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 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...
| 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 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 compared to the previous year. Historically, the bank’s net profit reached an all time high of INR 13.3 bil in 2008 and an all time low of ...
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. Historically, the bank’s net interest margin reached an all time high of 3.78% in 2004 and an all time low of 1.92% in 2014. The average...
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. Historically, the bank’s net interest margin reached an all time high of 3.78% in 2004 and an all time low of 1.92% in 2014. The average...
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 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 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 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...
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.
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