Central Bank of India (CENTRALBK) Share Price & Analysis
Central Bank of India (CENTRALBK) — Banks - Regional
Central Bank of India Key Fundamental Metrics
Executive Investment Overview & Business Profile
Central Bank of India currently trades at an attractive P/E ratio of 6.251984, reflecting a discounted valuation compared to broader sector averages.
Central Bank of India is one of the premier companies in India's Banking sector. Currently trading at ₹31.51 with a market capitalization of ₹28520.97 Cr, the company occupies a key position in the Indian equity market.
Investors evaluating Central Bank of India focus closely on its capital return metrics: Return on Equity (ROE) stands at 11.56% alongside operating margins of 39.67%. The company's earnings multiple of 6.251984 P/E provides a clear signal of market expectation relative to sector peers.
Company Profile & Information
Central Bank of India operates as a commercial bank in India. The company offers deposit products, which include savings and current accounts, time deposits, recurring deposit schemes, and small saving scheme; and loans, including housing, vehicle, property, personal, pensioner, education, and agricultural, as well as micro small and medium enterprises loans. It also 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. Central Bank of India was incorporated in 1911 and is headquartered in Mumbai, India