• SENSEX
    NIFTY 50
VIDEOS
Earnings

Federal Bank Q1 results preview: Key things to watch out for

Updated : July 16, 2019 08:39 AM IST

Federal Bank will report its first-quarter earnings on Tuesday and analysts expect the lender to report muted earnings this time around.

  • The street is expecting a muted quarter this time for Federal Bank given the fact that that loan growth is expected to be on the lower side.

  • The key things to watch will be the improvement in net interest margin (NIM), which stood at 3.17 percent last quarter.

  • The loan growth, which had been averaging around 24-25 percent, fell to around 20 percent last quarter. So if it sustains over there, it will be positive and anything below that will be negative.

  • One should remember that in the previous quarter for the first time RoA of Federal Bank had crossed 1 percent. So sustaining that will be a key thing to watch.

  • The movement in asset quality will be seen very closely. Last quarter, the gross non-performing asset (NPA) was at 2.92 percent.

  • CNBC-TV18’s poll suggests net interest income (NII) growth of close to 16 percent while net profit can grow by 36.5 percent. However, on a sequential basis, the analysts are expecting a decline in net profits by 6 percent.
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV