It is a broadly described annual report of Corporation Bank in the year of 2010-2011. During the financial year, The Bank’s total business of the Bank increased by Rs. 47,662 Crore at a growth rate of 30.56% to reach Rs. 2,03,598 Crore at the end of the financial year 2010-11, from Rs. 1,55,936 Crore at the end of the previous financial year 2009-10. The total Income of the Bank improved to Rs. 10,459.62 Crore during the financial year 2010-11 from Rs. 8,481.03 Crore in the previous financial year recording a rise of Rs. 1,978.59 Crore (23.33 %). The Operating Profit for the financial year 2010-11 stood at Rs. 2,622.40 Crore as compared to Rs. 2,136.73 Crore in the financial year 2009-10 registering an increase of Rs. 485.67 Crore (22.73%). The Bank registered a Net Profit of Rs. 1,413.27 Crore for the financial year 2010-11 compared to Rs. 1,170.25 Crore in the financial year 2009-10. Earnings per Share rose to Rs. 98.50 and the Book Value per share increased to Rs. 497.62.
The Board of Directors of the bank has recommended a Dividend of @200% for the financial year 2010-11 which works out to Rs. 20.00 per fully paid-up share of Rs. 10/- each.
More Annual Report of Corporation Bank:
- Annual Report 2006-2007 of Corporation Bank
- Annual Report 2007-2008 of Corporation Bank
- Annual Report 2008-2009 of Corporation Bank
- Annual Report 2009-2010 of Corporation Bank
- Annual Report 2010-2011 of Corporation Bank
- Annual Report 2011-2012 of Corporation Bank
- Annual Report 2012-2013 of Corporation Bank
- Annual Report 2013-2014 of Corporation Bank
- Annual Report 2014-2015 of Corporation Bank
- Annual Report 2015-2016 of Corporation Bank
- Annual Report 2016-2017 of Corporation Bank
