Corporation Bank (Delisted) share price

BSE: 532179

Face value ₹2

Last traded ₹9.80 on 19 Mar 2020

Delisted on 27 May 2020.

Last announcements

The company's own last announcements before its shares stopped trading, routine notices left out.

  1. Mar 2020

Share price history

Daily closes since Jan 2015, BSE closes Jan 2007 to Jul 2007, Jul 2007 to Feb 2008, Feb 2008 to May 2008, May 2008 to Jul 2010, Nov 2012 to Aug 2013, Aug 2013 to Feb 2014, in Feb 2014, Mar 2014 to Jun 2014, Jun 2014 to Jul 2014, in Jul 2014, in Jul 2014, Jul 2014 to Aug 2014 and Aug 2014 to Jan 2015, adjusted for splits and bonuses. Earlier closes are left out: on 22 Jan 2015 the price changed in a way no corporate action on record explains.

Daily close, ₹ per share

Buyback

Q3 results, quarter to Dec 2019

Standalone: the listed company alone, without its subsidiaries. ₹ crore.

Total income
₹6,050 Cr+47.1% on a year ago · +28.4% on the quarter before
Net profit
₹421 Cr+595.0% on a year ago · +224.2% on the quarter before
Earnings per share
₹0.70+180.0% on a year ago · +218.2% on the quarter before
Net interest income
₹1,375 Cr
Profit before provisions
₹2,035 Cr
Gross bad loans
14.80%

From interest earned to net profit, ₹ crore

  1. Interest earned4,152
  2. Interest paid−2,777
  3. Net interest income1,375
  4. Other income+1,897
  5. Operating expenses−1,237
  6. Before provisions2,035
  7. Set aside for bad loans−1,313
  8. Profit before tax723
  9. Tax−302
  10. Net profit421

Corporation Bank results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Dec 2019. Results for the quarter to Mar 2020 were due by 30 May 2020, 60 days after it ends. Every company's dates are on the results calendar.

Total income and net profit by quarter, ₹ crore

  • Total income
  • Net profit
  • Loss
5,730160Mar 175,11360Jun 175,345−1,035Sep 174,841−1,240Dec 174,642−1,838Mar 184,97885Jun 184,217103Sep 184,11261Dec 184,188−6,581Mar 194,418103Jun 194,713130Sep 196,050421Dec 19

Net interest income and money set aside for bad loans by quarter, ₹ crore

  • Net interest income
  • Set aside for bad loans
934948Mar 171,0351,156Jun 171,2392,669Sep 171,2632,784Dec 171,3014,022Mar 181,5641,612Jun 181,458808Sep 181,303755Dec 181,1848,768Mar 191,299730Jun 191,334789Sep 191,3751,313Dec 19
₹ croreMar 2015Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Q1Sep 2018Dec 2018Q3Mar 2019Jun 2019Q1Sep 2019Dec 2019Q3
Total income5,3855,3355,4355,1595,2195,2415,7515,8405,7305,1135,3454,8414,6424,9784,2174,1124,1884,4184,7136,050
4,8824,9335,0034,7414,7344,7244,9564,9544,8384,4214,6264,3884,1934,1913,9713,8183,6433,9864,0074,152
On loans3,7233,7583,7533,5143,4583,2863,5373,2793,1742,8003,0622,8602,7502,9162,8412,6972,5382,6552,7002,760
On investments1,0021,0221,0421,0661,0781,2301,2201,3991,3181,2631,3261,3041,2711,0781,0181,0269981,0981,0801,096
On balances with the RBI and other banks6335101168910263971769196
Other interest1511492051561881971922683363482121851661961048999232219290
Interest paid3,7683,8523,8423,7343,7443,6933,7003,7243,9043,3863,3873,1242,8922,6262,5132,5152,4602,6872,6732,777
Net interest income1,1141,0811,1611,0079911,0311,2561,2309341,0351,2391,2631,3011,5641,4581,3031,1841,2991,3341,375
Other income5044024324174845177958868926927184544497872462945444327061,897
6526747307257507517847947728117958357618218058261,0348761,0241,237
Profit before provisions9658098636997257971,2671,3211,0559161,1638829891,5318997716948551,0162,035
Set aside for bad loans9266215641,8811,9608958279349481,1562,6692,7844,0221,6128087558,7687307891,313
Exceptional items–––––––––––––0000–––
Profit before tax39187299−1,182−1,235−97440387107−240−1,506−1,902−3,033−819116−8,074125227723
Tax−6−17110−794−724−133233228−53−300−471−662−1,194−166−12−45−1,4932297302
Net profit45204189−388−5113620615916060−1,035−1,240−1,8388510361−6,581103130421
Earnings per share––––––––₹1.39₹0.52−₹9.02−₹10.81−₹11.04₹0.51₹0.62₹0.25−₹25.27₹0.17₹0.22₹0.70
Diluted earnings per share––––––––₹1.39₹0.52−₹9.02−₹10.81−₹11.04₹0.51₹0.62₹0.25−₹25.27₹0.17₹0.22₹0.70
Earnings per share in rupees, restated for later splits and bonuses.
FigureMar 2015Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Q1Sep 2018Dec 2018Q3Mar 2019Jun 2019Q1Sep 2019Dec 2019Q3
Gross bad loans, ₹ crore7,1077,7657,72910,70714,54415,72615,61115,82817,04521,71320,68521,81822,21321,75321,71421,92120,724–20,82319,557
Net bad loans, ₹ crore4,4654,9845,0476,8979,1609,8829,56110,31511,69214,85813,08313,85414,07713,33313,53413,5216,927–6,7516,322
Gross bad loans, % of loans––––––––11.70%15.49%15.28%15.92%17.35%17.40%17.50%17.36%15.35%–15.43%14.80%
Net bad loans, % of loans––––––––8.33%11.14%10.24%10.73%11.74%11.50%11.70%11.47%5.71%–5.59%5.32%
Bad loans already provided for37.17%35.82%34.70%35.59%37.02%37.16%38.76%34.83%31.40%31.57%36.75%36.50%36.63%38.71%37.67%38.32%66.58%–67.58%67.68%
Core equity to risk-weighted loans––––––––7.99%7.65%7.00%5.77%5.68%6.10%8.70%8.84%10.39%13.00%10.89%11.42%
Tier 1 capital–––––––––––––6.40%9.00%9.10%10.52%–––
Additional tier 1 capital–––––––––––––0.30%0.30%0.26%0.13%–––
Held by the government––––––––70.76%70.76%70.76%70.76%79.87%79.90%79.90%86.77%93.50%–93.50%93.50%
Per cent, and the bad loans themselves in ₹ crore. A non-performing loan is one the borrower has stopped paying, generally for 90 days. Gross bad loans, ₹ crore, net bad loans, ₹ crore and bad loans already provided for are left blank for the year to Jun 2019: the net figure filed is above the gross one, which it cannot be, so neither is given. Gross bad loans, % of loans, net bad loans, % of loans and held by the government are left blank for the year to Jun 2019: the filing states a figure outside what this ratio can be, so it is not given.

10 years at a glance

Standalone, laid out as a bank files them.

Net interest income, Net profit, ₹ crore

  • Net interest income
  • Net profit
  • Loss
2,2101,170Mar 102,9401,413Mar 113,1471,506Mar 123,4261,435Mar 133,784562Mar 144,070584Mar 154,239−506Mar 164,451561Mar 174,838−4,054Mar 185,508−6,333Mar 19

Gross bad loans, per cent

  • Gross bad loans
17.4%11.7%11.7%17.4%15.4%Mar 10Mar 12Mar 14Mar 16Mar 18Mar 19

Corporation Bank business segments, year to Mar 2019

A reportable segment is a line of business the company must report on its own. Standalone, ₹ crore, as the company reports them. A segment at a loss has no share of profit.

Revenue by segment

₹16,918 CrTotal
  • Wholesale Banking₹7,088 Cr41.9% of total
  • Retail Banking₹5,320 Cr31.4% of total
  • Treasury Operations₹4,122 Cr24.4% of total
  • Other Banking Operations₹389 Cr2.3% of total

Profit by segment

  • Retail Banking₹499 Cr56.2% of total
  • Other Banking Operations₹388 Cr43.8% of total

Segment results by year

Standalone, ₹ crore, years to March.

  • Wholesale Banking

    Revenue, ₹ crore
    Profit, ₹ crore
  • Retail Banking

    Revenue, ₹ crore
    Profit, ₹ crore
  • Treasury Operations

    Revenue, ₹ crore
    Profit, ₹ crore
  • Other Banking Operations

    Revenue, ₹ crore
    Profit, ₹ crore
₹ croreMar 2019
Revenue of all businesses16,918
Company revenue, as in its results17,495
Revenue7,088
Profit−7,783
Margin−109.8%
Assets65,205
Liabilities58,917
Revenue5,320
Revenue4,122
Revenue389
Revenue577
Profit is before tax and finance costs, the way companies report their segments.

Income

₹ crore, years to March.

₹ croreMar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Total income8,48110,46014,51016,94219,60621,03921,14622,56219,94117,495
7,2959,13513,01815,33417,95919,55619,41119,47117,62815,623
On loans4,9796,4759,56311,44913,21614,80514,48313,27711,47110,993
On investments2,0912,3283,0703,4324,2424,1664,2095,1685,1644,120
On balances with the RBI and other banks4153642161522348223
Other interest220317349412485570698992911487
Interest paid5,0846,1969,87111,90814,17515,48615,17215,02012,79010,114
Net interest income2,2102,9403,1473,4263,7844,0704,2394,4514,8385,508
Other income1,1861,3241,4931,6081,6481,4821,7353,0902,3131,872
1,2601,6421,7841,9972,3922,5252,8803,1023,2013,486
Profit before provisions2,1372,6222,8563,0373,0393,0273,0954,4403,9503,894
Set aside for bad loans4746899501,3512,7982,5525,0263,60310,63111,943
Exceptional items–––––––––0
Profit before tax1,6621,9341,9061,686242475−1,931836−6,681−8,049
Tax492520399251−320−109−1,425275−2,627−1,716
Net profit1,1701,4131,5061,435562584−506561−4,054−6,333
Earnings per share–––––––₹5.17−₹35.30−₹30.06
Diluted earnings per share–––––––₹5.17−₹35.30−₹30.06

Balance sheet

₹ crore, at 31 March.

₹ croreMar 2019
Total assets2,13,578
Cash and balances with the RBI9,661
With banks and at call2,908
Loans given1,21,251
Investments59,979
Fixed assets1,422
Other assets18,357
Deposits1,84,568
Borrowings8,394
Other liabilities and provisions4,051
16,565
Share capital1,199
Reserves15,366

Bad loans and capital

Per cent, and the bad loans themselves in ₹ crore. A non-performing loan is one the borrower has stopped paying, generally for 90 days.

FigureMar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Gross bad loans, ₹ crore6517901,2742,0484,7377,10714,54417,04522,21320,724
Net bad loans, ₹ crore1973988691,4113,1814,4659,16011,69214,0776,927
Gross bad loans, % of loans–––––––11.70%17.35%15.35%
Net bad loans, % of loans–––––––8.33%11.74%5.71%
Bad loans already provided for69.70%49.67%31.77%31.12%32.85%37.17%37.02%31.40%36.63%66.58%
Core equity to risk-weighted loans–––––––7.99%5.68%10.39%
Tier 1 capital–––––––––10.52%
Additional tier 1 capital–––––––––0.13%
Held by the government–––––––70.76%79.87%93.50%

Margins and returns

Per cent a year, on the average of the opening and closing balance sheets.

Per centMar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Cost to income37.09%38.50%38.44%39.67%44.04%45.48%48.20%41.13%44.76%47.23%
Loans to deposits–––––––––65.69%

Per share

Standalone, ₹ per share, years to March.

₹ per shareMar 2017Mar 2018Mar 2019
Earnings per share₹5.17−₹35.30−₹30.06
Diluted earnings per share₹5.17−₹35.30−₹30.06
Market cap at the year end (₹ crore)6,0393,5167,287

Growth and returns over 3, 5 and 10 years

Standalone: the listed company alone, without its subsidiaries. Each window ends with the year to Mar 2019.

Measure10 years5 years3 years
Revenue growth, yearly rate9.3%−2.3%−6.1%
Net margin, average−0.5%−10.7%−18.0%

Where the return came from

Yearly rates to Mar 2019, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−6.2%––0.0%
3 years−9.6%––0.0%
Longer windows are left empty: a corporate action or price step on 2015-01-22 that cannot be sized sits inside this window. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record.

Corporation Bank share price by year

Each calendar year to 2020.

YearClose at year endChangeHighest closeLowest close
20209.80−61.1%25.559.80
201925.20−12.8%30.8513.75
201828.90−26.3%41.3021.70
201739.20−6.2%62.4538.15
201641.80−0.5%48.7531.30
2015BSE close42.00–74.2539.95
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2015 is from its first session, 22 Jan 2015. The 2020 close is its last trade, on 19 Mar 2020.

Recent sessions

The 10 trading days to 19 Mar 2020, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
19 Mar 20209.9010.159.509.809.897,73,913
18 Mar 202010.6510.909.9010.2510.2715,02,630
17 Mar 202010.0011.1010.0010.3010.7217,11,126
16 Mar 202010.5510.959.9010.1010.258,36,584
13 Mar 20209.7511.159.7510.7510.4616,76,302
12 Mar 202011.0011.4510.8010.8010.867,08,175
11 Mar 202013.0513.1511.7511.9512.2217,43,692
9 Mar 202014.5014.5012.5013.0513.0815,33,297
6 Mar 202016.4016.5015.2015.2015.4528,19,624
5 Mar 202019.1519.3518.6519.0019.028,65,753
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.

Ex-dateEventPrice factorWhat happened
6 Mar 2020Price move–Between two trading sessions the price moved by a fifth or more. The company made an announcement in time for trading that day or the trading day before. Not adjusted for.
22 Jan 2015Price move–Between two trading sessions the price fell 47% or more, or rose 90% or more. No corporate action is on record. Earlier prices are not shown.
19 May 2009Price move–Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for.
Where an event has no factor that can be worked out, the chart leaves out the closes before it. Any other event is noted and not adjusted for.

Company details

BSE code
532179
ISIN
INE112A01023
Former symbols
CORPBANK
Registered office
Post Box No. 88, Mangaladevi Temple Road, Pandeshwar, Mangalore 575001, Karnataka
Share registrar
KFin Technologies Ltd
Keeps the register of shareholders and handles transfers and dividend payments