. As a result, debt servicing will compress free cash flow in a high-rate environment. The stock holds at 48% of its 52-week range with RSI at 48. In other words, neither side has a clear edge right now. Revenue grows at 7.3% and profits at 39.0%, and the dividend yield stands at 3.23%. The business is in good shape. Moreover, a stock that does not move despite strong fundamentals often offers better value than one already priced for perfection. Check Fundamentals of Bank of India.

Bank of India (BANKINDIA) neared resistance, gaining +5% to ₹146.18 on the NSE on 10 Jul 2026. The move comes as the stock tests its 6M resistance trendline, which is currently at ₹148, just 1.6% above today’s price. This regional bank is part of the financial services sector, and today’s move appears to be driven by technical factors rather than sector-wide momentum.

Technical setup — trendlines & DMA

Currently, Bank of India is approaching its 6M resistance trendline at ₹148, which is 1.6% above today’s price. The 6M support trendline stands at ₹139.56, which is 4.53% below the current price. The 50-DMA is at ₹142.3, while the 200-DMA is at ₹146.8, indicating a bearish trend as the 50-DMA is below the 200-DMA. The stock is trading in the middle third of its 52W range, suggesting that a significant portion of potential upside may already be priced in.

Fundamentals & business context

With a PE of 5.8 and profit margins at 31.9%, Bank of India appears to be undervalued relative to its earnings quality. The revenue CAGR of 7.3% and profit CAGR of 39.0% indicate solid growth, though the market may not yet be fully pricing in this potential. Institutional ownership at 14.4% suggests that smart money views the stock favorably, though not overwhelmingly so. There was no NSE catalyst today, making the move primarily technical in nature.

Algorithmic scorecard

The overall algorithmic scorecard for Bank of India reflects a balanced view, with strong fundamental signals offset by weaker technical indicators. The strongest fundamental signals include the excellent profit CAGR of 39.0% and the undervalued PEG ratio of 0.15, suggesting robust growth and attractive valuation. On the technical side, the bearish trend indicated by the 50-DMA below the 200-DMA and the breakdown below support levels are the weakest signals, pointing to near-term technical challenges.

Company outlook

Management provided forward guidance indicating global advances growth of 15-16% and global deposit growth of 13-14% for FY27. They aim to drive growth in high-yielding advances to support margins and target a NIM of 2.70% for the year, aiming for 2.80% by March 27. Recovery from written-off accounts is expected to be between ₹2,500 to ₹3,000 crores in FY27, with a target CASA of around ₹3.30 lakh crores. Initiatives include the launch of Bharat Connect Biller Operating Services and a reduction in fresh slippages to ₹4,000 crores.

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