Private sector lenders Federal Bank, IDFC First Bank, and RBL Bank are preparing to release their fourth-quarter and full fiscal year earnings reports this April. Investors and analysts are closely monitoring these announcements, which will also include considerations for dividend recommendations. Several brokerages have provided their share price targets and outlined key expectations for the banks' financial performance.
IDFC First Bank Q4 Outlook
IDFC First Bank is scheduled to announce its Q4 earnings on April 25, 2026, and will also consider a dividend recommendation for the Financial Year 2025-26. Axis Securities has issued a 'Buy' rating with a target price of Rs 87, citing strong credit growth and anticipated improvements in Net Interest Margins (NIMs) due to lower funding costs. However, a one-off fraud incident of Rs 650 crore is expected to impact profitability, though credit costs are projected to taper. Centrum Broking holds a 'Neutral' stance with a target of Rs 80, forecasting a 7.6% QoQ growth in Net Interest Income (NII) but a significant 50% QoQ decline in net profit, primarily due to the aforementioned fraud-related losses.
Federal Bank Q4 Outlook
Federal Bank will release its Q4 results on April 29, 2026, and may recommend a final dividend. Axis Securities recommends a 'Buy' with a target of Rs 320, expecting credit growth to accelerate and deposit growth to align. NIMs are projected to remain stable, core fee income to be healthy, and operational expenditure modest. Asset quality is also anticipated to show slight improvement. Mirae Asset Sharekhan set a target of Rs 310, anticipating NII growth of 7.2% year-on-year across its banking coverage. Centrum Broking maintains a 'Neutral' call with a target of Rs 305, predicting a 3.8% QoQ rise in NII and a 13.4% QoQ increase in net profit, driven by lower credit costs.
RBL Bank Q4 Outlook
RBL Bank is also set to declare its Q4 earnings on April 25, 2026, and will consider a dividend proposal. Centrum Broking has a 'Neutral' rating on RBL Bank with a target price of Rs 297. The brokerage forecasts a 5.6% Quarter-on-Quarter (QoQ) increase in Net Interest Income (NII) and expects earnings to rise by 38.3% QoQ, largely attributed to reduced credit costs. Pre-Provision Operating Profit (PPoP) is also projected to grow by 10.2% QoQ, supported by improved cost-to-income ratios.