Federal Bank Ltd Share Price – NSE  /  BSE

Banks, Small Cap

The bank’s retail credit book grew by 25% and wholesale credit book grew by 14%. Retail to wholesale ratio at the end of Q1 FY25 was at 56:44 respectively.

Total deposits reached Rs 2,66,082 crore as on 30 June 2024, registering a growth of 20% over the deposit base of Rs 2,22,496 Crore as on 30 June 2023. The bank’s customer deposits (total deposits excl interbank deposits and certificates of deposit) aggregated to Rs 2,51,991 crore, up 20% YoY.

CASA ratio was at 29.28% as on 30 June 2024 as against 31.85% as on 30 June 2023.

Federal Bank operates through four segments: treasury, corporate or wholesale banking, retail banking and other banking operations. The bank has 1,504 banking outlets and 2,015 ATMs/recyclers as on 31 March 2024.

The private lender’s standalone net profit rose marginally to Rs 906.30 crore in Q4 FY24 as against Rs 902.61 crore posted in Q4 FY23. Total income rose 23.42% year on year (YoY) to Rs 6,732.23 crore in the quarter ended 31 March 2024.

Powered by Capital Market - Live News

Federal Bank has allotted 4,61,890 equity shares under ESOS on 19 June 2024.

Powered by Capital Market - Live News

Federal Bank has allotted 27,39,222 equity shares under ESOS on 12 June 2024.

Powered by Capital Market - Live News

Federal Bank Ltd is up for a third straight session today. The stock is quoting at Rs 165.55, up 2.16% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 3.01% on the day, quoting at 23209. The Sensex is at 76202.69, up 3.03%. Federal Bank Ltd has gained around 1.13% in last one month.

Meanwhile, Nifty Bank index of which Federal Bank Ltd is a constituent, has gained around 3.84% in last one month and is currently quoting at 48983.95, up 3.65% on the day. The volume in the stock stood at 136.13 lakh shares today, compared to the daily average of 105.94 lakh shares in last one month.

The benchmark June futures contract for the stock is quoting at Rs 166.95, up 2.39% on the day. Federal Bank Ltd is up 30.05% in last one year as compared to a 24.82% jump in NIFTY and a 15.13% jump in the Nifty Bank index.

The PE of the stock is 10.61 based on TTM earnings ending March 24.

Powered by Capital Market - Live News