|
12 Oct 2025 |
Federal Bank
|
Consensus Share Price Target
|
208.30 |
223.47 |
- |
7.28 |
buy
|
|
|
|
|
30 Apr 2015
|
Federal Bank
|
HDFC Securities
|
208.30
|
|
65.70
(217.05%)
|
Pre-Bonus/ Split |
Buy
|
|
|
Federal banks (FB) results were mixed bag. Adjusted for interest on tax refund, NII were below estimates due to NIM compression (-10bps QoQ). On positive front, growth trend seems to be improving (18% YoY) coupled with stable asset quality. Other key highlights were traction in fee income 17% YoY, stable CASA at ~30% and improvement in rating matrix of the assets.
|