DCB Bank Ltd. News and Updates

Name: Latest research reports of DCB Bank Ltd. authored by Motilal Oswal and published by - Trendlyne research reports.
Item: DCB Bank Ltd.
Rating: 3
Author: Motilal Oswal

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DCB Bank Ltd.

18 Jan 2018

129.45

0.06%

DCB Bank: Income beat offset by elevated opex; advances growth picks up

Neutral: DCB Bank Ltd.

Target

Motilal Oswal

DCB Bank (DCBB) reported PPoP growth of 12% YoY (1% above estimate), as 8% beat on total income was offset by 23% growth in opex. NII growth of 20% YoY was led by 17bp expansion in reported NIM, while other income grew 17% YoY (core fee income increased 41% YoY). However, total income growth trailed opex growth (+20% YoY adjusted for INR50m of bond issue-related expenses). Adjusted for the one-off expense, the CI ratio stood at 60.8% compared to 60.3% in 2Q and 57.2% in 1Q. Provisions at INR343m (+12% YoY) were 4% below estimate, while higher-than-expected taxes resulted in PAT of INR570m (+11% YoY, 5% miss). Strong growth in corporate (+35%), MSME (+39%) and AIB (+28%) books led to 7%/28% QoQ/YoY growth in loan book to INR186b. Other smaller categories such as CV/CE (+59%), gold (+28%) and construction finance (+91%) also showed strong growth.

Number of FII/FPI investors increased from 133 to 143 in Jun 2025 qtr.

DCB Bank Ltd.

18 Jan 2018

129.45

0.06%

DCB Bank - 3QFY18 Result Update

Buy: DCB Bank Ltd.

Reliance Securities

The Bank focuses on increasing loan book in low-ticket Retail, SME & AIB segments and augmenting its footprint both on physical and digital front. Despite near-term impact of this aggressive expansion strategy on return ratios, it is beneficial in the long-term, in our view. Further, the Management focuses on increasing efficiency of existing network to improve cost to income ratio in the long-term, which will lead to sustained earnings growth. We expect further improvement in Bank's performance due to GST roll-out, as creditworthiness of its core client group from SME/MSME segment will improve substantially. Introducing our estimates for FY20E, we expect earnings growth to gain momentum leading to improvement in RoA and RoE...

DCB Bank Ltd. is trading above its 200 day SMA of 126.9

DCB Bank Ltd.

18 Jan 2018

129.45

0.06%

DCB Bank

Hold: DCB Bank Ltd.

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research DCB Bank's Q3FY18 performance remained steady with healthy traction in business growth and profitability Led by healthy credit growth, NIM expansion of 17 bps and | 4.5 crore of income tax refund, NII growth remained healthy at 20% YoY to | 250 crore. Other income growth remained strong despite lower treasury gains, due to robust traction of 41% YoY in core fee income Bottomline growth was healthy at | 57 crore (up 11% YoY), below...

DCB Bank Ltd. is trading above its 200 day SMA of 126.9

DCB Bank Ltd.

17 Jan 2018

129.45

0.06%

DCB Bank net profit rises 11% in Q3

Business Line

DCB Bank has reported an 11 per cent increase in third quarter net profit at 57 crore, against 51 crore in the year-ago period.In the October-December 2017 quarter, net interest income...

DCB Bank Ltd. is trading above its 200 day SMA of 126.9

DCB Bank Ltd.

15 Jan 2018

129.45

0.06%

DCB Bank raises Rs 1.5 billion via bonds on private placement basis

Business Standard

These bonds carry an interest rate of 9.85% per annum for a period of 10 years from Jan 12, 2018

Number of FII/FPI investors increased from 133 to 143 in Jun 2025 qtr.

DCB Bank raises Rs 150 cr via bonds

Business Line | 15 Jan 2018

DCB Bank Ltd.

08 Dec 2017, 06:01PM

129.45

0.06%

Master-Pick DCB Bank Ltd

Buy: DCB Bank Ltd.

Religare

DCB Bank has strategically diversified its loan portfolio across retail, MSME, SME and corporates with increased focus on secured lending. DCB's asset quality has improved significantly from gross NPA levels of 9.7% in FY10 to 1.6% in FY17 which has aided profitability growth. It's net interest margin has also improved by 120bps over FY10-FY17 to 4% on the back of increased focus on retail and improvement in asset quality.

DCB Bank Ltd. is trading above its 200 day SMA of 126.9

DCB Bank Ltd.

23 Nov 2017

129.45

0.06%

Today's pick (English) - DCB Bank

Business Line

DCB Bank Ltd. has an average target of 174.57 from 7 brokers.

Today's Pick (Tamil): DCB Bank

Business Line | 23 Nov 2017 1 more

DCB Bank Ltd.

08 Nov 2017, 09:17PM

129.45

0.06%

DCB Bank (173.9)

Business Line

The outlook for the stock of DCB Bank is bearish. The stock fell 4.7 per cent on Wednesday breaking below the crucial 200-day moving average support at 178. This support was limiting the downside...