The Federal Bank Limited (NSE: FEDERALBNK)
India
· Delayed Price · Currency is INR | Market Cap | 477.07B |
| Revenue (ttm) | 131.14B |
| Net Income (ttm) | 41.30B |
| Shares Out | 2.45B |
| EPS (ttm) | 16.75 |
| PE Ratio | 11.61 |
| Forward PE | n/a |
| Dividend | 1.20 (0.62%) |
| Ex-Dividend Date | Aug 23, 2024 |
| Volume | 10,056,668 |
| Open | 200.40 |
| Previous Close | 200.95 |
| Day's Range | 190.55 - 201.30 |
| 52-Week Range | 139.40 - 217.00 |
| Beta | 0.89 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Jan 27, 2025 |
About The Federal Bank
The Federal Bank Limited provides a range of banking and financial services in India. The company operates through Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations segments. Its deposit products include savings accounts, current accounts, noor personal accounts, demat accounts, salary accounts, fixed deposits, cash certificates, recurring deposits, exchange earners' foreign currency accounts, gilt accounts, and NRI deposit schemes. In addition, the company’s loan portfolio comprises personal, gold, housing, ca... [Read more]
Financial Performance
In 2023, The Federal Bank's revenue was 120.28 billion, an increase of 26.95% compared to the previous year's 94.74 billion. Earnings were 38.80 billion, an increase of 22.62%.
Financial StatementsNews
Private bank stocks: ICICI Bank (+0.47%), Axis Bank (+0.29%) gain; Kotak (-0.69%), Bandhan (-1.15%) slide amid mixed trend
Private banking stocks displayed a mixed trend in intraday trading as of 11:15 AM, with selective gains and losses across the sector. Key Performances: ICICI Bank: Gained 0.47%, trading at ₹1,333.80 o...
Private Bank stocks: Kotak Bank up 0.30%, ICICI Bank rises 0.24%, HDFC Bank down 0.42%
Private bank stocks showed a mixed performance on the morning of November 29, 2024, as markets saw varied investor sentiment. Stock Highlights (as of 10:22 AM): Yes Bank: The stock fell by 1.23%, decl...
Pradhan Mantri Jan Dhan Yojana (PMJDY) – a potent vehicle to ensure financial inclusion
Introduction Union Minister Anurag Thakur while inaugurating the 2024 Annual Government and Institutional Business Meet of the Federal Bank, an Indian private sector bank, on Friday, 16th of February ...
Federal Bank Q2 Results: Net profit rises 10.8% YoY to ₹1,057 crore; NII up 2.4% QoQ to ₹2,367 crore
Federal Bank has released its financial results for the quarter ending September 30, 2024, reporting strong performance across multiple metrics and maintaining a streak of ₹1,000 crore in net profit f...
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...
Federal Bank shares rise 2.14% in early trade
Shares of Federal Bank gained 2.14% in early trading today, reaching ₹191.56 on the NSE. The stock opened at ₹188.86, hitting a high of ₹191.89 and a low of ₹188.56 during the session. The previous cl...
Federal Bank sells 9.81% stake in Equirus Capital for ₹77.55 crore
Federal Bank has announced the sale of 59 lakh equity shares in Equirus Capital Private Limited (ECPL), further reducing its stake in the company. The bank had earlier sold 11.50 lakh equity shares of...
Federal Bank sells remaining stake in Equirus Capital for ₹77.55 crore
Federal Bank has announced the sale of its remaining 59 lakh equity shares in Equirus Capital Private Limited (ECPL), marking the completion of its 9.81% stake sale in the associate company. The total...
Banking Stocks Update: AU SFB up 1.47%, ICICI Bank rises 1.11%, Federal Bank falls 3.72%
As of 2:49 PM, the Nifty Bank index displayed mixed results, with AU Bank and ICICI Bank leading the gains, while Federal Bank, Canara Bank, and SBI were among the top losers. Top Gainers: AU Bank: Ga...
Nomura maintains Buy call on Federal Bank, expects 24% upside in share price – Check target
Nomura has maintained its ‘Buy’ rating on Federal Bank, with a target price of Rs 240, projecting a 24% upside from the current market price. In its pre-Q2 update, the brokerage highlights strong loan...
Federal Bank Q2 Update: Deposits surge 16% YoY to ₹2.69 lakh crore, advances up 19%
Federal Bank has reported strong growth across key financial metrics in its provisional figures for the second quarter of the financial year 2024-25. The bank’s total deposits have surged by 16% to re...
Nomura initiates ‘buy’ call on Federal Bank, check target price, expects 24% upside
Nomura has initiated a ‘buy’ call on Federal Bank, setting a target price of ₹240 per share, which implies a 24% upside from the current market price of ₹193.25. Federal Bank is transitioning from a ‘...
Latest Fixed Deposit Rates: 5 banks revise FD rates in September - check list
Latest FD rates: The revised fixed deposit rates by Bank of Baroda, Axis Bank, IndusInd Bank, Federal Bank, and Karnataka Bank cater to both general citizens and senior citizens with tenures from 7 da...
KMB, ICICI Bank, SBI, and Federal Bank: Nomura adjusts outlook on banks amid potential rate cuts
Financial services firm Nomura has updated its stance on Indian banks, anticipating impacts from potential interest rate cuts. The firm projects that larger private banks may face more significant eff...
Morgan Stanley on bank stocks: Downgrades Federal Bank and RBL Bank
Morgan Stanley has issued a report advising investors to become more selective in their banking sector investments. The firm has downgraded Federal Bank to ‘Underweight’ (UW) from ‘Equal-weight’ (EW),...
Find out how IIT BHU is honoring 'Ek Ped Maa Ke Naam' initiative with a unique plantation drive
Banaras Hindu University is conducting a tree plantation drive as part of the 'Ek Ped Maa Ke Naam' initiative, starting from August 15. The Civil Engineering Department of IIT (BHU) participated, plan...
2L more saplings to be added to dist’s green cover
Vetry Trust plans to plant two lakh more saplings in Coimbatore district under Vanathukkul Tirupur, focusing on native trees and ensuring an 80% survival rate. The initiative is funded through CSR con...