Profit Statement |
Balance Sheet |
Ratios |
Valuation |
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Bandhan Bank has been growing its revenues and asset by 72.5% and 41.9% a year on average in the last 3 years. Its loans and deposits have grown by 47.2% and 52.9% a year during that time and loans to deposits ratio reached 91.7% at the end of 2018. The company achieved an average return on equity of 22.3% in the last three years with net profit growing 92.1% a year on average. In terms of operating efficiency, its cost to income ratio reached 32.1% in 2018, compared to 34.9% average in the last three years.
Equity represented 19.8% of total assets or 28.3% of loans at the end of 2018. Bandhan Bank's non-performing loans were 2.04% of total loans while provisions covered some 72.1% of NPLs at the end of 2018.
Bandhan Bank stock traded at INR 526 per share at the end of 2018 resulting in a market capitalization of USD 8,996 mil. Over the previous three years, stock price rose by 0% or 0% a year on average. That’s compared to an average ROE of 22.3% the bank generated for its shareholders. This closing price put stock at a 12-month trailing price to earnings (PE) of 32.2x and price to book value (PBV) of 5.61x in 2018.