RBL Bank Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for RBLBANK, BSE:540065 RBL Bank Ltd.

RBL Bank Ltd.

18 May 2020

266.50

-0.30%

RBL BANK LIMITED

Hold: RBL Bank Ltd.

Target

Geojit BNP Paribas

RBL Bank Ltd. is a fast-growing private sector bank with a network of 386 branches and over 8.5 million customers. It offers various services, including corporate and institutional banking, commercial banking, retail...

Institutional Investors have increased holdings from 35.63% to 52.32% in Jun 2025 qtr.

RBL Bank Ltd.

12 May 2020

266.50

-0.30%

EARNINGS UPDATE- RBL BANK LTD 4QFY20

RBL Bank Ltd.

Chola Wealth Direct

Background: RBL bank (RBL) came into operations in 1943 and was incorporated as a small, regional bank in Maharashtra with two branches in Kohlapur and Sangli. Post the change in the management team in 2010, it has been one among the fastest growing private sector banks and now has 386 interconnected branches and 389 interconnected ATMs spread across 24 Indian states and union territories serving ~8.4mn customers. The bank offers a comprehensive range of banking products and services customized to cater to the needs of large corporations, SMEs, agricultural customers, retail customers and development banking & financial inclusion (low income) customers. Loan book of the bank grew at a CAGR of 46% over FY11 to FY20 and stood at...

Mutual Funds have increased holdings from 15.27% to 29.19% in Jun 2025 qtr.

RBL Bank Ltd.

07 May 2020

266.50

-0.30%

RBL Bank (ADD): Operational beat but Covid-19 poses risks

Accumulate: RBL Bank Ltd.

BOB Capital Markets Ltd.

RBL Bank's (RBK) Q4FY20 PAT at Rs 1.1bn (54% YoY) was ahead of estimates due to an NII beat.

RBL Bank Ltd. has gained 70.48% in the last 6 Months

RBL Bank Ltd.

07 May 2020

266.50

-0.30%

Asset quality provides a breather, but credit cost in Retail remains under watch

Buy: RBL Bank Ltd.

Target

Motilal Oswal

7 May 2020 RBK reported weak business trends, weighed by decline in wholesale assets and deposit outflows. Higher provisions impacted earnings, but slippages moderated on a sequential basis, enabling improvement in the coverage ratio. Asset quality is expected to remain under watch as 33% of the loan book availed moratorium, with management guiding for elevated credit costs in credit cards/MFI/MSME portfolio. We cut our PAT estimate for FY21/FY22 by 6%/5%, primarily as we factor in moderation in fee income, led by reduced economic activity / lockdown. 4QFY20 PAT stood at ~INR1.1b (54% YoY decline), affected by higher provisions of INR6.1b. NII grew 38% YoY to INR10.2b, led by 36bp QoQ margin expansion to ~4.9%. Other income increased 22% YoY to INR5.0b, with core fee income growth of 21% YoY, impacted by lockdown. Overall, PPoP growth remains strong at 37% YoY to INR7.6b. In FY20, NII/PPOP rose at 43%/42% YoY, while PAT declined 42% YoY, affected by high provisions.

RBL Bank Ltd. has an average target of 250.00 from 5 brokers.

RBL Bank Ltd.

28 Jan 2020

266.50

-0.30%

RBL Bank Ltd

RBL Bank Ltd.

Angel Broking

Outlook & Valuation: RBL Bank's fresh set of stressed pool would push back ROA of 1.5% to Q2FY2021. However, for the next couple of quarters key monitorable will be no further addition to stress book and BB & Below book. We expect RBL Bank to grow its advances at CAGR of 22% over FY2019-21E. Improvement

RBL Bank Ltd. has an average target of 250.00 from 5 brokers.

RBL Bank Ltd.

23 Jan 2020

266.50

-0.30%

RBL Bank (3QFY20): Some hits, some misses. Maintain NEUTRAL

Neutral: RBL Bank Ltd.

Target

HDFC Securities

Asset quality deterioration was on expected lines, and from pre-identified stressed pools. However, we remain cautious on RBK's asset quality for the following reasons (1) 3QFY20 saw a sharp ~Rs 7bn rise in BB and below rated corp loans, (2) Recent asset quality trends reflect poorly on underwriting and risk practices , and (3) Broader economic conditions. While the capital raise is a big positive and will support the bank's growth trajectory, it does not entirely mitigate the above risks. We maintain NEUTRAL. Yet again RBKs PPOP was better than expected, due to sharp NIM improvement and one-off staff cost reversals. PAT was above estimates, even as provisions remained elevated. Slippages remained high, and were mostly from anticipated stress. Maintain NEUTRAL with a TP of Rs 348 (1.5x Dec-21E ABV of Rs 232).

Mutual Funds have increased holdings from 15.27% to 29.19% in Jun 2025 qtr.

RBL Bank Ltd.

23 Jan 2020

266.50

-0.30%

EARNINGS UPDATE- RBL BANK LTD 3QFY20

Sell: RBL Bank Ltd.

Recommendation Target

Chola Wealth Direct

Background: RBL bank (RBL) came into operations in 1943 and was incorporated as a small, regional bank in Maharashtra with two branches in Kohlapur and Sangli. Post the change in the management team in 2010, it has been one among the fastest growing private sector banks and now has 346 interconnected branches and 383 interconnected ATMs spread across 24 Indian states and union territories serving ~7.8mn customers. The bank offers a comprehensive range of banking products and services customized to cater to the needs of large corporations, SMEs, agricultural customers, retail customers and development banking & financial inclusion (low income) customers. Loan book of the bank grew at a CAGR of 52% over FY11 to FY19 and stood at INR 596bn as of 3QFY20...

RBL Bank Ltd. has gained 70.48% in the last 6 Months

RBL Bank Ltd.

22 Jan 2020

266.50

-0.30%

Business growth moderates; balance sheet cleansing continues

Buy: RBL Bank Ltd.

Target

Motilal Oswal

22 January 2020 RBK reported moderation in business growth, led by muted wholesale book; deposit growth stood flat sequentially. Slippages remained higher while elevated credit cost impacted earnings. Though operating performance remained strong (fees, NIMs and PPoP), elevated slippages trajectory and higher credit cost is likely to impact earnings in the near term. We cut our EPS estimates for FY20/FY21 by 17%/13%, primarily due to lower business growth and increase in our credit cost estimates given the higher slippages and decline in PCR ratio. NII grew 41% YoY to INR9.2b on 22bp QoQ expansion in margin to 4.6%. Core fee income grew 37% YoY, led by credit card fees, which constituted ~57% of total fees. PPoP growth, thus, remained strong at 47% YoY to INR7.3b. Loan growth moderated to 20% YoY, led by slowdown in the wholesale book, which grew 3% YoY (-4% QoQ) while strong growth in the retail book continued (+49% YoY).

Number of MF schemes increased from 27 to 35 in Jun 2025 qtr.

RBL Bank Ltd.

03 Jan 2020

266.50

-0.30%

Light House - A Quick Perspective - RBL Bank Ltd. - 03 January 2020

Buy: RBL Bank Ltd.

Way2Wealth

The Bank offers specialized services under six business verticals namely: Corporate & Institutional Banking, Commercial Banking, Branch & Business Banking, Retail Assets, Development Banking and Financial Inclusion,...

Number of MF schemes increased from 27 to 35 in Jun 2025 qtr.

RBL Bank Ltd.

22 Nov 2019

266.50

-0.30%

EARNINGS UPDATE- RBL BANK 2QFY20

Hold: RBL Bank Ltd.

Recommendation Target

Chola Wealth Direct

Sector: Banking /Mid-Cap | Earnings Update 2QFY20 Background: RBL bank (RBL) came into operations in 1943 and was incorporated as a small, regional bank in Maharashtra with two branches in Kohlapur and Sangli. Post the change in the management team in 2010, it has been one among the fastest growing private sector banks and now has 346 interconnected branches and 394 interconnected ATMs spread across 24 Indian states and union territories serving ~7.3mn customers. The bank offers a comprehensive range of banking products and services customized to cater to the needs of large corporations, SMEs, agricultural customers, retail customers and development banking & financial inclusion (low...

Number of MF schemes increased from 27 to 35 in Jun 2025 qtr.

Is RBL Bank Ltd. worth buying?

1091 Votes:

Buy 76.9%

Sell 14.39%

Hold 8.71%

RESEARCH REPORTS

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