Central Bank of India (CENTRALBK) AI Stock Analysis

• Market Cap: ₹338.52B
• Dividend Yield: 1.58%
• Average Volume (3M): 551.31K
• Price to Earnings (P/E): 6.9
• Beta (1Y): 1.73
• Revenue Growth: 6.84%
• EPS Growth: 31.01%
• Country: IN
• Employees: 31,610
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 1.40
• Shares Outstanding: 9,051,401,000
• 10 Day Avg. Volume: 611,297
• 30 Day Avg. Volume: 551,307
• PEG Ratio: 0.19
• Price to Book (P/B): 0.97
• Price to Sales (P/S): 0.90
• P/FCF Ratio: -12.30
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 78 Outperform
• Price Target: ₹44.00 ▲(14.08% Upside)

Central Bank of India receives a strong overall score driven by robust financial performance and attractive valuation. The bank's revenue growth and profitability are commendable, although cash flow challenges and high liabilities require attention. Technical indicators support a positive trend, enhancing the stock's outlook. The absence of earnings call and corporate events data does not detract from the solid fundamentals and valuation appeal.

Positive Factors

Revenue Growth

The bank's robust revenue growth indicates a strong market position and effective business strategies, enhancing its long-term financial stability.

Profitability

Improved profitability margins reflect efficient cost management and operational effectiveness, supporting sustainable financial performance.

Operational Efficiency

Positive trends in EBIT and EBITDA margins demonstrate the bank's ability to manage costs effectively, contributing to long-term operational success.

Negative Factors

Cash Flow Challenges

Persistent negative operating cash flow suggests challenges in generating cash from core operations, potentially impacting liquidity and investment capacity.

High Liabilities

High liabilities relative to assets may present risks if not managed effectively, potentially affecting the bank's financial flexibility and stability.

Reliance on Non-Operational Sources

Dependence on non-operational sources for liquidity may indicate underlying issues in core business operations, posing long-term financial risks.

Central Bank of India Business Overview & Revenue Model

Company Description

Central Bank of India operates as a commercial bank in India. The company offers deposit products, which include savings and current accounts, time deposits, fixed deposits, and recurring deposit schemes, as well as small saving scheme; and loans, including housing, vehicle, property, personal, senior citizens, 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. As of March 31, 2022, it operated through a network of 4,528 branches; 2,976 ATMs; 10 satellite offices; and 1 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. The company was incorporated in 1911 and is headquartered in Mumbai, India.

How the Company Makes Money

Central Bank of India generates revenue primarily through the interest income earned from loans and advances given to customers. This includes personal loans, business loans, and mortgages. Additionally, the bank earns income from fees and commissions related to various services such as account maintenance, transaction processing, and financial advisory services. Investment income from the bank's holdings in government securities, bonds, and other financial instruments also contributes significantly to its revenue. Furthermore, Central Bank of India has strategic partnerships with various financial institutions and government schemes which enhance its service offerings and customer base, thereby improving its earnings potential.

Central Bank of India Financial Statement Overview

Summary

Central Bank of India demonstrates robust growth in revenue and profitability, supported by strong margins and improving operational efficiency. While the balance sheet shows a solid equity position, the high level of liabilities requires careful management. Cash flow challenges persist, with negative operating cash flows, but improvements in free cash flow suggest better cash management. Overall, the bank is on a positive financial trajectory but must address cash flow sustainability and leverage risks.

Income Statement

Central Bank of India exhibits strong revenue growth with a significant increase in total revenue from 2024 to 2025. The gross profit margin is healthy, and the net profit margin has improved considerably, reflecting enhanced profitability. EBIT and EBITDA margins also show positive trends, indicating efficient cost management and operational profitability. However, historical fluctuations in EBIT from negative to positive suggest past volatility.

Balance Sheet

The bank maintains a strong equity base, with an improving debt-to-equity ratio, indicating prudent leverage management. Return on Equity has shown an upward trajectory, reflecting the bank's ability to generate profits from shareholders' equity. The equity ratio is stable, suggesting a good balance between assets funded by equity and liabilities. However, the high total liabilities relative to assets may present potential risks if not managed effectively.

Cash Flow

Operating cash flow remains negative, though improving compared to previous years, which could indicate challenges in generating cash from core operations. Free cash flow has shown growth, enhancing the bank's ability to fund operations and investments without relying heavily on external financing. The ratios of operating cash flow and free cash flow to net income suggest reliance on non-operational sources for liquidity, which could be a risk factor.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	405.69B	396.92B	355.77B	297.43B	258.62B	259.61B
Gross Profit	203.19B	198.63B	176.94B	158.38B	125.01B	114.18B
EBITDA	50.09B	45.01B	31.76B	20.74B	13.61B	-5.86B
Net Income	42.74B	39.34B	26.68B	16.79B	10.57B	-8.84B
Balance Sheet
Total Assets	4.83T	4.80T	4.48T	4.07T	3.87T	3.70T
Cash, Cash Equivalents and Short-Term Investments	480.22B	361.97B	376.08B	441.02B	530.97B	389.54B
Total Debt	71.11B	218.20B	213.77B	100.04B	94.73B	69.60B
Total Liabilities	4.45T	4.43T	4.15T	3.78T	3.60T	3.43T
Stockholders Equity	379.49B	368.81B	323.74B	292.17B	275.49B	264.97B
Cash Flow
Free Cash Flow	0.00	-29.15B	-64.97B	-89.99B	141.19B	-22.09B
Operating Cash Flow	0.00	-24.60B	-59.10B	-87.86B	142.77B	-20.03B
Investing Cash Flow	0.00	-4.51B	-516.60B	-2.09B	-1.33B	-2.02B
Financing Cash Flow	0.00	15.00B	257.66B	166.11B	128.36B	211.82B

Central Bank of India Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 38.57
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:CENTRALBK, the sentiment is Positive. The current price of 38.57 is above the 20-day moving average (MA) of 37.30, above the 50-day MA of 37.14, and above the 200-day MA of 37.08, indicating a bullish trend. The MACD of -0.12 indicates Positive momentum. The RSI at 52.39 is Neutral, neither overbought nor oversold. The STOCH value of 47.32 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:CENTRALBK.

Central Bank of India Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CENTRALBK	78 Outperform	₹338.52B	6.87	―	1.58%	6.84%	31.01%
KARURVYSYA	76 Outperform	₹291.26B	12.67	―	0.86%	13.61%	16.82%
UCOBANK	75 Outperform	₹366.03B	14.15	―	1.35%	17.33%	45.79%
MAHABANK	71 Outperform	₹501.64B	7.75	―	2.60%	18.36%	14.53%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
PSB	65 Neutral	₹197.90B	16.14	―	0.26%	18.54%	67.80%
BANDHANBNK	52 Neutral	₹249.06B	24.72	―	1.00%	6.70%	-55.95%

Central Bank of India Corporate Events

Central Bank of India Posts Robust Q3 FY26 Provisional Business Growth

Central Bank of India has reported strong provisional business figures for the quarter ended 31 December 2025, with total business rising 15.8% year-on-year to ₹7.74 lakh crore. Total deposits grew 13.23% to ₹4.51 lakh crore, while gross advances increased by 19.57% to ₹3.24 lakh crore, pushing the credit-deposit ratio up to 72.06%. Although CASA deposits increased in absolute terms, the CASA share in total deposits declined to 47.12%, indicating relatively faster growth in non-CASA deposits. These unaudited provisional numbers, disclosed under SEBI’s fair disclosure norms, signal robust growth in lending and overall balance sheet expansion, which may have implications for the bank’s profitability, funding mix and competitive positioning in the public sector banking space once finalized and audited.

India Ratings Reaffirms ‘IND AA/Stable’ Rating for Central Bank of India and Its Tier II Bonds

India Ratings & Research has reaffirmed Central Bank of India’s long-term issuer rating at ‘IND AA’ with a Stable outlook, indicating continued confidence in the bank’s credit profile. The agency also reaffirmed the ‘IND AA/Stable’ rating on the bank’s proposed Basel III-compliant Tier II bonds, with Rs 1,000 crore of this bond programme still unutilised, underscoring the bank’s maintained access to capital markets and stable standing with credit rating agencies, which is important for its future fundraising and cost of capital.

Central Bank of India Announces Management Change

Central Bank of India announced the retirement of Shri Pravin Keshav Kini, the General Manager of Emerging Business, effective November 30, 2025. This change in management could impact the bank’s strategic direction in emerging business sectors, potentially affecting its market positioning and stakeholder interests.

Central Bank of India Releases Q2 FY’26 Earnings Call Transcript

Central Bank of India has released the transcript of its earnings call held on October 17, 2025, discussing the financial results for the second quarter and half-year ending September 30, 2025. This release, available on the bank’s website, provides insights into the bank’s financial performance and strategic direction, potentially impacting stakeholders’ perspectives on the bank’s future operations and market positioning.

Central Bank of India Announces Record Date for Interim Dividend

Central Bank of India has announced to its shareholders the record date for the second interim dividend payment and the related tax deduction at source (TDS) information. This announcement was published in multiple newspapers, including Financial Express, Jansatta, and Loksatta, to ensure shareholders are informed about the upcoming financial proceedings.

Central Bank of India Declares Second Interim Dividend for FY 2025-26

Central Bank of India has announced the approval of a second interim dividend of 2%, equivalent to Rs.0.20 per equity share, for the financial year 2025-26. The record date for determining the entitlement of members for this dividend is set for October 27, 2025, which may impact shareholder returns and reflect the bank’s financial health and strategic decisions.

Central Bank of India Schedules Earnings Call for Q2 FY26

Central Bank of India has announced a virtual conference call scheduled for October 17, 2025, to discuss its financial performance for the second quarter and half-year ended September 30, 2025. This call, which will include senior management, aims to provide insights into the bank’s financial health and strategic direction, potentially impacting investor perceptions and market positioning.