Shares of DCB Bank rallied 11 per cent in Monday's trade after better-than-expected September quarter results. Analysts noted the quarter was marked by broad-based outperformance across key parameters — including robust above-system loan growth, margin expansion, opex moderation, strong fee income, and benign asset quality.

NIM expanded during the quarter, contrary to expectations of contraction, said SMIFS. Advertisement

"Credit costs were contained at 31bps, lower than both management guidance (

Besides, DCB Bank's fee income rose a strong 18 per cent sequentially, led by third-party distribution and trade-related income.

"We believe DCB remains well-placed to achieve its 1 per cent ROA / 14 per cent ROE guidance by FY27, driven by solid loan growth, NIM expansion, fee traction, pro

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