Indian Overseas Bank
Market Cap
₹183.9b
Last Updated
2020/11/26 12:16 UTC
Data Sources
Company Financials
Executive Summary
Indian Overseas Bank provides various banking products and services. More Details
Snowflake Analysis
Adequate balance sheet with weak fundamentals.
Similar Companies
Share Price & News
How has Indian Overseas Bank's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 532388 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 532388's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
17.0%
532388
-1.1%
IN Banks
0.3%
IN Market
1 Year Return
2.8%
532388
-14.7%
IN Banks
7.0%
IN Market
Return vs Industry: 532388 exceeded the Indian Banks industry which returned -14.7% over the past year.
Return vs Market: 532388 underperformed the Indian Market which returned 7% over the past year.
Shareholder returns
| 532388 | Industry | Market | |
|---|---|---|---|
| 7 Day | 17.0% | -1.1% | 0.3% |
| 30 Day | 18.0% | 19.3% | 9.0% |
| 90 Day | -0.2% | 20.1% | 8.8% |
| 1 Year | 2.8%2.8% | -14.7%-14.7% | 8.9%7.0% |
| 3 Year | -54.4%-54.4% | -28.2%-28.9% | 5.1%0.009% |
| 5 Year | -65.9%-65.9% | 5.8%3.5% | 51.8%40.4% |
Long-Term Price Volatility Vs. Market
How volatile is Indian Overseas Bank's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 years ago | Simply Wall St
Best Growth Stock in JuneValuation
Is Indian Overseas Bank undervalued compared to its fair value and its price relative to the market?
1.1x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 532388's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 532388's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 532388 is unprofitable, so we can't compare its PE Ratio to the IN Banks industry average.
PE vs Market: 532388 is unprofitable, so we can't compare its PE Ratio to the Indian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 532388's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 532388 is overvalued based on its PB Ratio (1.1x) compared to the IN Banks industry average (0.8x).
Next Steps
Future Growth
How is Indian Overseas Bank forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
19.8%
Forecasted Banks industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Indian Overseas Bank has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine Indian Overseas Bank's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Indian Overseas Bank competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Banks industry.
Past Performance
How has Indian Overseas Bank performed over the past 5 years?
-22.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 532388 is currently unprofitable.
Growing Profit Margin: 532388 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 532388 is unprofitable, and losses have increased over the past 5 years at a rate of 22.9% per year.
Accelerating Growth: Unable to compare 532388's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 532388 is unprofitable, making it difficult to compare its past year earnings growth to the Banks industry (-1.6%).
Return on Equity
High ROE: 532388 has a negative Return on Equity (-34.51%), as it is currently unprofitable.
Next Steps
Financial Health
How is Indian Overseas Bank's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: 532388's Assets to Equity ratio (19.2x) is moderate.
Allowance for Bad Loans: Insufficient data to determine if 532388 has a sufficient allowance for bad loans.
Low Risk Liabilities: 77% of 532388's liabilities are made up of primarily low risk sources of funding.
Loan Level: 532388 has an appropriate level of Loans to Assets ratio (39%).
Low Risk Deposits: 532388's Loans to Deposits ratio (54%) is appropriate.
Level of Bad Loans: 532388 has a high level of bad loans (14.4%).
Next Steps
Dividend
What is Indian Overseas Bank current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 532388's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 532388's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 532388's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 532388's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 532388 is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 532388's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.0yrs
Average management tenure
CEO
Partha Sengupta (57 yo)
0.33
Tenure
Mr. Partha Pratim Sengupta has been Managing Director, Chief Executive Officer and Director at Indian Overseas Bank since July 23, 2020. Mr. Sengupta served as Deputy Managing Director & Chief Credit Offic...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 0.33yr | no data | no data | |
| CFO & GM | 0.92yr | no data | no data | |
| Company Secretary | 1.17yrs | no data | no data | |
| Principal of Staff Training College | 9.5yrs | no data | no data | |
| Chief Regional Manager of Kochi Operations | 9.5yrs | no data | no data | |
| Chief Manager | no data | no data | no data | |
| Chief Manager | no data | no data | no data | |
| Chief Manager | no data | no data | no data | |
| Chief Manager | no data | no data | no data | |
| Chief Manager | no data | no data | no data | |
| Executive Director | 3.08yrs | ₹2.58m | 0.00011% ₹ 202.3k | |
| GM & Chief Risk Officer | 0.42yr | no data | no data |
1.0yrs
Average Tenure
57.5yo
Average Age
Experienced Management: 532388's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 0.33yr | no data | no data | |
| Executive Director | 3.08yrs | ₹2.58m | 0.00011% ₹ 202.3k | |
| Shareholder Director | 2.92yrs | no data | 0% ₹ 0 | |
| Government Nominee Director | 4.33yrs | no data | no data | |
| Shareholder Director | 2.92yrs | no data | 0% ₹ 0 | |
| Director | 1.17yrs | no data | no data |
2.9yrs
Average Tenure
56.5yo
Average Age
Experienced Board: 532388's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 79.8%.
Top Shareholders
Company Information
Indian Overseas Bank's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Indian Overseas Bank
- Ticker: 532388
- Exchange: BSE
- Founded: 1937
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: ₹183.930b
- Shares outstanding: 16.44b
- Website: https://www.iob.in
Number of Employees
Location
- Indian Overseas Bank
- 763 Anna Salai
- Chennai
- Tamil Nadu
- 600002
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 532388 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Dec 2000 |
| IOB | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Dec 2000 |
Biography
Indian Overseas Bank provides various banking products and services. The company operates through Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations segments. It offers sav...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/26 12:16 |
| End of Day Share Price | 2020/11/26 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.