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Central Bank of India

NSEI:CENTRALBK
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CENTRALBK
NSEI
₹116B
Market Cap
  1. Home
  2. IN
  3. Banks
Company description

Central Bank of India operates as a commercial bank in India. The last earnings update was 288 days ago. More info.


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CENTRALBK Share Price and Events
7 Day Returns
1.6%
NSEI:CENTRALBK
3.1%
IN Banks
0.5%
IN Market
1 Year Returns
-52.6%
NSEI:CENTRALBK
16.2%
IN Banks
2.7%
IN Market
CENTRALBK Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Central Bank of India (CENTRALBK) 1.6% 15.8% -3.4% -52.6% -52.7% -29.8%
IN Banks 3.1% 12.4% 8.3% 16.2% 59.6% 74.3%
IN Market 0.5% 9.2% 3.4% 2.7% 43.6% 79%
1 Year Return vs Industry and Market
  • CENTRALBK underperformed the Banks industry which returned 16.2% over the past year.
  • CENTRALBK underperformed the Market in India which returned 2.7% over the past year.
Price Volatility
CENTRALBK
Industry
5yr Volatility vs Market

Value

 Is Central Bank of India 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 Central Bank of India. This is due to cash flow or dividend data being unavailable. The share price is ₹34.45.
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 Central Bank of India's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Central Bank of India's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:CENTRALBK PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-03-31) in INR ₹-26.52
BSE:532885 Share Price ** BSE (2019-03-20) in INR ₹33.5
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 Central Bank of India.

NSEI:CENTRALBK PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:532885 Share Price ÷ EPS (both in INR)

= 33.5 ÷ -26.52

-1.26x

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

  • Central Bank of India is loss making, we can't compare its value to the IN Banks industry average.
  • Central Bank of India is loss making, we can't compare the value of its earnings to the India market.
Price based on expected Growth
Does Central Bank of India's expected growth come at a high price?
Raw Data
NSEI:CENTRALBK PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.26x
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 595 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 Central Bank of India, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Central Bank of India's assets?
Raw Data
NSEI:CENTRALBK PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-03-31) in INR ₹69.55
BSE:532885 Share Price * BSE (2019-03-20) in INR ₹33.5
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
NSEI:CENTRALBK PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:532885 Share Price ÷ Book Value per Share (both in INR)

= 33.5 ÷ 69.55

0.48x

* Primary Listing of Central Bank of India.

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

  • Central Bank of India is good value based on assets compared to the IN Banks industry average.
X
Value checks
We assess Central Bank of India'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. Central Bank of India 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 Central Bank of India 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 Central Bank of India 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 Central Bank of India expected to grow at an attractive rate?
  • Unable to compare Central Bank of India's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Central Bank of India's earnings growth to the India market average as no estimate data is available.
  • Unable to compare Central Bank of India's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NSEI:CENTRALBK 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%
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
NSEI:CENTRALBK Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (11 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.
NSEI:CENTRALBK Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-03-31 13,301 -424,217 -51,396
2017-03-31 39,365 312,478 -24,594
2016-03-31 52,706 -104,634 -13,964

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Central Bank of India is high growth as no earnings estimate data is available.
  • Unable to determine if Central Bank of India 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
NSEI:CENTRALBK Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (11 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Central Bank of India Company Filings, last reported 11 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:CENTRALBK Past Financials Data
Date (Data in INR Millions) EPS *
2018-03-31 -26.52
2017-03-31 -13.46
2016-03-31 -8.42

*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 Central Bank of India will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Central Bank of India'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. Central Bank of India'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. Central Bank of India'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 Central Bank of India'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.
Central Bank of India 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 Central Bank of India performed over the past 5 years?

  • Central Bank of India's last earnings update was 288 days ago.
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 Central Bank of India'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.
  • Central Bank of India does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Central Bank of India's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Central Bank of India's 1-year growth to the IN Banks industry average as it is not currently profitable.
Earnings and Revenue History
Central Bank of India'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 Central Bank of India Company Filings, last reported 11 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:CENTRALBK Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-03-31 13,301.30 -51,396.03 53,649.69
2017-03-31 39,364.69 -24,593.61 55,505.33
2016-03-31 52,705.97 -13,963.65 56,503.81
2015-03-31 62,133.74 6,660.59 49,344.27
2014-03-31 50,548.19 -12,133.72 44,467.47
2013-03-31 52,700.96 8,913.10 36,991.10
2012-03-31 43,021.06 4,639.20 32,926.19

*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 Central Bank of India has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Central Bank of India 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 Central Bank of India 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 Central Bank of India'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.
Central Bank of India 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 Central Bank of India'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 Central Bank of India'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 Central Bank of India Company Filings, last reported 11 months ago.

NSEI:CENTRALBK Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-03-31 182,502.70 60,256.82 47,679.79
2017-03-31 182,460.51 96,233.04 54,776.24
2016-03-31 185,426.41 95,031.18 31,586.03
2015-03-31 177,676.99 260,985.87 29,869.81
2014-03-31 160,410.17 221,365.55 123,863.16
2013-03-31 155,655.76 183,952.89 22,901.44
2012-03-31 126,868.29 129,185.96 26,801.25
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.
  • Central Bank of India has an acceptable proportion of non-loan assets held.
  • Central Bank of India's liabilities are made up of primarily low risk sources of funding.
  • Loans at Central Bank of India are broadly funded by customer deposits.
  • Central Bank of India's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).
  • Unable to establish if Central Bank of India has a sufficient allowance for bad loans without relevant financial data.
  • Central Bank of India has a high level of bad loans (greater than 2%).
X
Financial health checks
We assess Central Bank of India'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. Central Bank of India 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 Central Bank of India'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 Central Bank of India dividends.
If you bought ₹2,000 of Central Bank of India 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 Central Bank of India's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Central Bank of India'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
NSEI:CENTRALBK 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.

NSEI:CENTRALBK Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2016-05-27 0.000 0.000
2015-06-09 0.500 0.659
2014-06-09 0.000 0.000
2013-05-31 2.500 4.662
2012-05-25 2.000 2.689
2012-05-24 2.000 2.682
2011-08-05 5.000 5.405
2010-10-29 2.000 1.361
2010-05-24 2.200 1.301
2009-06-01 2.000 1.599

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

  • Unable to perform a dividend volatility check as Central Bank of India has not reported any payouts.
  • Unable to verify if Central Bank of India's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Central Bank of India's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Central Bank of India 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 Central Bank of India'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 Central Bank of India afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Central Bank of India 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 Central Bank of India'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
Pallav Mohapatra
AGE 57
TENURE AS CEO 0.5 years
CEO Bio

Mr. Pallav Mohapatra has been Chief Executive Officer and Managing Director of Central Bank of India since September 2018. Mr. Mohapatra served as Deputy Managing Director of Stressed Assets Resolution Group at State Bank of India until September 2018 and also served as its Ex-Officio Chief General Manager of Delhi. He served as the Chief Executive Officer of SBI Cards and Payment Services Private Limited until 2014.

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

Pikkili Murthy

TITLE
Executive Director
AGE
54

Bajrang Shekhawat

TITLE
Executive Director
AGE
56

Pallav Mohapatra

TITLE
MD & CEO
AGE
57
TENURE
0.5 yrs

Bijendra Singhal

TITLE
GM & CFO
AGE
58

P. Raveendran

TITLE
General Manager of Accounts and Operations

S. Dhal

TITLE
Board Secretary

Anand Das

TITLE
Assistant GM-MBD
TENURE
8.1 yrs

H. Vesuna

TITLE
Chief General Manager
COMPENSATION
₹460K

Alok Srivastava

TITLE
Executive Director
AGE
56

R. Vadivelu

TITLE
General Manager
COMPENSATION
₹480K
AGE
69
Board of Directors Tenure

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

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

Tapan Ray

TITLE
Chairman
AGE
60
TENURE
0.8 yrs

Pikkili Murthy

TITLE
Executive Director
AGE
54
TENURE
2.1 yrs

Bajrang Shekhawat

TITLE
Executive Director
AGE
56
TENURE
1.4 yrs

Pallav Mohapatra

TITLE
MD & CEO
AGE
57

Alok Srivastava

TITLE
Executive Director
AGE
56
TENURE
0.2 yrs

N. Nityananda

TITLE
Part-Time Non-Official Director
AGE
63
TENURE
2.8 yrs

Shekhar Bhatnagar

TITLE
RBI Nominee Director
AGE
60
TENURE
5 yrs

- Atmanand

TITLE
Part Time Non Official Director
AGE
59
TENURE
1.3 yrs

Bhushan Sinha

TITLE
Government of India Nominee Director
TENURE
0.8 yrs

Mini Ipe

TITLE
Shareholder Director
TENURE
0.7 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 Central Bank of India'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. Central Bank of India 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

Financial Metrics For Central Bank of India (NSE:CENTRALBK)

Central Bank of India’s (NSE:CENTRALBK) profitability and risk are largely affected by the underlying economic growth for the region it operates in IN given it is a small-cap stock with a market capitalisation of ₹92b. … These reforms target banking regulations and intends to enhance financial institutions’ ability to absorb shocks resulting from economic stress which could expose banks like Central Bank of India to vulnerabilities. … High liquidity and low leverage could position Central Bank of India favourably at the face of macro headwinds.

Simply Wall St -

Three Understated Metrics For Central Bank of India (NSE:CENTRALBK) You Should Know

Central Bank of India’s (NSE:CENTRALBK) profitability and risk are largely affected by the underlying economic growth for the region it operates in IN given it is a small-cap stock with a market capitalisation of ₹182.22b. … These reforms target banking regulations and intends to enhance financial institutions’ ability to absorb shocks resulting from economic stress which could expose banks like Central Bank of India to vulnerabilities. … Unpredictable macro events such as political instability could weaken its financial position which is why it is important to understand how well the bank manages its risk levels.

Simply Wall St -

Should You Be Concerned With Central Bank of India's (NSE:CENTRALBK) -76.13% Earnings Drop?

Today I will take a look at Central Bank of India's (NSEI:CENTRALBK) most recent earnings update (31 March 2017) and compare these latest figures against its performance over the past few years, as well as how the rest of the banks industry performed. … For Central Bank of India, its most recent trailing-twelve-month earnings is -₹24.59B, which, against the prior year's level, has become more negative. … NSEI:CENTRALBK Income Statement Apr 30th 18 We can further assess Central Bank of India's loss by looking at what the industry has been experiencing over the past few years.

Simply Wall St -

Financial Metrics For Central Bank of India (NSE:CENTRALBK)

View our latest analysis for Central Bank of India NSEI:CENTRALBK Historical Debt Apr 11th 18 Is CENTRALBK's Leverage Level Appropriate? … Relative to the prudent industry loan to deposit level of 90%, Central Bank of India’s ratio of over 47.25% is markedly lower, which means the bank is lending out less than its total level of deposits and positions the bank cautiously in terms of liquidity as it has not disproportionately lent out its deposits and has retained an apt level of deposits. … Given the large headroom for growth in loans, the bank has opportunity to grow its interest income.Next Steps: Central Bank of India passes all of our liquidity and leverage checks which shows it is prudent in managing those factors.

Simply Wall St -

Central Bank of India (NSE:CENTRALBK): Risks You Need To Consider Before Buying

Generally, an investor should consider two types of risk that impact the market value of CENTRALBK. … Every stock in the market is exposed to this risk, which arises from macroeconomic factors such as economic growth and geo-political tussles just to name a few. … A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one.

Simply Wall St -

Financial Stocks: Is Now The Time To Buy Central Bank of India (NSE:CENTRALBK)?

Check out our latest analysis for Central Bank of India What’s the catalyst for Central Bank of India's sector growth? … As the company trails the rest of the industry in terms of growth, Central Bank of India may also be a cheaper stock relative to its peers. … If your initial investment thesis is around the growth prospects of Central Bank of India, there are other banking companies that have delivered higher growth, and perhaps trading at a discount to the industry average.

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Interested In Central Bank of India (NSE:CENTRALBK)? Here's How It's Performing

After reading Central Bank of India's (NSEI:CENTRALBK) latest earnings update (31 March 2017), I found it beneficial to look back at how the company has performed in the past and compare this against the most recent numbers. … Check out our latest analysis for Central Bank of India How Did CENTRALBK's Recent Performance Stack Up Against Its Past? … For Central Bank of India, its most recent trailing-twelve-month earnings is -₹24,593.6M, which, against last year’s figure, has become more negative.

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Understated Factors You Should Consider Before Investing In Central Bank of India (NSE:CENTRALBK)

High liquidity and low leverage could position Central Bank of India favourably at the face of macro headwinds. … See our latest analysis for Central Bank of India NSEI:CENTRALBK Historical Debt Dec 26th 17 Is CENTRALBK's Leverage Level Appropriate? … Compared to the appropriate industry loan to deposit level of 90%, Central Bank of India’s ratio of over 47.24%is noticeably lower, which means the bank is lending out less than its total level of deposits and positions the bank cautiously in terms of liquidity as it has not disproportionately lent out its deposits and has retained an apt level of deposits.

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Company Info

Description

Central Bank of India operates as a commercial bank in India. It offers deposit products, which include savings and current accounts, time deposits, fixed deposits, and recurring deposit schemes; and loans, including housing, vehicle, property, personal, senior citizens, education, corporate mortgage and rental, and agricultural, as well as micro small and medium enterprises loans. The company also provides credit, debit, and prepaid/gift cards, as well as cash management, mutual funds, depository, payments, mobile and Internet banking, and ATM services. In addition, it offers investment banking services, such as debt syndication, financial modeling and valuation, merger and acquisition advisory, corporate restructuring, equity products, equity research, and wealth and portfolio management, as well as trusteeship services. Further, the company sells and distributes life and general insurance products, including unit linked, whole life, children, money back, endowment, pension, health, fire, burglary, engineering, motor, rural, overseas mediclaim, package, travel, liability, individual mediclaim, and group insurance products. As of March 31, 2018, it operated through a network of 4,685 branches; 4,886 ATMs; 10 satellite offices; and 1 extension counter. The company was founded in 1911 and is headquartered in Mumbai, India.

Details
Name: Central Bank of India
CENTRALBK
Exchange: NSEI
Founded: 1911
₹115,582,387,156
3,359,953,115
Website: http://www.centralbankofindia.co.in
Address: Central Bank of India
Chandermukhi,
9th Floor,
Mumbai,
Maharashtra, 400021,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 532885 Equity Shares Mumbai Stock Exchange IN INR 21. Aug 2007
NSEI CENTRALBK Equity Shares National Stock Exchange of India IN INR 21. Aug 2007
Number of employees
Current staff
Staff numbers
0
Central Bank of India employees.
Industry
Diversified Banks
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/22 12:50
End of day share price update: 2019/03/20 00:00
Last earnings filing: 2018/06/07
Last earnings reported: 2018/03/31
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.