Overall Fundamental outlook

Business Operations:

Sector: Financial Services
Industry: Banks - Regional

Indian Bank provides various banking products and services. The company offers deposit products, including savings bank and current accounts, term deposits, and non resident Indian (NRI) accounts. It also provides agriculture, MSME, corporate, online, home, mortgage, vehicle, personal, educational, and jewel loans; supply chain finance; 59 minutes loans; loan/OD against deposits, NSC/KVP/ relief bonds of RBI/LIC policies; and other retail/personal loans. In addition, the company provides digital products, including IndOASIS, internet and SMS banking, debit and credit cards, national common mobility cards, mutual funds, IPO, demat, and trading services; Point of sale systems; online collection products; and other products, services, and schemes. It operates through multiple branches in India and overseas; as well as ATMs and BNAs. Indian Bank was incorporated in 1907 and is based in Chennai, India.

Revenue projections:

Revenue projections for INDIANB
Revenue projections for INDIANB

With INDIANB's revenues expected to fall below the previous year's, investors are likely to approach the stock with caution. Declining revenues can negatively affect profitability, which makes it harder for the company to maintain investor confidence and perform well in the market.

Financial Ratios:

currentRatio 0.000000
forwardPE 6.948797
debtToEquity 0.000000
earningsGrowth 0.299000
revenueGrowth 0.189000
grossMargins 0.000000
operatingMargins 0.495700
trailingEps 83.600000
forwardEps 80.630000

With positive earnings and revenue growth, INDIANB is on a path to expand its business. This strong financial performance suggests the company will continue to grow, as increasing profits and revenue highlight a healthy outlook.
INDIANB's forward EPS being lower than its trailing EPS suggests that the company's earnings may decline in the current year. This could indicate financial challenges ahead for the company.

Price projections:

Price projections for INDIANB
Price projections for INDIANB

Indian Bank's price projections have been gradually revised upward, reflecting increased confidence in the company's future performance. This trend suggests analysts expect Indian Bank to achieve greater success in the coming periods.

Recommendation changes over time:

Recommendations trend for INDIANB
Recommendations trend for INDIANB


Analysts' buy bias toward INDIANB suggests the stock is seen as a solid investment, potentially motivating investors to consider it for their portfolios. With this positive outlook, INDIANB is likely to be viewed as a secure place to allocate funds, driving further interest in the stock.