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 projections indicate a decrease from last year's performance, which could lead to investor caution. A fall in revenue is likely to negatively impact the company's profitability, causing concern for shareholders who may view this as a signal of declining financial health.

Financial Ratios:

currentRatio 0.000000
forwardPE 8.960248
debtToEquity 0.000000
earningsGrowth 0.081000
revenueGrowth 0.138000
grossMargins 0.000000
operatingMargins 0.475320
trailingEps 85.450000
forwardEps 97.815380

INDIANB's forward EPS exceeding its trailing EPS means that the company is expected to increase profitability in the current financial year. This reflects improved earnings potential, signaling that INDIANB is likely to outperform its previous year's financial performance.

Price projections:

Price projections for INDIANB
Price projections for INDIANB

Indian Bank's price projections have gradually risen, indicating growing confidence in the company's prospects. This upward trend suggests that analysts expect Indian Bank to continue performing well in the future.

Recommendation changes over time:

Recommendations trend for INDIANB
Recommendations trend for INDIANB


INDIANB has garnered a buy bias from analysts recently, suggesting the stock is a good investment opportunity. This may lead to increased investor interest, as INDIANB is seen as a reliable place to park money for those looking to benefit from potential market gains and company growth.