Risk factor
Moderate default risk
Profitability factor
Weak margins and returns
About
DCB Bank Limited provides various banking and financial products and services in India. It operates through Treasury Operations, Wholesale Banking, Retail Banking, and Other Banking Operations segments. The Treasury Operations segment engages in various financial markets activities undertaken on behalf of the company's customers, proprietary trading, maintenance of reserve requirements, and resource mobilization from other banks and financial institutions. The Wholesale Banking segment's activities include lending, deposit taking, and other services offered to corporate customers. The Retail Banking segment's activities comprise lending, deposit taking, and other services offered to retail customers. The Other Banking Operations segment provides para banking services, such as third-party product distribution, merchant banking, etc. As of May 07, 2022, it operated through a network of 400 branches in India. The company was formerly known as Development Credit Bank Limited and changed its name to DCB Bank Limited in October 2013. DCB Bank Limited was incorporated in 1995 and is based in Mumbai, India.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. Specifically, the stock is 'cheap' on P/E. Editor's note: P/CR
Target Price
The average target price of DCBBANK.NS is 215 and suggests 23% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to i