By Helgi Library - November 3, 2019
DCB Bank's non-performing loans reached 1.86% of total loans at the end of 2018, up from 1.80% compared to the previous year. ...
By Helgi Library - November 3, 2019
DCB Bank made a net profit of INR 3.25 bil under revenues of INR 15.0 bil in 2018, up 32.6% and 14.8% respectively compared to the pr...
By Helgi Library - November 3, 2019
DCB Bank stock traded at INR 201 per share at the end 2018 implying a market capitalization of USD 904 mil. Since the end of 2013, the ...
Profit Statement | 2016 | 2017 | 2018 | |
Net Interest Income | INR bil | 7.97 | 9.95 | 11.5 |
Net Fee Income | INR bil | 1.66 | 2.19 | 2.40 |
Other Income | INR bil | 0.840 | 0.915 | 1.10 |
Total Revenues | INR bil | 10.5 | 13.1 | 15.0 |
Operating Profit | INR bil | 4.18 | 5.25 | 6.47 |
Provisions | INR bil | 1.11 | 1.39 | 1.40 |
Net Profit | INR bil | 2.00 | 2.45 | 3.25 |
Balance Sheet | 2016 | 2017 | 2018 | |
Interbank Loans | INR bil | 3.34 | 12.4 | 14.8 |
Customer Loans | INR bil | 158 | 203 | 236 |
Total Assets | INR bil | 240 | 302 | 358 |
Shareholders' Equity | INR bil | 22.0 | 28.1 | 31.2 |
Interbank Borrowing | INR bil | 4.87 | 6.18 | 5.43 |
Customer Deposits | INR bil | 193 | 240 | 284 |
Issued Debt Securities | INR bil | 12.8 | 19.3 | 27.2 |
Ratios | 2016 | 2017 | 2018 | |
ROE | % | 9.99 | 9.79 | 11.0 |
ROA | % | 0.925 | 0.904 | 0.986 |
Costs (As % Of Assets) | % | 2.91 | 2.88 | 2.58 |
Costs (As % Of Income) | % | 60.0 | 59.8 | 56.9 |
Net Interest Margin | % | 3.69 | 3.67 | 3.48 |
Loans (As % Of Deposits) | % | 82.0 | 84.7 | 82.9 |
NPLs (As % Of Loans) | % | 1.59 | 1.80 | 1.86 |
Provisions (As % Of NPLs) | % | 50.0 | 60.1 | 68.3 |
Valuation | 2016 | 2017 | 2018 | |
Price/Earnings (P/E) | 24.3 | 20.3 | 19.4 | |
Price/Book Value (P/BV) | 2.20 | 1.77 | 2.02 | |
Dividend Yield | % | 0.294 | 0.464 | 0.489 |
Earnings Per Share (EPS) | INR | 6.87 | 7.85 | 10.4 |
Book Value Per Share | INR | 75.9 | 89.9 | 99.2 |
Dividend Per Share | INR | 0.491 | 0.740 | 0.981 |
Get all company financials in excel:
summary | Unit | 2014 | 2015 | 2016 | 2017 | 2018 |
income statement | ||||||
Net Interest Income | INR bil | 5.08 | 6.20 | 7.97 | ||
Total Revenues | INR bil | 6.74 | 8.40 | 10.5 | ||
Operating Profit | INR bil | 2.78 | 3.49 | 4.18 | ||
Net Profit | INR bil | 1.91 | 1.95 | 2.00 | ||
balance sheet | ||||||
Interbank Loans | INR bil | 0.855 | 1.88 | 3.34 | ||
Customer Loans | INR bil | 105 | 129 | 158 | ||
Total Assets | INR bil | 161 | 191 | 240 | ||
Shareholders' Equity | INR bil | 15.9 | 17.9 | 22.0 | ||
Interbank Borrowing | INR bil | 0 | 0 | 4.87 | ||
Customer Deposits | INR bil | 126 | 149 | 193 | ||
Issued Debt Securities | INR bil | 11.6 | 11.5 | 12.8 | ||
ratios | ||||||
ROE | % | 12.1 | 11.5 | 9.99 | ||
ROA | % | 1.19 | 1.10 | 0.925 | ||
Costs (As % Of Assets) | % | 2.46 | 2.79 | 2.91 | ||
Costs (As % Of Income) | % | 58.8 | 58.4 | 60.0 | ||
Net Interest Margin | % | 3.15 | 3.51 | 3.69 | ||
Interest Income (As % Of Revenues) | % | 75.4 | 73.7 | 76.1 | ||
Fee Income (As % Of Revenues) | % | 17.7 | 16.7 | 15.8 | ||
Equity (As % Of Assets) | % | 9.83 | 9.37 | 9.17 | ||
Loans (As % Of Deposits) | % | 83.0 | 86.6 | 82.0 | ||
Loans (As % Assets) | % | 64.9 | 67.6 | 65.8 | ||
NPLs (As % Of Loans) | % | 1.76 | 1.52 | 1.59 | ||
Provisions (As % Of NPLs) | % | 41.6 | 49.1 | 50.0 | ||
valuation | ||||||
Market Capitalisation (End Of Period) | USD mil | 496 | 340 | 715 | ||
Number Of Shares (Average) | mil | 272 | 288 | 290 | ||
Share Price (End Of Period) | INR | 115 | 78.4 | 167 | ||
Earnings Per Share (EPS) | INR | 7.03 | 6.77 | 6.87 | ||
Book Value Per Share | INR | 58.3 | 62.3 | 75.9 | ||
Dividend Per Share | INR | 0 | 0 | 0.491 | ||
Price/Earnings (P/E) | 16.4 | 11.6 | 24.3 | |||
Price/Book Value (P/BV) | 1.97 | 1.26 | 2.20 | |||
Dividend Yield | % | 0 | 0 | 0.294 | ||
Earnings Per Share Growth | % | ... | -3.80 | 1.60 | ||
Book Value Per Share Growth | % | ... | 6.79 | 21.9 |
income statement | Unit | 2014 | 2015 | 2016 | 2017 | 2018 |
income statement | ||||||
Interest Income | INR bil | 14.2 | 17.0 | 20.8 | ||
Interest Cost | INR bil | 9.14 | 10.8 | 12.8 | ||
Net Interest Income | INR bil | 5.08 | 6.20 | 7.97 | ||
Net Fee Income | INR bil | 1.19 | 1.41 | 1.66 | ||
Other Income | INR bil | 0.466 | 0.804 | 0.840 | ||
Total Revenues | INR bil | 6.74 | 8.40 | 10.5 | ||
Operating Cost | INR bil | 3.96 | 4.91 | 6.28 | ||
Operating Profit | INR bil | 2.78 | 3.49 | 4.18 | ||
Provisions | INR bil | 0.863 | 1.55 | 1.11 | ||
Extra and Other Cost | INR bil | 0.001 | 0.004 | 0.002 | ||
Pre-Tax Profit | INR bil | 1.91 | 1.95 | 3.07 | ||
Tax | INR bil | 0 | 0 | 1.07 | ||
Minorities | INR bil | 0 | 0 | 0 | ||
Net Profit | INR bil | 1.91 | 1.95 | 2.00 | ||
Dividends | INR bil | 0 | 0 | 0.143 | ||
growth rates | ||||||
Net Interest Income Growth | % | ... | 21.9 | 28.7 | ||
Net Fee Income Growth | % | ... | 17.8 | 17.9 | ||
Total Revenue Growth | % | ... | 24.7 | 24.6 | ||
Operating Cost Growth | % | ... | 23.8 | 28.0 | ||
Operating Profit Growth | % | ... | 25.9 | 19.7 | ||
Pre-Tax Profit Growth | % | ... | 1.75 | 57.7 | ||
Net Profit Growth | % | ... | 1.75 | 2.65 | ||
market share | ||||||
Market Share in Revenues | % | 0.222 | 0.249 | 0.260 | ... | |
Market Share in Net Profit | % | 0.350 | 0.473 | ... | ... | ... |
balance sheet | Unit | 2014 | 2015 | 2016 | 2017 | 2018 |
balance sheet | ||||||
Cash | INR bil | 6.34 | 7.03 | 8.58 | ||
Interbank Loans | INR bil | 0.855 | 1.88 | 3.34 | ||
Customer Loans | INR bil | 105 | 129 | 158 | ||
Fixed Assets | INR bil | 2.37 | 2.48 | 4.89 | ||
Total Assets | INR bil | 161 | 191 | 240 | ||
Shareholders' Equity | INR bil | 15.9 | 17.9 | 22.0 | ||
Of Which Minority Interest | INR bil | 0 | 0 | 0 | ||
Liabilities | INR bil | 145 | 173 | 218 | ||
Interbank Borrowing | INR bil | 0 | 0 | 4.87 | ||
Customer Deposits | INR bil | 126 | 149 | 193 | ||
Sight Deposits | INR bil | 10.5 | 11.8 | 15.3 | ||
Term Deposits | INR bil | 116 | 137 | 178 | ||
Issued Debt Securities | INR bil | 11.6 | 11.5 | 12.8 | ||
Other Liabilities | INR bil | 7.74 | 12.5 | 7.90 | ||
asset quality | ||||||
Non-Performing Loans | INR bil | 1.86 | 1.97 | 2.54 | ||
Gross Loans | INR bil | 105 | 130 | 159 | ||
Total Provisions | INR bil | 0.774 | 0.969 | 1.27 | ||
growth rates | ||||||
Customer Loan Growth | % | ... | 23.5 | 22.4 | ||
Total Asset Growth | % | ... | 18.5 | 25.8 | ||
Shareholders' Equity Growth | % | ... | 12.9 | 23.1 | ||
Customer Deposit Growth | % | ... | 18.4 | 29.2 | ||
market share | ||||||
Market Share in Customer Loans | % | 0.147 | 0.162 | 0.192 | ... | |
Market Share in Total Assets | % | 0.145 | 0.152 | 0.169 | ... | |
Market Share in Customer Deposits | % | 0.154 | 0.163 | 0.181 | ... |
ratios | Unit | 2014 | 2015 | 2016 | 2017 | 2018 |
ratios | ||||||
ROE | % | 12.1 | 11.5 | 9.99 | ||
ROA | % | 1.19 | 1.10 | 0.925 | ||
Costs (As % Of Assets) | % | 2.46 | 2.79 | 2.91 | ||
Costs (As % Of Income) | % | 58.8 | 58.4 | 60.0 | ||
Net Interest Margin | % | 3.15 | 3.51 | 3.69 | ||
Interest Spread | % | ... | 2.87 | 3.09 | ||
Asset Yield | % | 8.82 | 9.64 | 9.62 | ||
Cost Of Liabilities | % | ... | 6.77 | 6.53 | ||
Payout Ratio | % | 0 | 0 | 7.15 | ||
Interest Income (As % Of Revenues) | % | 75.4 | 73.7 | 76.1 | ||
Fee Income (As % Of Revenues) | % | 17.7 | 16.7 | 15.8 | ||
Other Income (As % Of Revenues) | % | 6.91 | 9.56 | 8.02 | ||
Equity (As % Of Assets) | % | 9.83 | 9.37 | 9.17 | ||
Loans (As % Of Deposits) | % | 83.0 | 86.6 | 82.0 | ||
Loans (As % Assets) | % | 64.9 | 67.6 | 65.8 | ||
NPLs (As % Of Loans) | % | 1.76 | 1.52 | 1.59 | ||
Provisions (As % Of NPLs) | % | 41.6 | 49.1 | 50.0 | ||
Provisions (As % Of Loans) | % | 0.739 | 0.750 | 0.803 | ||
Cost of Provisions (As % Of Loans) | % | 0.824 | 1.32 | 0.776 |
other data | Unit | 2014 | 2015 | 2016 | 2017 | 2018 |
other data | ||||||
Employees | 3,352 | 4,248 | ... | ... | ... | |
Sight (As % Of Customer Deposits) | % | 8.30 | 7.89 | 7.96 |
Get all company financials in excel:
By Helgi Library - November 3, 2019
DCB Bank stock traded at INR 201 per share at the end of 2018 implying a market capitalization of USD 904 mil. Since the end of 2013, the stock has appreciated by % implying an annual average growth of 0 %. In absolute terms, the value of the company rose by...
By Helgi Library - November 3, 2019
DCB Bank generated total banking revenues of INR 15.0 bil in 2018, up 14.8% compared to the previous year. Historically, the bank’s revenues containing of interest, fee and other non-interest income reached an all time high of INR 15.0 bil in 2018 and an all ti...
DCB Bank has been growing its revenues and asset by 21.3% and 23.2% a year on average in the last 3 years. Its loans and deposits have grown by 22.2% and 24.0% a year during that time and loans to deposits ratio reached 82.9% at the end of 2018. The company achieved an average return on equity of 10.3% in the last three years with net profit growing 18.7% a year on average. In terms of operating efficiency, its cost to income ratio reached 56.9% in 2018, compared to 58.9% average in the last three years.
Equity represented 8.70% of total assets or 13.2% of loans at the end of 2018. DCB Bank's non-performing loans were 1.86% of total loans while provisions covered some 68.3% of NPLs at the end of 2018.
DCB Bank stock traded at INR 201 per share at the end of 2018 resulting in a market capitalization of USD 904 mil. Over the previous five years, stock price rose by 0% or 0% a year on average. That’s compared to an average ROE of 10.9% the bank generated for its shareholders. This closing price put stock at a 12-month trailing price to earnings (PE) of 19.4x and price to book value (PBV) of 2.02x in 2018.