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30 Aug 2025 |
IDFC First Bank
|
Consensus Share Price Target
|
67.99 |
76.53 |
- |
12.56 |
buy
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29 Jul 2024
|
IDFC First Bank
|
ICICI Securities Limited
|
67.99
|
95.00
|
74.83
(-9.14%)
|
|
Buy
|
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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).
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29 Jul 2024
|
IDFC First Bank
|
Axis Direct
|
67.99
|
90.00
|
74.83
(-9.14%)
|
|
Buy
|
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|
We maintain our BUY recommendation on the stock.
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28 Jul 2024
|
IDFC First Bank
|
Motilal Oswal
|
67.99
|
83.00
|
74.48
(-8.71%)
|
|
Neutral
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IDFC First Bank (IDFCFB) reported a 1QFY25 PAT of INR6.8b (-11% YoY, in line) dragged down by elevated provisions.
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21 May 2024
|
IDFC First Bank
|
ICICI Securities Limited
|
67.99
|
95.00
|
77.45
(-12.21%)
|
|
Buy
|
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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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13 May 2024
|
IDFC First Bank
|
Geojit BNP Paribas
|
67.99
|
86.00
|
77.15
(-11.87%)
|
|
Accumulate
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29 Apr 2024
|
IDFC First Bank
|
Axis Direct
|
67.99
|
104.00
|
81.65
(-16.73%)
|
|
Buy
|
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IDFCFB currently trades at 1.6x Sep'25E ABV and we value the stock at 2.0x Sep'25E ABV, to arrive at a target price of Rs 104/share. This TP implies an upside of 23% from CMP.
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28 Apr 2024
|
IDFC First Bank
|
Motilal Oswal
|
67.99
|
88.00
|
84.80
(-19.82%)
|
|
Neutral
|
|
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IDFC First Bank (IDFCFB) reported broadly in-line PAT of INR7.2b (down10% YoY/up1.2% QoQ) in 4QFY24, amid elevated provisions and higher opex.
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28 Apr 2024
|
IDFC First Bank
|
ICICI Securities Limited
|
67.99
|
85.00
|
84.80
(-19.82%)
|
|
Hold
|
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|
IDFC First Bank (IDFCFB) has reported in line Q4FY24 PAT of INR 7.2bn (up 1% QoQ and down 10% YoY) with improvement in slippage and gross NPA. NII growth remains strong at 24% YoY though elevated opex (up 29% YoY) led to an increase in cost to income (C/I) ratio YoY.
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19 Mar 2024
|
IDFC First Bank
|
Geojit BNP Paribas
|
67.99
|
84.00
|
76.65
(-11.30%)
|
Target met |
Hold
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12 Mar 2024
|
IDFC First Bank
|
BOB Capital Markets Ltd.
|
67.99
|
96.00
|
79.50
(-14.48%)
|
|
Buy
|
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Monthly Chartbook: India's growth continues to impress. IDFCBK: Ambitious growth outlook
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