|
31 Aug 2025 |
Federal Bank
|
Consensus Share Price Target
|
191.71 |
223.76 |
- |
16.72 |
buy
|
|
|
|
|
17 May 2024
|
Federal Bank
|
Geojit BNP Paribas
|
191.71
|
182.00
|
163.85
(17.00%)
|
Target met |
Accumulate
|
|
|
|
|
06 May 2024
|
Federal Bank
|
ICICI Direct
|
191.71
|
200.00
|
163.70
(17.11%)
|
Target met |
Buy
|
|
|
|
|
03 May 2024
|
Federal Bank
|
Sharekhan
|
191.71
|
190.00
|
165.95
(15.52%)
|
Target met |
Buy
|
|
|
Federal Bank reported an RoA/RoE at 1.2% /12.8%, respectively. Earnings growth were flat y-o-y led by higher opex (due to one-off provisions on account of wage settlement) offset by write-back of loan loss provisions.
|
|
03 May 2024
|
Federal Bank
|
Prabhudas Lilladhar
|
191.71
|
195.00
|
165.95
(15.52%)
|
Target met |
Buy
|
|
|
|
|
03 May 2024
|
Federal Bank
|
Keynote Capitals Ltd
|
191.71
|
192.90
|
165.95
(15.52%)
|
Target met |
Buy
|
|
|
Quarterly Update Q4FY24
|
|
03 May 2024
|
Federal Bank
|
IDBI Capital
|
191.71
|
200.00
|
165.95
(15.52%)
|
Target met |
Buy
|
|
|
|
|
03 May 2024
|
Federal Bank
|
Axis Direct
|
191.71
|
205.00
|
165.95
(15.52%)
|
Target met |
Buy
|
|
|
Recommendation: We maintain our BUY recommendation on the stock.
|
|
02 May 2024
|
Federal Bank
|
Motilal Oswal
|
191.71
|
195.00
|
168.00
(14.11%)
|
Target met |
Buy
|
|
|
FB reported a mixed quarter as net earnings stood at INR9.1b (in line), led by lower other income and higher opex (wage provisioning of INR1.62b). NII was in line with our estimate, aided by a 2bp QoQ expansion in margins.
|
|
02 May 2024
|
Federal Bank
|
Anand Rathi
|
191.71
|
202.00
|
168.00
(14.11%)
|
Target met |
Buy
|
|
|
The ~1.6bn wage revision-related expenses piled pressure on Federal Bank’s operating profits, but, provision write-backs aided profitability, with the RoA at 1.22% (down 17bps q/q).
|
|
02 May 2024
|
Federal Bank
|
Emkay
|
191.71
|
200.00
|
168.00
(14.11%)
|
Target met |
Buy
|
|
|
Federal Bank (FB) noted healthy business growth and near-stable margins in 4Q, but lower treasury gains, fee reversal on UPI transactions as mandated by the RBI, and one-off retirement liability-related provisions (Rs1.6bn) caused an 8% miss on PAT, at Rs9.1bn/RoA at 1.2%.
|