The Karnataka Bank Limited provides business and personal banking products and services in India.
Adequate balance sheet and fair value.
Share Price & News
How has Karnataka Bank's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 532652 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 532652 underperformed the Indian Banks industry which returned 8.1% over the past year.
Return vs Market: 532652 underperformed the Indian Market which returned 9.5% over the past year.
Price Volatility Vs. Market
How volatile is Karnataka Bank's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Karnataka Bank undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 532652 (₹76.35) is trading above our estimate of fair value (₹38.18)
Significantly Below Fair Value: 532652 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 532652 is good value based on its PE Ratio (4.8x) compared to the Banks industry average (18.1x).
PE vs Market: 532652 is good value based on its PE Ratio (4.8x) compared to the Indian market (13.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 532652's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 532652 is good value based on its PB Ratio (0.4x) compared to the IN Banks industry average (0.6x).
How is Karnataka Bank forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Karnataka 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.
- Examine whether Karnataka Bank is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Karnataka Bank competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Banks industry.
How has Karnataka Bank performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 532652 has high quality earnings.
Growing Profit Margin: 532652's current net profit margins (20.9%) are lower than last year (23.6%).
Past Earnings Growth Analysis
Earnings Trend: 532652's earnings have grown by 0.7% per year over the past 5 years.
Accelerating Growth: 532652's earnings growth over the past year (9.3%) exceeds its 5-year average (0.7% per year).
Earnings vs Industry: 532652 earnings growth over the past year (9.3%) underperformed the Banks industry 25.5%.
Return on Equity
High ROE: 532652's Return on Equity (7.8%) is considered low.
Return on Assets
Return on Capital Employed
How is Karnataka Bank's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: 532652 has a low level of unsold assets or inventory.
Debt Coverage by Assets: 532652's debt is covered by short term assets (assets are 1.6x debt).
Financial Institutions Analysis
Asset Level: 532652's level of assets compared to its equity is moderate.
Allowance for Bad Loans: Insufficient data to determine if 532652 has a sufficient allowance for bad loans.
Low Risk Liabilities: 532652's liabilities are made up of primarily low risk sources of funding.
Loan Level: 532652 has an acceptable proportion of non-loan assets held.
Low Risk Deposits: 532652's loans are broadly funded by customer deposits.
Level of Bad Loans: 532652 has a high level of bad loans (4.85%)
What is Karnataka Bank's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 532652's dividend (4.59%) is higher than the bottom 25% of dividend payers in the Indian market (0.59%).
High Dividend: 532652's dividend (4.59%) is in the top 25% of dividend payers in the Indian market (2.58%)
Stability and Growth of Payments
Stable Dividend: 532652's dividend payments have been volatile in the past 10 years.
Growing Dividend: 532652's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (22.2%), 532652's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
M. Mahabaleshwara Bhat (60yo)
Mr. Mahabaleshwara M. S. has over 32 years of banking experience both at operational and administrative levels. He holds M.Sc.(Agri) with specialization in Agronomy, from the University of Agricultural Sci ...
CEO Compensation Analysis
Compensation vs Market: M.'s total compensation ($USD98.92K) is below average for companies of similar size in the Indian market ($USD302.42K).
Compensation vs Earnings: M.'s compensation has been consistent with company performance over the past year.
|MD, CEO & Director||2.8yrs||₹7.11m||0.0055% ₹1.2m|
|Chief GM & COO||0.8yrs||no data||0.0014% ₹312.5k|
|Compliance Officer & Company Secretary||2.8yrs||no data||0.000040% ₹8.6k|
|Chief Financial Officer||0.8yrs||no data||no data|
|Deputy GM & CTO||0yrs||no data||no data|
|Legal Adviser||0yrs||no data||no data|
|Assistant GM of Public Relations||0yrs||no data||no data|
|General Manager||0yrs||no data||no data|
|General Manager||2.3yrs||no data||no data|
|General Manager||0yrs||no data||no data|
Experienced Management: 532652's management team is considered experienced (2.3 years average tenure).
|MD, CEO & Director||2.8yrs||₹7.11m||0.0055% ₹1.2m|
|Independent Director||4yrs||₹2.69m||0.0026% ₹551.7k|
|Part Time Non-Executive Chairman of the Board||2.8yrs||₹3.97m||0.0021% ₹456.8k|
|Independent Director||3.2yrs||₹810.00k||0.0063% ₹1.3m|
|Independent Director||7.4yrs||₹1.52m||0.0032% ₹685.3k|
|Independent Director||6.3yrs||₹2.19m||0.00013% ₹28.0k|
|Independent Director||1.9yrs||₹1.77m||0.000050% ₹10.8k|
|Independent Director||4yrs||₹1.39m||0.0035% ₹762.8k|
|Additional Non-Executive Non-Independent Director||0.5yrs||no data||no data|
Experienced Board: 532652's board of directors are considered experienced (3.2 years average tenure).
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 10.2%.
The Karnataka Bank Limited's company bio, employee growth, exchange listings and data sources
- Name: The Karnataka Bank Limited
- Ticker: 532652
- Exchange: BSE
- Founded: 1924
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: ₹21.549b
- Shares outstanding: 282.61m
- Website: https://www.karnatakabank.com
Number of Employees
- The Karnataka Bank Limited
- Mahaveera Circle
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|532652||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||May 2000|
|KTKBANK||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||May 2000|
The Karnataka Bank Limited provides business and personal banking products and services in India. It operates in four segments: Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. The company savings and current accounts; fixed, cash certificate, and recurring deposits; and non-resident rupee, ordinary non-resident, foreign currency, and resident foreign currency accounts, as well as NRI priority banking services. It also provides loan products, including vehicle, home, education, personal, MSME, mortgage, women entrepreneur, gold, and other loans, as well as loans against property and fixed deposits. In addition, the company offers debit, credit, gift, deposit only, image, and travel cards; life, general, and health insurance products; investment products; remittance and other services; and forex services comprising pre and post-shipment, export collection bills, export LC advising, inward remittance facility, import letter of credit, import bill collection, buyer’s credit, and outward remittances. Further, it provides point of sale service for merchant's payment solutions; and KBL e-COLLECT, a fee payment processing platform, which enables the institution to offer parents and students a way to pay their fees through a range of payment options. Additionally, the company offers various loans for agriculture; and other services, such as Internet banking, mutual funds, demat and online trading services, locker facility, and funds transfer services. As of December 30, 2019, the company operated through a network of 848 branches. The Karnataka Bank Limited was founded in 1924 and is headquartered in Mangalore, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/22 12:35|
|End of Day Share Price||2020/02/20 00:00|
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.