IDFC First Bank

Company Description

IDFC FIRST Bank Limited (the Bank) is a universal bank. The Bank offers end-to-end corporate banking, trade finance, such as issuance of LCs & BGs, SBLC, packing credit, pre-shipment and post-shipment finance, including risk hedging solutions like forwards, swaps, options, and other forex solutions, SME banking, wealth management, cash management, nostro and vostro account operations, Escrow facilities, correspondent banking, fastag, toll-acquiring, dealer finance and purchase/sales invoice discounting. Its treasury segment primarily consists of the Bank’s investment portfolio, money market borrowing and lending, investment operations and the foreign exchange and derivatives portfolio of the Bank. Its corporate/wholesale banking segment provides loans, non-fund facilities, treasury products, and transaction services. Its retail banking segment lends to individual / business banking customers. Its other banking business segment includes the distribution of third-party products.

Analysis

ANALYSIS: With an Obermatt 360° View of 17 (better than 17% compared with alternatives), overall professional sentiment and financial characteristics for the stock IDFC First Bank are critical, mostly below average. The 360° View is based on consolidating four consolidated indicators, with three out of four indicators below average for IDFC First Bank. The consolidated Growth Rank has a good rank of 87, which means that the company experiences above-average growth momentum when looking at financial metrics such as revenue, profit, and invested capital growth, as well as stock returns. It ranks higher than 87% of competitors in the same industry. The other indicators are below average, namely the Value, Safety, and Sentiment Ranks.The Value Rank at 35 means that the share price of IDFC First Bank is on the high side compared with its peers regarding revenues, profits, and invested capital. The stock price is higher than for 65% of alternative stocks in the same industry. The consolidated Safety Rank has a riskier rank of 27, which means that the company has a riskier financing structure than 73% comparable companies when looking at the amount of its debt, its refinancing requirements, and its ability to service debt. The consolidated Sentiment Rank also has a low rank of 3, indicating professional investors are more pessimistic about the stock than for 97% of alternative investment opportunities. ...read more

Country

India

Industry Diversified Banks

Size Small

Website idfcfirstbank.com

Index

Good Governace Growth Markets

Independent Boards Growth Markets

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