IDFC First Bank Limited (BOM: 539437)

India flag India · Delayed Price · Currency is INR
62.57
-0.14 (-0.22%)
At close: Jan 17, 2025
-27.01%
Market Cap 466.68B
Revenue (ttm) 196.83B
Net Income (ttm) 23.19B
Shares Out 7.32B
EPS (ttm) 3.20
PE Ratio 19.92
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,466,817
Average Volume 1,899,531
Open 62.47
Previous Close 62.71
Day's Range 61.56 - 62.78
52-Week Range 59.01 - 87.90
Beta 0.99
RSI 52.84
Earnings Date Jan 24, 2025

About IDFC First Bank

IDFC First Bank Limited engages in the provision of various banking and financial services to corporates, individuals, multi-national companies, SMEs/entrepreneurs, financial institutions, and the government in India. The company operates through four segments: Treasury, Corporate and Wholesale Banking, Retail Banking, and Other Banking Business. It accepts savings, corporate salary, current, business, and nostro/vostro accounts; fixed and recurring deposits; and provides debit, credit, and prepaid cards, as well as payment services. The compan... [Read more]

Industry Commercial Banks
Founded 1997
Employees 41,141
Stock Exchange Bombay Stock Exchange
Ticker Symbol 539437
Full Company Profile

Financial Performance

In 2023, IDFC First Bank's revenue was 190.90 billion, an increase of 30.82% compared to the previous year's 145.93 billion. Earnings were 29.42 billion, an increase of 18.41%.

Financial Statements

News

Midcap Nifty soars 1.87%; Indus Towers up 5.83%, IDFC First Bank rises 5.14% among top gainers

As of 2:25 PM, the Midcap Nifty index surged by 1.87%, trading at 12,034.20 points. The index opened at 11,855.30, touched a high of 12,044.85, and a low of 11,854.40 during the session. Top Five Gain...

7 days ago - Business Upturn

IDFC First Bank’s Q3 FY25 total business grows 25.2% YoY to Rs 4,58,213 crore

IDFC First Bank announced a strong performance for the quarter ending December 31, 2024, showcasing significant growth across its key financial metrics. Total Business: The bank’s total business, enco...

18 days ago - Business Upturn

Reliance Infrastructure’s subsidiary faces lender notices for DSRA defaults on Pune-Satara NH-44 project

Reliance Infrastructure’s subsidiary, PS Toll Road Private Limited (PSTR), has received notices from Axis Bank and IDFC First Bank. The banks have invoked substitution rights under a concession agreem...

24 days ago - Business Upturn

IDFC First Bank market cap declines by Rs 943 crore – Know More

IDFC First Bank saw its stock decline by 2.00%, closing at Rs 63.33 from the previous close of Rs 64.62. This drop resulted in a market capitalization loss of Rs 943 crore, bringing the bank’s total m...

2 months ago - Business Upturn

IDFC First Bank’s market cap rises by Rs 1,497.52 crore – Know More

Shares of IDFC First Bank Limited surged by 3.23% today, closing at ₹65.46, up from the previous close of ₹63.41. This increase in share price pushed the company’s market capitalization up by Rs 1,497...

2 months ago - Business Upturn

HC orders bank to defreeze firm’s a/c ‘forthwith’

The Bombay High Court has directed IDFC First Bank to immediately defreeze a partnership firm's account, ruling that the account was frozen without any competent authority's order. Universal Traders, ...

2 months ago - The Times of India

F&O Ban update for October 30, 2024: Key Stocks list in ban

In today’s F&O (Futures & Options) ban list, here’s the latest update on stocks under restriction as of October 30, 2024: Stocks in F&O Ban Still in Ban: IDFC First Bank (IDFCFIRSTB), IndiaMART InterM...

2 months ago - Business Upturn

IDFC First Bank shares fall 6.89% on poor Q2 results with 73% profit decline

IDFC First Bank’s stock dropped 6.89% to ₹60.99 on the NSE at 9:18 AM today, following disappointing Q2 FY25 results. The bank reported a 73% year-on-year decline in profit to ₹201 crore from ₹751 cro...

3 months ago - Business Upturn

Nuvama maintains Hold on IDFC First Bank, cuts target price to Rs 60, implying an 8.5% downside

Nuvama has maintained a Hold rating on IDFC First Bank and revised its target price downward to ₹60 from the previous ₹72, indicating a potential downside of approximately 8.5% from the current market...

3 months ago - Business Upturn

Stock market update: F&O ban list today sees new additions with Dixon, IDFC First Bank, L&T Finance

In the latest stock market developments, the Futures and Options (F&O) ban list has seen notable changes today. Dixon Technologies, IDFC First Bank, and L&T Finance Holdings have entered the ban list,...

3 months ago - Business Upturn

IDFC First Bank Ltd (BOM:539437) Q2 2025 Earnings Call Highlights: Strong Deposit and Loan ...

IDFC First Bank Ltd (BOM:539437) Q2 2025 Earnings Call Highlights: Strong Deposit and Loan Growth Amidst Provision Challenges

3 months ago - GuruFocus

Q2 2025 IDFC First Bank Ltd Earnings Call Transcript

Q2 2025 IDFC First Bank Ltd Earnings Call Transcript

3 months ago - GuruFocus

Dragged down by Mumbai toll waiver, IDFC First Bank's net profit drops 73%

IDFC First Bank's Q2 net profit dropped by over 73% to Rs 201 crore, primarily due to a Rs 253-crore provision following Maharashtra government's toll waiver decision. The net interest income increase...

3 months ago - The Times of India

IDFC First Bank Q2 FY25 net profit declines by 73.3%, NII rises by 21.2%

IDFC First Bank reported its financial results for the second quarter of the fiscal year 2024-25, showing a sharp drop in net profit year-on-year, despite growth in its Net Interest Income (NII). The ...

3 months ago - Business Upturn

How are mid-cap stocks performing today? Check details for Vodafone Idea, Yes Bank, GMR Airports, IDBI Bank, and more

As of 11:13 am, several mid-cap stocks are showing mixed performance with some notable declines. Here’s a quick look at the stock prices and their movements: Vodafone Idea: ₹7.75 (-4.67%) Yes Bank: ₹1...

3 months ago - Business Upturn

Private bank stocks today: HDFC Bank surges 3.66%, Kotak Bank drops 5.77%, and RBL Bank plunges 12.32%

As of 10:22 AM today, the Nifty Private Bank Index showcases mixed performance, with HDFC Bank leading the gainers and RBL Bank suffering the most significant losses. Top Gainers: HDFC Bank: ₹1,743.35...

3 months ago - Business Upturn

F&O Ban List for October 21, 2024: Bandhan Bank, GNFC, Granules, IDFC First Bank, IEX and more

Securities Currently in Ban: BANDHAN BANK Previous MWPL: 98.95% Current MWPL: 96.09% CHAMBAL FERTILISERS Previous MWPL: 92.20% Current MWPL: 88.85% GNFC Previous MWPL: 92.78% Current MWPL: 90.41% GRAN...

3 months ago - Business Upturn

IDFC First Bank Q2 Business Update: Loans grow 21.3% YoY, customer deposits surge 32.2%

IDFC FIRST Bank has announced its Q2 business update, reporting strong growth across key financial metrics. Loans and advances increased by 21.3% year-on-year (YoY), reaching ₹2,22,188 crore as of Sep...

3 months ago - Business Upturn

RBI extends tenure of IDFC First Bank MD for another 3 years

The Reserve Bank of India has extended the tenure of IDFC First Bank's Managing Director V Vaidyanathan for an additional three years until December 2027. The approval was communicated on September 19...

4 months ago - The Times of India

IDFC First Bank, Jio Fin Services, RBL Bank, and others hit 52-week lows (Sept 9, 2024)

The market has shown signs of recovery today, with major indices bouncing back from earlier lows. As of 11:25 AM, the SENSEX is trading at 81,296.02, up by 112.09 points (+0.14%), and the NIFTY is at ...

4 months ago - Business Upturn