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Fundamentals for Central Bank of India
Business Operations:
Sector: Financial ServicesIndustry: Banks - Regional
Central Bank of India operates as a commercial bank in India. The company offers deposit products, which include savings and current accounts, time deposits, fixed deposits, and recurring deposit schemes, as well as small saving scheme; and loans, including housing, vehicle, property, personal, senior citizens, education, and agricultural, as well as micro small and medium enterprises loans. It provides credit, debit, and prepaid/gift cards, as well as cash management, mutual funds, depository, mobile and Internet banking, and ATM services. In addition, the company offers corporate loans, such as project finance, infrastructure funding, financing to infrastructure investment trusts, short term corporate loans, advances, working capital facilities, line of credit, export finance, foreign currency loan, bills purchase/discount/negotiation facilities, non-fund based facilities, and facilities to other industries. Further, the company sells and distributes life, general, and health insurance products, including unit linked, whole life, children, money back, endowment, pension, health, property, personal, fire, burglary, engineering, motor, package, travel, and group insurance products, as well as protection and retirement solutions. It operates through a network of branches, ATMs, satellite offices, and an extension counter. Central Bank of India has a strategic co lending partnership with IIFL Home Finance Limited to offer SME LAP loan products under priority sector to MSME borrowers. The company was incorporated in 1911 and is headquartered in Mumbai, India.
Revenue projections:
Financial Ratios:
| currentRatio | 0.00000 |
|---|---|
| forwardPE | 0.00000 |
| debtToEquity | 0.00000 |
| earningsGrowth | -0.35400 |
| revenueGrowth | 0.44800 |
| grossMargins | 0.00000 |
| operatingMargins | 0.34407 |
| trailingEps | 5.00000 |
| forwardEps | 0.00000 |
CENTRALBK's low growth in both earnings and revenue signals a potential profit decline. This could be a sign of financial trouble, suggesting that the company's profitability might shrink in the near future.
CENTRALBK's negative gross and operating margins suggest that the company is currently losing money, unable to generate profit from production or operations. This could signal inefficiencies in cost control or a drop in sales.
Insider Transactions:
There were 1 transactions selling CENTRALBK stock, with prevailing market price of 31.270000457763672.During the period under consideration, there were no sell transactions.The higher number of buys versus sells near Central Bank of India's current price suggests optimism among investors. This buying trend could be interpreted as a sign that the market expects favorable outcomes for the stock in the near future.
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