federal bank share price
May 5, 2026 | Live price, Q4 FY26 best-ever results, NRI franchise milestone, analyst targets, and everything a serious investor needs to know about FEDERALBNK stock
In a private banking space dominated by the big names — HDFC Bank, ICICI Bank, Kotak — Federal Bank has quietly put together one of the most consistent and underappreciated performances in Indian banking over the last 12 months. Up 46% in one year. Best-ever annual profit in FY26. NRI deposits crossing ₹1 lakh crore for the first time in the bank’s history. And a Q4 FY26 net profit of ₹1,259 crore that beat estimates and triggered fresh analyst upgrades across brokerages.
If you are tracking Federal Bank share price today, wondering whether this Kerala-headquartered private bank still has room to run or whether the good news is already in the price — this is the article you need before making that call.
Federal Bank Share Price Today — Live Snapshot (May 2026)
federal bank share price
| Metric | Value |
|---|---|
| Current Price (NSE: FEDERALBNK) | ₹284–₹295 |
| Day High / Low | ₹296.65 / ₹281.60 |
| 52-Week High | ₹302.00 |
| 52-Week Low | ₹183.15 |
| Market Cap | ~₹70,000–₹72,000 Cr |
| P/E Ratio | ~18x |
| P/B Ratio | ~1.99x |
Prices as of April 29 – May 5, 2026. NIM (Q4 FY26): 3.74% | RoA (Q4 FY26): 1.36% | Capital Adequacy Ratio: 17.25% | Final Dividend: ₹1.20/share (60%) | 1-Year Return: +46%
What Is Federal Bank? — The 95-Year-Old Kerala Bank Reborn as a Digital Lender
federal bank share price
Federal Bank Limited (NSE: FEDERALBNK, BSE: 500469) is one of India’s oldest private sector banks — founded in 1931 as Travancore Federal Bank Limited in Aluva, Kerala, and subsequently renamed in 1947. Today, the bank operates across treasury, wholesale, retail, and other banking segments with a nationwide network, and is led by Managing Director and CEO KVS Manian.
Federal Bank offers retail banking, corporate banking, NRI banking, MSME banking, and digital banking — with products ranging from savings and current accounts to home loans, car loans, personal loans, credit cards, and insurance. Yahoo Finance
But what truly sets Federal Bank apart from virtually every other mid-sized private bank in India is one thing: its NRI franchise. NRI deposits have crossed ₹1 lakh crore, and management highlighted continued increase in market share — calling the Kerala diaspora NRI franchise a key differentiator and a structural competitive moat. This is not a marketing line — it is a genuine funding advantage. NRI deposits are typically stickier, lower-cost, and less sensitive to rate cycles than bulk corporate deposits. In a banking environment where funding costs are the make-or-break variable, this moat matters enormously. Stocktitan
Q4 FY26 Results — The Best Quarter in the Bank’s History
federal bank share price
The March 2026 quarter was, without qualification, the strongest quarter Federal Bank has ever reported — and the numbers back that up across every important metric.
Q4 FY26 net profit surged to ₹1,259.10 crore, marking sequential growth of 20.93% from ₹1,041.21 crore in Q3 FY26 and 22.22% year-on-year growth from ₹1,030.23 crore in Q4 FY25. Stocktitan
Net interest income for Q4 FY26 stood at ₹3,173 crore — the highest-ever quarterly NII in the bank’s history. Operating profit reached ₹2,276 crore. For the full fiscal year, Federal Bank posted an annual PAT of ₹4,117 crore — its best-ever annual performance. BSEBSE
NIM for the quarter stood at 3.74%, while return on assets came in at 1.36% — both comfortably above where the bank was trading just 12 months ago, and a clear signal that the margin improvement story is playing out as management had guided. The Company Check
The fee income number was another standout. Fee income for Q4 FY26 reached ₹990.92 crore — a record best-ever quarter — with management flagging credit cards, wealth management, and trade and forex as the next drivers of fee growth. Stocktitan
On the balance sheet, the milestones were historic. CASA crossed ₹1 lakh crore, closing at ₹1,03,390 crore, with the CASA ratio improving to 32.94% — a 271 basis points year-on-year improvement. Simultaneously, NRI deposits also crossed the ₹1 lakh crore mark — the first time both milestones have been achieved together. Stocktitan
Asset Quality — The Number That Keeps Getting Better
federal bank share price
For a bank that was trading at a significant discount to peers partly because of asset quality concerns, FY26 brought a decisive clean-up. Gross NPA stood at 1.62% and Net NPA at 0.20% as of March 31, 2026, compared to 1.84% and 0.44% respectively in the previous year. StockAnalysis
The provision coverage ratio excluding technical write-offs improved to 97.50% — essentially meaning the bank has provided for nearly all its stressed assets. This is the kind of clean balance sheet that institutional investors reward with multiple expansion over time. Stocktitan
Capital Adequacy Ratio under Basel III improved to 17.25% as of March 31, 2026, from 16.40% a year ago — giving the bank ample headroom to fund growth without needing to raise equity in the near term. StockAnalysis
Key Financial Metrics — Snapshot
federal bank share price
| Metric | Value (May 2026) |
|---|---|
| Share Price | ₹284–₹295 |
| Market Cap | ~₹70,000–₹72,000 Cr |
| Q4 FY26 Net Profit | ₹1,259.10 Cr (+22% YoY) |
| FY26 Annual PAT | ₹4,117 Cr (best ever) |
| Q4 FY26 NII | ₹3,173 Cr (best ever) |
| Q4 FY26 NIM | 3.74% |
| RoA (Q4 FY26) | 1.36% |
| Gross NPA | 1.62% |
| Net NPA | 0.20% |
| CASA Ratio | 32.94% |
| Capital Adequacy (CRAR) | 17.25% |
| Final Dividend | ₹1.20/share (60%) |
| 1-Year Return | +46% |
Federal Bank Share Price Target 2026 — What Analysts Are Saying
federal bank share price
Analyst consensus on Federal Bank has turned notably more positive after the Q4 FY26 results beat, with multiple brokerages upgrading targets.
Axis Securities has a Buy call on Federal Bank with a target price of ₹320. Mirae Asset Sharekhan has a target of ₹310. Centrum Broking has a Neutral stance with a target of ₹305. BSE
Management’s FY27 focus is firmly on growing commercial banking and mid-corporate lending, scaling NRI deposits further, and leveraging digital banking for retail acquisition — a strategy that builds logically on the strengths demonstrated in FY26. Stocktitan
The broad analyst range of ₹305–₹320 implies 4–10% upside from current levels — a modest but meaningful buffer above the 52-week high of ₹302. The lack of dramatically higher targets reflects the reality that at 18x P/E and nearly 2x P/B, a significant chunk of the good news is now in the price.
FY27 Strategy — What Management Said
federal bank share price
The Q4 FY26 earnings call gave investors a clear picture of where Federal Bank is heading. Management said FY26 was about balance sheet realignment — deliberately reducing wholesale deposits, leaning into retail liabilities, and building what they called “gun powder” to fund growth going forward. FY27 will be about acceleration in chosen segments: gold loans, loan against property, commercial banking, credit cards, and microfinance. Stocktitan
Loan growth was below the system in FY26, but management argued that quality matters more than headline numbers — pointing to strong growth in commercial banking, gold loans, agri, microfinance, and cards, while corporate growth was kept selective and home loans were deliberately not chased at low spreads. Stocktitan
On margins, NIM rose to 3.20% at the system level, and management said there is still room for deposit repricing in Q1 and possibly early Q2 FY27 — framing further margin improvement as a combination of lower funding costs, better CASA, deposit repricing, and a shift toward better-yielding assets. Stocktitan
Risks Every Investor Must Understand
federal bank share price
Federal Bank’s story in FY26 was strong — but risks remain real and cannot be ignored going into FY27.
The Middle East exposure is the one that management itself flagged. A meaningful portion of the bank’s NRI deposit base comes from the Gulf region, and any deterioration in Middle East economic conditions — oil price cycles, geopolitical flare-ups, or Indian expatriate employment trends — can impact both deposit flows and remittance volumes. Management explicitly said it will reassess guidance as the new ECL framework and Middle East risks become clearer. Stocktitan
The RBI’s new Expected Credit Loss framework is a sector-wide risk that could require additional provisioning across private banks — Federal Bank included. While the bank’s current provision coverage of 97.50% is a buffer, any regulatory tightening on provisioning norms could pressure near-term profitability.
And then there is the competitive landscape. NRI banking, which is Federal Bank’s core moat, is increasingly targeted by larger private banks and even foreign banks with deep Gulf networks. Sustaining market share in this segment will require continuous investment in products, technology, and distribution.
The Bull Case — Why Long-Term Investors Are Still Watching
federal bank share price
The case for Federal Bank as a long-term compounder is built on three structural pillars that are difficult to replicate quickly.
First, the NRI franchise — over ₹1 lakh crore in NRI deposits is a funding moat that took decades to build and cannot be manufactured overnight. Second, the asset quality clean-up is now genuinely complete — with Net NPA at 0.20%, the bank has one of the cleanest books among mid-sized private banks in India. Third, the digital infrastructure is maturing fast — the Federal 24/7 current account opening platform, FedWealth investment platform, and enhanced UPI acquiring capabilities position the bank to acquire retail customers at significantly lower cost than a branch-heavy model. Stocktitan
Add to this a management that has spent FY26 deliberately rebuilding the liability franchise rather than chasing loan growth at any cost — and you have a bank that enters FY27 with a cleaner balance sheet, better margins, and more targeted growth levers than at any point in recent history.
Should You Buy, Hold, or Wait on FEDERALBNK Stock?
federal bank share price
Long-term investors: Federal Bank at ₹284–₹295 — with best-ever results, clean asset quality, a unique NRI moat, and a management team with a credible FY27 roadmap — is a solid 3–5 year compounder candidate. The current P/B of ~2x is not cheap, but it is not expensive either for a bank delivering 1.36% RoA and trending toward higher return metrics.
Short-term traders: The stock is trading 5–8% below its 52-week high of ₹302. A decisive close above ₹300 on strong volume would be the breakout signal to watch. Until then, the range of ₹280–₹302 is likely to contain near-term price action.
SIP investors: Federal Bank is available as a direct stock SIP on platforms like INDmoney and Dhan. Given the consistent quarterly improvement trajectory, systematic monthly accumulation makes logical sense for investors who want private bank exposure without the premium valuation of HDFC or ICICI.
How to Buy Federal Bank Shares
Open a Demat and Trading account with any SEBI-registered broker — Zerodha, Groww, Dhan, INDmoney, Kotak Neo, or Angel One. Search for NSE ticker FEDERALBNK or BSE code 500469. Place a market order, limit order, or set up a monthly stock SIP for systematic accumulation.
Disclaimer: This article is for informational and educational purposes only. Share prices, analyst targets, and financial data are sourced from publicly available information as of May 2026 and are subject to change. This does not constitute investment advice. Please consult a SEBI-registered financial advisor before making any investment decisions. Past performance is not indicative of future returns.
