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1 Comment
CSB Bank Limited is currently in a long term uptrend where the price is trading 40.9% above its 200 day moving average.
From a valuation standpoint, the stock is 89.4% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 3.7.
CSB Bank Limited's total revenue rose by 78.7% to $4B since the same quarter in the previous year.
Its net income has increased by 88.5% to $530M since the same quarter in the previous year.
Based on the above factors, CSB Bank Limited gets an overall score of 4/5.
Exchange | NSE |
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CurrencyCode | INR |
Sector | Financial Services |
Industry | Banks - Regional |
ISIN | INE679A01013 |
Market Cap | 61B |
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PE Ratio | 11.24 |
Target Price | 403.3333 |
Beta | 0.32 |
Dividend Yield | None |
CSB Bank Limited provides banking and financial services for small and medium enterprises, retail, and NRI customers in India. The company operates through Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations segments. It offers savings and current, and fixed deposit accounts; life and general life insurances; digital access, which includes net and mobile banking, e-passbook, pay bill, and online transaction registration services; and doorstep banking services. In addition, the company provides personal, gold, vehicle, home, and educational loans; tax payer's liquidity and casy cash scheme, medicash, VIP car loan, and base rate and service charges; and NRI banking services including NRO, NRE, FCNR, RFC accounts, loans, inward remittance, correspondent banks, SWIFT central, and forex rates, as well as Agri/FI banking services. Further, it offers SME and corporate banking services, which includes term and working capital loans, export and import finance, letter of credit, buyer and suppliers credit, commercial vehicle loans, inland and TReDs bill discounting, and cash credit and overdraft services; and trade finance services, such as packing credit, export bill collection, discounting, negotiation, purchase, export LC advising, and advance remittance against export services. CSB Bank Limited was formerly known as The Catholic Syrian Bank Limited. CSB Bank Limited was incorporated in 1920 and is based in Thrissur, India.
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