CORPORATION BANK has announced its results for the quarter ended June 2019. Here is a detailed performance review of the same:
No. of Mths Qtr. Ending | 3 Jun-18* | 3 Mar-19* | 3 Jun-19* | QoQ Change | YoY Change | |
---|---|---|---|---|---|---|
Operating income | Rs m | 41,906 | 36,434 | 39,856 | 9.4% | -4.9% |
Other income | Rs m | 7,873 | 5,443 | 4,323 | -20.6% | -45.1% |
Total revenues | Rs m | 49,779 | 41,877 | 44,179 | 5.5% | -11.3% |
Interest | Rs m | 26,264 | 24,597 | 26,869 | 9.2% | 2.3% |
Gross Profit | Rs m | 15,642 | 11,836 | 12,987 | 9.7% | -17.0% |
Other expenses | Rs m | 8,210 | 10,341 | 8,760 | -15.3% | 6.7% |
Profit before tax | Rs m | -814 | -80,740 | 1,254 | ||
Tax | Rs m | -1,664 | -14,925 | 222 | ||
Profit after tax | Rs m | 850 | -65,815 | 1,033 | 21.6% | |
Gross profit margin | % | 37.3 | 32.5 | 32.6 | ||
Effective tax rate | % | 204.4 | 18.5 | 17.7 | ||
Net profit margin | % | 2.0 | -180.6 | 2.6 |
To see how CORPORATION BANK has performed over the last eight quarters,please visit here.
Over the last one year,CORPORATION BANK share price has moved down from Rs 28.2 to Rs 21.8, registering a Loss of Rs 6.4 or around 22.6%.
Meanwhile, the S&P BSE BANKEX is trading at Rs 31,093.7 (down 2.5%). Over the last one year it has moved up from 31,079.3 to 31,093.7, a gain of 14 points (up 0.0%).
Overall, the S&P BSE SENSEX is down 1.7% over the year.
At the current price of Rs 21.8, the price to book value (P/BV) ratio of CORPORATION BANK stands at 0.1 times.
A timeline of how YES Bank went from a stock market darling to a pariah.
Top factors that dragged the markets lower today.
For the quarter ended September 2019, CORPORATION BANK has posted a net profit of Rs 1 bn (up 26.0% YoY). Sales on the other hand came in at Rs 40 bn (up 0.9% YoY). Read on for a complete analysis of CORPORATION BANK's quarterly results.
For the quarter ended March 2019, CORPORATION BANK has posted a net profit of Rs 66 bn (down 258.0% YoY). Sales on the other hand came in at Rs 36 bn (down 13.1% YoY). Read on for a complete analysis of CORPORATION BANK's quarterly results.
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