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Corporation Bank

NSEI:CORPBANK
Snowflake Description

Mediocre balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CORPBANK
NSEI
₹72B
Market Cap
  1. Home
  2. IN
  3. Banks
Company description

Corporation Bank provides banking products and services for individuals and corporate customers in India. The last earnings update was 247 days ago. More info.


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CORPBANK Share Price and Events
7 Day Returns
-1.4%
NSEI:CORPBANK
1.3%
IN Banks
-0.4%
IN Market
1 Year Returns
-4.2%
NSEI:CORPBANK
18.4%
IN Banks
3.3%
IN Market
CORPBANK Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Corporation Bank (CORPBANK) -1.4% -5.7% -4.1% -4.2% -28.4% -46.8%
IN Banks 1.3% 10.7% 7.9% 18.4% 58.7% 68.1%
IN Market -0.4% 7.4% 2.9% 3.3% 42.8% 75.3%
1 Year Return vs Industry and Market
  • CORPBANK underperformed the Banks industry which returned 18.4% over the past year.
  • CORPBANK underperformed the Market in India which returned 3.3% over the past year.
Price Volatility
CORPBANK
Industry
5yr Volatility vs Market

CORPBANK Value

 Is Corporation 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 Corporation Bank. This is due to cash flow or dividend data being unavailable. The share price is ₹28.35.
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 Corporation Bank's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Corporation Bank's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:CORPBANK PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-03-31) in INR ₹-35.26
BSE:532179 Share Price ** BSE (2019-03-22) in INR ₹28.35
India Banks Industry PE Ratio Median Figure of 19 Publicly-Listed Banks Companies 21.69x
India Market PE Ratio Median Figure of 2,729 Publicly-Listed Companies 16.32x

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

** Primary Listing of Corporation Bank.

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

= BSE:532179 Share Price ÷ EPS (both in INR)

= 28.35 ÷ -35.26

-0.8x

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

  • Corporation Bank is loss making, we can't compare its value to the IN Banks industry average.
  • Corporation Bank is loss making, we can't compare the value of its earnings to the India market.
Price based on expected Growth
Does Corporation Bank's expected growth come at a high price?
Raw Data
NSEI:CORPBANK PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.8x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
113.5%per year
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 1.29x

*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 Corporation Bank, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Corporation Bank's assets?
Raw Data
NSEI:CORPBANK PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-03-31) in INR ₹65.37
BSE:532179 Share Price * BSE (2019-03-22) in INR ₹28.35
India Banks Industry PB Ratio Median Figure of 40 Publicly-Listed Banks Companies 0.61x
India Market PB Ratio Median Figure of 3,620 Publicly-Listed Companies 1.11x
NSEI:CORPBANK PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:532179 Share Price ÷ Book Value per Share (both in INR)

= 28.35 ÷ 65.37

0.43x

* Primary Listing of Corporation Bank.

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

  • Corporation Bank is good value based on assets compared to the IN Banks industry average.
X
Value checks
We assess Corporation 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. Corporation 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.

CORPBANK Future Performance

 How is Corporation Bank expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

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
113.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Corporation Bank expected to grow at an attractive rate?
  • Corporation Bank's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Corporation Bank's earnings growth is expected to exceed the India market average.
  • Unable to compare Corporation Bank's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NSEI:CORPBANK Future Growth Rates Data Sources
Data Point Source Value (per year)
NSEI:CORPBANK Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 113.5%
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 18.6%
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:CORPBANK Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (11 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NSEI:CORPBANK Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-03-31 3,645
2020-03-31 2,633
2019-03-31 593
NSEI:CORPBANK Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-03-31 -8,480 212,446 -40,499
2017-03-31 36,688 -58,594 5,658
2016-03-31 23,789 -31,866 -5,020

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Corporation Bank's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if Corporation 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
NSEI:CORPBANK 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 1 Analyst Estimates (S&P Global) See Below

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

NSEI:CORPBANK Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-03-31 1.44 1.44 1.44 1.00
2020-03-31 1.04 1.04 1.04 1.00
2019-03-31 0.23 0.23 0.23 1.00
NSEI:CORPBANK Past Financials Data
Date (Data in INR Millions) EPS *
2018-03-31 -35.26
2017-03-31 5.21
2016-03-31 -5.44

*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.
  • Corporation Bank is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Corporation 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.
Corporation Bank has a total score of 3/6, 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.

CORPBANK Past Performance

  How has Corporation Bank performed over the past 5 years?

  • Corporation Bank's last earnings update was 247 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 Corporation 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.
  • Corporation Bank does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Corporation Bank's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Corporation Bank's 1-year growth to the IN Banks industry average as it is not currently profitable.
Earnings and Revenue History
Corporation 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 Corporation Bank Company Filings, last reported 11 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:CORPBANK 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 -8,479.75 -40,499.32 25,696.91
2017-03-31 36,687.63 5,658.08 23,427.65
2016-03-31 23,788.73 -5,020.04 21,917.18
2015-03-31 30,989.84 5,728.73 19,120.47
2014-03-31 29,608.11 5,684.86 18,532.13
2013-03-31 34,404.49 14,432.42 15,397.33
2012-03-31 33,020.40 15,183.87 13,805.82

*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 Corporation 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 Corporation 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 Corporation 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 Corporation 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.
Corporation 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.

CORPBANK Health

 How is Corporation 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 Corporation 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 Corporation Bank Company Filings, last reported 11 months ago.

NSEI:CORPBANK Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-03-31 108,878.19 221,710.84 45,137.34
2017-03-31 127,499.01 64,681.74 130,916.61
2016-03-31 113,995.87 131,121.94 110,721.30
2015-03-31 105,137.06 104,149.04 58,825.44
2014-03-31 101,274.16 130,214.45 16,672.54
2013-03-31 96,025.15 128,988.46 52,706.54
2012-03-31 83,451.32 142,480.97 32,132.97
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.
  • Corporation Bank has an acceptable proportion of non-loan assets held.
  • Corporation Bank's liabilities are made up of primarily low risk sources of funding.
  • Loans at Corporation Bank are broadly funded by customer deposits.
  • Corporation Bank's level of assets compared to its equity is very high (i.e. bank has borrowed heavily to fund lending).
  • Unable to establish if Corporation Bank has a sufficient allowance for bad loans without relevant financial data.
  • Corporation Bank has a high level of bad loans (greater than 2%).
X
Financial health checks
We assess Corporation 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. Corporation Bank has a total score of 3/6, 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.

CORPBANK Dividends

 What is Corporation 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 Corporation Bank dividends.
If you bought ₹2,000 of Corporation 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 Corporation Bank's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Corporation 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
NSEI:CORPBANK 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 1 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:CORPBANK Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
2021-03-31
2020-03-31
2019-03-31
NSEI:CORPBANK Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2016-07-12 0.000 0.000
2016-05-18 0.000 0.000
2015-06-05 1.400 3.274
2014-06-02 0.900 1.388
2014-05-09 0.900 1.351
2014-01-23 1.800 3.491
2013-06-25 3.800 6.875
2012-05-22 4.100 5.034
2012-05-04 4.100 5.082
2011-04-29 4.000 4.550
2010-07-12 3.300 2.659
2009-04-24 3.200 3.999
2009-03-31 2.500 6.219
2009-03-24 2.100 6.077

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

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

CORPBANK Management

 What is the CEO of Corporation 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
P. Bharathi
AGE 58
TENURE AS CEO 0.1 years
CEO Bio

Mrs. P. V. Bharathi has been Chief Executive Officer, Managing Director and Executive Director of Corporation Bank since February 1, 2019. Mrs. Bharathi served as Executive Director of Canara Bank Limited since September 15, 2016 until February 01, 2019 and served as its 's General Manager in the Risk Management Wing. Mrs. Bharathi has more than 31 years of experience in the banking industry. She has served in different branches in the NCR region and also in Tamil Nadu State. She has experience in rural, semi-urban, urban and metro branches of the bank. She also served in administrative offices of the bank. Mrs. Bharathi served as a Non-Executive Director of Can Fin Homes Ltd. since September 22, 2014 until February 1, 2019. Mrs. Bharathi serves as a Member of Board of Directors of Canbank Venture Capital Ltd. She is a Certified Associate of the Indian Institute of Bankers (CAIIB). Mrs. Bharathi is a post graduate in Arts (M.A.) and a B.Ed. graduate.

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

Average tenure of the Corporation Bank management team in years:

2.8
Average Tenure
  • The tenure for the Corporation Bank management team is about average.
Management Team

Gopal Bhagat

TITLE
Executive Director
COMPENSATION
₹3M

P. Bharathi

TITLE
CEO, MD & Director
AGE
58
TENURE
0.1 yrs

M. Ganesh

TITLE
CFO & General Manager
TENURE
2.8 yrs

Santanu Dash

TITLE
Deputy GM
COMPENSATION
₹2M
AGE
55
TENURE
8.2 yrs

Ranjan Sinha

TITLE
Chief Customer Service Officer
TENURE
5.3 yrs

A. Vinod

TITLE
Chief Risk Officer
TENURE
0.1 yrs

P. Murty

TITLE
Chief Vigilance Officer
TENURE
2.9 yrs

Birupaksha Mishra

TITLE
Executive Director
TENURE
0.3 yrs

A. James

TITLE
Executive
COMPENSATION
₹2M
Board of Directors Tenure

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

1.5
Average Tenure
64
Average Age
  • The average tenure for the Corporation Bank board of directors is less than 3 years, this suggests a new board.
Board of Directors

Gopal Bhagat

TITLE
Executive Director
COMPENSATION
₹3M
TENURE
2.6 yrs

P. Bharathi

TITLE
CEO, MD & Director
AGE
58
TENURE
0.1 yrs

Birupaksha Mishra

TITLE
Executive Director
TENURE
0.3 yrs

Manish Gupta

TITLE
Government Nominee Director
TENURE
4.9 yrs

Chitra Lal

TITLE
Shareholder Director
AGE
66
TENURE
1.5 yrs

Pradeep Jain

TITLE
Shareholder Director
AGE
56
TENURE
1.5 yrs

Pradyumna Jena

TITLE
RBI Nominee Director
TENURE
4.1 yrs

Deverakonda Diptivilasa

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

K. Murthy

TITLE
Non-Official Director
TENURE
1.3 yrs

M. Rao

TITLE
Part Time Non official Director
AGE
64
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 (₹)
15. Oct 18 Buy India Company 11. Oct 18 11. Oct 18 869,047,619 ₹29.40 ₹25,549,988,623
03. Apr 18 Buy India Company 31. Mar 18 31. Mar 18 518,492,176 ₹42.18 ₹21,869,993,827
X
Management checks
We assess Corporation 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. Corporation 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.

CORPBANK News

Simply Wall St News

What You Should Know About Corporation Bank’s (NSE:CORPBANK) Liquidity And Leverage

Basel III target banking regulations to improve the sector’s ability to absorb shocks resulting from economic stress which may expose financial institutions like Corporation Bank to vulnerabilities. … Since a bank’s financial standing can quickly decline in the case of an adverse macro event such as political instability, it is important to understand how prudent it is at managing its risk levels. … Insufficient liquidity coupled with high levels of leverage may place Corporation Bankin a risky position in the face of adverse headwinds.

Simply Wall St -

What Are The Drivers Of Corporation Bank's (NSE:CORPBANK) Risks?

Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

Simply Wall St -

Is Corporation Bank (NSE:CORPBANK) Undervalued?

Corporation Bank (NSE:CORPBANK), operating in the financial services industry based in India,. … A question to answer is whether Corporation Bank's current trading price of ₹25.65 reflective of the actual value of the? … Let’s take a look at Corporation Bank’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change

Simply Wall St -

CORPBANK Company Info

Description

Corporation Bank provides banking products and services for individuals and corporate customers in India. It offers personal banking products and services, including savings accounts, cash certificates, fixed deposits, moneyflex deposits, recurring deposits, and tax saver deposits; home, vehicle, mortgage, personal, and professional loans, as well as loans for the purchase of allotted site/plot; debit, credit, and travel cards; and forex, investments, remittance, tax and pension, insurance, and other services. The company also provides corporate banking products and services, such as current and payroll accounts, and cash management and forex services; and financing services, which include working capital, and project and term finance. In addition, it offers savings accounts and term deposits, loans, and remittance services for NRIs; point of sale, ATM, Internet and mobile banking, and SMS banking services. It also trades in government securities, bonds, and treasury bills. As of March 31, 2018, the company operated 9,955 functional units comprising 2,440 branches; 3,122 ATMs; and 4,393 branchless banking units. Corporation Bank was founded in 1906 and is headquartered in Mangaluru, India.

Details
Name: Corporation Bank
CORPBANK
Exchange: NSEI
Founded: 1906
₹71,855,803,347
2,534,596,238
Website: http://www.corpbank.com
Address: Corporation Bank
Mangala Devi Temple Road,
Pandeshwar,
Mangaluru,
Karnataka, 575001,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 532179 Equity Shares Mumbai Stock Exchange IN INR 05. Dec 1997
NSEI CORPBANK Equity Shares National Stock Exchange of India IN INR 05. Dec 1997
Number of employees
Current staff
Staff numbers
0
Corporation Bank employees.
Industry
Diversified Banks
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/23 12:44
End of day share price update: 2019/03/22 00:00
Last estimates confirmation: 2019/01/04
Last earnings filing: 2018/07/19
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.