By Helgi Library - November 4, 2019
Indian Overseas Bank's non-performing loans reached 22.1% of total loans at the end of 2018, down from 25.5% compared to the prev...
By Helgi Library - November 2, 2019
Indian Overseas Bank made a net profit of INR -37.4 bil under revenues of INR 93.8 bil in 2018, up 40.7% and 1.87% respectively compa...
By Helgi Library - November 2, 2019
Indian Overseas Bank's net interest margin amounted to 2.12% in 2018, down from 2.21% compared to the previous year. Histo...
Profit Statement | 2016 | 2017 | 2018 | |
Net Interest Income | INR bil | 51.9 | 54.7 | 52.8 |
Net Fee Income | INR bil | 9.50 | 10.2 | 9.77 |
Other Income | INR bil | 24.2 | 27.2 | 31.3 |
Total Revenues | INR bil | 85.6 | 92.1 | 93.8 |
Operating Profit | INR bil | 36.5 | 36.3 | 49.3 |
Provisions | INR bil | 70.7 | 99.3 | 87.7 |
Net Profit | INR bil | -34.2 | -63.0 | -37.4 |
Balance Sheet | 2016 | 2017 | 2018 | |
Interbank Loans | INR bil | 117 | 150 | 206 |
Customer Loans | INR bil | 1,405 | 1,325 | 1,326 |
Total Assets | INR bil | 2,472 | 2,480 | 2,500 |
Shareholders' Equity | INR bil | 137 | 133 | 164 |
Interbank Borrowing | INR bil | 6.24 | 6.03 | 5.48 |
Customer Deposits | INR bil | 2,113 | 2,168 | 2,225 |
Issued Debt Securities | INR bil | 161 | 92.3 | 61.5 |
Ratios | 2016 | 2017 | 2018 | |
ROE | % | -23.2 | -46.6 | -25.2 |
ROA | % | -1.31 | -2.54 | -1.50 |
Costs (As % Of Assets) | % | 1.88 | 2.26 | 1.79 |
Costs (As % Of Income) | % | 57.4 | 60.6 | 47.4 |
Capital Adequacy Ratio | % | 10.5 | 9.25 | 10.2 |
Net Interest Margin | % | 1.99 | 2.21 | 2.12 |
Loans (As % Of Deposits) | % | 66.5 | 61.1 | 59.6 |
NPLs (As % Of Loans) | % | 22.7 | 25.5 | 22.1 |
Provisions (As % Of NPLs) | % | 40.3 | 45.4 | 55.8 |
Valuation | 2016 | 2017 | 2018 | |
Price/Earnings (P/E) | ... | ... | ... | |
Price/Book Value (P/BV) | 0.476 | 0.643 | 0.807 | |
Dividend Yield | % | 0 | 0 | 0 |
Earnings Per Share (EPS) | INR | -15.8 | -23.3 | -6.83 |
Book Value Per Share | INR | 63.5 | 49.0 | 29.9 |
Dividend Per Share | INR | 0 | 0 | 0 |
Get all company financials in excel:
summary | Unit | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
income statement | ||||||||||||||||||||
Net Interest Income | INR bil | 52.5 | 55.8 | 53.8 | 53.8 | 51.9 | ||||||||||||||
Total Revenues | INR bil | 72.2 | 77.4 | 75.2 | 79.1 | 85.6 | ||||||||||||||
Operating Profit | INR bil | 32.1 | 40.0 | 33.2 | 28.9 | 36.5 | ||||||||||||||
Net Profit | INR bil | 5.67 | 6.02 | -4.54 | -29.0 | -34.2 | ||||||||||||||
balance sheet | ||||||||||||||||||||
Interbank Loans | INR bil | 54.2 | 72.7 | 123 | 82.1 | 117 | ||||||||||||||
Customer Loans | INR bil | 1,604 | 1,759 | 1,718 | 1,609 | 1,405 | ||||||||||||||
Debt Securities | INR bil | 614 | 702 | 813 | 792 | 713 | ||||||||||||||
Total Assets | INR bil | 2,447 | 2,749 | 2,856 | 2,744 | 2,472 | ||||||||||||||
Shareholders' Equity | INR bil | 135 | 162 | 156 | 157 | 137 | ||||||||||||||
Interbank Borrowing | INR bil | 19.9 | 115 | 101 | 96.9 | 6.24 | ||||||||||||||
Customer Deposits | INR bil | 2,021 | 2,280 | 2,460 | 2,245 | 2,113 | ||||||||||||||
Issued Debt Securities | INR bil | 219 | 130 | 81.5 | 175 | 161 | ||||||||||||||
ratios | ||||||||||||||||||||
ROE | % | 4.47 | 4.06 | -2.86 | -18.5 | -23.2 | ||||||||||||||
ROA | % | 0.244 | 0.232 | -0.162 | -1.03 | -1.31 | ||||||||||||||
Costs (As % Of Assets) | % | 1.73 | 1.44 | 1.50 | 1.79 | 1.88 | ||||||||||||||
Costs (As % Of Income) | % | 55.6 | 48.4 | 55.8 | 63.5 | 57.4 | ||||||||||||||
Capital Adequacy Ratio | % | 11.9 | 10.8 | 10.1 | 9.66 | 10.5 | ||||||||||||||
Net Interest Margin | % | 2.26 | 2.15 | 1.92 | 1.92 | 1.99 | ||||||||||||||
Interest Income (As % Of Revenues) | % | 72.7 | 72.0 | 71.6 | 68.0 | 60.6 | ||||||||||||||
Fee Income (As % Of Revenues) | % | 12.4 | 12.0 | 13.3 | 0 | 11.1 | ||||||||||||||
Equity (As % Of Assets) | % | 5.50 | 5.88 | 5.48 | 5.71 | 5.56 | ||||||||||||||
Loans (As % Of Deposits) | % | 79.3 | 77.2 | 69.8 | 71.6 | 66.5 | ||||||||||||||
Loans (As % Assets) | % | 65.5 | 64.0 | 60.1 | 58.6 | 56.8 | ||||||||||||||
NPLs (As % Of Loans) | % | 4.06 | 5.03 | 8.44 | 17.6 | 22.7 | ||||||||||||||
Provisions (As % Of NPLs) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 37.3 | 37.3 | 34.2 | 32.4 | 40.3 | |||
valuation | ||||||||||||||||||||
Market Capitalisation (End Of Period) | USD mil | 1,097 | 1,016 | 830 | 637 | 963 | ||||||||||||||
Number Of Shares (Average) | mil | 802 | 994 | 1,235 | 1,459 | 2,165 | ||||||||||||||
Share Price (End Of Period) | INR | 75.0 | 63.2 | 42.4 | 29.0 | 30.2 | ||||||||||||||
Earnings Per Share (EPS) | INR | 7.07 | 6.05 | -3.68 | -19.9 | -15.8 | ||||||||||||||
Book Value Per Share | INR | 168 | 163 | 127 | 107 | 63.5 | ||||||||||||||
Dividend Per Share | INR | 2.30 | 1.49 | 0 | 0 | 0 | ||||||||||||||
Price/Earnings (P/E) | 10.6 | 10.4 | ... | ... | ... | ... | ... | |||||||||||||
Price/Book Value (P/BV) | 0.447 | 0.388 | 0.334 | 0.270 | 0.476 | |||||||||||||||
Dividend Yield | % | 3.07 | 2.36 | 0 | 0 | 0 | ||||||||||||||
Earnings Per Share Growth | % | ... | -58.2 | -14.5 | -161 | 440 | -20.5 | |||||||||||||
Book Value Per Share Growth | % | ... | -12.7 | -3.11 | -22.1 | -15.2 | -40.9 |
income statement | Unit | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
income statement | ||||||||||||||||||||
Interest Income | INR bil | 207 | 227 | 239 | 235 | 197 | ||||||||||||||
Interest Cost | INR bil | 154 | 171 | 186 | 181 | 145 | ||||||||||||||
Net Interest Income | INR bil | 52.5 | 55.8 | 53.8 | 53.8 | 51.9 | ||||||||||||||
Net Fee Income | INR bil | 8.95 | 9.29 | 10.0 | 0 | 9.50 | ||||||||||||||
Other Income | INR bil | 10.8 | 12.4 | 11.4 | 25.3 | 24.2 | ||||||||||||||
Total Revenues | INR bil | 72.2 | 77.4 | 75.2 | 79.1 | 85.6 | ||||||||||||||
Operating Cost | INR bil | 40.2 | 37.5 | 42.0 | 50.3 | 49.1 | ||||||||||||||
Operating Profit | INR bil | 32.1 | 40.0 | 33.2 | 28.9 | 36.5 | ||||||||||||||
Provisions | INR bil | 24.6 | 34.0 | 37.8 | 57.8 | 70.7 | ||||||||||||||
Extra and Other Cost | INR bil | < 0.001 | -0.019 | -0.011 | 0 | -0.012 | ||||||||||||||
Pre-Tax Profit | INR bil | 7.47 | 6.02 | -4.54 | -29.0 | -34.2 | ||||||||||||||
Tax | INR bil | ... | 1.80 | 0 | 0 | 0 | 0 | |||||||||||||
Minorities | INR bil | 0 | 0 | 0 | 0 | 0 | ||||||||||||||
Net Profit | INR bil | 5.67 | 6.02 | -4.54 | -29.0 | -34.2 | ||||||||||||||
Dividends | INR bil | 1.85 | 1.48 | 0 | 0 | 0 | ||||||||||||||
growth rates | ||||||||||||||||||||
Net Interest Income Growth | % | ... | 4.70 | 6.19 | -3.46 | -0.023 | -3.59 | |||||||||||||
Net Fee Income Growth | % | ... | 11.9 | 3.77 | 7.84 | -100 | ... | |||||||||||||
Total Revenue Growth | % | ... | 7.85 | 7.21 | -2.88 | 5.18 | 8.22 | |||||||||||||
Operating Cost Growth | % | ... | 27.0 | -6.69 | 12.0 | 19.6 | -2.26 | |||||||||||||
Operating Profit Growth | % | ... | -9.30 | 24.6 | -16.9 | -13.1 | 26.5 | |||||||||||||
Pre-Tax Profit Growth | % | ... | -28.8 | -19.5 | -176 | 538 | 17.9 | |||||||||||||
Net Profit Growth | % | ... | -46.0 | 6.08 | -176 | 538 | 17.9 | |||||||||||||
market share | ||||||||||||||||||||
Market Share in Revenues | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 3.06 | 2.87 | 2.48 | 2.35 | 2.13 | ... | ||
Market Share in Net Profit | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 0.958 | 1.12 | ... | ... | ... | ... | ... |
balance sheet | Unit | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
balance sheet | ||||||||||||||||||||
Cash | INR bil | 98.4 | 117 | 126 | 140 | 115 | ||||||||||||||
Interbank Loans | INR bil | 54.2 | 72.7 | 123 | 82.1 | 117 | ||||||||||||||
Customer Loans | INR bil | 1,604 | 1,759 | 1,718 | 1,609 | 1,405 | ||||||||||||||
Debt Securities | INR bil | 614 | 702 | 813 | 792 | 713 | ||||||||||||||
Fixed Assets | INR bil | 18.5 | 26.0 | 25.1 | 32.7 | 30.5 | ||||||||||||||
Total Assets | INR bil | 2,447 | 2,749 | 2,856 | 2,744 | 2,472 | ||||||||||||||
Shareholders' Equity | INR bil | 135 | 162 | 156 | 157 | 137 | ||||||||||||||
Of Which Minority Interest | INR bil | 0 | 0 | 0 | 0 | 0 | ||||||||||||||
Liabilities | INR bil | 2,312 | 2,587 | 2,700 | 2,588 | 2,334 | ||||||||||||||
Interbank Borrowing | INR bil | 19.9 | 115 | 101 | 96.9 | 6.24 | ||||||||||||||
Customer Deposits | INR bil | 2,021 | 2,280 | 2,460 | 2,245 | 2,113 | ||||||||||||||
Sight Deposits | INR bil | 132 | 140 | 146 | 121 | 130 | ||||||||||||||
Term Deposits | INR bil | 1,889 | 2,140 | 2,314 | 2,124 | 1,983 | ||||||||||||||
Issued Debt Securities | INR bil | 219 | 130 | 81.5 | 175 | 161 | ||||||||||||||
Other Liabilities | INR bil | 51.5 | 63.0 | 57.1 | 70.7 | 53.6 | ||||||||||||||
asset quality | ||||||||||||||||||||
Non-Performing Loans | INR bil | 66.1 | 90.2 | 149 | 300 | 351 | ||||||||||||||
Gross Loans | INR bil | 1,628 | 1,793 | 1,769 | 1,706 | 1,546 | ||||||||||||||
Total Provisions | INR bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 24.6 | 33.6 | 51.1 | 97.4 | 142 | |||
growth rates | ||||||||||||||||||||
Customer Loan Growth | % | ... | 14.0 | 9.68 | -2.35 | -6.34 | -12.7 | |||||||||||||
Total Asset Growth | % | ... | 11.4 | 12.4 | 3.90 | -3.92 | -9.94 | |||||||||||||
Shareholders' Equity Growth | % | ... | 12.8 | 20.2 | -3.27 | 0.159 | -12.3 | |||||||||||||
Customer Deposit Growth | % | ... | 13.3 | 12.8 | 7.93 | -8.75 | -5.87 | |||||||||||||
market share | ||||||||||||||||||||
Market Share in Customer Loans | % | ... | ... | ... | ... | 2.90 | 2.74 | 2.42 | 2.02 | 1.70 | ... | |||||||||
Market Share in Total Assets | % | 2.82 | 2.72 | 2.56 | 2.18 | 1.74 | ... | |||||||||||||
Market Share in Customer Deposits | % | 3.21 | 3.17 | 3.01 | 2.46 | 1.99 | ... |
ratios | Unit | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
ratios | ||||||||||||||||||||
ROE | % | 4.47 | 4.06 | -2.86 | -18.5 | -23.2 | ||||||||||||||
ROA | % | 0.244 | 0.232 | -0.162 | -1.03 | -1.31 | ||||||||||||||
Costs (As % Of Assets) | % | 1.73 | 1.44 | 1.50 | 1.79 | 1.88 | ||||||||||||||
Costs (As % Of Income) | % | 55.6 | 48.4 | 55.8 | 63.5 | 57.4 | ||||||||||||||
Capital Adequacy Ratio | % | 11.9 | 10.8 | 10.1 | 9.66 | 10.5 | ||||||||||||||
Tier 1 Ratio | % | 7.80 | 7.47 | 7.30 | 7.75 | 8.21 | ||||||||||||||
Net Interest Margin | % | 2.26 | 2.15 | 1.92 | 1.92 | 1.99 | ||||||||||||||
Interest Spread | % | ... | 1.88 | 1.75 | 1.52 | 1.54 | 1.66 | |||||||||||||
Asset Yield | % | 8.91 | 8.73 | 8.54 | 8.40 | 7.56 | ||||||||||||||
Cost Of Liabilities | % | ... | 7.03 | 6.98 | 7.02 | 6.86 | 5.90 | |||||||||||||
Payout Ratio | % | 32.6 | 24.6 | 0 | 0 | 0 | ||||||||||||||
Interest Income (As % Of Revenues) | % | 72.7 | 72.0 | 71.6 | 68.0 | 60.6 | ||||||||||||||
Fee Income (As % Of Revenues) | % | 12.4 | 12.0 | 13.3 | 0 | 11.1 | ||||||||||||||
Other Income (As % Of Revenues) | % | 14.9 | 16.0 | 15.1 | 32.0 | 28.3 | ||||||||||||||
Equity (As % Of Assets) | % | 5.50 | 5.88 | 5.48 | 5.71 | 5.56 | ||||||||||||||
Loans (As % Of Deposits) | % | 79.3 | 77.2 | 69.8 | 71.6 | 66.5 | ||||||||||||||
Loans (As % Assets) | % | 65.5 | 64.0 | 60.1 | 58.6 | 56.8 | ||||||||||||||
NPLs (As % Of Loans) | % | 4.06 | 5.03 | 8.44 | 17.6 | 22.7 | ||||||||||||||
Provisions (As % Of NPLs) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 37.3 | 37.3 | 34.2 | 32.4 | 40.3 | |||
Provisions (As % Of Loans) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 1.54 | 1.91 | 2.97 | 6.06 | 10.1 | |||
Cost of Provisions (As % Of Loans) | % | 1.63 | 2.02 | 2.17 | 3.48 | 4.69 |
other data | Unit | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
other data | ||||||||||||||||||||
Employees | 28,280 | 29,716 | 31,947 | 31,846 | 29,806 | |||||||||||||||
Sight (As % Of Customer Deposits) | % | 6.53 | 6.15 | 5.95 | 5.38 | 6.17 |
Get all company financials in excel:
By Helgi Library - November 2, 2019
Indian Overseas Bank generated total banking revenues of INR 93.8 bil in 2018, up 1.87% 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 93.8 bil in 2018 a...
By Helgi Library - November 2, 2019
Indian Overseas Bank's capital adequacy ratio reached 10.2% at the end of 2018, up from 9.25% compared to the previous year. Historically, the bank’s capital ratio hit an all time high of 26.7% in 2006 and an all time low of 9.25% in 2017. The Tier 1 ratio am...
By Helgi Library - November 2, 2019
Indian Overseas Bank's customer loan growth reached 0.082% in 2018, up from -5.67% compared to the previous year. Historically, the bank’s loans growth reached an all time high of 41.6% in 2010 and an all time low of -12.7% in 2016. In the last decade, th...
By Helgi Library - November 2, 2019
Indian Overseas Bank's customer deposits reached INR 2,168 bil in 2017, up 2.60% compared to the previous year. Indian banking sector accepted customer deposits of INR 110,303 bil in 2017, up 3.61% when compared to the last year. Indian Overseas Bank acco...
By Helgi Library - November 2, 2019
Indian Overseas Bank generated total banking revenues of INR 92.1 bil in 2017, up 7.61% compared to the previous year. Indian banking sector banking sector generated total revenues of INR 4,320,359 mil in 2017, up 7.41% when compared to the last year....
By Helgi Library - November 2, 2019
Indian Overseas Bank's customer loans reached INR 1,325 bil in 2017, down 5.67% compared to the previous year. Indian banking sector provided customer loans of INR 88,362 bil in 2017, up 7.04% when compared to the last year. Indian Overseas Bank accounted...
By Helgi Library - November 2, 2019
Indian Overseas Bank stock traded at INR 63.2 per share at the end 2013 implying a market capitalization of USD 1,016 mil. Since the end of 2008, the stock has appreciated by 38.5 % implying an annual average growth of 6.73 %. In absolute terms, the value of the compa...
By Helgi Library - November 2, 2019
Indian Overseas Bank stock traded at INR 63.2 per share at the end of 2013 implying a market capitalization of USD 1,016 mil. Since the end of 2008, the stock has appreciated by 38.5 % implying an annual average growth of 6.73 %. In absolute terms, the value of the co...
Indian Overseas Bank has been growing its revenues and asset by 3.92% and -1.88% a year on average in the last 5 years. Its loans and deposits have grown by -5.49% and -0.482% a year during that time and loans to deposits ratio reached 59.6% at the end of 2018. The company achieved an average return on equity of -23.3% in the last five years with net profit growing % a year on average. In terms of operating efficiency, its cost to income ratio reached 47.4% in 2018, compared to 57.0% average in the last five years.
Equity represented 6.54% of total assets or 12.3% of loans at the end of 2018. Indian Overseas Bank's non-performing loans were 22.1% of total loans while provisions covered some 55.8% of NPLs at the end of 2018.
Indian Overseas Bank stock traded at INR 24.1 per share at the end of 2018 resulting in a market capitalization of USD 1,893 mil. Over the previous five years, stock price fell by 61.8% or 17.5% a year on average. That’s compared to an average ROE of -23.3% the bank generated for its shareholders. This closing price put stock at a 12-month trailing price to earnings (PE) of x and price to book value (PBV) of 0.807x in 2018.