CSB Bank Stock Price Analysis and Quick Research Report. Is CSB 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.

CSB Bank stock price today is Rs 384.7. Let’s look at how CSB Bank is performing and if it is the right time to buy the stock of CSB Bank with detailed analysis.

•  For Banking companies, The primary source of Income is interest earned on various loans given to individuals and corporates. CSB Bank has earned Rs 2927.5423 Cr. revenue in the latest financial year. CSB Bank has posted outstanding revenue growth of 16.0670711015307 % in last 3 Years.

• In terms of advances, CSB Bank reported 17.8441 % YOY,  rise . If you see 3 years advance growth, it stands at 19.0082227293224 %.

• Currently, CSB Bank has a CASA ratio of 27.203 %. It’s overall cost of liability stands at 4.6102 %. Also, the total deposits of CSB Bank from these accounts stood at Rs 29718.8036 Cr.

• CSB Bank has a healthy ROA track record. The ROA of CSB Bank is at 1.7382 %.

• The Lender is efficiently  managing it’s overall asset portfolio. The Gross NPA and Net NPA stood at 1.47 % and 0.51 % 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 -170.503248549312 % 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 CSB Bank surged and is currently at Rs 584.2865 Cr.

• CSB Bank has a Good Capital Adequacy Ratio of 24.47 .

• The best metric which provides insights about bank’s valuation is P/B ratio. Currently CSB Bank is trading at a P/B of 1.5433 . The historical average PB of CSB Bank was 1.54370228609085.

• Share Price: - The current share price of CSB Bank is Rs 384.7. One can use valuation calculators of ticker to know if CSB Bank share price is undervalued or overvalued.