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Federal Bank (Angel) CASA ratio improves; however, asset-quality woes continue |
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1QFY2012 Result Update | Date | Rating | Target Price | Recommendation Price | Broker house | | 3 Aug 2011 | buy | 478 | 406 | Angel Report | |
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Federal Bank (ICICI securities) Long-term view stays intact |
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Asset quality deteriorates, management confident of improvement;Lacklustre performance for the quarter |
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Federal Bank (Citi) 1Q12 Results: Steady but Modest Growth |
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1Q12 profits up 11%; in-line with our estimates;P&L: NIMs healthy, costs stable, fees and credit costs expected to improve;Balance Sheet: Stable growth, but asset quality an overhang;Longer-term positives, but near-term challenges remain | Date | Rating | Target Price | Recommendation Price | Broker house | | 1 Aug 2011 | buy | 437 | 420 | Citi Report | |
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Federal Bank (Sharekhan) Asset quality deteriorates |
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Ugly Duckling
NII growth in line
Margins largely stable, CASA ratio dips | Date | Rating | Target Price | Recommendation Price | Broker house | | 1 Aug 2011 | buy | 500 | 421 | Sharekhan Report | |
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Federal Bank (Sharekhan) Q1FY2012 results: First-cut analysis |
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Ugly Duckling
NII growth in line
Margins largely stable, CASA ratio dips
Muted growth in non-interest income
Operating expenses up 18.5% YoY | Date | Rating | Target Price | Recommendation Price | Broker house | | 29 Jul 2011 | buy | 500 | 425 | Sharekhan Report | |
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federal bank (MerrillLynchBofA) Takeaways from meeting with the CEO; Reiterate Buy |
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Preferred mid-cap pick; Reiterate Buy and PO of Rs510
| Date |
Rating |
Target Price |
Recommendation Price |
Broker house |
| 23 May 2011 |
buy |
510 |
432 |
MerrillLynchBofA Report |
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Reports.DesiStockResearch.com |
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federal bank (ICICIsec) Improvement in key parameters well in sight |
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federal bank (citi) 4Q11 Results: Asset Quality Stabilizing |
4Q11 profits up 47%, 9% ahead of our estimates; P&L: NIMs down, but so are credit costs; Balance sheet: Opportunistic loan growth, deposit mix stable; Strong capital, stabilizing fundamentals and inexpensive valuations
| Date |
Rating |
Target Price |
Recommendation Price |
Broker house |
| 9 May 2011 |
buy |
437 |
419 |
citi Report |
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Reports.DesiStockResearch.com |
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federal bank (Angel) Strong sequential business growth with lower slippages |
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federal bank (UBS) At the inflection point |
| Date |
Rating |
Target Price |
Recommendation Price |
Broker house |
| 8 Apr 2011 |
buy |
600 |
414 |
UBS Report |
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Reports.DesiStockResearch.com |
