Q4 results 2024: Yes Bank, ICICI Bank to IDFC First Bank: 13 companies to declare Q4 results today

As astir of the banks are challenged by falling NIM (Net Interest Margin), marketplace experts are expecting anemic numbers from astir of the banks and hence we request to analyse the Q4 results 2024 of ICICI Bank, Yes Bank, RBL Bank, IDFC First Bank, etc keeping this situation successful mind.

Yes Bank Q4 results 2024 preview

Speaking connected the expected Yes Bank Q4 results today, Avinash Gorakshkar, Head of Research astatine Profitmart Securities said, "Yes Bank is expected to present amended Q4FY24 numbers connected YoY but the numbers whitethorn not bushed its show connected a sequential basis. The large crushed for this is the falling nett involvement margins of each Indian banks including Yes Bank. However, the marketplace is experiencing a emergence successful the deposits owed to the emergence successful clientele of the backstage lender." Gorakshkar maintained that Yes Bank's nett net whitethorn emergence YoY but concern guidance volition beryllium crucial.

ICICI Bank Q4 results preview

Speaking connected the expected ICICI Bank Q4 results, Avinash Gorakshkar of Profitmart Securities said, "ICICI Bank volition beryllium capable to registry maturation successful nett net YoY, but the marketplace is not expecting large YoY emergence successful nett net of the backstage lender."

BNP Paribas believes that ICICI Bank's Q4 nett net whitethorn emergence 4.7 percent YoY, however, the brokerage says that the QoQ nett net of ICICI Bank whitethorn diminution by 7 percent to ₹9,551.6 crore.

"Key things to look for volition beryllium comments connected trends successful lodging indebtedness concern arsenic good arsenic Capex cycle, expected growth, and trends successful retail non-performing assets (NPAs)," says Equirus Securities report.

"Key interest would beryllium the advancement of NIM arsenic the outgo of funds is yet to peak, particularly with slower CASA growth. Deposit mobilization is apt to beryllium different cardinal country of discussion," Kotak Securities said.

IDFC First Bank Q4FY24 results 2024 preview

"The backstage lender is expected to state a mixed acceptable of numbers successful its Q4 results today. The backstage lender's NII is expected to leap portion the backstage lender is expected to spot challenges connected the profitability front. The marketplace is expecting backstage lender's nett net to spell down successful the precocious ended March 2024 quarter," said Avinash Gorakshkar.

According to a Morgan Stanley report, IDFC First Bank's nett involvement borderline (NIM) whitethorn witnesser a affirmative uptick, perchance improving by 41 ground points. However, this optimism is tempered by expectations of a 17 ground points summation successful recognition costs compared to Q4FY23.

Disclaimer: The views and recommendations made supra are those of idiosyncratic analysts oregon broking companies, and not of Mint. We counsel investors to cheque with certified experts earlier making immoderate concern decisions.

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Published: 27 Apr 2024, 08:28 AM IST