IDFC First Bank Share Price Target 2024, 2025, 2030, 2040, 2050
Our quest today is to investigate the anticipated IDFC First Bank Share Price Target from 2023 to 2050.
We will forecast using our research and the company’s growth possibilities. After our adventure, you will comprehend the IDFC First Bank Share Price Target.
What is IDFC First Bank Ltd NSE: IDFCFIRSTB?
IDFC First Bank Ltd., a significant Indian private sector bank, offers a variety of financial products and services to individuals, small companies, and corporations. In December 2018, IDFC Bank and Capital First merged to establish the bank. It trades on the National Stock Exchange of India as IDFCFIRSTB.
IDFC First Bank provides services such as savings and current accounts, fixed and recurring deposits, house loans, personal loans, automobile loans, working capital loans, and wealth management. The bank emphasizes technology and digital banking to make services easy and efficient.
IDFC First Bank Share Price Target 2024
Analysts estimate IDFC First Bank shares to trade at Rs 85-95 in 2024. The bull case scenario says the stock might hit Rs 110, while the bad case estimates Rs 75.
| Scenario | Minimum Price | Maximum Price |
| Bear Case | Rs 75 | Rs 80 |
| Average | Rs 85 | Rs 95 |
| Bull Case | Rs 100 | Rs 110 |
IDFC First Bank Share Price Target 2025
In 2025, experts anticipate IDFC First Bank’s stock price to reach Rs 100-120. The bull case forecasts Rs 140 for the stock, while the bear case predicts Rs 90.
| Scenario | Minimum Price | Maximum Price |
| Bear Case | Rs 90 | Rs 95 |
| Average | Rs 100 | Rs 120 |
| Bull Case | Rs 130 | Rs 140 |
IDFC First Bank Share Price Target 2030
IDFC First Bank’s stock price is expected to be between Rs 200 and 250 by 2030, with a bull case aim of Rs 300 and a bear case estimate of Rs 180.
| Scenario | Minimum Price | Maximum Price |
| Bear Case | Rs 180 | Rs 190 |
| Average | Rs 200 | Rs 250 |
| Bull Case | Rs 280 | Rs 300 |
IDFC First Bank Share Price Target 2040
In 2040, experts expect IDFC First Bank’s stock price to reach Rs 500-600. The bull case estimates Rs 700 for the stock, while the bear case estimates Rs 450.
| Scenario | Minimum Price | Maximum Price |
| Bear Case | Rs 450 | Rs 480 |
| Average | Rs 500 | Rs 600 |
| Bull Case | Rs 650 | Rs 700 |
IDFC First Bank Share Price Target 2050
IDFC First Bank stock price is expected to fluctuate between Rs 1000-1200 by 2050, with a bull case aim of Rs 1500 and a bear case estimate of Rs 900.
| Scenario | Minimum Price | Maximum Price |
| Bear Case | Rs 900 | Rs 950 |
| Average | Rs 1000 | Rs 1200 |
| Bull Case | Rs 1400 | Rs 1500 |
Should I Buy IDFC First Bank Stock?
IDFC First Bank stock should be bought depending on your financial objectives, risk tolerance, and investment horizon. Consider these factors:
- IDFC First Bank’s retail banking expertise positions them to gain from India’s booming consumer financing industry.
- Digital technology and platforms might boost efficiency, save costs, and improve the bank’s customer experience.
- The bank’s asset quality has improved, but deterioration might hurt profits.
- Consider the bank’s value compared to its peers and historical levels to decide whether the stock price is a good starting opportunity.
Before investing, do your homework and talk to a financial professional.
IDFC First Bank Ltd Earning Results
| Year | Net Interest Income | Net Profit |
| FY20 | Rs 6,076 crore | Rs 111 crore |
| FY21 | Rs 7,380 crore | Rs 452 crore |
| FY22 | Rs 8,849 crore | Rs 145 crore |
Expert Forecasts on the Future of IDFC First Bank Ltd.
Overall, analysts like IDFC First Bank’s future. Expert prediction highlights:
- Strength in retail banking, especially consumer financing, is projected to underpin development in the coming years.
- IDFC First Bank’s mobile banking app and online lending platforms might boost efficiency and client acquisition.
- The bank’s emphasis on granular deposits and financing mix could boost its long-term growth and profitability.
- Given the economic uncertainty, economists warn that the bank must closely monitor asset quality and control lending costs.
Is IDFC First Bank Stock Good to Buy? (Bull Case & Bear Case)
Bull Case:
- Retail banking has high growth potential.
- Boosting digital efforts for efficiency and customer acquisition
- Enhancing asset quality and profitability
- Well-positioned for India’s rising consumer finance market
Bear Case:
- Intense financial rivalry might squeeze profitability.
- Economic difficulties and uncertainty might hurt credit growth and asset quality.
- Higher provisioning expenses may hurt profits.
- Dependence on wholesale finance sources might be risky during liquidity crises.
Conclusion
A well-established private sector bank, IDFC First Bank is strong in retail banking. Consumer financing, digital efforts, and asset quality boost the bank’s growth. Investors should examine their financial objectives, risk tolerance, and banking industry issues before investing despite the bank’s long-term stock price expectations being optimistic.
