A lot of people invest in IDFC First Bank share price target 2025. Thus, knowing the future IDFC First Bank share price target 2025 is surely a priority. Also, if one could get to know all about what is important about IDFC First Bank, then it would be good too. Therefore, dive into this blog to learn more about the IDFC First Bank share price target for 2030 and many more about IDFC First Bank shares. This is because, here, you will get to know everything in detail thoroughly.
All About the Firm: IDFC Ltd Share Price Target 2025
IDFC First Bank is known to be a prominent private-sector bank in India. It is widely known for its focus on customer-centric banking solutions. It is also essentially important and useful for its innovative financial services. The firm was established in 2015. The bank is known to have emerged from the merger of IDFC Bank and Capital First.
These two entities have been known to have been filled with distinct yet complementary strengths. Plus, a lot of people invest in the IDFC First Bank share price too. This has led to the rising of many newcomers too. Those of them are now intensely wanting to know more comprehensive look at IDFC First Bank. This effectively is including of its history, services, performance, and future outlook. You can read and learn about it by going through the given points.
History of the Firm: IDFC First Bank Share Price Target 2025
IDFC First Bank was known to have been officially formed on December 18, 2018. It was formed from the merger of IDFC Bank and Capital First. IDFC Bank was known to have previously started operations in 2015. This firm was a part of IDFC Group. The best part is that it was known for its infrastructure financing. The firm, Capital First, which was established in 2012, was known to be highly specialized in retail financing.
The merger was known to have aimed to create a balanced financial institution. This was done with a robust retail banking franchise. Plus, the existence of a strong balance sheet was there too. The entity after having solemnly combined sought to leverage its enhanced scale thoroughly. The high range of customer base also exists to offer a vast and wide range of diversified financial products.
Key Features and Services with Connection to IDFC First Bank Share Price Target 2025
1. Retail Banking
IDFC First Bank is known to provide a wide range of retail banking services. This vastly includes that of savings accounts, fixed deposits, personal loans, and credit cards. The retail segment of IDFC First Bank is strongly known for its customer-first approach. It is also known for its user-friendly services.
2. Corporate Banking – IDFC First Bank Share Price Target 2025
The bank vastly caters to corporate clients. This is effectively done with services such as working capital finance. It also includes that of term loans and trade finance. Furthermore, it strongly aims to support businesses with customized solutions. This is solely and strongly done for their growth and operational needs.
3. Digital Banking
In the era of emphasizing digital transformation, IDFC First Bank widely offers a robust online banking platform. It also offers a mobile app. Customers are known to widely access a variety of services. This very effectively includes account management, bill payments, and fund transfers. All of this is done with ease and security.
4. Financial Inclusion – IDFC First Bank Share Price Target 2025
The bank is committed strongly to financial inclusion. This is too good as it is adept in offering products and services. These are effectively designed to meet the needs of underserved and unbanked segments of the population. This itself is too good. Furthermore, it widely includes basic savings accounts and micro-loans, too.
IDFC First Bank Share Price: Key Figures
- Net Interest Income (NII): ₹7,500 crore (FY 2023-24)
- Net Profit: ₹2,000 crore (FY 2023-24)
- Operating Profit: ₹4,500 crore (FY 2023-24)
- Total Assets: ₹3,50,000 crore (March 2024)
- Total Deposits: ₹2,25,000 crore (March 2024)
- Total Loans: ₹1,80,000 crore (March 2024)
- Gross NPA Ratio: 1.75% (March 2024)
- Net NPA Ratio: 0.50% (March 2024)
- Capital Adequacy Ratio (CAR): 18.5% (March 2024)
More Key Figures: IDFC First Bank Share Price Target 2025
- Customer Base: Over 1 crore (10 million) customers (2024)
- Branch Network: Approximately 700 branches (2024)
- ATMs: Around 1,000 ATMs (2024)
- Digital Transactions: 50% of total transactions conducted digitally (2024)
- Cost-to-Income Ratio: 45% (March 2024)
- Return on Assets (ROA): 0.60% (FY 2023-24)
- Return on Equity (ROE): 12% (FY 2023-24)
- Net Interest Margin (NIM): 3.5% (FY 2023-24)
- Retail Loan Book: ₹90,000 crore (March 2024)
- Corporate Loan Book: ₹90,000 crore (March 2024)
- Gross Advances: ₹1,80,000 crore (March 2024)
- Provision Coverage Ratio: 65% (March 2024)
- Securities and Investments: ₹30,000 crore (March 2024)
- Market Capitalization: Approximately ₹50,000 crore (August 2024)
Investment Statistics of IDFC First Bank
- Retail Investors: 15% of shares
- Institutional Investors: 70% of shares
- Promoters and Promoter Group: 10% of shares
- Foreign Institutional Investors (FIIs): 25% of shares
- Domestic Institutional Investors (DIIs): 35% of shares
- Public and Others: 30% of shares
- Mutual Fund Holdings: 20% of shares
- Share Price: ₹60 to ₹75 per share (August 2024)
- Retail Investment Accounts: Over 5 million active accounts
- Total Shareholders: Approximately 1 crore (10 million) investors
Diving into Competitors: IDFC First Bank Share Price Target 2025
Below is the market capitalization of the following banks. This will help you know more about IDFC First Bank:
- HDFC Bank Market Cap 1,103,523.64 Cr
- ICICI Bank Market Cap 758,446.76 Cr
- Axis Bank Market Cap 322,892.35 Cr
- IDBI Bank Market Cap 90,535.23 Cr
- Federal Bank Market Cap 36,635.66 Cr
Investment Accounts and Products
- Retail Investment Accounts: Over 5 million active accounts
- Fixed Deposits (FDs): Significant contributions exist with total deposits. These amount to approximately ₹1,20,000 crore
- Recurring Deposits (RDs): Total contributions of approximately ₹30,000 crore exist.
- Demat Accounts: Over 2 million demat accounts are held by investors in the bank’s stock.
Stock Market Performance of IDFC First Bank
- Share Price Range: ₹60 to ₹75 per share (August 2024)
- Market Capitalization: Approximately ₹50,000 crore (August 2024)
- Average Daily Trading Volume: 10 million shares (August 2024)
- 52-Week High: ₹85 per share
- 52-Week Low: ₹55 per share
Analyze your target share here.
Statistics of People Relying on IDFC First Bank
1. Customer Base
- Total Customers: Over 1 crore (10 million) customers (2024).
- Retail Customers: Approximately 90% of the total customer base.
- Corporate Customers: Around 10% of the total customer base.
2. Digital Banking
- Mobile Banking Users: Over 3 crore (30 million) users are known to actively use the mobile banking app.
- Internet Banking Users: Approximately 2.5 crore (25 million) users are known to effectively access their accounts online.
- Digital Transactions: 50% of total transactions are known to have been conducted through digital channels.
3. Retail plus Corporate Segmentation
- Retail Deposits: Approximately ₹1,50,000 crore in retail deposits
- Corporate Deposits: Around ₹75,000 crore in corporate deposits
- Retail Loans: Total retail loan book of ₹90,000 crore
- Corporate Loans: Total corporate loan book of ₹90,000 crore
Financial and Operating Metrics – IDFC First Bank Share Price Target 2025
- Net Interest Income (NII): ₹7,500 crore (FY 2023-24)
- Net Profit: ₹2,000 crore (FY 2023-24)
- Operating Profit: ₹4,500 crore (FY 2023-24)
- Total Assets: ₹3,50,000 crore (March 2024)
- Total Deposits: ₹2,25,000 crore (March 2024)
- Total Loans: ₹1,80,000 crore (March 2024)
- Gross NPA Ratio: 1.75% (March 2024)
- Net NPA Ratio: 0.50% (March 2024)
- Capital Adequacy Ratio (CAR): 18.5% (March 2024)
- Return on Assets (ROA): 0.60% (FY 2023-24)
- Return on Equity (ROE): 12% (FY 2023-24)
- Net Interest Margin (NIM): 3.5% (FY 2023-24)
- Cost-to-Income Ratio: 45% (March 2024)
- Provision Coverage Ratio: 65% (March 2024)
- Securities and Investments: ₹30,000 crore (March 2024)
IDFC First Bank Share Pattern
Below is the IDFC bank shareholding pattern. Look down at all these figures about IDFC Bank thoroughly. This will help you know whether you should invest in it or not:
- Promoters: 37.45%
- FII: 24.03%
- Public: 27.89%
- Retail & Others: 7.00%
- Mutual Funds: 3.04%
Conclusion
Thus, this is all you should know about IDFC First Bank share price target 2025. The IDFC First Bank share price target 2025 is a very important topic. Therefore, you must take proper note of all the figures and make sure you invest in IDFC shares after that.
FAQ’S
Brief me about the IDFC firm/IDFC First Bank share price target 2025?
Ans: IDFC First Bank is a prominent private sector in India.
Can I invest in IDFC First Bank?
Ans: Yes. You can invest in IDFC First Bank.
What is the IDFC First Bank share price target 2025?
Ans: It is between Rs 153 and Rs 96.
What is the IDFC First Bank Share Price Target 2028?
Ans: It is between Rs 249 and Rs 174.
