HDFC Bank Limited (HDB)

NYSE: HDB · IEX Real-Time Price · USD
60.38
+0.89 (1.50%)
Jul 22, 2024, 12:41 PM EDT - Market open
1.50%
Market Cap 148.46B
Revenue (ttm) 13.76B
Net Income (ttm) 6.03B
Shares Out 2.46B
EPS (ttm) 3.18
PE Ratio 18.42
Forward PE 16.98
Dividend $1.39 (2.28%)
Ex-Dividend Date Aug 14, 2023
Volume 969,315
Open 60.65
Previous Close 59.49
Day's Range 60.25 - 61.54
52-Week Range 52.16 - 71.39
Beta 0.83
Analysts Hold
Price Target n/a
Earnings Date Jul 20, 2024

About HDB

HDFC Bank Limited engages in the provision of banking and financial services to individuals and businesses in India, Bahrain, Hong Kong, and Dubai. The company operates in three segments: Treasury, Retail Banking, Wholesale Banking, and Other Banking Services. It accepts savings, salary, current, rural, public provident fund, pension, and demat accounts; fixed and recurring deposits; and safe deposit lockers, as well as offshore accounts and deposits, and overdrafts against fixed deposits. The company also provides personal, home, car, two-whee... [Read more]

Sector Financials
Founded 1994
Employees 173,222
Stock Exchange NYSE
Ticker Symbol HDB
Full Company Profile

Financial Performance

In 2022, HDFC Bank's revenue was 1.13 trillion, an increase of 26.75% compared to the previous year's 892.43 billion. Earnings were 495.45 billion, an increase of 28.35%.

Financial numbers in INR Financial Statements

News

India Is Building More Roads. 7 Stocks to Buy.

Infrastructure is key to the prime minister's ambitions to make India a global manufacturing center.

Other symbols: IBNSIEGY
7 weeks ago - Barrons

Japan's MUFG to buy 20% stake in HDFC Bank's IPO-bound arm, reports ET

Japan's MUFG will buy a 20% stake in HDB Financial Services, a non-banking unit of Indian private lender HDFC Bank , valuing its IPO-bound arm at $9 billion-$10 billion, business daily Economic Times ...

Other symbols: MUFG
3 months ago - Reuters

India's HDFC Bank closes $1.15 bln stake sale in HDFC Credila

India's HDFC Bank said on Wednesday it has completed the sale of its stake in education finance arm HDFC Credila for 95.53 billion rupees ($1.15 billion) to private equity firms BPEA EQT and ChrysCapi...

4 months ago - Reuters

Top 4 Financial Stocks Which Could Rescue Your Portfolio This Quarter - Forge Global Holdings (NYSE:FRGE), AlTi Global (NASDAQ:ALTI)

The most oversold stocks in the financial sector presents an opportunity to buy into undervalued companies.

Other symbols: FRGEALTITRIN
6 months ago - Benzinga

HDFC Bank shares hit 52-week low after Q3 earnings, what's next?

On BSE, the shares of HDFC Bank Ltd, a leading private sector lender in India, reached their 52-week low on Tuesday, continuing the downtrend following disappointing Q3 earnings. HDFC Bank's stock fel...

6 months ago - Invezz

HDFC Bank's stock bounces, after suffering worst 2-day selloff in 4 years

Shares of HDFC Bank Ltd. bounced Thursday, after disappointment over net interest margins and weaker deposit growth had sent them to their worst two-day performance in nearly four years.

6 months ago - Market Watch

As India's Economy Booms, Bargains Get Harder to Find. 7 Stocks to Consider.

The financial sector is prime hunting ground for names that still offer value. Leading private banks should grow faster than state-owned rivals.

Other symbols: IBNINDA
7 months ago - Barrons

HDFC Bank, Himalaya, and IndianOil are among the Winners of the 2023 - 2024 World Branding Awards

LONDON--(BUSINESS WIRE)-- #worldbranding--The 17th edition of the World Branding Awards honoured the success and achievements of some of the World's Best Brands as National, Regional, and Global Winne...

8 months ago - Business Wire

India is seeing a multidecade growth surge. Here's how you can invest in it.

If you would like to have investment exposure to a tremendous emerging market with good prospects for rapid growth over coming decades, you should look at India.

Other symbols: ACNCTSHEPIFLINGIBNINCO
9 months ago - Market Watch

India-based HDFC Bank reports 33% jump in revenue, re-appoints CEO for 3 years

HDFC Bank Ltd. HDB, -1.02% 500180, -0.47% disclosed Monday that the India-based bank reported fiscal second-quarter standalone revenue that grew 33.1% to INR380.93 billion ($4.58 billion) to beat the ...

10 months ago - Market Watch

India's HDFC Bank posts 4.9% sequential growth in loan book, rejigs management

India's HDFC Bank said on Wednesday its gross loans grew 4.9% sequentially in the July-September quarter to about 23.55 trillion rupees ($283 billion), on a like-to-like basis, after its merger with p...

10 months ago - Reuters

HDFC Bank flags hit to asset quality, margins post merger; shares slide 4%

India's top private lender HDFC Bank has warned that its merger with HDFC Ltd would hit key financial metrics including its margins and bad loan ratios, sending shares down 4% on Wednesday and draggin...

10 months ago - Reuters

Five stocks for investors who want to broaden their growth horizons beyond the S&P 500

U.S. investors know how successful a strategy of investing in the S&P 500 through an index fund has been, especially as large technology companies have led such strong growth over the past decade. But...

Other symbols: ACWXINDALVMUYTSM
11 months ago - Market Watch

India's HDFC Bank posts bigger-than-expected jump in Q1 profit

HDFC Bank , India's largest private lender, on Monday reported a bigger-than-expected 30% jump in first-quarter profit, helped by higher net interest income (NII) and strong loan growth.

1 year ago - Reuters

HDFC Bank signs up over 100,000 customers in digital rupee pilots

India's largest private lender HDFC Bank on Thursday said it has signed up over 100,000 customers and 170,000 merchants in pilot programmes using the central bank digital currency (CBDC).

1 year ago - Reuters

India's HDFC Bank to be added to MSCI Global indexes from July 13

Indian private lender HDFC Bank will be added to the MSCI Global Standard Indexes from July 13, while Housing Development Finance Corp (HDFC) will be removed, following the merger of the two companies...

1 year ago - Reuters

HDFC Bank says merged loan book with HDFC at $273.8 billion as of June end

India's HDFC Bank on Wednesday said its merged loan book with Housing Development Finance Corporation stood at about 22.45 trillion rupees ($273.77 billion) as at the end of the June quarter.

1 year ago - Reuters

India's HDFC Bank at record high post HDFC-merger, among world's top 10 banks by value

Shares of India's HDFC Bank hit an all-time high on Monday after it completed its merger with parent Housing Development Finance Corp (HDFC) , entering the coveted list of the world's top 10 banks by ...

1 year ago - Reuters

HDFC Bank is 'absolutely' a buy, says wealth management firm

Gurmeet Chadha of Complete Circle discusses the merger between HDFC and HDFC Bank, and says HDFC Bank is clocking in 15% to 16% of credit growth.

1 year ago - CNBC International TV

India's HDFC Bank completes $40 billion takeover of the country's largest mortgage lender. Here's what it means

The HDFC-HDFC Bank merger took effect on July 1, following shareholder and regulatory approvals.

1 year ago - CNBC

HDFC Bank Limited 20-F Available Online

NEW YORK--(BUSINESS WIRE)---- $HDB #20F--HDFC Bank Limited filed its Form 20-F for the year ended March 31, 2023 on June 29, 2023.

1 year ago - Business Wire

HDFC-HDFC Bank Merger Expected to Be Effective July 1

HDFC Chairman Deepak Parekh says the merger between India's largest mortgage financier and its sister firm, the nation's top lender, will likely be completed next week, and said to create one of the w...

1 year ago - Bloomberg Markets and Finance

India's HDFC, HDFC Bank merger to be effective July 1, CNBC-TV18 reports

The merger between Housing Development Finance Corporation (HDFC) and HDFC Bank will be effective on July 1, CNBC-TV18 reported on Tuesday, citing HDFC Chairman Deepak Parekh.

1 year ago - Reuters

Analysis: HDFC Bank-HDFC merger set to shake up debt funding for non-bank borrowers

The merger of Housing Development Finance Corp and HDFC Bank is set to shake up the debt fundraising market for non-bank financiers in India as the exit of a large borrower will leave investors search...

1 year ago - Reuters

India's HDFC Bank to keep home loans as focus of growth strategy post merger - sources

India's HDFC Bank Ltd will keep home loans at the centre of its growth strategy after a merger with HDFC Ltd is concluded, with such credit likely to make up nearly a third of the bank's portfolio goi...

1 year ago - Reuters