Is Corporation Bank - (Amalgamated) a good quality company?

MoneyWorks4Me analysed the past 10-year performance of Corporation Bank - (Amalgamated) and arrived at the following conclusion.

Is the current market price of Corporation Bank - (Amalgamated) a good price to buy it?

The 5-year analysis of Corporation Bank - (Amalgamated)'s performance infers.

What is Corporation Bank - (Amalgamated) share price return in the past 10 years?

We analysed the performance of Corporation Bank - (Amalgamated) share prices over the last 10 years. Here is what we found out:

What is a Financial Track Record? How to read this chart in order to understand the data present here?

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance

Difference between Standalone Basis and Consolidated basis? Which method is preferred for Corporation Bank - (Amalgamated)

Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.

What is CAGR? What does CAGR table indicate for Corporation Bank - (Amalgamated)?

Compounded average growth rate (CAGR) measures the average annual growth rate compounded year-on-year over a period of time.

Corporation Bank introduces external benchmark linked home loan product

Corporation Bank - (Amalgamated) | Bank - Public | BFSI | BSE: 532179 | NSE: CORPBANK

03 Sep 2019

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Corporation Bank has introduced an external benchmark linked home loan product in the Bank. RBI's Repo rate has been selected as the external benchmark for this purpose. Now, with this new variant, customers will have the option to select between MCLR linked rate, which is indexed to the Bank's cost of funds or RLLR rate (Repo Linked Lending Rate), which is linked to RBI's Repo Rate.

The RLLR of the Bank has been fixed at 8.20% (i.e. Repo Rate + 2.80%). With the introduction of RLLR rate, the customers can now avail home loans starting at 8.50%.

Corporation Bank is a Mangalore-based mid-sized public sector bank which was established in 1906.

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