Results for: Asset Quality

Kotak Mahindra Bank’s share price outlook has been upgraded by several brokerages, including Jefferies and JPMorgan, which have cited the bank’s strong loan growth, solid asset quality, and compelling valuations. Jefferies has revised its rating on the bank to ‘Outperform’ from ‘Neutral’ and set a share price target of ₹2,070. The brokerage believes that Kotak Mahindra Bank’s compound balance sheet growth could reach 16% annually over the next two years, even after normalizing return on assets (ROA).

TrustCo Bank Corp NY (NASDAQ: TRST) reported solid Q1 results despite the challenging economic environment. Loan activity remained strong, revenue surpassed consensus, and asset quality metrics were solid. With the dividend yield approaching 5.5% and a valuation below book value, analysts consider TRST a Buy.