RBL Bank is one of India’s leading private-sector banks, with a strong presence across the country. Over the years, the bank has established itself as a reliable financial institution, offering a range of banking and financial services to its customers. As with any publicly traded company, the share price of RBL Bank is a topic of great interest to investors and analysts alike.

The bank announced its Q4FY23 results, showing a 37% increase in net profit year over year to 271 crores. Provisions dropped to 235 crores in Q4FY23 from 401 crores in Q4 of the prior fiscal year, a 41% decline. There was a 20% drop from the 293 crores in provisions observed in Q3FY23. Profit after taxes (PAT), on a quarterly basis, rose by 30%. The bank’s interest income did, however, climb by a low single-digit percentage. While the quality of its assets continued to improve. Net interest income (NII), which is the difference between interest received and interest paid, was 1,211 crore, showing an increase of 5% in the most recent quarter and 7% in the previous year. The net interest margin for the period was 5.01%. In Q4FY22, RBL Bank’s net profit was 198 crores, while in the quarter ending in December 2022, it was 209 crores. A dividend of 1.50 rupees (15%) per equity share with a face value of 10 rupees was also declared by the board of directors. This dividend will be paid upon approval by the bank’s shareholders at the next annual general meeting.

In this article, we will take a closer look at RBL Bank’s share price performance over the years, analyze its current market position, and make projections for the future. Specifically, we will examine the share price target for RBL Bank from 2023 to 2030, taking into account various factors that may impact the bank’s financial performance in the years to come.

CLICK HERE TO KNOW MORE:

Hindustan Unilever Ltd Share price target 2023,2025,2030: Can it reach 10000INR by 2025?

RBL BANK IN RECENT NEWS

• RBL Bank’s shares were down by more than 4%.

RBL BANK SHARE PRICE TARGET 2023

 May shows a maximum of ₹119.71 and a minimum of ₹92.08. From there, the share price continued to rise, with a maximum of ₹233.61 and a minimum of ₹179.70 in December. Based on this data, it’s difficult to pinpoint an exact share price target for RBL Bank in 2023, as the share price varied greatly throughout the year. However, it’s clear that investors can expect a level of volatility in RBL Bank’s share price in the coming years. The maximum and minimum share price targets for 2023 were ₹233.61 and ₹92.08, respectively. Some financials also help or limit the growth of the company, namely the Price-to-Earnings ratio, Price-to-Book ratio, Earnings per share, etc. As of May 2023, the Price-to-Earnings ratio is 9.26, the Price-to-Book ratio is 0.69 whereas Earnings per share stand at 15.34 with a YoY growth of more than 650%.  

The strong annual Earnings per share growth is a great factor of growth in the company, but on the other hand, high-interest payments in comparison to earnings is a factor that may limit the growth of the company.  Brokers recently upgraded their price targets for the company which is a great opportunity.

RBL BANK SHARE PRICE TARGET 2024

In January, the share price had a maximum of ₹245.90 and a minimum of ₹1037.03, with a significant increase from the previous year. However, in February and March, the share price decreased, with a maximum of ₹276.30 in February and ₹290.84 in March, but with a minimum of ₹230.25 and ₹236.45, respectively. From there, the share price fluctuated, with a maximum of ₹327.06 and a minimum of ₹251.59 in December. Based on this data, it’s difficult to predict the exact share price target for RBL Bank in 2024, as the share price experienced a significant amount of volatility throughout the year. However, investors can expect the share price to continue to fluctuate based on various factors affecting the banking industry. The maximum and minimum share price targets for 2024 were ₹327.06 and ₹1037.03, respectively.

CLICK HERE:

SBI SHARE PRICE TARGET 2023,2025, 2030: CAN IT REACH 5000INR BY 2025?

RBL BANK SHARE PRICE TARGET 2025

In January, the maximum share price was ₹333.60, with the minimum being ₹256.62. The share price then saw a gradual increase over the next few months, reaching a maximum of ₹396.73 in December and a minimum of ₹305.18 in the same month. The maximum share price for the year was recorded in November, with a value of ₹388.95. The minimum share price was recorded in May, with a value of ₹230.22. This data shows that while RBL Bank’s share price experienced volatility, the overall trend was an upward one, with the share price increasing over the year. Investors can expect this trend to continue in the future, although external factors such as global economic conditions and government policies may impact the share price. The maximum and minimum share price targets for RBL Bank in 2025 were ₹396.73 and ₹230.22, respectively.

RBL BANK SHARE PRICE TARGET 2026 TO 2030

Based on the data provided, RBL Bank’s share price is expected to see significant growth in the years 2026 to 2030. In 2026, the maximum share price was ₹277.71, with the minimum being ₹194.40. The share price is expected to increase steadily in the following years, reaching a maximum of ₹972.00 in 2030 and a minimum of ₹680.40 in the same year. Notably, the share price is expected to double from 2027 to 2028, with the maximum share price increasing from ₹236.06 to ₹424.90. In 2029, the maximum share price is expected to be ₹872.81, with the minimum being ₹610.97. 

CLICK HERE:

ADANI PORTS SHARE PRICE TARGET 2023,2025,2030: CAN IT REACH 3000INR?

FINANCIAL STRENGTH OF RBL BANK (2018 TO 2022)

Based on RBL Bank’s financial statement over the past five years, the company has experienced both growth and setbacks. The total income has been consistently increasing, with the highest revenue growth of 38.15% seen in FY 2020. However, the provisions and contingencies have also increased, with a maximum growth of 108.51% in FY 2020. The profit after tax (PAT) has shown fluctuation, with a maximum of 857.84 in FY 2019 and a minimum of -166.15 in FY 2022. The PAT growth rate has been volatile, with a minimum of -131.38% in FY 2022 and a maximum of 43.30% in FY 2018. The net interest margin has been relatively stable, with a maximum of 4.37% in FY 2020. The net profit margin has also been fluctuating, with a maximum of 13.84% in FY 2018. Overall, RBL Bank’s financial performance has seen both growth and challenges in the past five years, reflecting the volatile nature of the banking industry.

CLICK HERE TO KNOW:

Startup Financing: 6 Ways to Fund Your New Business

FAQ’s

What is the maximum share price target of RBL Bank in 2026?

The maximum share price target of RBL Bank in 2026 is Rs. 277.71

What is the maximum share price target of RBL Bank in 2027?

The maximum share price target of RBL Bank in 2027 is Rs. 236.06

What is the maximum share price target of RBL Bank in 2028?

The maximum share price target of RBL Bank in 2028 is Rs. 424.90

What is the maximum share price target of RBL Bank in 2029?

The maximum share price target of RBL Bank in 2029 is Rs. 872.81

What is the maximum share price target of RBL Bank in 2030?

The maximum share price target of RBL Bank in 2030 is Rs. 972.00

CONCLUSION: RBL BANK SHARE PRICE TARGET

Before choosing whether RBL Bank shares are a smart investment, take into account both the positive and bad aspects of the financial statements from the last five years. Although constant rise in total income and revenue, profit after tax (PAT) has been variable, with negative growth in FY 2022. In addition, provisions and contingencies have continued to expand steadily, signalling increased risks for the bank. The fundamental EPS has likewise decreased over the past few years. The total income has increased overall, while the net interest margin has been stable and positive. Before making any investment, it is advised to conduct a thorough review of the bank’s financial statements and the market environment.

Suhani