|
28 May 2025 |
IDFC First Bank
|
Consensus Share Price Target
|
68.25 |
70.42 |
- |
3.18 |
buy
|
|
|
|
|
28 Apr 2025
|
IDFC First Bank
|
BOB Capital Markets Ltd.
|
68.25
|
79.00
|
66.50
(2.63%)
|
15.75 |
Buy
|
|
|
PAT beat estimates, aided by higher non-interest income and lower operating expenses
|
|
28 Apr 2025
|
IDFC First Bank
|
Axis Direct
|
68.25
|
68.00
|
66.50
(2.63%)
|
Target met |
Hold
|
|
|
We maintain our HOLD recommendation on the stock.
|
|
27 Apr 2025
|
IDFC First Bank
|
Motilal Oswal
|
68.25
|
72.00
|
66.08
(3.28%)
|
5.49 |
Neutral
|
|
|
IDFC First Bank (IDFCFB) reported 4QFY25 PAT of INR3.04b (58% YoY decline, 6% beat to MOFSLe) amid lower tax expense. NII grew 10% YoY/ flat QoQ to INR49.1b (in line). NIMs contracted 9bp QoQ to 5.95% (in line), dragged by a decline in the MFI business.
|
|
27 Apr 2025
|
IDFC First Bank
|
Anand Rathi
|
68.25
|
77.00
|
66.08
(3.28%)
|
12.82 |
Buy
|
|
|
Despite healthy balance sheet growth, higher provisioning led to a 58% y/y fall in IDFC First Bank’s PAT. Microfinance credit costs have peaked for the year. We value the bank at 1.2x FY27e PBV and retain a Buy rating, primarily led by the higher balance sheet growth, strong NIM and improving operating leverage.
|
|
19 Apr 2025
|
IDFC First Bank
|
ICICI Securities Limited
|
68.25
|
75.00
|
63.00
(8.33%)
|
9.89 |
Buy
|
|
|
We upgrade IDFC First Bank (IDFCFB) to BUY with a revised TP of INR 75, as the large proposed capital infusion (INR 75bn) improves visibility on superior loan growth/operating leverage (without any material dilution in book value) topped with inexpensive valuations.
|
|
17 Apr 2025
|
IDFC First Bank
|
Ventura
|
68.25
|
54.00
|
63.00
(8.33%)
|
20.88 |
Sell
|
|
|
Capital raise eases adequacy, but NPA pressures persist
|
|
03 Apr 2025
|
IDFC First Bank
|
Ventura
|
68.25
|
49.00
|
60.35
(13.09%)
|
28.21 |
Sell
|
|
|
Target 2.0 is a challenge given NPAs and capital adequacy constraints
|
|
27 Jan 2025
|
IDFC First Bank
|
BOB Capital Markets Ltd.
|
68.25
|
75.00
|
56.73
(20.31%)
|
9.89 |
Buy
|
|
|
Earnings lower on account of higher slippages, moderate loan book growth
|
|
27 Jan 2025
|
IDFC First Bank
|
Axis Direct
|
68.25
|
64.00
|
56.73
(20.31%)
|
Target met |
Hold
|
|
|
We maintain our HOLD recommendation on the stock.
|
|
26 Jan 2025
|
IDFC First Bank
|
Motilal Oswal
|
68.25
|
70.00
|
62.27
(9.60%)
|
Target met |
Neutral
|
|
|
IDFC First Bank (IDFCFB) reported a 3QFY25 PAT of INR3.4b (53% YoY decline, 32% miss to MOFSLe) due to an increase in opex (5% vs. our est) and elevated provisions.
|
|
16 Dec 2024
|
IDFC First Bank
|
Geojit BNP Paribas
|
68.25
|
71.00
|
64.34
(6.08%)
|
4.03 |
Accumulate
|
|
|
|
|
26 Nov 2024
|
IDFC First Bank
|
ICICI Direct
|
68.25
|
75.00
|
65.14
(4.77%)
|
9.89 |
Buy
|
|
|
|
|
30 Oct 2024
|
IDFC First Bank
|
Keynote Capitals Ltd
|
68.25
|
72.80
|
68.79
(-0.78%)
|
6.67 |
Neutral
|
|
|
Quarterly Update Q2FY25
|
|
28 Oct 2024
|
IDFC First Bank
|
Axis Direct
|
68.25
|
66.00
|
67.13
(1.67%)
|
Target met |
Hold
|
|
|
We downgrade the stock to HOLD from BUY earlier.
|
|
27 Oct 2024
|
IDFC First Bank
|
Motilal Oswal
|
68.25
|
73.00
|
65.50
(4.20%)
|
6.96 |
Neutral
|
|
|
IDFC First Bank (IDFCFB) reported 2QFY25 PAT of INR2b (73% YoY decline, significant miss to MOFSLe) due to a spike in provisions.
|
|
01 Aug 2024
|
IDFC First Bank
|
Keynote Capitals Ltd
|
68.25
|
91.40
|
75.39
(-9.47%)
|
33.92 |
Buy
|
|
|
Quarterly Update Q1FY25
|
|
29 Jul 2024
|
IDFC First Bank
|
Axis Direct
|
68.25
|
90.00
|
74.83
(-8.79%)
|
31.87 |
Buy
|
|
|
We maintain our BUY recommendation on the stock.
|
|
29 Jul 2024
|
IDFC First Bank
|
ICICI Securities Limited
|
68.25
|
95.00
|
74.83
(-8.79%)
|
39.19 |
Buy
|
|
|
IDFC First Bank (IBFCFB) has reported a broadly in-line set of numbers with strong business growth and better cost income, though higher credit costs (as guided) weighed on PAT (INR 6.8bn) and RoA (down 12bps QoQ to 91bps).
|
|
28 Jul 2024
|
IDFC First Bank
|
Motilal Oswal
|
68.25
|
83.00
|
74.48
(-8.36%)
|
21.61 |
Neutral
|
|
|
IDFC First Bank (IDFCFB) reported a 1QFY25 PAT of INR6.8b (-11% YoY, in line) dragged down by elevated provisions.
|
|
21 May 2024
|
IDFC First Bank
|
ICICI Securities Limited
|
68.25
|
95.00
|
77.45
(-11.88%)
|
|
Buy
|
|
|
We upgrade IDFC First Bank (IDFCFB) to BUY (from Hold) as we see the near-term (H1FY25) stagnation in the costincome ratio/rise in credit costs likely being outweighed by industry-leading deposits/loan/PAT growth.
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