TheScreener - DCB Bank (DCB) DCB BANK suffers a double requalification, which weighs heavily on its rating, now at Slightly Negative.

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EUR 14.38 For Business Accounts Only

DCB BANK suffers a double requalification, which weighs heavily on its rating, now at Slightly Negative.

The independent financial analyst theScreener just downgraded the general evaluation of DCB BANK (IN), active in the Money Center Banks industry. As regards its fundamental valuation, the title loses a star(s) and now shows 3 out of 4 stars. Its market behaviour is also negatively reassessed and may be considered as risky. theScreener believes that this double requalification keeps the title under pressure and justifies an overall rating downgrade to Slightly Negative. As of the analysis date November 26, 2021, the closing price was INR 89.45 and its target price was estimated at INR 78.37.

27/11/2021 1 EN

Underlying

DCB Bank

DCB Bank Limited is a scheduled commercial bank. The Bank's segments include Treasury Operations, Corporate/Wholesale Banking, Retail Banking and Other Banking Operations. The Treasury Operations segment includes all financial markets activities undertaken on behalf of the Bank's customers, trading, maintenance of reserve requirements and resource mobilization from other banks and financial institutions. The Corporate/Wholesale Banking segment includes lending, deposit taking and other services offered to corporate customers. The Retail Banking segment includes lending, deposit taking and other services offered to retail customers. The Other Banking Operations segment includes para banking activities like third party product distribution, merchant banking. The Bank has approximately 200 branches and approximately 410 automated teller machine (ATM) centers.

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INE503A01015 National Stock Exchange of India India

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DCB BANK suffers a double requalification, which weighs heavily on its rating, now at Slightly Negative.

Empowering Investors

MOSL : DCB BANK: Weak operating performance; loan growth seeing a recovery

Monthly LMI Update Independent Investment Research

AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

With a more favourable environment, VUKILE PROPERTY improves to Positive

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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