Central bank share prices can feel like a mystifying puzzle, shrouded in layers of economic policy, interest rates, and global market trends. Yet, understanding this intricate dance can offer valuable insights for investors.
- Current Share Price of Central Bank Of India
- Market Performance of Central Bank Of India
- Key Statistics of Central Bank of India
- Market Capitalization of Central Bank of India
- Price Trends of Central Bank of India
- Earnings And Financials of Central Bank Of India
- Is Central Bank of India central government or private?
- Who is the owner of Central Bank?
- Is central bank under RBI?
- Frequently Asked Questions
Current Share Price of Central Bank Of India
Central Bank Share Price Returns
| 1 Day | 10.32% |
| 1 Week | 22.23% |
| 1 Month | 31.89% |
| 3 Months | 55.57% |
| 1 Year | 145.78% |
| 3 Years | 362.5% |
| 5 Years | 134.02% |
Market Performance of Central Bank Of India
| Timeframe | Performance | Change |
|---|---|---|
| Year-to-date (YTD) | +19.18% | Positive growth |
| 1 Month | -4.50% | Recent correction |
| 1 Week | -0.73% | Downward trend |
| Today (Dec 29, 2023, 4:42 PM IST) | ₹42.05 | Current price |
- Stock Price Movement: Investors track the movement of Central Bank of India’s stock price over time to assess its performance in the stock market. Stock price movements reflect market sentiment, investor expectations, and factors affecting the bank’s financial performance and outlook.
- Market Capitalization: Central Bank of India’s market capitalization, calculated by multiplying its current stock price by the total number of outstanding shares, provides a measure of the bank’s total market value as perceived by investors in the stock market.
- Trading Volume: The trading volume of Central Bank of India’s stock, which represents the total number of shares traded during a specific period, indicates the level of investor interest and activity in the stock. Higher trading volumes may suggest increased investor participation and liquidity in the stock.
- Price-to-Earnings (P/E) Ratio: The price-to-earnings ratio, calculated by dividing Central Bank of India’s stock price by its earnings per share (EPS), is a valuation metric used to assess the bank’s stock relative to its earnings. A higher P/E ratio may indicate that the stock is relatively expensive compared to its earnings, while a lower P/E ratio may suggest that the stock is undervalued.
- Dividend Yield: Central Bank of India’s dividend yield, calculated by dividing its annual dividend per share by its current stock price and expressed as a percentage, indicates the bank’s dividend payout relative to its stock price. A higher dividend yield may be attractive to income-oriented investors.
- Analyst Recommendations: Analysts’ recommendations and price targets for Central Bank of India’s stock provide insights into market sentiment and expectations regarding the bank’s future performance. Analysts’ ratings and forecasts are based on factors such as financial analysis, industry trends, and macroeconomic factors.
Key Statistics of Central Bank of India
| Statistic | Value | Date |
|---|---|---|
| Current Price | ₹42.05 | December 29, 2023 |
| Year-to-Date (YTD) Change | +19.18% | December 29, 2023 |
| 1 Month Change | -4.50% | December 29, 2023 |
| 1 Week Change | -0.73% | December 29, 2023 |
| 52-Week High | ₹56.00 | December 26, 2023 |
| 52-Week Low | ₹22.25 | March 08, 2023 |
| Market Capitalization | ₹53,534.91 Crore | December 29, 2023 |
| P/E Ratio | 19.96 | December 29, 2023 |
| Dividend Yield | – | December 29, 2023 |
| Beta | 1.4417 | December 29, 2023 |
| Trading Volume (Today) | 10,766,910 shares | December 29, 2023 |
- Market Capitalization: The total market value of Central Bank of India’s outstanding shares, calculated by multiplying the current market price per share by the total number of shares outstanding.
- Price-to-Earnings (P/E) Ratio: The ratio of Central Bank of India’s stock price to its earnings per share (EPS), which indicates how much investors are willing to pay for each unit of earnings.
- Return on Assets (ROA): A measure of Central Bank of India’s profitability, calculated by dividing its net income by its total assets, indicating how efficiently the bank is using its assets to generate profits.
- Return on Equity (ROE): A measure of Central Bank of India’s profitability from the perspective of its shareholders, calculated by dividing its net income by its shareholder’s equity, indicating how effectively the bank is using shareholders’ equity to generate profits.
- Net Interest Margin (NIM): The difference between the interest income earned by Central Bank of India from its lending activities and the interest expenses paid on its deposits and other borrowings, expressed as a percentage of its interest-earning assets.
- Asset Quality: Metrics such as Non-Performing Assets (NPAs) ratio, which measures the proportion of Central Bank of India’s loans that are not generating income due to default or non-payment by borrowers.
- Capital Adequacy Ratio (CAR): A measure of Central Bank of India’s capital strength and ability to absorb losses, calculated as the ratio of its capital to its risk-weighted assets, as per regulatory requirements.
Market Capitalization of Central Bank of India
The current market capitalization of Central Bank of India (Centralbk) is ₹53,534.91 Crore as of today, Friday, December 29, 2023, at 4:42 PM IST. This means that the total value of all outstanding shares of the bank is approximately ₹53,534.91 billion.
- Market capitalization is calculated by multiplying the current share price by the total number of outstanding shares.
- It is a key indicator of a company’s size and relative importance in the market.
- Centralbk’s market cap places it among the larger public sector banks in India.
Price Trends of Central Bank of India
Earnings And Financials of Central Bank Of India
- Income Statement: Central Bank of India’s income statement provides a summary of its revenues, expenses, and net income over a specific period, typically quarterly or annually. Key components of the income statement include:
- Net Interest Income (NII): Revenue generated from interest earned on loans and investments minus interest paid on deposits and borrowings.
- Non-Interest Income: Revenue from sources other than interest, such as fees and commissions from banking services, trading income, and other operating income.
- Operating Expenses: Costs incurred in running the bank, including salaries, rent, administrative expenses, and provisions for bad debts.
- Net Profit: The bank’s bottom-line earnings after deducting all expenses from total revenues.
- Balance Sheet: Central Bank of India’s balance sheet provides a snapshot of its financial position at a specific point in time, typically at the end of a reporting period. Key components of the balance sheet include:
- Assets: Total resources owned by the bank, including cash, loans, investments, and other assets.
- Liabilities: Total obligations owed by the bank, including deposits, borrowings, and other liabilities.
- Shareholders’ Equity: The bank’s net worth, representing the difference between its total assets and total liabilities.
- Asset Quality: Central Bank of India’s asset quality is assessed by metrics such as Non-Performing Assets (NPAs), which are loans that are not generating income due to default or non-payment by borrowers. The bank’s provision for bad debts and its coverage ratio for NPAs are also important indicators of asset quality.
- Capital Adequacy: Central Bank of India’s capital adequacy ratio (CAR) is a measure of its capital strength and ability to absorb losses. The CAR is calculated as the ratio of the bank’s capital to its risk-weighted assets and is subject to regulatory requirements.
- Profitability Ratios: Profitability ratios such as Return on Assets (ROA) and Return on Equity (ROE) measure Central Bank of India’s ability to generate profits from its assets and equity capital, respectively.
Is Central Bank of India is Private or Government?
- Central Bank of India website: On their official website, it clearly states, “Central Bank of India is a Public Sector Bank constituted by the Banking Companies (Acquisition & Transfer of undertakings) Act, 1970.” [Source: [<invalid URL removed>]]
- Government of India shareholding: As of 2023, the Government of India holds a majority stake of 93.08% in the bank’s shares, solidifying its status as a public sector entity. [Source: [<invalid URL removed>]]
Who is the owner of Central Bank of India?
Central Bank of India is a public sector bank in India, and its ownership lies with the Government of India. As a government-owned bank, it operates under the regulatory oversight of the Reserve Bank of India (RBI) and is governed by the policies and guidelines set forth by the Government of India and the RBI. While it is owned by the government, Central Bank of India functions as a separate legal entity with its own management structure and operations.
Is Central Bank under RBI?
Yes, Central Bank of India, like all other commercial banks in India, operates under the regulatory supervision of the Reserve Bank of India (RBI). The RBI is the central banking institution in India, responsible for formulating and implementing monetary policy, regulating and supervising the banking sector, and maintaining the stability of the financial system.
While Central Bank of India has its own board of directors and management, the RBI provides regulatory oversight to ensure the bank complies with prudential norms, capital adequacy requirements, and other regulatory guidelines. The relationship between commercial banks, including Central Bank of India, and the RBI is characterized by a regulatory framework that aims to maintain the stability and integrity of the banking system in the country.
What is the Role of a Central Bank?
Currency Regulator- The central bank’s major role is to issue currency notes, and the Reserve Bank of India has sole authority in the country to do so. Except for the 1 rupee note, the Reserve Bank of India prints money in all denominations. The finance ministry is in charge of issuing a 1 rupee note.
Banker and Government Advisor- The central bank serves as a fiscal agent for the government, holding the deposits of both the federal and state governments. It also buys and sells foreign currency and pays on account of the state. A reserve bank’s varied functions as an advisor include making meaningful recommendations to the government on financial authorities and other economic troubles.
Commercial Bank Custodian- Commercial banks are required by law to maintain a reserve equal to a specified amount of the (net demand and liabilities). The minimum proportion of deposits of cash that banks have to keep is known as the Cash Reserve Ratio or the CRR. Whereas the SLR or the Statutory Liquidity Ratio refers to the minimum percentage of the total deposits that banks have to keep in form of cash, gold, or other securities. By processing payments from one banking to another, these reserves assist commercial banks in clearing checks. As a curator and borrower of currency reserves to commercial banks, the bank enables these transactions
Manages Foreign Exchange Reserves- The Reserve bank of India trades foreign currency at international prices to keep foreign exchange rates constant. If the quantity of foreign currency in the economy falls, the RBI sells it at forex markets, and if there is an excess supply, it buys it. The Reserve Bank of India also serves as a central bank for foreign exchange.
Frequently Asked Questions
The BSE Sensex is currently down 0.35%, which might be influencing Centralbk’s recent downward trend.
As of 5:22 PM IST on Friday, December 29, 2023, the current share price of Central Bank of India (Centralbk) is ₹42.05.
- Internal factors like financial performance (profitability, NII, NPA ratio)
- External factors like broader market trends, economic anxieties, and interest rates
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