HDFC Bank Limited(HDB)Earnings, Financials & Key Ratios
HDB•NYSE•Banking & Credit
$27.13
5.5× P/E·Price updated Jul 7, 2026
AboutHDFC Bank Limited provides various banking and financial services to individuals and businesses in India, Bahrain, Hong Kong, and Dubai. It operates in Treasury, Retail Banking, Wholesale Banking, Other Banking Business, and Unallocated segments. The company accepts savings, salary, current, rural, public provident fund, pension, and Demat accounts; fixed and recurring deposits; and safe deposit lockers; as well as offshore accounts and deposits, overdrafts against fixed deposits, and sweep-in facilities. It also provides personal, home, car, two wheeler, business, educational, gold, consumer, and rural loans; loans against properties, securities, rental receivables, and assets; loans for professionals; government sponsored programs; and loans on credit card, as well as working capital and commercial/construction equipment finance, healthcare/medical equipment and commercial vehicle finance, dealer finance, and term and professional loans. The company offers credit, debit, prepaid, and forex cards; payment and collection, export, import, remittance, bank guarantee, letter of credit, trade, hedging, and merchant and cash management services; insurance and investment products. It provides short term finance, bill discounting, structured finance, export credit, loan syndication, and documents collection services; online and wholesale, mobile, and phone banking services; unified payment interface, immediate payment, national electronic funds transfer, and real time gross settlement services; and channel financing, vendor financing, reimbursement account, money market, derivatives, employee trusts, cash surplus corporates, tax payment, and bankers to rights/public issue services, as well as financial solutions for supply chain partners and agricultural customers. As of March 31, 2022, the company had 21,683 banking outlets; 6,342 branches; and 18,130 automated teller machines in 3,188 cities/towns. HDFC Bank Limited was incorporated in 1994 and is based in Mumbai, India.Show more
- Net Interest Income$1716.4B+22.2%
- Total Revenue$5213.3B+24.3%
- Net Income$799.95B+18.8%
- Return on Equity10.97%+34.4%
- Net Interest Margin3.57%+22.4%
- Efficiency Ratio36.57%+15.5%
- ROA1.66%+13.8%
- Equity / Assets12.4%-30.7%
- Book Value per Share3479.28+106.1%
HDB Price & Volume
HDFC Bank Limited (HDB) stock price & volume — 10-year historical chart
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Post-Merger Integration Drives Complex Asset Realignment
Investment Thesis • Updated 2026Q4
VerdictNeutral
Growth:Mixed
Profitability:Moderate
Financial:Adequate
Cash Flow:Stable
Primary Risk:Post-merger liquidity and margin pressure
Key Thesis Takeaways
- HDFC Bank is currently navigating a transformative post-merger integration phase that has significantly expanded its balance sheet to 48.1 trillion as of 2026Q4.
- While the 53.5% NII growth suggests successful scaling of interest-earning assets, investors should monitor the volatility in net interest margins and the potential duration mismatch between long-term mortgage assets and shorter-term funding sources.
- The bank's commitment to shareholder returns, evidenced by 217.9 billion in dividends, must be balanced against the ongoing need to maintain capital buffers and manage credit costs in a complex, post-merger environment.
Verdict Logic
while the bank shows robust NII growth of 53.5%, the current P/B ratio of 0.70 and the inherent risks of post-merger integration warrant a cautious approach until margin stability is confirmed.
HDB Growth Metrics
HDFC Bank Limited (HDB) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years21.85%
5 Years27.8%
3 Years38.06%
TTM-
Profit CAGR
10 Years21.1%
5 Years19.67%
3 Years17.32%
TTM14.81%
EPS CAGR
10 Years28.59%
5 Years40.07%
3 Years55.7%
TTM66.42%
Return on Capital
10 Years3.35%
5 Years3.9%
3 Years3.39%
Last Year2.23%
HDB Recent Earnings
HDFC Bank Limited (HDB) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 9/12 qtrs (82%)●Beat Revenue 8/12 qtrs (80%)
Q2 2026Latest
Apr 18, 2026Metric
Actual
Est
EPS
$0.43+10.3%
$0.39
Rev
$5.0B-2.5%
$5.1B
Q1 2026
Jan 17, 2026Metric
Actual
Est
EPS
$0.43+10.3%
$0.39
Rev
$5.0B-1.2%
$5.1B
Q4 2025
Oct 18, 2025Metric
Actual
Est
EPS
$0.44+22.2%
$0.36
Rev
$5.0B+1.8%
$5.0B
Q3 2025
Jul 19, 2025Metric
Actual
Est
EPS
$0.37-2.6%
$0.38
Rev
$6.0B+19.6%
$5.1B
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 18, 2026 | $0.43vs $0.39+10.3% | $5.0Bvs $5.1B-2.5% |
| Q1 2026 | Jan 17, 2026 | $0.43vs $0.39+10.3% | $5.0Bvs $5.1B-1.2% |
| Q4 2025 | Oct 18, 2025 | $0.44vs $0.36+22.2% | $5.0Bvs $5.0B+1.8% |
| Q3 2025 | Jul 19, 2025 | $0.37vs $0.38-2.6% | $6.0Bvs $5.1B+19.6% |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for HDFC Bank Limited (HDB)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $27.13 | $139.16B | 5.54 | 24.27% | 15.34% | 10.97% | 4.93% | |
| $29.69 | $106.48B | 18.88 | 5.95% | 17.52% | 16.55% | — | |
| $21.55 | $8.56B | 14.76 | 9.39% | 27.74% | 19.99% | — | |
| $8.23 | $90.71B | 10.76 | 18.03% | 11.91% | 20.77% | — | |
| $3.40 | $35.96B | 7.97 | 37.11% | 6.32% | 12.84% | — | |
| $115.48 | $40.96B | 11.49 | 34.2% | 13.95% | 10.2% | — |
Compare HDB vs Peers
HDFC Bank Limited (HDB) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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HDB Frequently Asked Questions
HDFC Bank Limited (HDB) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
How fast is HDFC Bank Limited growing?
HDFC Bank Limited (HDB) grew revenue by 24.3% over the past year. This is strong growth.
Is HDB profitable?
Yes, HDFC Bank Limited (HDB) is profitable, generating $768.12B in net income for fiscal year 2026 (15.3% net margin).
Dividend & Returns
Does HDB pay dividends?
Yes, HDFC Bank Limited (HDB) pays a dividend with a yield of 4.93%. This makes it attractive for income-focused investors.
What is HDB's return on equity?
HDFC Bank Limited (HDB) has a return on equity (ROE) of 11.0%. This is reasonable for most industries.
Industry Metrics
What is HDFC Bank Limited's net interest margin?
HDFC Bank Limited (HDB) has a net interest margin (NIM) of 3.6%. This indicates healthy earnings from lending activities.
What is HDFC Bank Limited's efficiency ratio?
HDFC Bank Limited (HDB) has an efficiency ratio of 36.6%. This is excellent, indicating strong cost control.