{
  "id": 16606865,
  "title": "Broker’s Call: DCB Bank (Buy)",
  "url": "https://urgent.news/2026/10/26/brokers-call-dcb-bank-buy",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-26T13:21:20.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/brokers-call-dcb-bank-buy/article71626523.ece"
  },
  "original_language": "en",
  "account": "DCB Bank reported robust financial performance in Q2FY27, delivering a strong quarter with record profits and improved key metrics. The bank's advances increased by 21% year-on-year to ₹64,127 crore, while deposits grew by 19% to ₹76,839 crore. Non-Interest Income surged by 17% to ₹699 crore, although Non-Interest Margins declined by 10 basis points to 3.25%. Other income saw a 34% increase to ₹249 crore, and Provision for Cost-to-Income improved to 59.64% - the lowest in 18 quarters. Profit After Tax (PAT) rose by 29% to ₹236 billion, marking the fifth consecutive quarter of record profits. The bank also managed to reduce its non-performing assets to 2.29% and 0.73%, both 23-quarter lows. Non-Resident TDs increased to 9.1% of total TDs. The bank actively managed high-cost bulk deposits, reducing inter-bank TDs to 19%. CASA ratio declined to 22.3%, while the CD ratio improved to 83.5%. Fresh slippages amounted to ₹437 crore, with recoveries and upgrades covering 97%. Non-gold slippages were 1.55%, while gold slippages rose to 8.04%. The bank's Price-to-Book (PCR) excluding technical write-offs improved to 68.75%, with ₹218 crore of floating provisions. Return on Capital Employed (CAR) stood at 16.63%. Management retained an 18-20% growth guidance and anticipates NIM improvement in Q3 and Q4. The analyst maintains a Buy rating with a target price of ₹233, valuing the stock at 0.93x FY28E BVPS of ₹250.",
  "summary": "NII increased 17 per cent to ₹699 crore, while NIM declined 10 bps quarter on quarter to 3.25 per cent. Other income grew 34 per cent to ₹249 crore, and PPOP rose 26 per cent to ₹383 crore",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}