By Helgi Library - November 2, 2019
UCO Bank made a net profit of INR -43.2 bil under revenues of INR 58.2 bil in 2018, up 2.60% and 37.0% respectively compared to the p...
By Helgi Library - November 2, 2019
UCO Bank made a net profit of INR -43.2 bil under revenues of INR 58.2 bil in 2018, up 2.60% and 37.0% respectively compared to the p...
By Helgi Library - November 2, 2019
UCO Bank's non-performing loans reached 30.1% of total loans at the end of 2018, up from 24.9% compared to the previous year. ...
| Profit Statement | 2016 | 2017 | 2018 | |
| Net Interest Income | INR bil | 38.3 | 31.3 | 43.2 |
| Net Fee Income | INR bil | 1.84 | 1.83 | 2.33 |
| Other Income | INR bil | 19.2 | 9.29 | 12.7 |
| Total Revenues | INR bil | 59.3 | 42.5 | 58.2 |
| Operating Profit | INR bil | 26.2 | 30.9 | 41.8 |
| Provisions | INR bil | 44.6 | 75.2 | 84.9 |
| Net Profit | INR bil | -18.5 | -44.4 | -43.2 |
| Balance Sheet | 2016 | 2017 | 2018 | |
| Interbank Loans | INR bil | 93.1 | 66.2 | 156 |
| Customer Loans | INR bil | 1,197 | 1,075 | 993 |
| Total Assets | INR bil | 2,313 | 2,161 | 2,305 |
| Shareholders' Equity | INR bil | 128 | 150 | 174 |
| Interbank Borrowing | INR bil | 0.871 | 0.827 | 0.719 |
| Customer Deposits | INR bil | 2,013 | 1,818 | 1,979 |
| Issued Debt Securities | INR bil | 95.3 | 124 | 83.2 |
| Ratios | 2016 | 2017 | 2018 | |
| ROE | % | -14.6 | -32.0 | -26.7 |
| ROA | % | -0.777 | -1.98 | -1.94 |
| Costs (As % Of Assets) | % | 1.39 | 0.516 | 0.733 |
| Costs (As % Of Income) | % | 55.9 | 27.2 | 28.1 |
| Capital Adequacy Ratio | % | 10.9 | 10.9 | 10.7 |
| Net Interest Margin | % | 1.61 | 1.40 | 1.93 |
| Loans (As % Of Deposits) | % | 59.5 | 59.1 | 50.2 |
| NPLs (As % Of Loans) | % | 17.3 | 24.9 | 30.1 |
| Provisions (As % Of NPLs) | % | 46.4 | 49.4 | 0.006 |
| Valuation | 2016 | 2017 | 2018 | |
| Price/Earnings (P/E) | ... | ... | ... | |
| Price/Book Value (P/BV) | 0.442 | 0.333 | 0.586 | |
| Dividend Yield | % | 0 | 0 | 0 |
| Earnings Per Share (EPS) | INR | -13.3 | -25.2 | -11.2 |
| Book Value Per Share | INR | 91.6 | 85.0 | 44.9 |
| Dividend Per Share | INR | 0 | 0 | 0 |
Get all company financials in excel:
| summary | Unit | 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 | 45.9 | 60.7 | 55.7 | 48.6 | 38.3 | |||||||||||||
| Total Revenues | INR bil | 55.3 | 73.8 | 75.7 | 64.4 | 59.3 | |||||||||||||
| Operating Profit | INR bil | 24.8 | 35.3 | 35.0 | 33.9 | 26.2 | |||||||||||||
| Net Profit | INR bil | 6.18 | 15.1 | 11.4 | -28.0 | -18.5 | |||||||||||||
| balance sheet | |||||||||||||||||||
| Interbank Loans | INR bil | 66.4 | 69.6 | 139 | 106 | 93.1 | |||||||||||||
| Customer Loans | INR bil | 1,283 | 1,496 | 1,474 | 1,259 | 1,197 | |||||||||||||
| Debt Securities | INR bil | 521 | 673 | 687 | 838 | 738 | |||||||||||||
| Total Assets | INR bil | 1,987 | 2,391 | 2,459 | 2,449 | 2,313 | |||||||||||||
| Shareholders' Equity | INR bil | 96.8 | 112 | 125 | 125 | 128 | |||||||||||||
| Interbank Borrowing | INR bil | 2.46 | 1.60 | 1.15 | 0.934 | 0.871 | |||||||||||||
| Customer Deposits | INR bil | 1,734 | 1,995 | 2,143 | 2,071 | 2,013 | |||||||||||||
| Issued Debt Securities | INR bil | 94.9 | 207 | 103 | 172 | 95.3 | |||||||||||||
| ratios | |||||||||||||||||||
| ROE | % | 6.76 | 14.4 | 9.57 | -22.3 | -14.6 | |||||||||||||
| ROA | % | 0.326 | 0.690 | 0.469 | -1.14 | -0.777 | |||||||||||||
| Costs (As % Of Assets) | % | 1.61 | 1.76 | 1.67 | 1.24 | 1.39 | |||||||||||||
| Costs (As % Of Income) | % | 55.2 | 52.1 | 53.7 | 47.4 | 55.9 | |||||||||||||
| Capital Adequacy Ratio | % | ... | ... | ... | 14.2 | 12.7 | 12.2 | 9.63 | 10.9 | ||||||||||
| Net Interest Margin | % | 2.42 | 2.77 | 2.30 | 1.98 | 1.61 | |||||||||||||
| Interest Income (As % Of Revenues) | % | 83.0 | 82.3 | 73.6 | 75.4 | 64.6 | |||||||||||||
| Fee Income (As % Of Revenues) | % | 4.58 | 3.16 | 3.51 | 2.22 | 3.11 | |||||||||||||
| Equity (As % Of Assets) | % | 4.87 | 4.69 | 5.10 | 5.11 | 5.51 | |||||||||||||
| Loans (As % Of Deposits) | % | 74.0 | 75.0 | 68.7 | 60.8 | 59.5 | |||||||||||||
| Loans (As % Assets) | % | 64.6 | 62.6 | 59.9 | 51.4 | 51.8 | |||||||||||||
| NPLs (As % Of Loans) | % | 5.44 | 4.34 | 6.82 | 15.6 | 17.3 | |||||||||||||
| Provisions (As % Of NPLs) | % | ... | ... | ... | ... | ... | 39.5 | 42.6 | 31.7 | 38.3 | 46.4 | ||||||||
| valuation | |||||||||||||||||||
| Market Capitalisation (End Of Period) | USD mil | ... | 766 | 1,198 | 1,090 | 629 | 830 | ||||||||||||
| Number Of Shares (Average) | mil | ... | 670 | 777 | 1,016 | 1,076 | 1,392 | ||||||||||||
| Share Price (End Of Period) | INR | ... | 62.6 | 95.3 | 67.7 | 38.8 | 40.5 | ||||||||||||
| Earnings Per Share (EPS) | INR | ... | 9.22 | 19.4 | 11.2 | -26.0 | -13.3 | ||||||||||||
| Book Value Per Share | INR | ... | 144 | 144 | 124 | 116 | 91.6 | ||||||||||||
| Dividend Per Share | INR | ... | 1.80 | 1.31 | 2.12 | 0 | 0 | ||||||||||||
| Price/Earnings (P/E) | ... | 6.79 | 4.90 | 6.04 | ... | ... | ... | ... | |||||||||||
| Price/Book Value (P/BV) | ... | 0.433 | 0.659 | 0.548 | 0.333 | 0.442 | |||||||||||||
| Dividend Yield | % | ... | ... | 2.87 | 1.37 | 3.13 | 0 | 0 | |||||||||||
| Earnings Per Share Growth | % | ... | ... | -47.8 | 111 | -42.4 | -332 | -48.9 | |||||||||||
| Book Value Per Share Growth | % | ... | 5.24 | 0.057 | -14.5 | -5.79 | -21.3 |
| income statement | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| income statement | |||||||||||||||||||
| Interest Income | INR bil | 168 | 182 | 194 | 186 | 163 | |||||||||||||
| Interest Cost | INR bil | 122 | 122 | 138 | 137 | 125 | |||||||||||||
| Net Interest Income | INR bil | 45.9 | 60.7 | 55.7 | 48.6 | 38.3 | |||||||||||||
| Net Fee Income | INR bil | 2.54 | 2.33 | 2.66 | 1.43 | 1.84 | |||||||||||||
| Other Income | INR bil | 6.89 | 10.8 | 17.3 | 14.4 | 19.2 | |||||||||||||
| Total Revenues | INR bil | 55.3 | 73.8 | 75.7 | 64.4 | 59.3 | |||||||||||||
| Operating Cost | INR bil | 30.6 | 38.5 | 40.6 | 30.5 | 33.1 | |||||||||||||
| Operating Profit | INR bil | 24.8 | 35.3 | 35.0 | 33.9 | 26.2 | |||||||||||||
| Provisions | INR bil | 18.3 | 18.1 | 19.2 | 61.7 | 44.6 | |||||||||||||
| Extra and Other Cost | INR bil | -0.005 | -0.005 | -0.007 | -0.010 | -0.004 | |||||||||||||
| Pre-Tax Profit | INR bil | 6.47 | 17.2 | 15.8 | -27.8 | -18.4 | |||||||||||||
| Tax | INR bil | 0.286 | 2.14 | 4.44 | 0.201 | 0.108 | |||||||||||||
| Minorities | INR bil | 0 | 0 | 0 | 0 | 0 | |||||||||||||
| Net Profit | INR bil | 6.18 | 15.1 | 11.4 | -28.0 | -18.5 | |||||||||||||
| Dividends | INR bil | 1.20 | 1.01 | 2.15 | 0 | 0 | |||||||||||||
| growth rates | |||||||||||||||||||
| Net Interest Income Growth | % | ... | 17.4 | 32.2 | -8.21 | -12.8 | -21.2 | ||||||||||||
| Net Fee Income Growth | % | ... | 6.54 | -8.00 | 13.9 | -46.2 | 29.1 | ||||||||||||
| Total Revenue Growth | % | ... | 13.7 | 33.4 | 2.52 | -14.8 | -7.95 | ||||||||||||
| Operating Cost Growth | % | ... | 17.5 | 25.9 | 5.59 | -24.8 | 8.54 | ||||||||||||
| Operating Profit Growth | % | ... | 9.30 | 42.6 | -0.812 | -3.21 | -22.8 | ||||||||||||
| Pre-Tax Profit Growth | % | ... | -43.8 | 167 | -8.25 | -276 | -33.8 | ||||||||||||
| Net Profit Growth | % | ... | -44.2 | 144 | -24.7 | -346 | -33.9 | ||||||||||||
| market share | |||||||||||||||||||
| Market Share in Revenues | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 2.34 | 2.74 | 2.49 | 1.91 | 1.47 | ... | ||
| Market Share in Net Profit | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 1.04 | 2.80 | 2.09 | ... | ... | ... | ... |
| balance sheet | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| balance sheet | |||||||||||||||||||
| Cash | INR bil | 57.1 | 80.5 | 82.7 | 79.5 | 87.9 | |||||||||||||
| Interbank Loans | INR bil | 66.4 | 69.6 | 139 | 106 | 93.1 | |||||||||||||
| Customer Loans | INR bil | 1,283 | 1,496 | 1,474 | 1,259 | 1,197 | |||||||||||||
| Debt Securities | INR bil | 521 | 673 | 687 | 838 | 738 | |||||||||||||
| Fixed Assets | INR bil | 8.90 | 10.6 | 11.1 | 28.8 | 28.5 | |||||||||||||
| Total Assets | INR bil | 1,987 | 2,391 | 2,459 | 2,449 | 2,313 | |||||||||||||
| Shareholders' Equity | INR bil | 96.8 | 112 | 125 | 125 | 128 | |||||||||||||
| Of Which Minority Interest | INR bil | 0 | 0 | 0 | 0 | 0 | |||||||||||||
| Liabilities | INR bil | 1,890 | 2,279 | 2,334 | 2,324 | 2,186 | |||||||||||||
| Interbank Borrowing | INR bil | 2.46 | 1.60 | 1.15 | 0.934 | 0.871 | |||||||||||||
| Customer Deposits | INR bil | 1,734 | 1,995 | 2,143 | 2,071 | 2,013 | |||||||||||||
| Sight Deposits | INR bil | 260 | 253 | 1,514 | 204 | 117 | |||||||||||||
| Term Deposits | INR bil | 1,475 | 1,742 | 629 | 1,867 | 1,896 | |||||||||||||
| Issued Debt Securities | INR bil | 94.9 | 207 | 103 | 172 | 95.3 | |||||||||||||
| Other Liabilities | INR bil | 58.0 | 74.9 | 86.6 | 79.1 | 76.8 | |||||||||||||
| asset quality | |||||||||||||||||||
| Non-Performing Loans | INR bil | 71.3 | 66.2 | 103 | 209 | 225 | |||||||||||||
| Gross Loans | INR bil | 1,311 | 1,524 | 1,506 | 1,339 | 1,302 | |||||||||||||
| Total Provisions | INR bil | ... | ... | ... | ... | ... | 28.2 | 28.2 | 32.6 | 80.0 | 105 | ||||||||
| growth rates | |||||||||||||||||||
| Customer Loan Growth | % | ... | 11.0 | 16.6 | -1.49 | -14.6 | -4.91 | ||||||||||||
| Total Asset Growth | % | ... | 10.1 | 20.4 | 2.84 | -0.421 | -5.53 | ||||||||||||
| Shareholders' Equity Growth | % | ... | 12.4 | 15.9 | 11.8 | -0.215 | 1.85 | ||||||||||||
| Customer Deposit Growth | % | ... | 12.6 | 15.1 | 7.42 | -3.37 | -2.82 | ||||||||||||
| market share | |||||||||||||||||||
| Market Share in Customer Loans | % | ... | ... | ... | 2.32 | 2.33 | 2.08 | 1.58 | 1.45 | ... | |||||||||
| Market Share in Total Assets | % | 2.29 | 2.36 | 2.21 | 1.94 | 1.63 | ... | ||||||||||||
| Market Share in Customer Deposits | % | 2.76 | 2.77 | 2.63 | 2.27 | 1.89 | ... |
| ratios | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| ratios | |||||||||||||||||||
| ROE | % | 6.76 | 14.4 | 9.57 | -22.3 | -14.6 | |||||||||||||
| ROA | % | 0.326 | 0.690 | 0.469 | -1.14 | -0.777 | |||||||||||||
| Costs (As % Of Assets) | % | 1.61 | 1.76 | 1.67 | 1.24 | 1.39 | |||||||||||||
| Costs (As % Of Income) | % | 55.2 | 52.1 | 53.7 | 47.4 | 55.9 | |||||||||||||
| Capital Adequacy Ratio | % | ... | ... | ... | 14.2 | 12.7 | 12.2 | 9.63 | 10.9 | ||||||||||
| Tier 1 Ratio | % | 9.05 | 8.71 | 9.05 | 7.63 | 8.27 | |||||||||||||
| Net Interest Margin | % | 2.42 | 2.77 | 2.30 | 1.98 | 1.61 | |||||||||||||
| Interest Spread | % | ... | 2.10 | 2.49 | 2.00 | 1.68 | 1.31 | ||||||||||||
| Asset Yield | % | 8.84 | 8.33 | 7.99 | 7.57 | 6.86 | |||||||||||||
| Cost Of Liabilities | % | ... | 6.75 | 5.84 | 5.98 | 5.89 | 5.55 | ||||||||||||
| Payout Ratio | % | 19.5 | 6.72 | 18.9 | 0 | 0 | |||||||||||||
| Interest Income (As % Of Revenues) | % | 83.0 | 82.3 | 73.6 | 75.4 | 64.6 | |||||||||||||
| Fee Income (As % Of Revenues) | % | 4.58 | 3.16 | 3.51 | 2.22 | 3.11 | |||||||||||||
| Other Income (As % Of Revenues) | % | 12.5 | 14.6 | 22.8 | 22.3 | 32.3 | |||||||||||||
| Equity (As % Of Assets) | % | 4.87 | 4.69 | 5.10 | 5.11 | 5.51 | |||||||||||||
| Loans (As % Of Deposits) | % | 74.0 | 75.0 | 68.7 | 60.8 | 59.5 | |||||||||||||
| Loans (As % Assets) | % | 64.6 | 62.6 | 59.9 | 51.4 | 51.8 | |||||||||||||
| NPLs (As % Of Loans) | % | 5.44 | 4.34 | 6.82 | 15.6 | 17.3 | |||||||||||||
| Provisions (As % Of NPLs) | % | ... | ... | ... | ... | ... | 39.5 | 42.6 | 31.7 | 38.3 | 46.4 | ||||||||
| Provisions (As % Of Loans) | % | ... | ... | ... | ... | ... | 2.20 | 1.89 | 2.21 | 6.36 | 8.73 | ||||||||
| Cost of Provisions (As % Of Loans) | % | 1.50 | 1.30 | 1.29 | 4.52 | 3.63 |
| other data | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| other data | |||||||||||||||||||
| Sight (As % Of Customer Deposits) | % | 15.0 | 12.7 | 70.7 | 9.85 | 5.80 |
Get all company financials in excel:
By Helgi Library - November 2, 2019
UCO Bank's non-performing loans reached 30.1% of total loans at the end of 2018, up from 24.9% compared to the previous year. Historically, the NPL ratio hit an all time high of 30.1% in 2018 and an all time low of 1.66% in 2010. Provision coverage amounted...
By Helgi Library - November 2, 2019
UCO Bank's net interest margin amounted to 1.93% in 2018, up from 1.40% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 3.05% in 2003 and an all time low of 1.40% in 2017. The average margin in the...
By Helgi Library - November 2, 2019
UCO Bank's net interest margin amounted to 1.93% in 2018, up from 1.40% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 3.05% in 2003 and an all time low of 1.40% in 2017. The average margin in the...
By Helgi Library - November 2, 2019
UCO Bank's capital adequacy ratio reached 10.7% at the end of 2018, down from 10.9% compared to the previous year. Historically, the bank’s capital ratio hit an all time high of 21.7% in 2008 and an all time low of 9.63% in 2015. The Tier 1 ratio amounted to ...
By Helgi Library - November 2, 2019
UCO Bank's capital adequacy ratio reached 10.7% at the end of 2018, down from 10.9% compared to the previous year. Historically, the bank’s capital ratio hit an all time high of 21.7% in 2008 and an all time low of 9.63% in 2015. The Tier 1 ratio amounted to ...
By Helgi Library - November 2, 2019
UCO Bank's customer loan growth reached -7.59% in 2018, up from -10.2% compared to the previous year. Historically, the bank’s loans growth reached an all time high of 38.0% in 2004 and an all time low of -14.6% in 2015. In the last decade, the average an...
By Helgi Library - November 2, 2019
UCO Bank's customer loan growth reached -7.59% in 2018, up from -10.2% compared to the previous year. Historically, the bank’s loans growth reached an all time high of 38.0% in 2004 and an all time low of -14.6% in 2015. In the last decade, the average an...
By Helgi Library - November 2, 2019
UCO Bank generated total banking revenues of INR 58.2 bil in 2018, up 37% 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 75.7 bil in 2014 and an all time...
By Helgi Library - November 2, 2019
UCO Bank generated total banking revenues of INR 58.2 bil in 2018, up 37% 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 75.7 bil in 2014 and an all time...
By Helgi Library - November 2, 2019
UCO Bank's customer deposits reached INR 1,818 bil in 2017, down 9.66% 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. UCO Bank accounted for 1.65% of all...
UCO Bank has been growing its revenues and asset by 8.12% and 7.52% a year on average in the last 10 years. Its loans and deposits have grown by 3.74% and 7.04% a year during that time and loans to deposits ratio reached 50.2% at the end of 2018. The company achieved an average return on equity of -1.47% in the last decade with net profit growing % a year on average. In terms of operating efficiency, its cost to income ratio reached 28.1% in 2018, compared to 47.7% average in the last decade.
Equity represented 7.55% of total assets or 17.5% of loans at the end of 2018. UCO Bank's non-performing loans were 30.1% of total loans while provisions covered some 0.006% of NPLs at the end of 2018.
UCO Bank stock traded at INR 26.3 per share at the end of 2018 resulting in a market capitalization of USD 1,461 mil. Over the previous five years, stock price fell by 72.3% or 22.7% a year on average. That’s compared to an average ROE of -17.2% 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 0.586x in 2018.
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