Bandhan Bank Stock Price Analysis and Quick Research Report. Is Bandhan Bank an attractive stock to invest in?

The Indian Banking sector is rising rapidly due to infrastructure spending, favorable government policy, rising disposable income and increasing consumerism and easier access to credit.

The banking industry is in boom with growing demand across India. But is it the right time to invest in banking stocks is the question to be asked? We can look into more details and dig a little deeper into the analysis of the stock.

Bandhan Bank stock price today is Rs 175.19. Let’s look at how Bandhan Bank is performing and if it is the right time to buy the stock of Bandhan Bank with detailed analysis.

•  For Banking companies, The primary source of Income is interest earned on various loans given to individuals and corporates. Bandhan Bank has earned Rs 18869.6182 Cr. revenue in the latest financial year. Bandhan Bank has posted decent revenue growth of 14.6402106197191 % in last 3 Years.

• In terms of advances, Bandhan Bank reported 15.6362 % YOY,  rise . If you see 3 years advance growth, it stands at 14.0702653292768 %.

• Currently, Bandhan Bank has a CASA ratio of 37.0932 %. It’s overall cost of liability stands at 5.6369 %. Also, the total deposits of Bandhan Bank from these accounts stood at Rs 135201.9862 Cr.

• Bandhan Bank has a average ROA track record. The ROA of Bandhan Bank is at 1.3356 %.

• The Lender is efficiently  managing it’s overall asset portfolio. The Gross NPA and Net NPA stood at 3.84 % and 1.11 % respectively as on the latest financial year.

• One other important measure of banks’ financial health is provisioning coverage ratio. The YoY change in provision and contingencies is negative at -11.9522653009625 % which means it has decreased from the previous year.

• Non-Interest income or other incomes are very important for banks as it gives a regular source of income for bank with no additional risk. Other income of Bandhan Bank decreased and is currently at Rs 2164.6539 Cr.

• Bandhan Bank has a Good Capital Adequacy Ratio of 18.28 .

• The best metric which provides insights about bank’s valuation is P/B ratio. Currently Bandhan Bank is trading at a P/B of 1.1583 . The historical average PB of Bandhan Bank was 2.21957877478778.

• Share Price: - The current share price of Bandhan Bank is Rs 175.19. One can use valuation calculators of ticker to know if Bandhan Bank share price is undervalued or overvalued.