Overall Fundamental outlook

Business Operations:

Sector: Financial Services
Industry: 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:

Revenue projections for J&KBANK
Revenue projections for J&KBANK

Revenues for J&KBANK are expected to drop compared to the previous year, which could be a cause for concern for investors. A decline in earnings may negatively impact the company's profitability, leading cautious investors to reconsider their positions, as it often signals challenges in overall financial health.

Financial Ratios:

currentRatio 0.000000
forwardPE 6.033918
debtToEquity 0.000000
earningsGrowth 0.185000
revenueGrowth 0.195000
grossMargins 0.000000
operatingMargins 0.429890
trailingEps 19.460000
forwardEps 0.000000

J&KBANK's positive earnings and revenue growth signal that the company is expected to expand its business. The company's increasing profits and sales reflect strong financial health, suggesting continued growth and success in the coming periods.

Price projections:

Price projections for J&KBANK
Price projections for J&KBANK



Recommendation changes over time:

Recommendations trend for J&KBANK
Recommendations trend for J&KBANK


Analysts' buy bias for J&KBANK signals that the stock is considered a favorable investment. This outlook might prompt investors to allocate funds to J&KBANK, seeing it as a solid and profitable choice to park their money and potentially benefit from the company's long-term growth.