IDFC First Bank (IDFCFIRSTB.NS) Stock Price
IDFC First Bank Price
Revenue has compounded at 28.2% per year over the past 10 years to 484.22 B INR. Earnings per share have grown at 11.2% per year over the last 10 years. IDFC First Bank's net margin stands at 3.3%, up from 0.6% several years earlier. IDFC First Bank currently offers a dividend yield of about 0.93%. The payout ratio is around 31% of earnings. The dividend has grown at 44.2% per year over the past 3 years. Analysts set a median price target of 86.70 INR, implying 7.1% above the current price. Of 25 analysts, 16 rate the stock a buy — an overall Buy consensus.
IDFC First Bank stock price
IDFC First Bank business model & stock analysis
Frequently asked questions about IDFC First Bank
The business model of IDFC First Bank Ltd revolves around offering a wide range of banking and financial services to its customers. The company provides various products and services, including savings and current accounts, fixed and recurring deposits, loans, credit cards, insurance, and wealth management solutions. By focusing on customer needs and delivering innovative banking solutions, IDFC First Bank aims to provide a seamless and convenient banking experience. With a customer-centric approach, the company strives to strengthen its position in the banking industry while fostering long-term relationships with individuals, small businesses, and corporate clients.
IDFC First Bank Ltd is primarily active in the financial industry.
IDFC First Bank Ltd faces competition from various players in the market. Some of its main competitors include large public sector banks such as State Bank of India (SBI), Punjab National Bank (PNB), and Bank of Baroda (BOB). Additionally, it competes with private sector banks like HDFC Bank, ICICI Bank, and Axis Bank. These competitors pose a challenge for IDFC First Bank Ltd in terms of market share, customer acquisition, and offering competitive banking products and services.
IDFC First Bank Ltd, formerly known as IDFC Bank, is a leading Indian financial institution. Established in 2015, it is the result of a merger between IDFC Bank and Capital First Ltd. The bank operates through a widespread network of branches offering a wide range of banking products and services. IDFC First Bank focuses on providing inclusive and accessible financial solutions to individuals, small and medium-sized enterprises, and corporates. With a strong emphasis on technology and customer-centric initiatives, IDFC First Bank aims to revolutionize the banking experience in India. This commitment is reflected in its innovative digital platforms, robust risk management systems, and efficient customer service.
IDFC First Bank Ltd has achieved significant milestones since its inception. The company transformed from being a dedicated infrastructure financier to a universal bank in 2015. Key milestones include the merger of IDFC Bank Ltd and Capital First Ltd in December 2018, which resulted in the formation of IDFC First Bank Ltd. This strategic merger helped the bank expand its customer base and product offerings. Additionally, the bank has focused on digital innovation, enabling customers to access banking services through convenient online platforms. IDFC First Bank Ltd continues to grow, adapt and serve its customers with a diversified range of financial solutions.
IDFC First Bank Ltd is primarily present in India.
IDFC First Bank Ltd represents values and corporate philosophy rooted in honesty, integrity, and customer-centricity. As one of India's leading banks, it is committed to fostering a culture of trust and transparency in its operations. With a strong focus on delivering superior banking experiences, IDFC First Bank Ltd prioritizes innovation and technology to provide customers with convenient and secure financial solutions. The bank aims to empower individuals and businesses alike by offering a wide range of products and services tailored to their diverse needs. IDFC First Bank Ltd is dedicated to driving financial inclusion and contributing to the growth and development of the communities it serves.
Analysts currently set an average price target of 89.01 INR for the IDFC First Bank stock (median: 86.70 INR), implying +10.0 % versus the latest price. The consensus is based on 25 analyst ratings.
25 analysts currently rate the IDFC First Bank stock: 16 recommend buying, 7 holding and 2 selling.
Converted at the current exchange rate, the IDFC First Bank share trades at 0.75 EUR (80.93 INR).
The IDFC First Bank share (IDFCFIRSTB.NS) is listed on 2 stock exchanges, including: NSE (Indien) (IDFCFIRSTB.NS).
IDFC First Bank Ltd is an Indian bank headquartered in Mumbai, which offers various banking products and services. The business model of IDFC First Bank is focused on retail, business account, and asset management business. IDFC First Bank offers various types of retail accounts, including savings and current accounts, as well as debit cards. It also offers special accounts, such as salary accounts for employees working in specific companies, as well as accounts for senior citizens. Additionally, the bank offers various types of loans, such as personal, home, and vehicle loans. The bank is also involved in the asset management industry. It offers various types of products, such as mutual funds, portfolios, and pension plans. It has also developed a mobile app that allows customers to conveniently access the bank's asset management services. Another important segment of IDFC First Bank is the business account. The bank offers various types of business loans, such as working capital loans, business loans, and factoring services. Additionally, it also provides cash management solutions and payment processing services. IDFC First Bank is also engaged in credit card issuance. The bank offers various types of credit cards tailored to the customer's needs, such as rewards credit cards, premium credit cards, and co-branded credit cards. It also offers various benefits such as travel rewards, loyalty points, and cashback programs. The bank has also developed an online banking platform and a mobile app to provide customers with a convenient banking experience. Customers can manage their accounts online, transfer money, pay bills, and much more. In summary, IDFC First Bank Ltd offers a wide range of banking products and services, including retail accounts, asset management, business accounts, credit cards, and online banking. The bank is committed to providing its customers with a convenient banking experience by offering innovative products and services and providing a user-friendly online platform.
The revenue of IDFC First Bank is 484.22 B INR. This figure is based on current financial data and reflects the company's business performance.
The profit of IDFC First Bank is 16.11 B INR. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of IDFC First Bank is currently 43.70. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the IDFC First Bank stock.
The price-to-sales ratio (P/S) of IDFC First Bank is currently 1.45. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the IDFC First Bank stock.
The Eulerpool Quality Score for IDFC First Bank is 5/10.
The ISIN of IDFC First Bank is INE092T01019. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The ticker of IDFC First Bank is IDFCFIRSTB.NS. The ticker symbol is used to trade IDFC First Bank shares on the stock exchange.
IDFC First Bank stock
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All fundamentals and in-depth analysis of IDFC First Bank
Our stock analysis for IDFC First Bank stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of IDFC First Bank. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.