More about The Jammu and Kashmir Bank Limited
Fundamentals for The Jammu and Kashmir Bank Limited
Regulatory Filings for The Jammu and Kashmir Bank Limited
Fundamentals for The Jammu and Kashmir Bank Limited
Business Operations:
Sector: Financial ServicesIndustry: Banks - Regional
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:
Revenues for J&KBANK are forecasted to decline from last year's levels, prompting caution among investors. When revenues fall, it can have a significant negative impact on the company's bottom line, reducing profitability and making the stock less attractive to risk-averse investors.
Financial Ratios:
| currentRatio | 0.000000 |
|---|---|
| forwardPE | 8.065218 |
| debtToEquity | 0.000000 |
| earningsGrowth | 0.000000 |
| revenueGrowth | 0.000000 |
| grossMargins | 0.000000 |
| operatingMargins | 0.233030 |
| trailingEps | 19.570000 |
| forwardEps | 16.100000 |
With forward EPS less than trailing EPS, J&KBANK is expected to see reduced earnings. This suggests the company may face profitability challenges in the current financial year compared to the previous one.
Price projections:
The Jammu and Kashmir Bank Limited's price projections have gradually increased over time, indicating that analysts are becoming more optimistic about the company's prospects. This suggests confidence in The Jammu and Kashmir Bank Limited's ability to achieve future growth.
Recommendation changes over time:
Recent analysis shows a strong buy bias for J&KBANK, encouraging investors to view it as a solid investment option. The positive sentiment surrounding J&KBANK suggests it could be an attractive place to allocate funds, motivating potential investors to consider the stock as a valuable part of their portfolio.
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