BSE:542867

Stock Analysis Report

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Executive Summary

CSB Bank Limited provides various banking products and services for small and medium enterprises, retail, and NRI customers in India. More Details


Snowflake Analysis

Excellent balance sheet with proven track record.


Similar Companies

Share Price & News

How has CSB Bank's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 542867 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-0.9%

542867

-2.4%

IN Banks

-1.6%

IN Market


1 Year Return

n/a

542867

-26.3%

IN Banks

-2.2%

IN Market

Return vs Industry: Insufficient data to determine how 542867 performed against the Indian Banks industry.

Return vs Market: Insufficient data to determine how 542867 performed against the Indian Market.


Shareholder returns

542867IndustryMarket
7 Day-0.9%-2.4%-1.6%
30 Day1.6%9.7%1.7%
90 Day21.1%7.9%6.2%
1 Yearn/a-26.3%-26.3%-0.4%-2.2%
3 Yearn/a-41.3%-41.9%-4.4%-9.0%
5 Yearn/a-11.7%-13.6%40.4%29.8%

Price Volatility Vs. Market

How volatile is CSB Bank's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is CSB Bank undervalued compared to its fair value and its price relative to the market?

43.94x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 542867's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 542867's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 542867 is poor value based on its PE Ratio (43.9x) compared to the IN Banks industry average (14.6x).

PE vs Market: 542867 is poor value based on its PE Ratio (43.9x) compared to the Indian market (16x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 542867's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 542867 is overvalued based on its PB Ratio (1.9x) compared to the IN Banks industry average (0.6x).


Next Steps

Future Growth

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

20.9%

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 CSB 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

Past Performance

How has CSB Bank performed over the past 5 years?

26.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 542867 has a high level of non-cash earnings.

Growing Profit Margin: 542867's current net profit margins (13.7%) are higher than last year (3%).


Past Earnings Growth Analysis

Earnings Trend: 542867 has become profitable over the past 5 years, growing earnings by 26.7% per year.

Accelerating Growth: 542867's earnings growth over the past year (370.5%) exceeds its 5-year average (26.7% per year).

Earnings vs Industry: 542867 earnings growth over the past year (370.5%) exceeded the Banks industry 4.6%.


Return on Equity

High ROE: 542867's Return on Equity (4.4%) is considered low.


Next Steps

Financial Health

How is CSB 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: 542867's Assets to Equity ratio (10.6x) is moderate.

Allowance for Bad Loans: 542867 has a sufficient allowance for bad loans (213%).

Low Risk Liabilities: 87% of 542867's liabilities are made up of primarily low risk sources of funding.

Loan Level: 542867 has an appropriate level of Loans to Assets ratio (57%).

Low Risk Deposits: 542867's Loans to Deposits ratio (72%) is appropriate.

Level of Bad Loans: 542867 has a high level of bad loans (3.1%).


Next Steps

Dividend

What is CSB Bank current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 542867's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 542867'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 542867's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 542867's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 542867'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?

1.2yrs

Average management tenure


CEO

Chinna Rajendran (65 yo)

3.83yrs

Tenure

₹7,200,000

Compensation

Shri. Chinna Veerappan Rajendran, M.Com., Icwa (Inter), Caiib has been the Chief Executive Officer, Managing Director and Director at CSB Bank Ltd. (formerly, Catholic Syrian Bank Ltd.) since November 24, ...


CEO Compensation Analysis

Compensation vs Market: Chinna's total compensation ($USD96.75K) is below average for companies of similar size in the Indian market ($USD374.52K).

Compensation vs Earnings: Chinna's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Chinna Rajendran
MD, CEO & Director3.83yrs₹7.20mno data
B. Divakara
Chief Financial Officer0.58yr₹12.03mno data
Harsh Kumar
Chief Human Resource Officer1.17yrs₹4.90mno data
Arvind Sharma
Chief Risk Officer1.17yrs₹2.27mno data
Sijo Varghese
Company Secretaryno data₹1.58mno data
Pralay Mondal
President of Retail0.083yrno datano data
P. Antony
General Manager of Accountsno data₹1.93m0.00031%
₹ 120.7k
Vuppala Rao
Chief Technology Officer1.25yrsno datano data
Vincy Pallissery
Chief Compliance Officer1.75yrsno data0.00012%
₹ 46.7k
C. Valsa
Chief Law Officerno datano datano data
Jebin Kalliath
Head of Marketing & Brand Strategyno datano datano data
V. Ganesan
Head of Recovery & Credit Monitoringno datano data0.00087%
₹ 338.6k

1.2yrs

Average Tenure

55yo

Average Age

Experienced Management: 542867's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Chinna Rajendran
MD, CEO & Director3.83yrs₹7.20mno data
Bhama Krishnamurthy
Non-Executive Independent Director2.08yrs₹1.72mno data
Madhavan Menon
Non-Executive Director2.08yrsno datano data
Sumit Maheshwari
Non-Executive Non-Independent Director2.08yrsno datano data
Madhavan Aravamuthan
Independent Part-Time Chairman0.17yr₹1.06mno data
Syed Nagoor Jinnah
Non-Executive Independent Director1.58yrs₹990.00kno data
Sharmila Karve
Additional Independent Director0.25yrno datano data

2.1yrs

Average Tenure

65yo

Average Age

Experienced Board: 542867's board of directors are not considered experienced ( 2.1 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.


Ownership Breakdown

Dilution of Shares: 542867 only recently listed within the past 12 months.


Top Shareholders

Company Information

CSB Bank Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: CSB Bank Limited
  • Ticker: 542867
  • Exchange: BSE
  • Founded: 1920
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: ₹38.923b
  • Shares outstanding: 173.46m
  • Website: https://www.csb.co.in

Number of Employees


Location

  • CSB Bank Limited
  • CSB Bhavan
  • St. Mary's College Road
  • Thrissur
  • Kerala
  • 680020
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
542867BSE (Mumbai Stock Exchange)YesEquity SharesININRDec 2019
CSBBANKNSEI (National Stock Exchange of India)YesEquity SharesININRDec 2019

Biography

CSB Bank Limited provides various banking products and services for small and medium enterprises, retail, and NRI customers in India. It operates in four segments: Treasury, Corporate/Wholesale Banking, Re ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/30 12:30
End of Day Share Price2020/10/30 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


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.