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The Federal Bank Limited is currently in a long term uptrend where the price is trading 17.5% above its 200 day moving average.
From a valuation standpoint, the stock is 94.3% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 2.0.
The Federal Bank Limited's total revenue rose by 23.6% to $20B since the same quarter in the previous year.
Its net income has dropped by 7.4% to $4B since the same quarter in the previous year.
Finally, its free cash flow grew by 1189.7% to $74B since the same quarter in the previous year.
Based on the above factors, The Federal Bank Limited gets an overall score of 4/5.
Exchange | NSE |
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CurrencyCode | INR |
Sector | Financial Services |
ISIN | INE171A01029 |
Industry | Banks - Regional |
Market Cap | 495B |
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PE Ratio | 12.24 |
Dividend Yield | 0.6% |
Beta | 0.47 |
Target Price | 220.4706 |
The Federal Bank Limited provides a range of banking and financial services in India. The company operates through Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations segments. Its deposit products include savings accounts, current accounts, noor personal accounts, demat accounts, salary accounts, fixed deposits, cash certificates, recurring deposits, exchange earners' foreign currency accounts, gilt accounts, and NRI deposit schemes. In addition, the company's loan portfolio comprises personal, gold, housing, car, property, education and career, instant digital, SME business, agri and agri allied, and other loans; loans against sovereign gold bonds and fixed deposit; term loans, project finance, and working capital loans; and debit and credit cards. Further, it offers life, health, and general insurance products; cash management, wealth management, and merchant banking services; mutual funds, sovereign gold bonds, online trading, and national pension system; treasury products; and remittance, fund transfer, payment and collection, bill discounting, bank guarantees, letter of credit, packing credit limit, trade finance, LC bill discounting, safe deposit locker, e-commerce, internet banking, mobile banking, ATM, and tele banking services. The Federal Bank Limited operates a network of branches and ATMs/cash recyclers. The company was formerly known as Travancore Federal Bank Limited and changed its name to The Federal Bank Limited in March 1947. The Federal Bank Limited was incorporated in 1931 and is based in Aluva, India.
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