S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
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Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
Saudi Arabia to reduce oil output by 1 million barrels per day, while rest of OPEC+ extends previous cuts through 2024
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Saudi Arabia is slashing oil supply. It could mean higher gas prices for US drivers
Laser breakthrough could send stock soaring 2,467% (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
Chuck Todd leaving NBC political panel show 'Meet the Press' and being replaced by Kristen Welker
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
Saudi Arabia to reduce oil output by 1 million barrels per day, while rest of OPEC+ extends previous cuts through 2024
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Saudi Arabia is slashing oil supply. It could mean higher gas prices for US drivers
Laser breakthrough could send stock soaring 2,467% (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
Chuck Todd leaving NBC political panel show 'Meet the Press' and being replaced by Kristen Welker
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
Saudi Arabia to reduce oil output by 1 million barrels per day, while rest of OPEC+ extends previous cuts through 2024
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Saudi Arabia is slashing oil supply. It could mean higher gas prices for US drivers
Laser breakthrough could send stock soaring 2,467% (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
Chuck Todd leaving NBC political panel show 'Meet the Press' and being replaced by Kristen Welker
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
Saudi Arabia to reduce oil output by 1 million barrels per day, while rest of OPEC+ extends previous cuts through 2024
NYSE:HDB

HDFC Bank (HDB) Stock Forecast, Price & News

$65.48
+0.72 (+1.11%)
(As of 06/2/2023 ET)
Compare
Today's Range
$64.80
▼
$65.66
50-Day Range
$64.38
▼
$70.89
52-Week Range
$51.04
▼
$71.76
Volume
1.43 million shs
Average Volume
1.95 million shs
Market Capitalization
$121.04 billion
P/E Ratio
21.40
Dividend Yield
0.90%
Price Target
N/A
ProfileChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media

HDFC Bank MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.18% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
17.09%
From $3.51 to $4.11 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.45 out of 5 stars

Finance Sector

433rd out of 871 stocks

Commercial Banks, Not Elsewhere Classified Industry

17th out of 30 stocks

See Top Rated MarketRank™ Stocks Here

HDB stock logo

About HDFC Bank (NYSE:HDB) Stock

HDFC Bank Ltd. engages in the provision of banking and financial services, including commercial banking and treasury operations. The firm also provides financial services to upper and middle income individuals and corporations in India. It operates through the following segments: Treasury, Retail Banking, Wholesale Banking and Other Banking Operations. The Treasury segment consists of bank's investment portfolio, money market borrowing and lending, investment operations and trading in foreign exchange and derivative contracts. The Retail Banking segment provides loans and other services to customers through a branch network and other delivery channels. The Wholesale Banking segment provides loans, non-fund facilities and transaction services to large corporates, emerging corporates, public sector units, government bodies, financial institutions, and medium scale enterprises. The Other Banking Business segment includes income from para banking activities such as credit cards, debit cards, third party product distribution, primary dealership business, and the associated costs. The company was founded by Aditya Tapishwar Puri in August 1994 and is headquartered in Mumbai, India.

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HDB Stock News Headlines

May 31, 2023 | forbes.com
HDFC Ergo Bike Insurance: Meaning, Benefit & Types
May 26, 2023 | sg.finance.yahoo.com
HDFC-HDFC Bank merger in 4-5 weeks; bank's margin to drop, say analysts
June 4, 2023 | Legacy Research (Affiliate) (Ad)
“One-Stock Millionaire” IGNORES 99.9% of the Market
During the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret.
May 25, 2023 | msn.com
HDFC Bank HDFC merger in 5 weeks top highlights from analyst meet bse nse share price sensex nifty
May 25, 2023 | benzinga.com
Here's How Much You Would Have Made Owning HDFC Bank Stock In The Last 20 Years
May 25, 2023 | msn.com
HDFC Bank shares at Rs 1,960? Analysts see up to 21% upside for stock post management meet. Here's why
May 25, 2023 | msn.com
HDFC Bank analyst meet: What management says on HDFC merger; share price targets & more
May 25, 2023 | msn.com
Why HDFC Bank remains a preferred pick of top brokerages
June 4, 2023 | Legacy Research (Affiliate) (Ad)
“One-Stock Millionaire” IGNORES 99.9% of the Market
During the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret.
May 15, 2023 | msn.com
Post-merger HDFC Bank faces `dharmsankat’ over life insurance arm, says Macquarie
May 12, 2023 | msn.com
BAP vs. HDB: Which Stock Should Value Investors Buy Now?
May 11, 2023 | finance.yahoo.com
3 Reasons Growth Investors Will Love HDFC Bank (HDB)
May 11, 2023 | msn.com
HDFC and HDFC Bank merger to bring changes to interest rates and rules? Know here
May 8, 2023 | msn.com
Now get an HDFC Bank personal loan in 10 seconds
May 8, 2023 | marketwatch.com
HDFC Bank rises Monday, outperforms market
May 5, 2023 | msn.com
HDFC Bank Share Price Today: Stock Tumbles By Over 5 Pc | Check Reason Why It Is In Red
May 5, 2023 | msn.com
HDFC Bank, HDFC shares plunge up to 6%, lose Rs 64,000 crore in m-cap today. Here's why
May 5, 2023 | msn.com
HDFC Bank, HDFC Shares Tank Up To 6% After MSCI Tweak. What Should Investors Do?
May 5, 2023 | finance.yahoo.com
INDIA STOCKS-Slide in HDFC, HDFC Bank erases weekly gains for Indian shares
May 5, 2023 | msn.com
HDFC Bank merged entity may see $150-200 million outflows on MSCI tweak, says Nuvama
May 5, 2023 | finance.yahoo.com
INDIA STOCKS-HDFC, HDFC Bank weigh on Indian shares amid weak global cues
May 4, 2023 | marketwatch.com
HDFC Bank rises Thursday, outperforms market
May 4, 2023 | reuters.com
HDFC Bank to open more than 675 branches in semi-urban, rural areas in FY24 - official
May 2, 2023 | marketwatch.com
HDFC Bank falls Tuesday, underperforms market
May 1, 2023 | msn.com
HDFC Bank launches digital distribution platform; plans to reach 2 lakh villages in 12-18 months
April 28, 2023 | marketwatch.com
HDFC Bank rises Friday, still underperforms market
April 27, 2023 | msn.com
BSE and NSE approve transfer of NCDs from HDFC Ltd to HDFC Bank
See More Headlines

HDB Price History

HDB Company Calendar

Last Earnings
7/18/2021
Ex-Dividend for 5/12 Dividend
5/12/2023
Dividend Payable
5/12/2023
Today
6/04/2023
Next Earnings (Estimated)
7/21/2023
Fiscal Year End
3/31/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Commercial banks, not elsewhere classified
Sub-Industry
N/A
Sector
Finance
Current Symbol
NYSE:HDB
CUSIP
N/A
CIK
1144967
Web
www.hdfcbank.com
Phone
912266521000
Fax
91-22-2496-0737
Employees
141,579
Year Founded
1994

Profitability

EPS (Most Recent Fiscal Year)
$3.06
Trailing P/E Ratio
21.40
Forward P/E Ratio
18.66
P/E Growth
0.97
Net Income
$5.75 billion
Net Margins
22.46%
Pretax Margin
30.05%
Return on Equity
16.89%
Return on Assets
1.97%

Debt

Debt-to-Equity Ratio
0.79
Current Ratio
0.32
Quick Ratio
0.36

Sales & Book Value

Annual Sales
$25.50 billion
Price / Sales
4.75
Cash Flow
$3.26 per share
Price / Cash Flow
20.09
Book Value
$19.63 per share
Price / Book
3.34

Miscellaneous

Outstanding Shares
1,848,510,000
Free Float
1,830,029,000
Market Cap
$121.04 billion
Optionable
Optionable
Beta
0.75

Social Links


Key Executives

  • Sashidhar JagdishanSashidhar Jagdishan
    Chief Executive Officer, Director & MD
  • Bhavesh Zaveri
    Executive Director & Group Head-Operations
  • Srinivasan Vaidyanathan
    Chief Financial Officer
  • Parag Rao
    Head-Payments Business, Digital & IT
  • Ramesh Lakshminarayanan
    Chief Information Officer & Group Head-IT

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions













HDB Stock - Frequently Asked Questions

How have HDB shares performed in 2023?

HDFC Bank's stock was trading at $68.41 at the beginning of the year. Since then, HDB stock has decreased by 4.3% and is now trading at $65.48.
View the best growth stocks for 2023 here.

Are investors shorting HDFC Bank?

HDFC Bank saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 3,250,000 shares, an increase of 28.0% from the April 30th total of 2,540,000 shares. Based on an average trading volume of 1,570,000 shares, the short-interest ratio is presently 2.1 days.
View HDFC Bank's Short Interest.

When is HDFC Bank's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, July 21st 2023.
View our HDB earnings forecast.

How were HDFC Bank's earnings last quarter?

HDFC Bank Limited (NYSE:HDB) released its quarterly earnings data on Sunday, July, 18th. The bank reported $0.58 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.56 by $0.02. The bank had revenue of $3.35 billion for the quarter. HDFC Bank had a net margin of 22.46% and a trailing twelve-month return on equity of 16.89%.

How often does HDFC Bank pay dividends? What is the dividend yield for HDFC Bank?

HDFC Bank announced an annual dividend on Monday, April 17th. Investors of record on Monday, May 15th will be paid a dividend of $0.5935 per share on Friday, May 12th. This represents a yield of 0.9%. The ex-dividend date of this dividend is Friday, May 12th. This is a positive change from the stock's previous annual dividend of $0.58.
Read our dividend analysis for HDB.

What ETFs hold HDFC Bank's stock?

ETFs with the largest weight of HDFC Bank (NYSE:HDB) stock in their portfolio include Harbor International Compounders ETF (OSEA), Matthews Emerging Markets ex China Active ETF (MEMX), Emerge EMPWR Sustainable Emerging Markets Equity ETF (EMCH), OneAscent Emerging Markets ETF (OAEM), Motley Fool Global Opportunities ETF (TMFG), Columbia EM Core ex-China ETF (XCEM), JPMorgan Social Advancement ETF (UPWD) and Emerge EMPWR Sustainable Global Core Equity ETF (EMZA).

Is HDFC Bank a good dividend stock?

HDFC Bank (NYSE:HDB) pays an annual dividend of $0.59 per share and currently has a dividend yield of 0.91%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 19.28%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HDB will have a dividend payout ratio of 14.36% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HDB.

What is Sashidhar Jagdishan's approval rating as HDFC Bank's CEO?

28 employees have rated HDFC Bank Chief Executive Officer Sashidhar Jagdishan on Glassdoor.com. Sashidhar Jagdishan has an approval rating of 88% among the company's employees.

What other stocks do shareholders of HDFC Bank own?

Based on aggregate information from My MarketBeat watchlists, some companies that other HDFC Bank investors own include Alibaba Group (BABA), Tata Motors (TTM), NVIDIA (NVDA), Walt Disney (DIS), Micron Technology (MU), Netflix (NFLX), Tesla (TSLA), Visa (V), PayPal (PYPL) and Infosys (INFY).

What is HDFC Bank's stock symbol?

HDFC Bank trades on the New York Stock Exchange (NYSE) under the ticker symbol "HDB."

Who are HDFC Bank's major shareholders?

HDFC Bank's stock is owned by many different retail and institutional investors. Top institutional shareholders include JPMorgan Chase & Co. (1.68%), GQG Partners LLC (1.12%), FIL Ltd (0.61%), Harding Loevner LP (0.56%), Fiera Capital Corp (0.51%) and Ameriprise Financial Inc. (0.46%).

How do I buy shares of HDFC Bank?

Shares of HDB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is HDFC Bank's stock price today?

One share of HDB stock can currently be purchased for approximately $65.48.

How much money does HDFC Bank make?

HDFC Bank (NYSE:HDB) has a market capitalization of $121.04 billion and generates $25.50 billion in revenue each year. The bank earns $5.75 billion in net income (profit) each year or $3.06 on an earnings per share basis.

How many employees does HDFC Bank have?

The company employs 141,579 workers across the globe.

How can I contact HDFC Bank?

HDFC Bank's mailing address is Senapati Bapat Marg Lower Parel, Mumbai K7, 400013. The official website for the company is www.hdfcbank.com. The bank can be reached via phone at 912266521000, via email at shareholder.grievances@hdfcbank.com, or via fax at 91-22-2496-0737.

This page (NYSE:HDB) was last updated on 6/4/2023 by MarketBeat.com Staff

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