Since its establishment in 2014, Bandhan Bank, a private sector bank with offices in Kolkata, has caused a stir in the Indian financial sector. The bank has been able to carve out a space for itself in the very competitive banking industry thanks to its commitment to assist the underbanked and underserved people of the nation. Industry professionals and investors have praised Bandhan Bank’s dedication to microfinance and its cutting-edge banking solutions.
If you’re considering making an investment in Bandhan Bank, you presumably have questions regarding the bank’s potential for future growth and share price targets. In this post, we’ll examine Bandhan Bank’s recent results in greater detail and attempt to predict its development trajectory going forward.
Recent news about Bandhan Bank
Bandhan Bank’s founder and managing director Chandrashekhar Ghosh announced that he will not continue as a part of the bank’s board in a non-executive role after his retirement on July 9. Ghosh clarified that the decision was voluntary and not influenced by the Reserve Bank of India (RBI). The bank is set to begin the process of finding Ghosh’s successor, with the names of potential candidates expected to be finalized by July. If the RBI’s approval for the new CEO is delayed, the board may consider appointing an interim chief executive officer. Ghosh’s retirement comes despite the board approving his re-appointment for another three years in November last year.
Bandhan Bank Q4 FY24 Results: Net Profit Plunges 94% Amid Higher Provisions, Dividend Announced
- Net Profit: Dropped 94% to ₹54.6 crore from ₹808.3 crore YoY.
- Net Interest Income (NII): Increased 16% to ₹2,866 crore from ₹2,471 crore YoY.
- Dividend: Recommended 15% (₹1.50 per share).
- Provisions and Contingencies: Rose to ₹1,774 crore from ₹735 crore YoY.
- Bad Loan Write-Offs: ₹3,850 crore written off, improving GNPA ratio to 3.84% from 7.02%.
- Loan and Deposit Growth: Loans grew 14.3%, deposits rose 25%.
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Bandhan Bank Share Price Target 2024
When | Maximum Price | Minimum Price |
July 2024 | 215.20 | 187.13 |
August 2024 | 223.81 | 194.62 |
September 2024 | 232.76 | 202.40 |
October 2024 | 228.20 | 198.44 |
November 2024 | 237.33 | 206.37 |
December 2024 | 239.70 | 208.44 |
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Bandhan Bank Share Price Target 2025
Bandhan Bank Share Price Target 2026 to 2030
BANDHAN BANK SHARE PRICE TARGET BY | Maximum Price | Minimum Price |
2026 | ₹434.04 | ₹303.83 |
2027 | ₹368.93 | ₹258.25 |
2028 | ₹664.08 | ₹464.85 |
2029 | ₹864.12 | ₹454.88 |
2030 | ₹919.13 | ₹563.39 |
In 2026, Bandhan Bank shares are expected to reach a maximum price of ₹434.04 and a minimum price of ₹303.83. As the years progress, 2027 may see a decrease with a maximum projected at ₹368.93 and a minimum of ₹258.25. Similarly, in 2028, the maximum price is forecasted to surge to ₹664.08, with a potential minimum of ₹464.85. By 2029, Bandhan Bank shares are anticipated to peak at ₹864.12, while the minimum could be around ₹454.88. Looking ahead to 2030, the maximum price of Bandhan Bank is projected to reach ₹919.13, with a potential minimum of ₹563.39.
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Financial Strength of Bandhan Bank (2020 to 2024)
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
Revenue | 10,885 | 12,524 | 13,872 | 15,905 | 18,870 |
Interest | 4,562 | 4,961 | 5,157 | 6,645 | 8,544 |
Expenses + | 3,739 | 6,534 | 11,298 | 8,693 | 9,547 |
Financing Profit | 2,584 | 1,029 | -2,584 | 567 | 778 |
Financing Margin % | 24% | 8% | -19% | 4% | 4% |
Other Income + | 1,549 | 2,022 | 2,822 | 2,469 | 2,165 |
Depreciation | 80 | 103 | 110 | 143 | 0 |
Profit before tax | 4,053 | 2,949 | 129 | 2,893 | 2,943 |
Tax % | 25% | 25% | 2% | 24% | 24% |
Net Profit + | 3,024 | 2,205 | 126 | 2,195 | 2,230 |
EPS in Rs | 18.78 | 13.69 | 0.78 | 13.62 | 13.84 |
Dividend Payout % | 0% | 7% | 0% | 11% | 11% |
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FAQ’s
What is the maximum share price target of Bandhan Bank in 2026?
In 2026, the maximum share price target for Bandhan Bank is expected to reach Rs. ₹434.04.
What is the maximum share price target of Bandhan Bank in 2027?
The maximum share price target for Bandhan Bank is anticipated to reach Rs. ₹368.93.
What is the maximum share price target of Bandhan Bank in 2028?
What is the maximum share price target of Bandhan Bank in 2029?
By 2029, Bandhan Bank’s maximum share price target is anticipated to reach Rs. 864.12.
What is the maximum share price target of Bandhan Bank in 2030?
In 2030, the maximum share price target of Bandhan Bank is expected to reach Rs. 919.13.
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