Foreign Regional Banks
(HDB) HDFC Bank Limited – ADS – Bear of the Day
HDFC Bank’s (HDB) higher operating expenses were the headwind in the company’s most recently reported quarter. The company is still exposed to threats related to higher cost of funds. Growing competition in the retail space with the re-entry of peers is an added future...
13Jan2012 | vitalstocks | 0 comments | Continued(HDB) HDFC Bank Limited – ADS – Bear of the Day
HDFC Bank (HDB), like most Indian banks, are expected to encounter higher cost of funds as they have to raise deposit rates to meet increasing loan demand. This will keep margins of some banks including HDFC Bank under pressure. But as lending rates are expected to climb faster...
20Oct2011 | vitalstocks | 0 comments | Continued(HDB) HDFC Bank Limited – ADS – Bear of the Day
HDFC Bank, Ltd.’s (HDB) fiscal fourth quarter 2011 (ended March 31, 2011) net earnings were up 33.2% year over year. However, higher operating expenses were among the negatives. The company is still exposed to the threat related to higher cost of funds. Also, growing competition...
16Jun2011 | vitalstocks | 0 comments | Continued(HDB) HDFC Bank Limited – ADS- Bear of the Day
HDFC Bank, Ltd.’s (HDB) fiscal fourth quarter 2011 (ended March 31, 2011) net earnings were up 33.2% year over year. However, higher operating expenses were among the negatives. The company is still exposed to the threat related to higher cost of funds. Also, growing competition...
9Jun2011 | vitalstocks | 0 comments | Continued(HDB) HDFC Bank Limited – Bear of the Day
We downgrade our recommendation on HDFC Bank, Ltd. – ADS (HDB) to Underperform from Neutral based on the looming threat of higher cost of funds and ebbing loan demand. Higher operating expenses along with puffy provisions and contingencies were the downside in its latest...
13Mar2011 | vitalstocks | 0 comments | Continued(BCH) Non-U.S. Banks Stock Update – July 2010 – Industry Outlook
The global banking industry has been recovering at a slower pace from the worst downturn since the Great Depression that started as a credit issue in the subprime segment of the U.S. mortgage market and ultimately spread to engulf almost the entire global financial services industry....
8Jul2010 | vitalstocks | 0 comments | Continued(HDB) HDFC Bank’s Profit Increases
HDFC Bank’s (HDB) 2010 fiscal third quarter (ended Dec. 31, 2009) net earnings of INR8,185 million (US$175 million) were up 31.6% from the prior-year quarter, due primarily to a strong growth in net revenues, almost stable operating expenses and a decrease in provisions and...
18Jan2010 | vitalstocks | 0 comments | Continued(BBV) Moody’s Reaffirms BBVA Compass Bank Ratings
Following the announcement of the acquisition of the failed Guaranty Bank by BBVA Compass, Moody’s has affirmed its current downgraded ratings on the company. BBVA Compass is a wholly-owned subsidiary of Banco Bilbao Vizcaya Argentaria (BBV). Though the rating agency reaffirmed...
27Aug2009 | vitalstocks | 0 comments | Continued(BBV) Hot New Spanish Model for Banking
Tony Daltorio, The Investment U Research Team There’s a hot new Spanish model that has everyone in Europe going ga-ga. No, it’s not a runway or swimsuit model. It’s Spain’s banking model. The Bank of Spain forced Spanish banks to follow a very conservative banking model...
4Aug2009 | InvestmentU | 0 comments | Continued