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 J&KBANK is projected to see a decline in revenue compared to last year, which could lead to investor caution. A drop in earnings is often viewed as a negative signal for profitability, making it more difficult for the company to maintain investor confidence in its financial health.
Financial Ratios:
currentRatio
0.000000
forwardPE
5.628796
debtToEquity
0.000000
earningsGrowth
0.158000
revenueGrowth
0.089000
grossMargins
0.000000
operatingMargins
0.386740
trailingEps
19.510000
forwardEps
0.000000
Price projections:
Price projections for J&KBANK
Recommendation changes over time:
Recommendations trend for J&KBANK
The recent buy bias from analysts suggests The Jammu and Kashmir Bank Limited is seen as a strong investment, encouraging more investors to consider it. With this favorable sentiment, The Jammu and Kashmir Bank Limited appears to be a reliable option for parking money, offering stability and long-term growth potential in the stock market.
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