South Indian Bank Share Price: We will tell you about the share price target of South Indian Bank, that how high its stock price can go in the coming time. For example, South Indian Bank is a very famous private bank, which was established in 1929 and its headquarters is located in Thrissur, Kerala.
It provides you many financial services, in which you are also provided digital banking solutions. This bank is in both rural and urban areas, due to which people like this bank more.
South Indian Bank Overview
You can open your savings and current bank account in this bank, in which you also get very good interest. You can take different loans from this bank according to your need, such as personal loan, home loan, car loan, education loan, small manufacturing enterprise loan and you can take money for many things from the bank at a low interest rate.
You can do insurance and investment with South Indian Bank, in which you get the facility of life insurance, general insurance, and also invest in some good companies through mutual fund companies.
| Company Name | South Indian Bank |
| Founded | 1929 |
| Headquarters | Thrissur, Kerala |
| Industry | Finance |
| CEO | P. R. Seshadri |
| Stock Exchange Listing | NSE & BSE |
| Official Website | southindianbank.com |
You can get good interest returns with fixed deposit, recurring deposit, savings investment in this bank. South Indian Bank has very modern technology due to which it provides you online banking, mobile banking, UPI service, etc.
South Indian Bank Fundamental Analysis
| Metric | Value |
|---|---|
| Market Cap | ₹6,284.31 Cr. |
| ROE | 13.81% |
| ROCE | 14.36% |
| P/E | 5.19 |
| P/B | 0.67 |
| Div. Yield | 1.25% |
| Book Value | ₹35.91 |
| Face Value | ₹1 |
| EPS (TTM) | ₹4.63 |
| 52 Week High | ₹36.90 |
| 52 Week Low | ₹22.27 |
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South Indian Bank Financials
Income Statement
| (INR) | 2024 | Y/Y Change |
|---|---|---|
| Revenue | 45.08B | 31.64% |
| Operating expense | 28.96B | 28.63% |
| Net income | 10.70B | 38.03% |
| Net profit margin | 23.74 | 4.86% |
| Earnings per share | 5.09 | 37.57% |
| EBITDA | – | – |
| Effective tax rate | 30.00% | – |
Balance Sheet
| (INR) | 2024 | Y/Y Change |
|---|---|---|
| Cash and short-term investments | 51.65B | 74.61% |
| Total assets | 1.17T | 9.02% |
| Total liabilities | 1.09T | 7.49% |
| Total equity | 88.26B | – |
| Shares outstanding | 2.62B | – |
| Price to book | 0.74 | – |
| Return on assets | 0.95% | – |
| Return on capital | – | – |
Cash Flow
| (INR) | 2024 | Y/Y Change |
|---|---|---|
| Net income | 10.70B | 38.03% |
| Cash from operations | -31.94B | 67.31% |
| Cash from investing | -19.86B | -414.41% |
| Cash from financing | 81.21B | 34.63% |
| Net change in cash | 29.42B | 171.35% |
| Free cash flow | — | — |
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South Indian Bank Share Price Target From 2024 to 2030
| Year | Target Price |
|---|---|
| South Indian Bank Target Price 2024 | ₹31 |
| South Indian Bank Target Price 2025 | ₹52 |
| South Indian Bank Target Price 2026 | ₹64 |
| South Indian Bank Target Price 2027 | ₹80 |
| South Indian Bank Target Price 2028 | ₹105 |
| South Indian Bank Target Price 2029 | ₹130 |
| South Indian Bank Target Price 2030 | ₹156 |
South Indian Bank Share Price Target 2024
By 2030, the share price target of South Indian Bank can increase to 31 INR. South Indian Bank is recovering its bad loans, which also reduces its NPA, which shows the strong financial position of the bank, which gives confidence to the investor regarding the stock of the bank.
South Indian Bank Share Price Target 2025
South Indian Bank’s share price target can reach 52 INR in 2024. Most of the Non-Resident Indian (NRI) people have bank accounts open in this bank, in which they save the money coming from any other country in their bank account, due to which the creditability of their bank also increases and in the coming time, the share price of their bank can be seen going up.
South Indian Bank Share Price Target 2026
South Indian Bank Share Price Target can reach 64 INR in 2025. As the Indian economy is growing, small and medium enterprises are doing business by taking loans from the bank, due to which the demand for loans within the bank has increased and this has improved the profitability of the bank.
South Indian Bank Share Price Target 2027
South Indian Bank’s share price target is expected to increase to 80 INR by 2026. South Indian Bank is offering its services by entering into strategic partnerships with big companies. For example, in collaboration with fintech firms and insurance companies, they are growing their bank with the help of strategic partnerships with the payment platform.
South Indian Bank Share Price Target 2028
South Indian Bank is expected to reach its share price target of 105 INR in 2027. South Indian Bank has a very good presence in the South in Kerala and Tamil Nadu, due to which it is able to build very good relations in its local area and at the same time, it is also able to show more trust to its customers towards its bank, due to which its brand value also increases.
South Indian Bank Share Price Target 2029
The share price target of South Indian Bank can increase to 130 INR by 2028. The bank is expanding its service portfolio with many products in which it is offering digital banking, loans, deposits and insurance, so that it can increase the revenue of the bank by showing good growth in different segments.
South Indian Bank Share Price Target 2030
South Indian Bank share price target can be 156 INR by 2029. Increasing NIM which is the difference between interest income and interest paid on deposits, along with improving the bank’s profitability from lending operations helps in driving its share price up.
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South Indian Bank Shareholding Pattern
- Retail & Other: 81.45%
- Promoters: 0.00%
- Foreign Institution: 13.44%
- Mutual Funds: 2.19%
- Other Domestic Institution: 2.91%
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South Indian Bank Competitors/Peer Companies
- HDFC Bank
- ICICI Bank
- Kotak Mahindra Bank
- Axis Bank
- IndusInd Bank
- IDBI Bank
- Yes Bank
- IDFC First Bank
- AU Small Fin Bank
- The Federal Bank
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Conclusion
So friends, in today’s article we shared with you information about South Indian Bank Share Price Target 2024-2030 and understood the company’s financials in detail.
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FAQs
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Is South Indian Bank profitable?
Yes.
-
Is South Indian Bank stock a good buy?
Yes.
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What type of bank is South Indian Bank?
It is a private sector bank.
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Is it safe to deposit in South Indian Bank?
Yes.
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Has South Indian Bank been nationalized?
Yes.
Disclaimer: The information in this blog is for educational purposes only, and the targets mentioned in it are given as suggestions by market analysts. Therefore, before investing your money in any company, it is mandatory to get complete information about the company and consult your financial advisor.
