Federal Bank Share Price Target 2024-2030 Today Update, Business Profile, Fundamentals & Quarterly Results

Indian private sector bank Federal Bank Limited offers a wide range of financial and banking services. Over 1400 branches and 1900 ATMs serve the bank’s approximately 16.6 million customers in India, where it has been in business for more than 90 years. In 1931, Travancore Federal Bank Limited was incorporated as The Federal Bank Limited. It offers retail and corporate banking, treasury and foreign exchange business, and parabanking activities like third-party product distribution and debit cards. It is Kerala’s largest private sector bank and the second-largest bank overall.

Federal Bank Share Price Target 2024-2030

Federal Bank Limited, an Indian private sector bank, provides a wide range of banking and financial services. The bank’s approximately 16.6 million customers in India, where it has been in business for more than 90 years, are served by over 1400 branches and 1900 ATMs. The Federal Bank Limited was established as Travancore Federal Bank Limited in 1931. It offers retail and corporate banking, depository and unfamiliar trade business, and parabanking exercises like outsider item circulation and charge cards. It is the second-largest bank overall and the largest private sector bank in Kerala.

Federal Bank Share Price Target Today Update

In the market, Federal Bank’s share price has remained relatively constant with little variation. The FEDERALBNK NSE is currently trading at Rs 149.60, with one or two points of slight movement. On its corporate website, Federal Bank Limited made the recent announcement at the beginning of March that it would be incorporating the capabilities of Google Generative AI into its services to improve the digital banking process for customers.

Federal Bank Latest News

• The price of Federal Bank Share Price Today has not changed significantly over time, making it a steady stock on the market. FEDERALBNK NSE today is exchanging at Rs 149.60 and has been exclusively up/somewhere around a couple of points of edge.
• As of late, in the primary seven day stretch of Spring, Government Bank Restricted acquainted its work with further fortify its digitation cycle by empowering Google Generative computer based intelligence abilities on its administrations.
• This move will permit banking customers to utilize a few Man-made consciousness instruments to upgrade their financial experience on Bank’s corporate site.

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Federal Bank Business Profile

Federal Bank gives its clients individual, corporate, NRI, SME banking, and internet banking administrations. They have over 1900 ATMs and over 1400 branches in 24 states across India. Federal Bank is generally found in Kerala, Tamil Nadu, Karnataka, and Maharashtra. The accompanying administrations are accessible from them: Web banking, Versatile banking, online bill installment, online charge assortment, online strict contributions, store administrations, online e-exchange administrations, Money The board Administrations.

Loan Book

55% of the whole advance book comprises of retail credits while the other 45% comprises of discount credits. 35% of the credits are classified as corporate and institutional banking (CIB), retail (32%), Agri (13%), Business Banking (CoB) (10%) or Pal (8%), Business Vehicles and Development Hardware (1%) , MFI (1%).

Strategic Alliances

A strategic partnership that the bank recently formed with Cholamandalam M S General Insurance Company Ltd for the distribution of motor insurance products can now be found in its CV/CE Business segment. Following the collaboration, the bank now has a total of eight insurance partners. Digitized financial tasks have broadly been acknowledged by the bank. 94% of exchanges are adjusted carefully (Retail + Corporate).

Subsidiaries and JV Operations

• Federal Operations and Services Ltd –FedServ, or Federal Operations and Services Limited, is the Bank’s wholly owned subsidiary company. The organization gives functional and innovation situated administrations to the Bank. It very well may be situated in Bangalore, Visakhapatnam, and Kochi.
• Fedbank Financial Services Ltd – Toasts items from the Bank Retail resource promoting. All through the entire of India, there are places for Retail Center points and they have been set up. A different approach has been incorporated into the system in order to expedite the processing of retail loans received through this channel.
• Ageas Federal Life Insurance Company – In organization with Ageas, the bank has together settled extra security organization. Since March 2008, the life insurance products have been for sale.
• Equirus Capital Pvt Ltd – It operates in India and provides portfolio and WM services in addition to IB, FI, insurance broking, institutional equities, and other services. It additionally claims three auxiliaries, Equirus Protections Private Restricted, Equirus Advanced Private Restricted and Equirus Abundance Private Restricted.

Federal Bank Fundamentals & Quarterly Results

Market Cap	₹ 42,921 Cr.
Current Price	₹ 176
High / Low	₹ 176 / ₹ 121
Stock P/E	11.1
Book Value	₹ 105
Dividend Yield	0.57 %
ROCE	7.56 %
ROE	17.5 %
Face Value	₹ 2.00
Debt to equity	10.8
Debt Capacity	-3.81
Debt preceding year	₹ 2,38,850 Cr.
Debt	₹ 2,38,850 Cr.
Reserves	₹ 21,699 Cr.
EPS	₹ 15.9
EPS last year	₹ 15.9
Pledged percentage	0.00 %
FCF Prev Ann	₹ 8.35 Cr.
EV/EBITDA	13.4
Industry PE	13.1
PEG Ratio	0.45
Piotroski score	6.00
Earnings yield	7.49 %
Sales growth 5 Years	15.2 %

Federal Bank Quarterly Results

	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Revenue	3,686	3,843	4,259	4,698	5,012	5,350	5,791	6,085	6,339
Interest	2,030	2,104	2,349	2,585	2,938	3,255	3,544	3,760	3,936
Expenses	1,363	1,351	1,541	1,544	1,574	1,634	1,661	1,814	1,917
Financing Profit	294	388	369	569	500	461	586	511	486
Financing Margin %	8%	10%	9%	12%	10%	9%	10%	8%	8%
Other Income	484	475	628	565	768	741	757	908	810
Depreciation	0	0	0	0	0	0	0	0	0
Profit before tax	778	863	997	1,134	1,269	1,202	1,343	1,420	1,296
Tax %	25%	26%	26%	25%	26%	26%	26%	25%	25%
Net Profit	599	645	745	856	964	894	1,007	1,067	996
EPS in Rs	2.79	3.02	3.48	3.99	4.51	4.16	4.23	4.26	3.99
Gross NPA %	2.78%	2.67%	2.45%	2.42%	2.35%	2.37%	2.27%	2.28%	2.11%
Net NPA %	0.98%	0.96%	0.82%	0.77%	0.73%	0.74%	0.68%	0.68%	0.63%

CAGR Report

	10 Years	5 Years	3 Years	TTM / 1 Year
Compounded Sales Growth	13%	15%	18%	32%
Compounded Profit Growth	16%	24%	33%	23%
Stock Price CAGR	11%	11%	28%	42%
Return on Equity	12%	14%	15%	18%

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Federal Bank Shareholding Pattern

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
FIIs	31.29%	37.79%	37.24%	33.31%	24.51%	26.01%	26.94%	28.57%
DIIs	30.88%	31.05%	29.73%	37.10%	43.29%	43.25%	43.66%	45.16%
Public	37.83%	31.16%	33.03%	29.59%	32.20%	30.74%	29.41%	26.28%
No. of Shareholders	1,70,800	3,05,854	3,40,330	3,62,898	5,29,134	7,23,623	7,36,674	8,70,010

Federal Bank Share Price Target 2024-2030 Forecast

Month	Target
January	₹396
February	₹404
March	₹412
April	₹398
May	₹385
June	₹372
July	₹387
August	₹402
September	₹418
October	₹426
November	₹435
December	₹444

Federal Bank Share Price Target 2025

Month	Target
January	₹202
February	₹206
March	₹210
April	₹203
May	₹196
June	₹189
July	₹197
August	₹205
September	₹213
October	₹217
November	₹221
December	₹225

Federal Bank Share Price Target 2026

Month	Target
January	₹230
February	₹235
March	₹240
April	₹232
May	₹224
June	₹217
July	₹226
August	₹235
September	₹244
October	₹249
November	₹254
December	₹259

Federal Bank Share Price Target 2027

Month	Target
January	₹264
February	₹269
March	₹274
April	₹265
May	₹256
June	₹247
July	₹257
August	₹267
September	₹278
October	₹284
November	₹290
December	₹296

Federal Bank Share Price Target 2028

Month	Target
January	₹302
February	₹308
March	₹314
April	₹304
May	₹294
June	₹284
July	₹295
August	₹307
September	₹319
October	₹325
November	₹332
December	₹339

Federal Bank Share Price Target 2029

Month	Target
January	₹346
February	₹353
March	₹360
April	₹348
May	₹336
June	₹325
July	₹338
August	₹352
September	₹366
October	₹373
November	₹380
December	₹388

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Federal Bank Share Price Target 2030

Month	Target
January	₹396
February	₹404
March	₹412
April	₹398
May	₹385
June	₹372
July	₹387
August	₹402
September	₹418
October	₹426
November	₹435
December	₹444

Points Before investing in Federal Bank Stock

• Federal Bank is presently going to enlist itself at the BSE Monetary Administrations Record, joining any semblance of HDFC Bank, Aditya Birla Capital and Goodbye Speculation Partnership.
• The date of highlighting the Federal Bank on the list is March 18th, 2024. Last month, FEDERALBNK NSE target cost at the stock trade was anticipated to be Rs 180 by Emkay Worldwide Monetary.
• This report came after the Federal Bank share expanded by 10% in February’s third week as news reports of KVS Manian (Kotak Mahindra Bank) joining the Administrative Bank went on air.
• Federal Bank’s net benefit took its portions of acclaim from financial backers as it expanded by 25.3 development in its second from last quarter of the monetary year 2024 (Q3FY24). In its past monetary year, second from last quarter, ‘the Federal Bank’s net benefit was at Rs 803.61 crores and has expanded to Rs 1,006.74 crores in (Q3 FY24) year over year.
• In the third quarter of fiscal year 2024 (FY2024 Q3), Federal Bank’s net interest income is Rs 2,123.4, up from Rs 1,956.5 crores year-over-year.
• In the third week of February in 2024, Axis Securities had recommended “Buy” shares of Federal Bank. Axis Securities’ Rajesh Malviya advised investors to purchase, hold, and accumulate shares of Federal Bank at prices between Rs 185 and Rs 145.

Final Words

While the stock market hasn’t been particularly volatile in the past, investors haven’t had a particularly pleasant experience with the Federal Bank Share Price. FEDERALBNK NSE Stock has only increased by 64% over the past five years of trading on the National Stock Exchange, going from Rs 91.40 per share on March 13, 2024, to Rs 148.35 today. Throughout the span of the most recent a year, Federal Bank Offer Cost has just expanded by 15% and 3% over the most recent a half year. This development framework of the stock means that an unfortunate development direction for Federal Bank Ltd financial backers.