Corporation Bank(Merged)
Corporation Bank is engaged in lending and borrowing activities. The Bank's segments include Treasury Operations, Wholesale Banking, Retail Banking and Other Banking Operations. The Bank offers personal, corporate, non-resident Indian (NRI) and priority banking products and services.(Source : Company Web-Site)
- Market Cap ₹ 5,874 Cr.
- Current Price ₹ 9.80
- High / Low ₹ /
- Stock P/E
- Book Value ₹ 23.0
- Dividend Yield 0.00 %
- ROCE 3.97 %
- ROE -15.8 %
- Face Value ₹ 2.00
Pros
- Stock is trading at 0.43 times its book value
- Company's working capital requirements have reduced from 172 days to 103 days
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -3.73% over past five years.
- Company has a low return on equity of -31.3% over last 3 years.
- Contingent liabilities of Rs.51,092 Cr.
- Earnings include an other income of Rs.3,750 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Banks Industry: Banks - Public Sector
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
6,067 | 6,988 | 9,135 | 13,018 | 15,334 | 17,959 | 19,556 | 19,411 | 19,472 | 17,628 | 15,623 | 16,171 | |
1,357 | 1,665 | 2,196 | 2,655 | 3,257 | 4,760 | 4,850 | 6,347 | 6,822 | 11,032 | 13,539 | 11,195 | |
Operating Profit | 4,710 | 5,323 | 6,939 | 10,363 | 12,077 | 13,199 | 14,707 | 13,064 | 12,649 | 6,596 | 2,084 | 4,976 |
OPM % | 78% | 76% | 76% | 80% | 79% | 73% | 75% | 67% | 65% | 37% | 13% | 31% |
1,111 | 1,499 | 1,266 | 1,507 | 1,620 | 1,657 | 1,474 | 1,743 | 3,098 | 2,319 | 1,881 | 3,750 | |
Interest | 4,371 | 5,083 | 6,195 | 9,871 | 11,906 | 14,174 | 15,485 | 15,171 | 15,020 | 12,789 | 10,114 | 10,941 |
Depreciation | 55 | 66 | 69 | 80 | 97 | 113 | 123 | 138 | 161 | 175 | 177 | 180 |
Profit before tax | 1,395 | 1,673 | 1,940 | 1,920 | 1,694 | 568 | 573 | -502 | 566 | -4,050 | -6,325 | -2,395 |
Tax % | 35% | 29% | 27% | 21% | 15% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
900 | 1,181 | 1,420 | 1,518 | 1,443 | 568 | 573 | -502 | 566 | -4,050 | -6,325 | -2,395 | |
EPS in Rs | 19.18 | 20.50 | 18.88 | 6.79 | 6.84 | -4.91 | 4.93 | -24.32 | -10.55 | -4.00 | ||
Dividend Payout % | 20% | 20% | 21% | 20% | 20% | 20% | 20% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 9% |
5 Years: | -4% |
3 Years: | -6% |
TTM: | 4% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 62% |
Stock Price CAGR | |
---|---|
10 Years: | -17% |
5 Years: | -12% |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | -7% |
5 Years: | -20% |
3 Years: | -31% |
Last Year: | -16% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 143 | 143 | 148 | 148 | 153 | 168 | 168 | 204 | 229 | 333 | 1,199 | 1,199 |
Reserves | 4,799 | 5,688 | 7,053 | 8,197 | 9,450 | 9,960 | 10,346 | 11,195 | 12,520 | 10,555 | 15,416 | 12,597 |
78,499 | 101,797 | 132,704 | 150,383 | 178,897 | 206,377 | 209,758 | 218,253 | 227,019 | 205,480 | 192,958 | 207,559 | |
3,451 | 4,079 | 3,660 | 4,896 | 4,971 | 5,550 | 5,748 | 5,215 | 8,151 | 5,558 | 4,051 | 8,133 | |
Total Liabilities | 86,893 | 111,707 | 143,566 | 163,624 | 193,471 | 222,055 | 226,019 | 234,867 | 247,920 | 221,926 | 213,624 | 229,489 |
301 | 289 | 328 | 356 | 440 | 462 | 523 | 1,275 | 1,289 | 1,228 | 1,418 | 1,379 | |
CWIP | 0 | 5 | 3 | 2 | 3 | 4 | 4 | 2 | 2 | 1 | 4 | 1 |
Investments | 24,915 | 34,552 | 43,497 | 47,529 | 58,185 | 66,190 | 53,317 | 63,277 | 64,096 | 70,379 | 60,019 | 66,377 |
61,677 | 76,861 | 99,738 | 115,737 | 134,843 | 155,399 | 172,176 | 170,312 | 182,534 | 150,318 | 152,184 | 161,733 | |
Total Assets | 86,893 | 111,707 | 143,566 | 163,624 | 193,471 | 222,055 | 226,019 | 234,867 | 247,920 | 221,926 | 213,624 | 229,489 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
4,152 | 1,685 | 501 | 3,024 | 0 | 2,139 | -1,290 | 2,611 | 9,550 | -15,999 | -6,753 | 6,293 | |
-87 | -59 | -106 | -108 | 0 | -135 | -182 | -207 | -189 | -127 | -114 | -135 | |
-182 | -134 | 32 | -344 | 0 | -448 | -28 | 38 | 508 | 2,394 | 8,119 | -1,723 | |
Net Cash Flow | 3,883 | 1,492 | 427 | 2,571 | 0 | 1,556 | -1,500 | 2,442 | 9,869 | -13,732 | 1,251 | 4,435 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Working Capital Days | -44 | -49 | -37 | -28 | -33 | -26 | 161 | 154 | 148 | 204 | 207 | 103 |
ROCE % | 8% | 7% | 7% | 8% | 8% | 7% | 7% | 7% | 7% | 4% | 2% | 4% |
Documents
Announcements
- Exercise Of Call Option On Upper Tier - II Bonds By The Bank. 19 Mar 2020
- Amalgamation Of Corporation Bank Into Union Bank Of India. 17 Mar 2020
- Fixation Of Marginal Cost Of Funds Based Lending Rate (MCLR) - W.E.F. 15.03.2020. 13 Mar 2020
- Notice Regarding Loss Of Share Certificates. 10 Mar 2020
- Announcement under Regulation 30 (LODR)-Change in Directorate 10 Mar 2020
Annual reports
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Financial Year 2010
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Financial Year 2010
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