More about The Jammu and Kashmir Bank Limited
Fundamentals for The Jammu and Kashmir Bank Limited
Regulatory Filings for The Jammu and Kashmir Bank Limited
Fundamentals for The Jammu and Kashmir Bank Limited
Business Operations:
Sector: Financial ServicesIndustry: Banks - Regional
The Jammu and Kashmir Bank Limited provides various banking products and services. The company operates through Treasury Operations, Corporate/Wholesale Banking, Retail Banking, and Other Banking Business segments. It offers savings, current, salary, pension, and small accounts; and term deposits. In addition, the company provides housing, consumer, education, term, car, coaching fee, personal consumption, and skill loans; festival advances; and laptop/PC, smartphone, school education, modular kitchen, Sahafat, solar equipment, and two-wheeler finance services, as well as cash credit schemes, and loans against gold ornaments and jewellery. Further, it offers commercial vehicle, school bus, passenger bus/mini bus, dastkar, craftsmen, commercial premises, contractor, mini sheep farm establishment, construction equipment, and tourism financing services; Saral financing services to small businessmen; mortgage loans for trade and service sector, loans against property, fair price shop schemes, and start-ups financing services; Karobar cards; guaranteed emergency credit lines; credit guarantee schemes for subordinate debt; asset based agri loans, fruit advances schemes, and Giri finance schemes; and mortgage loan schemes for agricultural produce traders. Additionally, the company provides govt sponsored schemes; life and non-life insurance products; debit, credit, and prepaid cards; and merchant acquiring services. The Jammu and Kashmir Bank Limited was incorporated in 1938 and is headquartered in Srinagar, India.
Revenue projections:
Investors may react cautiously to news that J&KBANK's revenues are forecasted to be lower than last year's. Such declines are likely to have a negative effect on the company's bottom line, which can lead to concerns about profitability and hinder investor confidence in the company's future performance.
Financial Ratios:
| currentRatio | 0.000000 |
|---|---|
| forwardPE | 6.432919 |
| debtToEquity | 0.000000 |
| earningsGrowth | 0.100000 |
| revenueGrowth | 0.019000 |
| grossMargins | 0.000000 |
| operatingMargins | 0.448860 |
| trailingEps | 19.570000 |
| forwardEps | 16.100000 |
J&KBANK's lower forward EPS compared to trailing EPS suggests the company will likely experience reduced earnings in the current year. This may signal a less optimistic financial outlook.
Price projections:
Recommendation changes over time:
A recent buy bias from analysts toward J&KBANK may inspire confidence in investors, who could view the stock as a promising investment. This positive sentiment suggests that J&KBANK might be an appealing option for those looking to grow their wealth through stock market investments.
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