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:
Revenue projections for J&KBANK Revenues for The Jammu and Kashmir Bank Limited are expected to drop compared to the previous year, which could be a cause for concern for investors. A decline in earnings may negatively impact the company's profitability, leading cautious investors to reconsider their positions, as it often signals challenges in overall financial health.
Financial Ratios:
currentRatio
0.000000
forwardPE
5.309424
debtToEquity
0.000000
earningsGrowth
-0.081000
revenueGrowth
0.116000
grossMargins
0.000000
operatingMargins
0.426880
trailingEps
19.510000
forwardEps
0.000000
J&KBANK's low earnings and revenue growth highlight a potential decline in profitability. This suggests that the company's financial health may be weakening, and profits could shrink as a result. J&KBANK's negative gross and operating margins indicate that the company is operating at a loss. This reflects an inability to cover production costs and operational expenses, which could undermine its financial stability.
Price projections:
Price projections for J&KBANK
Recommendation changes over time:
Recommendations trend for J&KBANK
With analysts showing a buy bias for J&KBANK, investors may be more inclined to see the stock as an attractive investment. The favorable outlook could spur increased interest, positioning J&KBANK as a safe and profitable place for investors to allocate their funds and seek growth.
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