Fino Payments Bank Stock Price Analysis and Quick Research Report. Is Fino Payments 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.

Fino Payments Bank stock price today is Rs 283.36. Let’s look at how Fino Payments Bank is performing and if it is the right time to buy the stock of Fino Payments Bank with detailed analysis.

•  For Banking companies, The primary source of Income is interest earned on various loans given to individuals and corporates. Fino Payments Bank has earned Rs 150.046 Cr. revenue in the latest financial year. Fino Payments Bank has posted outstanding revenue growth of 94.9374170585879 % in last 3 Years.

• In terms of advances, Fino Payments Bank reported -41.0103 % YOY,  fall . If you see 3 years advance growth, it stands at -19.4229897863291 %.

• Currently, Fino Payments Bank has a CASA ratio of 100 %. It’s overall cost of liability stands at 3.7126 %. Also, the total deposits of Fino Payments Bank from these accounts stood at Rs 1412.54 Cr.

• Fino Payments Bank has a healthy ROA track record. The ROA of Fino Payments Bank is at 2.93 %.

• The Lender is efficiently  managing it’s overall asset portfolio. The Gross NPA and Net NPA stood at 0 % and 0 % 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 0 % 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 Fino Payments Bank surged and is currently at Rs 1328.3351 Cr.

• Fino Payments Bank has a inadequate Capital Adequacy Ratio of 0 .

• The best metric which provides insights about bank’s valuation is P/B ratio. Currently Fino Payments Bank is trading at a P/B of 3.2788 . The historical average PB of Fino Payments Bank was 2.24637048283652.

• Share Price: - The current share price of Fino Payments Bank is Rs 283.36. One can use valuation calculators of ticker to know if Fino Payments Bank share price is undervalued or overvalued.