Federal Bank Reports Strong Q1 FY24-25 Metrics Amidst Market Adjustments

Federal Bank has recently undergone an adjustment in evaluation, reflecting the bank's ongoing performance and market dynamics. The recent financial metrics indicate a solid foundation, with a Gross Non-Performing Asset (NPA) ratio of 2.09%, which underscores the bank's effective lending practices.
The bank's long-term fundamentals are noteworthy, particularly with a compound annual growth rate (CAGR) in net profits of 21.29%. In its latest quarterly report for FY24-25, Federal Bank achieved its highest operating cash flow at Rs 7,552.96 crore, alongside a net interest income of Rs 2,367.23 crore. The credit-deposit ratio also stands at a significant 85.58%, highlighting the bank's efficient capital utilization.

Additionally, Federal Bank's return on assets (ROA) is recorded at 1.2, and its price-to-book value is noted at 1.5, suggesting a favorable valuation in the current market landscape. The stock has shown a commendable return of 32.09% over the past year, indicating its competitive position relative to the BSE 500 index. With institutional holdings at 75.23%, Federal Bank continues to assert itself as a formidable player in the banking sector.

Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.