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 projected to decrease from last year, a development that could lead investors to adopt a more cautious approach. A revenue decline can negatively affect profitability, signaling challenges for the company and making it less attractive for those seeking solid financial performance.

Financial Ratios:

currentRatio 0.000000
forwardPE 7.047216
debtToEquity 0.000000
earningsGrowth 0.237000
revenueGrowth 0.179000
grossMargins 0.000000
operatingMargins 0.479300
trailingEps 78.560000
forwardEps 80.630000

INDIANB's positive earnings and revenue growth suggest that the company is expected to expand its business. This reflects a healthy financial outlook, as INDIANB's increasing profits and sales signal further growth in the near future.
INDIANB's forward EPS surpassing its trailing EPS signals that the company is anticipated to be more profitable this year than last. This growth expectation highlights INDIANB's potential for increased earnings and a stronger financial performance in the upcoming year.

Price projections:

Price projections for INDIANB
Price projections for INDIANB

Over time, price projections for INDIANB have risen steadily, pointing to growing optimism among analysts about the company's future. This upward trend suggests a positive outlook for INDIANB's continued growth.

Recommendation changes over time:

Recommendations trend for INDIANB
Recommendations trend for INDIANB


INDIANB has recently received a buy bias from analysts, indicating that the stock is being perceived as a favorable investment. This positive sentiment could encourage investors to see INDIANB as a wise place to allocate their funds, potentially leading to increased interest in the company's stock.