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Compare Corporation Bank with Canara Bank - Equitymaster

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CORPORATION BANK vs CANARA BANK - Comparison Results

CORPORATION BANK    Change

Considered one of the better managed PSU banks, Corporation Bank had a 2.3% share of the total non-food credit in FY12. The bank managed to grow its advance book by nearly 16% YoY in FY12, largely due to focus on the retail, agri and SME segments. Th... More

CANARA BANK 
   Change

Canara Bank is the fourth largest bank in the country in terms of asset size after SBI, ICICI Bank and PNB. The bank had 5% share of the total non-food credit and 4.8% share of the total deposits in the banking sector in FY10. The bank has national p... More

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Current Valuations

    CORPORATION BANK CANARA BANK CORPORATION BANK/
CANARA BANK
 
P/E (TTM) x -0.8 -3.0 - View Chart
P/BV x 0.2 0.3 63.1% View Chart
Dividend Yield % 0.0 0.0 -  

Financials

 CORPORATION BANK   CANARA BANK
EQUITY SHARE DATA
    CORPORATION BANK
Mar-18
CANARA BANK
Mar-18
CORPORATION BANK/
CANARA BANK
5-Yr Chart
Click to enlarge
High Rs62463 13.5%   
Low Rs29225 12.8%   
Income per share (Unadj.) Rs105.8563.9 18.8%  
Earnings per share (Unadj.) Rs-24.3-53.9 45.1%  
Cash flow per share (Unadj.) Rs-84.6-172.3 49.1%  
Dividends per share (Unadj.) Rs00-  
Avg Dividend yield %00-  
Book value per share (Unadj.) Rs65.4503.2 13.0%  
Shares outstanding (eoy) m1,665.55733.24 227.1%   
Bonus/Rights/Conversions ---  
Avg Price / Income ratio x0.40.6 70.6%   
Avg P/E ratio x-1.9-6.4 29.4%  
Avg P/CF ratio x1.22.1 56.0%  
Avg Price/Bookvalue ratio x0.70.7 102.0%  
Dividend payout %00-   
Avg Mkt Cap Rs m75,949252,235 30.1%   
No. of employees `00019.458.9 33.0%   
Total wages & salary Rs m15,93454,441 29.3%   
Avg. income/employee Rs Th9,077.97,024.9 129.2%   
Avg. wages/employee Rs Th820.6925.0 88.7%   
Avg. net profit/employee Rs Th-2,085.6-671.4 310.6%   
INCOME DATA
Interest income Rs m176,284413,453 42.6%  
Other income Rs m23,19073,980 31.3%   
Interest expense Rs m127,894291,129 43.9%   
Net interest income Rs m48,389122,324 39.6%  
Operating expense Rs m32,11098,378 32.6%   
Gross profit Rs m16,28023,946 68.0%  
Gross profit margin %9.25.8 159.5%  
Provisions/contingencies Rs m106,313162,006 65.6%   
Profit before tax Rs m-66,753-63,509 105.1%   
Extraordinary Inc (Exp) Rs m00-   
Minority Interest Rs m0789 0.0%   
Prior Period Items Rs m00-   
Tax Rs m-26,253-23,206 113.1%   
Profit after tax Rs m-40,499-39,514 102.5%  
Net profit margin %-23.0-9.6 240.4%  
BALANCE SHEET DATA
Advances Rs m1,198,6883,820,746 31.4%   
Deposits Rs m1,833,0915,248,470 34.9%  
Credit/Deposit ratio x65.472.8 89.8%  
Yield on advances %9.67.6 125.7%   
Cost of deposits %6.35.2 122.8%   
Net Interest Margin %2.42.1 115.7%  
Net fixed assets Rs m12,29383,353 14.7%   
Share capital Rs m3,3317,333 45.4%   
Free reserves Rs m39,022143,197 27.3%   
Net worth Rs m108,878368,977 29.5%   
Borrowings Rs m221,711389,095 57.0%   
Investments Rs m703,7931,574,436 44.7%   
Total assets Rs m2,219,2626,314,355 35.1%  
Debt/equity ratio x18.915.3 123.5%   
Return on assets %-1.8-0.6 291.6%  
Return on equity %-37.2-10.7 347.3%  
Capital adequacy ratio %10.913.2 82.3%  
Net NPAs %11.77.5 157.0%  
CASH FLOW
From Operations Rs m-159,970-111,202 143.9%  
From Investments Rs m-1,297-5,529 23.5%  
From Financial Activity Rs m23,94428,649 83.6%  
Net Cashflow Rs m-137,323-87,428 157.1%  

Share Holding

Indian Promoters % 63.3 67.7 93.5%  
Foreign collaborators % 0.0 0.0 -  
Indian inst/Mut Fund % 26.4 13.1 201.5%  
FIIs % 2.7 9.0 30.0%  
ADR/GDR % 0.0 0.0 -  
Free float % 7.6 8.9 85.4%  
Shareholders   58,473 145,041 40.3%  
Pledged promoter(s) holding % 0.0 0.0 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare CORPORATION BANK With:   J&K BANK  ICICI BANK  FEDERAL BANK  SYNDICATE BANK  BANK OF INDIA  

Compare CORPORATION BANK With:   DEUTSCHE BANK (Germany)  WELLS FARGO (US)  



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