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

INDIANB's revenue is projected to decrease from last year, a development that could lead investors to adopt a more cautious approach. A revenue decline can negatively affect profitability, signaling challenges for the company and making it less attractive for those seeking solid financial performance.

Financial Ratios:

currentRatio 0.000000
forwardPE 6.693931
debtToEquity 0.000000
earningsGrowth 0.299000
revenueGrowth 0.185000
grossMargins 0.000000
operatingMargins 0.494290
trailingEps 83.610000
forwardEps 80.630000

INDIANB's positive earnings and revenue growth reflect a strong outlook for the company's business expansion. The company is expected to continue growing, with increasing profitability and sales driving further growth in the near future.
Indian Bank's forward EPS falling below its trailing EPS suggests the company is expected to be less profitable this year. This signals a potential decline in earnings, which may raise concerns about Indian Bank's financial future.

Price projections:

Price projections for INDIANB
Price projections for INDIANB

INDIANB's price projections have been revised higher over time, reflecting increased confidence in the company's future potential. This steady upward trend suggests analysts expect INDIANB to continue its positive trajectory.

Recommendation changes over time:

Recommendations trend for INDIANB
Recommendations trend for INDIANB


Analysts have been favoring INDIANB with a buy bias recently, signaling a promising investment opportunity. This optimistic outlook may attract more investors, positioning INDIANB as a desirable option for those seeking to invest their money in a stable, profitable company with strong growth potential.