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 forecasted to dip below last year's figures, raising concerns for investors who are typically wary of declining financial performance. Such drops can directly affect the company's bottom line, potentially leading to a decrease in overall profitability, making investors more cautious in their decisions.

Financial Ratios:

currentRatio 0.000000
forwardPE 8.408276
debtToEquity 0.000000
earningsGrowth 0.110000
revenueGrowth 0.100000
grossMargins 0.000000
operatingMargins 0.485460
trailingEps 83.710000
forwardEps 80.630000

INDIANB's forward EPS being lower than its trailing EPS indicates that the company's earnings are projected to decrease. This suggests that INDIANB may struggle to maintain profitability at previous levels, potentially affecting its financial outlook.

Price projections:

Price projections for INDIANB
Price projections for INDIANB

Indian Bank's stock price has regularly been near the lower end of projections, indicating that it may be struggling to attract investor interest. This pattern suggests a cautious sentiment surrounding the company's future performance.

Recommendation changes over time:

Recommendations trend for INDIANB
Recommendations trend for INDIANB


Analysts' buy bias for Indian Bank signals that the stock is considered a favorable investment. This outlook might prompt investors to allocate funds to Indian Bank, seeing it as a solid and profitable choice to park their money and potentially benefit from the company's long-term growth.