Indian Overseas Bank made a net profit of INR -37.4 bil in 2018, up 40.7% compared to the previous year. This implies a return on equity of -25.2%.
Historically, the bank’s net profit reached an all time high of INR 13.3 bil in 2008 and an all time low of INR -63.0 bil in 2017. The average profit in the last five years amounted to INR -33.6 bil.
The bank generated its shareholders an average return on equity of -23.3% in the last five years with maximum at -2.86% and minimum at -46.6%
Indian Overseas Bank has been ranked 137th within the group of 146 banks we follow in terms of return on equity in 2018.
You can see all the bank’s data at Indian Overseas Bank Profile, or you can download a report on the bank in the report section.
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