IDFC First Bank Ltd. engages in the provision of financial and banking solutions. It operates through the following segments: Treasury, Corporate and Wholesale Banking, Retail Banking, Other Banking Business, and Unallocated. The Treasury segment consists of the Bank's investment portfolio; money market borrowing and lending; investment operations; and entire foreign exchange and derivative portfolio of the Bank. The Corporate and Wholesale Banking segment is involved in loans, non-fund facilities and transaction services to corporate relationship not included under Retail Banking, corporate advisory, project appraisal placement, and syndication. The Retail Banking segment constitutes lending to individuals and business banking customers through the branch network and other delivery channels. The Other Banking Business segment refers to revenue from distribution of third-party products. The Unallocated segment consists of items which are considered at an enterprise level. The company was founded by Rajiv Behari Lall on October 21, 2014, and is headquartered in Mumbai, India.
IDFC FIRST BANK LTD financial statements, including revenue, expenses, and profit: The total revenue of IDFCFIRSTB for the last quarter is 118.69 B INR, and it's 4.96% higher compared to the previous quarter. The net income of Q1 25 is 4.53 B INR.
IDFC FIRST BANK LTD dividends overview: IDFCFIRSTB dividends are paid annually. The last dividend per share was 0.25 INR. As of today, Dividend Yield (TTM)% is 0.00%.
IDFC FIRST BANK LTD earnings per share and revenue: IDFCFIRSTB earnings per share for the last quarter are 0.63 INR whereas the estimation was 0.55 INR which accounts for 15.24% surprise. Company revenue for the same period amounts to 71.60 B INR despite the estimated figure of 65.38 B INR. Estimated earnings per share for the next quarter are 0.70 INR, and revenue is expected to reach 71.71 B INR. Also watch annual changes over time to get a bigger picture of IDFCFIRSTB earnings per share and revenue dynamics.
IDFC FIRST BANK LTD revenue breakdown overview: IDFC FIRST BANK LTD revenue for the last year amounted to 263.14 B INR, the most of which — 392.01 B INR — came from its highest performing source at the moment, Other Retail Banking, the year earlier bringing 324.87 B INR. The greatest contribution to the revenue figure was made by India — last year it brought IDFC FIRST BANK LTD 434.78 B INR, and the year before that — 362.57 B INR.
Potential 50% Upside with Entry Price 69, Target Price 104,Timeframe 6-12 Months
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