|
17 Sep 2025 |
DCB Bank
|
Consensus Share Price Target
|
129.32 |
169.44 |
- |
31.02 |
buy
|
|
|
|
|
08 May 2022
|
DCB Bank
|
Prabhudas Lilladhar
|
129.32
|
120.00
|
80.90
(59.85%)
|
Target met |
Buy
|
|
|
|
|
10 Feb 2022
|
DCB Bank
|
Chola Wealth Direct
|
129.32
|
|
84.80
(52.50%)
|
|
Buy
|
|
|
Background: DCB Bank Limited (formerly Development Credit Bank Limited) has a deposit base of 317bn and advances of 268bn at the end of 2QFY22, making it the smallest bank in the listed private sector space, including both new and old generation private sector banks. Promoter group the Aga Khan Fund for Economic Development (AKFED) & Platinum Jubilee Investments holds ~15% stake. DCB services entail Corporate Banking - 11%, SME -10%, Agriculture 22%, Mortgages...
|
|
10 Feb 2022
|
DCB Bank
|
Axis Direct
|
129.32
|
115.00
|
84.80
(52.50%)
|
Target met |
Buy
|
|
|
We maintain our BUY rating with a revised target price of Rs 115/share (0.8x FY24E ABV), implying an upside of 32% from CMP.
|
|
09 Feb 2022
|
DCB Bank
|
Motilal Oswal
|
129.32
|
100.00
|
84.80
(52.50%)
|
Target met |
Neutral
|
|
|
DCB Bank (DCBB) reported a mixed 3QFY22 as the miss on operating performance was offset by lower provisions, resulting in in-line earnings. NIMs improved sharply by 24bp QoQ to 3.61%. On the business front, advances grew ~3% QoQ, while deposit growth was modest at 1.5% QoQ. GNPAs increased 4% QoQ, while net NPAs declined 1.5% QoQ, as slippage stood elevated at INR4.57b (INR4.17b in 2QFY22). The o/s restructured book stood at INR18.8b (6.8% of loans). Collection efficiency remained...
|
|
02 Nov 2021
|
DCB Bank
|
Chola Wealth Direct
|
129.32
|
105.00
|
99.70
(29.71%)
|
Target met |
Buy
|
|
|
Background: DCB Bank Limited (formerly Development Credit Bank Limited) has a deposit base of 317bn and advances of 268bn at the end of 2QFY22, making it the smallest bank in the listed private sector space, including both new and old generation private sector banks. Promoter group the Aga Khan Fund for Economic Development (AKFED) & Platinum Jubilee Investments holds ~15% stake. DCB services entail Corporate Banking - 11%, SME -10%, Agriculture 22%, Mortgages...
|
|
01 Sep 2021
|
DCB Bank
|
Axis Direct
|
129.32
|
115.00
|
93.40
(38.46%)
|
|
Buy
|
|
|
We initiate coverage with a BUY rating and a target price of Rs 115/share (0.8x FY24E ABV)
|
|
12 Aug 2021
|
DCB Bank
|
Chola Wealth Direct
|
129.32
|
105.00
|
91.95
(40.64%)
|
Target met |
Buy
|
|
|
Background: DCB Bank Limited (formerly Development Credit Bank Limited) has a deposit base of 306bn and advances of 254bn at the end of 1QFY22, making it the smallest bank in the listed private sector space, including both new and old generation private sector banks. Promoter group the Aga Khan Fund for Economic Development (AKFED) & Platinum Jubilee Investments holds ~15% stake. DCB services entail Corporate Banking - 11%, SME -11%, Agriculture 22%, Mortgages...
|
|
09 Aug 2021
|
DCB Bank
|
ICICI Securities Limited
|
129.32
|
100.00
|
92.80
(39.35%)
|
Target met |
Hold
|
|
|
|
|
08 Aug 2021
|
DCB Bank
|
Motilal Oswal
|
129.32
|
100.00
|
92.80
(39.35%)
|
Target met |
Neutral
|
|
|
DCB Bank (DCBB) reported a weak operating performance, affected by higher slippage, sluggish NII growth, and elevated provisions. NIMs declined 15bp QoQ to 3.31%, impacted by high interest reversals and excess...
|
|
11 May 2021
|
DCB Bank
|
Chola Wealth Direct
|
129.32
|
107.00
|
100.40
(28.80%)
|
Target met |
Buy
|
|
|
Background: DCB Bank Limited (formerly Development Credit Bank Limited) has a deposit base of 297bn and advances of 259bn at the end of 4QFY21, making it the smallest bank in the listed private sector space, including both new and old generation private sector banks. Promoter group the Aga Khan Fund for Economic Development (AKFED) & Platinum Jubilee Investments holds ~15% stake. DCB services entail Corporate Banking - 11%, SME -11%, Agriculture 22%, Mortgages...
|