IDFC First Bank Ltd
NSE:IDFCFIRSTB
Net Margin
IDFC First Bank Ltd
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Net Margin Across Competitors
| Country | Company | Market Cap |
Net Margin |
||
|---|---|---|---|---|---|
| IN |
|
IDFC First Bank Ltd
NSE:IDFCFIRSTB
|
497.7B INR |
6%
|
|
| US |
|
JPMorgan Chase & Co
NYSE:JPM
|
733.7B USD |
32%
|
|
| ZA |
A
|
Absa Bank Ltd
JSE:ABSP
|
425.6B Zac |
17%
|
|
| ZA |
C
|
Capitec Bank Holdings Ltd
JSE:CPI
|
400B Zac |
25%
|
|
| ZA |
S
|
Standard Bank Group Ltd
JSE:SBK
|
384.2B Zac |
17%
|
|
| CN |
|
Industrial and Commercial Bank of China Ltd
SSE:601398
|
2.5T CNY |
41%
|
|
| US |
|
Bank of America Corp
NYSE:BAC
|
333.6B USD |
7%
|
|
| CN |
|
Agricultural Bank of China Ltd
SSE:601288
|
1.9T CNY |
36%
|
|
| US |
|
Wells Fargo & Co
NYSE:WFC
|
243.9B USD |
23%
|
|
| CN |
|
Bank of China Ltd
SSE:601988
|
1.6T CNY |
33%
|
|
| UK |
|
HSBC Holdings PLC
LSE:HSBA
|
154.9B GBP |
31%
|
IDFC First Bank Ltd
Glance View
IDFC First Bank Ltd. emerged from a strategic amalgamation that marked a new chapter in the Indian banking industry. The bank originated in 2018 from the merger of IDFC Bank, an offshoot of the infrastructure finance company IDFC Limited, and Capital First, a non-banking financial company specializing in retail lending. This union aimed to leverage IDFC Bank's extensive infrastructure finance expertise and Capital First's prowess in retail finance, establishing a diversified footprint across both wholesale and retail banking. The focus was, and remains, on providing a comprehensive range of financial services, from personal loans and credit cards to corporate banking and asset management. With a robust digital platform, IDFC First Bank is catering to the growing demand for seamless online banking experiences, drawing in tech-savvy customers while retaining a solid brick-and-mortar presence. Functioning on a diversified revenue model, IDFC First Bank generates income through traditional and innovative banking services. On one side, it earns interest income by lending to individuals and corporations, offering everything from home loans to business financing. Simultaneously, the bank collects fees and commissions from providing ancillary services, such as wealth management and insurance through strategic tie-ups. What sets IDFC First Bank apart is its strong emphasis on customer-centric growth, deploying an agile strategy that focuses on low-cost deposits and higher-margin retail lending. This dual-income strategy, coupled with a keen eye on asset quality and risk management, helps the bank navigate the dynamic financial landscape, aiming for sustainable growth and enhanced stakeholder value.
See Also
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Based on IDFC First Bank Ltd's most recent financial statements, the company has Net Margin of 5.7%.
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