{"id":4580,"date":"2025-07-04T15:42:50","date_gmt":"2025-07-04T10:12:50","guid":{"rendered":"https:\/\/www.eqwires.com\/tutorials\/?p=4580"},"modified":"2025-07-04T15:42:51","modified_gmt":"2025-07-04T10:12:51","slug":"%f0%9f%9a%80-bandhan-bank-bank-of-baroda-au-sfb-bajaj-finance-what-analysts-say-after-q1-updates","status":"publish","type":"post","link":"https:\/\/www.eqwires.com\/tutorials\/%f0%9f%9a%80-bandhan-bank-bank-of-baroda-au-sfb-bajaj-finance-what-analysts-say-after-q1-updates\/","title":{"rendered":"\ud83d\ude80 Bandhan Bank, Bank of Baroda, AU SFB, Bajaj Finance: What Analysts Say After Q1 Updates"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\" id=\"0\">India\u2019s leading lenders and NBFCs have announced their Q1 business updates, providing crucial insights into how growth, margins, and deposit mobilization are shaping up in FY26. Let\u2019s take a detailed look at what analysts are saying about Bandhan Bank, Bank of Baroda, AU Small Finance Bank, and Bajaj Finance after their latest numbers.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">\ud83c\udfe6 <strong>Bandhan Bank: CASA Under Pressure, Growth Slows<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Key Highlights:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>CASA ratio <strong>fell sharply<\/strong> to <strong>27.06%<\/strong> vs. 33.4% YoY and 31.4% QoQ.<\/li>\n\n\n\n<li>Low-cost deposits declined by 5.8% YoY and 11.8% sequentially.<\/li>\n\n\n\n<li>Loans and advances grew just <strong>6.4% YoY<\/strong>, but actually contracted <strong>2.5% QoQ<\/strong> to \u20b91.34 lakh crore.<\/li>\n\n\n\n<li>Net profit dropped ~19% YoY to \u20b9721 crore.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Analyst View:<\/strong><br>Nomura downgraded the stock to <em>Neutral<\/em>, citing:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\"><em>\u201cWeak deposit and loan growth, margin pressure, and soft fee income remain key concerns.\u201d<\/em><\/p>\n<\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Investor Takeaway:<\/strong><br>Watch if Bandhan can rebuild its low-cost deposit base and regain growth momentum.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">\ud83d\udcbc <strong>Bank of Baroda: Solid Retail Gains, Margin Concerns<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Q1 Snapshot:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Total business up <strong>11% YoY<\/strong> to \u20b926.4 lakh crore.<\/li>\n\n\n\n<li>Domestic retail advances rose ~17%, deposits grew ~8%.<\/li>\n\n\n\n<li>Treasury gains partially cushioned margin softness.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Analyst Rating:<\/strong><br>Nomura retained a <em>Neutral<\/em> stance due to margin pressure but noted healthy business growth.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Investor Takeaway:<\/strong><br>Expect stable operations with moderate growth; monitor treasury and core fee income trends.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">\ud83c\udf1f <strong>AU Small Finance Bank: Strong Growth Continues<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Performance Highlights:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Gross advances rose <strong>23.1% YoY<\/strong>, <strong>2.6% QoQ<\/strong>.<\/li>\n\n\n\n<li>Deposits grew <strong>31.3% YoY<\/strong>, <strong>2.8% QoQ<\/strong>.<\/li>\n\n\n\n<li>CASA ratio remained robust; CD ratio at ~87.4%.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Analyst Commentary:<\/strong><br>Motilal Oswal Financial Services (MOFSL) maintained a <em>Buy<\/em> rating:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\"><em>\u201cHealthy growth in advances and deposits demonstrates the bank\u2019s execution strength.\u201d<\/em><\/p>\n<\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Investor Takeaway:<\/strong><br>AU SFB remains a high-growth play among small finance banks.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">\ud83d\udcb9 <strong>Bajaj Finance: Strong AUM and Customer Acquisition<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Business Update:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>AUM grew <strong>25% YoY<\/strong> to \u20b94.41 lakh crore.<\/li>\n\n\n\n<li>New loans booked jumped <strong>23% YoY<\/strong> to 13.49 million.<\/li>\n\n\n\n<li>Deposit book rose <strong>15% YoY<\/strong> to \u20b972,100 crore.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Analyst Consensus:<\/strong><br>Most brokerages maintained a <em>Buy<\/em> rating with ~\u20b9915 target, citing consistent execution and growth visibility.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Investor Takeaway:<\/strong><br>Bajaj Finance continues to outperform peers, though valuations remain elevated.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">\ud83d\udd0d <strong>Quick Comparison Table<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th><strong>Company<\/strong><\/th><th><strong>Q1 Highlights<\/strong><\/th><th><strong>Analyst View<\/strong><\/th><\/tr><\/thead><tbody><tr><td>Bandhan Bank<\/td><td>CASA decline, weak growth<\/td><td>Neutral (Nomura)<\/td><\/tr><tr><td>Bank of Baroda<\/td><td>Retail growth, margins under pressure<\/td><td>Neutral (Nomura)<\/td><\/tr><tr><td>AU SFB<\/td><td>Robust advances and deposits<\/td><td>Buy (MOFSL)<\/td><\/tr><tr><td>Bajaj Finance<\/td><td>Strong AUM and loan growth<\/td><td>Buy (Consensus)<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\" id=\"0\">\u2705 <strong>Summary for Investors<\/strong><br>These updates underline how deposit costs and lending growth are diverging across banks and NBFCs. While AU SFB and Bajaj Finance are sustaining momentum, Bandhan faces near-term challenges, and Bank of Baroda remains steady with moderate growth.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\" id=\"0\"><strong><a href=\"https:\/\/www.eqwires.com\/tutorials\/who-is-the-best-sebi-registered-investment-advisor-in-i\">Eqwires Research Analyst<\/a><\/strong><\/p>\n\n\n\n<p class=\"has-dark-gray-color has-text-color wp-block-paragraph\"><strong><a href=\"https:\/\/www.eqwires.com\/\">Top-notch SEBI registered research analyst<\/a><\/strong><\/p>\n\n\n\n<p class=\"has-dark-gray-color has-text-color wp-block-paragraph\"><strong><a rel=\"noreferrer noopener\" href=\"https:\/\/www.eqwires.com\/\" target=\"_blank\">Best SEBI registered Intraday tips provider <\/a><\/strong><\/p>\n\n\n\n<p class=\"has-dark-gray-color has-text-color wp-block-paragraph\"><a href=\"mailto:info@eqwires.com\"><strong>info@eqwires.com<\/strong><\/a><\/p>\n\n\n\n<p class=\"has-dark-red-color has-text-color wp-block-paragraph\"><strong><a href=\"https:\/\/t.me\/eqwires\">Telegram&nbsp;<\/a>|&nbsp;<a href=\"https:\/\/www.facebook.com\/eqwires\/\">Facebook&nbsp;<\/a>|&nbsp;<a href=\"https:\/\/instagram.com\/Eqwires\">Instagram<\/a><\/strong><\/p>\n\n\n\n<p class=\"has-dark-red-color has-text-color wp-block-paragraph\"><strong>Call: +91 9624421555 \/&nbsp;<em>+91 9624461555<\/em><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><a href=\"http:\/\/www.eqwires.com\/\">www.eqwires.com<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>India\u2019s leading lenders and NBFCs have announced their Q1 business updates, providing crucial insights into how growth, margins, and deposit mobilization are shaping up in FY26. Let\u2019s take a detailed look at what analysts are saying about Bandhan Bank, Bank of Baroda, AU Small Finance Bank, and Bajaj Finance after their latest numbers. \ud83c\udfe6 Bandhan Bank: CASA Under Pressure, Growth Slows Key Highlights: Analyst View:Nomura downgraded the stock to Neutral, citing: \u201cWeak deposit and loan &hellip; <a href=\"https:\/\/www.eqwires.com\/tutorials\/%f0%9f%9a%80-bandhan-bank-bank-of-baroda-au-sfb-bajaj-finance-what-analysts-say-after-q1-updates\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;\ud83d\ude80 Bandhan Bank, Bank of Baroda, AU SFB, Bajaj Finance: What Analysts Say After Q1 Updates&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":4581,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[74],"tags":[],"class_list":["post-4580","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-sebi-registered-advisory-company"],"_links":{"self":[{"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/posts\/4580","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/comments?post=4580"}],"version-history":[{"count":1,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/posts\/4580\/revisions"}],"predecessor-version":[{"id":4582,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/posts\/4580\/revisions\/4582"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/media\/4581"}],"wp:attachment":[{"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/media?parent=4580"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/categories?post=4580"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/tags?post=4580"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}