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UCO Bank

BSE:532505
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
532505
BSE
₹101B
Market Cap
  1. Home
  2. IN
  3. Banks
Company description

UCO Bank operates as a commercial bank in India. The last earnings update was 41 days ago. More info.


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532505 Share Price and Events
7 Day Returns
-1.3%
BSE:532505
3.1%
IN Banks
0.4%
IN Market
1 Year Returns
-17.8%
BSE:532505
15.6%
IN Banks
2%
IN Market
532505 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
UCO Bank (532505) -1.3% 9.1% -9% -17.8% -50.8% -73.5%
IN Banks 3.1% 12.7% 7% 15.6% 59.7% 77.2%
IN Market 0.4% 9.1% 1.8% 2% 43.6% 80.4%
1 Year Return vs Industry and Market
  • 532505 underperformed the Banks industry which returned 15.6% over the past year.
  • 532505 underperformed the Market in India which returned 2% over the past year.
Price Volatility
532505
Industry
5yr Volatility vs Market

Value

 Is UCO Bank undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for UCO Bank. This is due to cash flow or dividend data being unavailable. The share price is ₹18.65.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for UCO Bank's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are UCO Bank's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:532505 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in INR ₹-15.27
BSE:532505 Share Price ** BSE (2019-03-20) in INR ₹18.65
India Banks Industry PE Ratio Median Figure of 19 Publicly-Listed Banks Companies 20.96x
India Market PE Ratio Median Figure of 2,730 Publicly-Listed Companies 16.4x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of UCO Bank.

BSE:532505 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:532505 Share Price ÷ EPS (both in INR)

= 18.65 ÷ -15.27

-1.22x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • UCO Bank is loss making, we can't compare its value to the IN Banks industry average.
  • UCO Bank is loss making, we can't compare the value of its earnings to the India market.
Price based on expected Growth
Does UCO Bank's expected growth come at a high price?
Raw Data
BSE:532505 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.22x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
India Banks Industry PEG Ratio Median Figure of 18 Publicly-Listed Banks Companies 0.89x
India Market PEG Ratio Median Figure of 596 Publicly-Listed Companies 1.27x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for UCO Bank, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on UCO Bank's assets?
Raw Data
BSE:532505 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in INR ₹38.89
BSE:532505 Share Price * BSE (2019-03-20) in INR ₹18.65
India Banks Industry PB Ratio Median Figure of 40 Publicly-Listed Banks Companies 0.62x
India Market PB Ratio Median Figure of 3,617 Publicly-Listed Companies 1.12x
BSE:532505 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:532505 Share Price ÷ Book Value per Share (both in INR)

= 18.65 ÷ 38.89

0.48x

* Primary Listing of UCO Bank.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • UCO Bank is good value based on assets compared to the IN Banks industry average.
X
Value checks
We assess UCO Bank's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Banks industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Banks industry average (and greater than 0)? (1 check)
  5. UCO Bank has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is UCO Bank expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 UCO 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
37%
Expected Banks industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is UCO Bank expected to grow at an attractive rate?
  • Unable to compare UCO Bank's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare UCO Bank's earnings growth to the India market average as no estimate data is available.
  • Unable to compare UCO Bank's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:532505 Future Growth Rates Data Sources
Data Point Source Value (per year)
India Banks Industry Earnings Growth Rate Market Cap Weighted Average 37%
India Banks Industry Revenue Growth Rate Market Cap Weighted Average 21.1%
India Market Earnings Growth Rate Market Cap Weighted Average 18.5%
India Market Revenue Growth Rate Market Cap Weighted Average 11.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:532505 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:532505 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-12-31 -45,112 -49,034
2018-09-30 -44,796 -49,211
2018-06-30 -39,690 -44,072
2018-03-31 -39,791 103,534 -44,364
2017-12-31 -8,008 -28,902
2017-09-30 -1,863 -23,109
2017-06-30 816 -20,731
2017-03-31 3,150 19,821 -18,507
2016-12-31 -594 -29,776
2016-09-30 -12,564 -40,375
2016-06-30 -7,122 -34,965
2016-03-31 -16,192 42,404 -27,993

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if UCO Bank is high growth as no earnings estimate data is available.
  • Unable to determine if UCO Bank is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BSE:532505 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from UCO Bank Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:532505 Past Financials Data
Date (Data in INR Millions) EPS *
2018-12-31 -15.27
2018-09-30 -18.32
2018-06-30 -20.69
2018-03-31 -25.23
2017-12-31 -17.20
2017-09-30 -14.52
2017-06-30 -13.99
2017-03-31 -13.29
2016-12-31 -23.41
2016-09-30 -34.68
2016-06-30 -31.56
2016-03-31 -26.03

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if UCO Bank will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine UCO 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.
  2. UCO Bank's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Banks companies here
  3. UCO Bank's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess UCO Bank's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
UCO Bank has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has UCO Bank performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare UCO Bank's growth in the last year to its industry (Banks).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • UCO Bank does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare UCO Bank's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare UCO Bank's 1-year growth to the IN Banks industry average as it is not currently profitable.
Earnings and Revenue History
UCO Bank's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from UCO Bank Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:532505 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 -45,112.14 -49,034.19 25,603.46
2018-09-30 -44,795.84 -49,211.09 25,470.16
2018-06-30 -39,690.44 -44,072.29 25,485.06
2018-03-31 -39,791.04 -44,363.69 25,549.86
2017-12-31 -8,008.26 -28,901.97 25,396.27
2017-09-30 -1,862.86 -23,108.57 25,601.77
2017-06-30 815.54 -20,731.27 25,762.77
2017-03-31 3,149.64 -18,506.67 26,485.00
2016-12-31 -593.94 -29,776.27 25,634.91
2016-09-30 -12,564.34 -40,375.47 25,755.21
2016-06-30 -7,121.64 -34,965.17 25,372.21
2016-03-31 -16,191.64 -27,992.57 24,765.61
2015-12-31 20,555.78 -8,748.31 24,348.83
2015-09-30 41,040.88 9,257.70 23,584.83
2015-06-30 39,965.98 8,731.00 23,232.73
2015-03-31 42,376.38 11,378.00 22,948.93
2014-12-31 43,819.82 12,132.24 21,859.39
2014-09-30 41,536.12 12,241.64 21,687.69
2014-06-30 43,668.82 15,208.34 21,460.39
2014-03-31 41,632.92 15,105.44 21,238.99
2013-12-31 37,371.03 10,782.40 20,355.20
2013-09-30 34,321.13 8,661.80 19,911.00
2013-06-30 30,407.53 5,696.90 19,407.00
2013-03-31 28,233.93 4,210.40 18,963.50
2012-12-31 29,029.69 6,555.40 18,325.20
2012-09-30 31,110.59 8,856.20 18,303.90
2012-06-30 32,205.09 10,126.60 21,642.40
2012-03-31 31,275.69 9,427.30 18,323.60

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if UCO Bank has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if UCO Bank has efficiently used its assets last year compared to the IN Banks industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if UCO Bank improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess UCO Bank's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Banks industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
UCO Bank has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is UCO Bank's financial position? (This company is analysed differently as a bank or financial institution)

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of UCO Bank's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from UCO Bank Company Filings, last reported 2 months ago.

BSE:532505 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 153,532.10 71,453.70 77,547.10
2018-09-30 133,321.20 102,111.90 79,018.80
2018-06-30 143,740.80 86,088.30 81,723.60
2018-03-31 149,571.81 124,492.62 72,592.58
2017-12-31 119,058.40 84,396.90 75,515.00
2017-09-30 115,296.20 87,936.30 75,769.40
2017-06-30 127,534.71 95,349.62 99,453.64
2017-03-31 127,534.71 95,349.62 99,453.64
2016-12-31 124,240.20 77,536.40 83,337.00
2016-09-30 124,240.20 77,536.40 83,337.00
2016-06-30 125,219.53 172,404.36 111,930.80
2016-03-31 125,219.53 172,404.36 111,930.80
2015-12-31 130,087.80 71,848.60 85,610.80
2015-09-30 130,087.80 71,848.60 85,610.80
2015-06-30 125,489.55 102,525.40 144,379.29
2015-03-31 125,489.55 102,525.40 144,379.29
2014-12-31 118,852.40 123,725.80 75,598.00
2014-09-30 118,852.40 123,725.80 75,598.00
2014-06-30 112,262.89 207,182.38 75,007.72
2014-03-31 112,262.89 207,182.38 75,007.72
2013-12-31 107,704.80 66,048.90 70,813.40
2013-09-30 107,704.80 66,048.90 70,813.40
2013-06-30 96,824.14 94,924.26 70,753.23
2013-03-31 96,824.14 94,924.26 70,753.23
2012-12-31 91,318.60 66,010.20 75,852.40
2012-09-30 91,318.60 66,010.20 75,852.40
2012-06-30 86,134.33 129,014.22 61,005.60
2012-03-31 86,134.33 129,014.22 61,005.60
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • UCO Bank has an acceptable proportion of non-loan assets held.
  • UCO Bank's liabilities are made up of primarily low risk sources of funding.
  • Loans at UCO Bank are broadly funded by customer deposits.
  • UCO Bank's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).
  • Unable to establish if UCO Bank has a sufficient allowance for bad loans without relevant financial data.
  • UCO Bank has a high level of bad loans (greater than 2%).
X
Financial health checks
We assess UCO Bank's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. UCO Bank has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is UCO Bank's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from UCO Bank dividends.
If you bought ₹2,000 of UCO Bank shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate UCO Bank's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate UCO Bank's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:532505 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Banks Industry Average Dividend Yield Market Cap Weighted Average of 18 Stocks 0.5%
India Market Average Dividend Yield Market Cap Weighted Average of 1399 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 1.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BSE:532505 Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2017-01-31 0.000 0.000
2016-11-09 0.000 0.000
2016-08-09 0.000 0.000
2016-06-02 0.000 0.000
2015-06-08 2.000 4.693
2015-05-12 2.000 3.321
2014-06-10 2.000 2.470
2014-05-21 2.000 1.853
2014-01-24 4.000 5.597
2014-01-13 4.000 5.238
2013-05-29 1.600 2.411
2013-05-07 1.600 2.099
2012-08-06 3.000 4.288
2012-05-18 3.000 4.054
2012-05-07 3.000 4.443
2011-06-03 3.000 4.185
2011-04-29 3.000 3.081
2010-06-24 1.500 1.380
2009-05-08 1.000 1.922
2009-03-23 1.000 3.617

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as UCO Bank has not reported any payouts.
  • Unable to verify if UCO Bank's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of UCO Bank's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as UCO Bank has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess UCO Bank's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can UCO Bank afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. UCO Bank has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of UCO Bank's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Atul Goel
AGE 54
TENURE AS CEO 0.3 years
CEO Bio

Mr. Atul Kumar Goel has been Managing Director, Chief Executive Officer and Director of UCO Bank since November 1, 2018. He served as an Executive Director of Union Bank of India from November 15, 2016 to November 1, 2018. He holds a Bachelor Degree with Honours in Commerce and is Member of Institute of Chartered Accountants of India(ICAI). He is also a Certified Associate of Indian Institute of Bankers (CAIIB). His career in Banking began when he joined Allahabad Bank (the “Bank”) as Chartered Accountant in 1992. His twenty four years of service in the Bank saw him rise in his career with key responsibilities held in Branches, Zonal Office, Head Office covering a vast spectrum of Banking Operations. He also headed the Mumbai Zone of the Bank. As a General Manager & CFO of the Bank his portfolio included Finance & Accounts, International Banking, Treasury & Joint Venture. He was also a Director on the Board of All Bank Finance Limited, a subsidiary of the Bank. He has attended prestigious training program conducted by NIBM Pune, IMT Delhi apart from being Member of Taxation Committee in IBA. He has also undergone training program abroad conducted under aegis of CAFRAL. He served as a Director of Star Union Dai-ichi Life Ins until 2018.

CEO Compensation
  • Insufficient data for Atul to compare compensation growth.
  • Insufficient data for Atul to establish whether their remuneration is reasonable compared to companies of similar size in India.
Management Team Tenure

Average tenure of the UCO Bank management team in years:

0.3
Average Tenure
  • The average tenure for the UCO Bank management team is less than 2 years, this suggests a new team.
Management Team

Charan Singh

TITLE
Executive Director
COMPENSATION
₹4M
AGE
58

Atul Goel

TITLE
MD, CEO & Director
AGE
54
TENURE
0.3 yrs

Ram Kumar

TITLE
CFO & Deputy General Manager
TENURE
0.4 yrs

R. Ramamurthy

TITLE
GM & Chief Compliance Officer
TENURE
0.3 yrs

Thakur Negi

TITLE
General Manager of Strategic Planning
TENURE
0.2 yrs

N. Mohanty

TITLE
General Manager of Human Resource Management & Training

Dilip Mridha

TITLE
Chief Risk Officer and GM of Risk Management & Capital Raising
TENURE
0.3 yrs

Vijay Walia

TITLE
Chief Vigilance Officer

N. Purna Rao

TITLE
Company Secretary
Board of Directors Tenure

Average tenure and age of the UCO Bank board of directors in years:

1.3
Average Tenure
58
Average Age
  • The average tenure for the UCO Bank board of directors is less than 3 years, this suggests a new board.
Board of Directors

Atul Goel

TITLE
MD, CEO & Director
AGE
54
TENURE
0.3 yrs

Arvind Sharma

TITLE
Director
AGE
60
TENURE
4.1 yrs

Charan Singh

TITLE
Executive Director
COMPENSATION
₹4M
AGE
58
TENURE
4 yrs

Anil Sharma

TITLE
Part-Time Non-Official Director
AGE
64
TENURE
2.7 yrs

Amit Chatterjee

TITLE
Director
TENURE
0.2 yrs

K. Nair

TITLE
Director
AGE
56
TENURE
1.3 yrs

Asish Saha

TITLE
Part-Time Non-Official Director
AGE
64
TENURE
1.3 yrs

Anand Madhukar

TITLE
Director
AGE
46
TENURE
1.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess UCO Bank's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. UCO Bank has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

UCO Bank operates as a commercial bank in India. It accepts deposit products, such as current accounts, saving accounts, fixed deposits, recurring deposits, accounts in foreign currency, salary accounts, and fee collection accounts. The company also provides home, vehicle, mortgage, education, and personal loans; working capital financing; term loans; infrastructure finance; foreign currency loans; finance to exporters and importers; agriculture credit; and finance to micro and small enterprises. In addition, it offers debit cards and mobile banking services; and international banking services, including NRI banking, remittances, forex and treasury services, resident foreign currency deposits, and correspondent banking services to Indian customers, corporates, NRIs, overseas corporate bodies, foreign companies/individuals, and foreign banks. Further, the company provides government deposit schemes/bonds, pension payments/schemes, and tax collection services; and bancassurance products, mutual funds, and money transfer services. As of March 31, 2018, it operated 3 circle offices, 42 zones, and 3104 domestic branches, as well as 4 overseas branches, including 2 each in Singapore and Hong Kong. The company was formerly known as The United Commercial Bank Ltd. and changed its name to UCO Bank in December 1985. UCO Bank was founded in 1943 and is headquartered in Kolkata, India.

Details
Name: UCO Bank
532505
Exchange: BSE
Founded: 1943
₹101,146,376,504
5,423,398,204
Website: http://www.ucobank.com
Address: UCO Bank
10, B. T. M. Sarani,
Kolkata,
West Bengal, 700001,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 532505 Equity Shares Mumbai Stock Exchange IN INR 09. Oct 2003
NSEI UCOBANK Equity Shares National Stock Exchange of India IN INR 09. Oct 2003
Number of employees
Current staff
Staff numbers
23,943
UCO Bank employees.
Industry
Diversified Banks
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/21 12:40
End of day share price update: 2019/03/20 00:00
Last earnings filing: 2019/02/08
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.