Indian Overseas Bank's earnings have grown by 0%, whereas share price has declined -3.6% CAGR over the past five years, indicating the company’s share price is likely undervalued. However, for specific investment actions please consult your investment advisor.
Indian Overseas Bank share price has declined -13.8% annually (CAGR) over the past ten years.
Past 10 years financial track record analysis by Moneyworks4me indicates that Indian Overseas Bank is a below average long term investment. However, you need to ensure you buy at a right price to earn good returns.
Indian Overseas Bank (IOB) was founded on February 10, 1937 by Shri. M.Ct.M. Chidambaram Chettyar, a pioneer in many fields. The Bank was founded by him with the main objective of specializing in foreign exchange business in banking to take the Bank across the globe. IOB was one of the major banks that were nationalized in 1969.
Business area of the Bank
Indian Overseas Bank is a pioneer in many fields - Banking, Insurance and Industry with the twin objectives of specialising in foreign exchange business and overseas banking.
Product and services offered by the bank
Awards and Accolades