Indian Overseas Bank Share Price and Company Fundamentals



Price
₹24.05
Change
1.050 (4.565%)
52 week
15.25 - 24.85

Last traded: Today at 10:00 AM

Indian Overseas Bank provides various banking products and services in India and internationally. The company operates through Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations segments. It accepts various deposits, such as demand, savings, current, fixed, and term deposits; foreign currency (nonresident) accounts. The company's loan products include home, vehicle, jewel, clean, education, reverse mortgage, personal, agricultural, and corporate loans, as well as loan against the property; and micro, small, and medium enterprise loans. It also provides debit and credit cards, prepaid cards, NRI accounts, agricultural and rural banking products, merchant banking, payment, and internet banking services; and health, property, home, motor, and general insurance products. As of March 31, 2022, it operated 3,214 branches, 3,355 ATMs, and 2,659 business correspondents in India; and 4 overseas branches in Singapore, Hong Kong, Colombo, and Bangkok. The company was founded in 1937 and is based in Chennai, India.

Key Metrics

PE ratio

27.95

PB ratio

1.81

Dividend yield

0.00%

Beta

0.95

Market cap

-

Enterprise value

-

Company profile

Industry / Sector Banks—Regional / Financial Services
Full time employees 22369
Website https://www.iob.in
Mailing address 763 Anna Salai Chennai 600002 India
Phone / Fax 91 44 2852 4212 / 91 44 2858 5675

Dividends

Dividend yield

0.00%

Dividend amount

₹0.00

Payout ratio

0.00%

Indian Overseas Bank paid ₹0.00 dividend and the ex-dividend date was 19 June 2014.The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.IOB dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

IOB's forward dividend amount is ₹ and the forward dividend yield is . A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Dec 2022, following are the company executives and directors listed on Indian Overseas Bank.

Name Title Age Total Pay
Mr. Partha Pratim Sengupta MD, CEO & Exec. Director 59 3.47M
Mr. Ajay Kumar Srivastava Exec. Director 54 3.27M
Madam Sridhar Srimathy B.Com., CAIIB, M.B.A. Exec. Director 57 2.95M
Mr. Mahesh Kumar CFO & GM 56
Mr. S. Nandakumaran A.C.S., CAIIB Company Sec., Compliance Officer & Deputy GM
Mr. M. S. Ramani Principal of Staff Training College
Mr. Eapen Joseph Chief Regional Mang. of Kochi Operations
Mr. M. S. Venkatesan Chief Mang.
Mr. A. Chandramohan Chief Mang.
C. M. Sukumaran Chief Mang.

Profitability and management effectiveness

Profit margin

24.91%

Operating margin

25.75%

Return on assets

0.59%

Return on equity

8.34%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Indian Overseas Bank is and its enterprise value is .

The IOB's stocks Beta value is 0.95 making it 5% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Indian Overseas Bank (NSE:IOB) Frequently Asked Questions

1. What is Indian Overseas Bank's Stock Symbol?

Indian Overseas Bank trades on NSE under the ticker symbol "IOB".

2. What is Indian Overseas Bank's stock price today?

One share of IOB stock can currently be purchased for approximately ₹24.05.

3. How can I contact Indian Overseas Bank?

Indian Overseas Bank's mailing address is 763 Anna Salai Chennai 600002 India. The company can be reached via phone at 91 44 2852 4212.

4. What is Indian Overseas Bank's official website?

The official website of Indian Overseas Bank is https://www.iob.in.