ICICI Bank Limited (NYSE:IBN)- Stocks Under Profitability Radar: NorthStar Realty Finance Corp. (NYSE:NRF)

ICICI Bank Limited (NYSE:IBN) need to consider for profitability analysis, in latest session share price swings at $7.50 with percentage change of 0.13%.  IBN has returns on investment of 4.50%. The firm attains analyst recommendation of 1 on scale of 1-5 with week’s performance of 0.54%.

Recently Dow Jones Newswires reported that Icici could sell some of its subsidiaries which should help improve its financial health, according to HDFC Securities, an Indian brokerage that has a buy rating on the stock. Icici expects the “resolution in two large accounts” to help reduce bad loans going forward, according to Motilal Oswal Securities. Icici Bank CEO Chanda Kochhar did not offer guidance on the percentage of loans could slip into the bad loan category. The bank’s watch list of potentially troubled loans had declined to about ₹32,500 crore from about ₹38,700 crore at the end of June.

NorthStar Realty Finance Corp. (NYSE:NRF) also making a luring appeal, share price swings at $16.20 with percentage change of 6.93% in most recent trading session.

Profitability Valuation

The profit margins can answer significantly to find consistent trends in a firm’s earnings, the Co has negative -22.20% profit margins that indicates every dollar of sales a firm actually keeps in earnings, and the larger number indicates improving and vise worse. Gross profit margin, operating profit margins are its sub parts that firm has 52.60% and -4.20% respectively. Moving toward returns ratio, NRF has returns on investment of -1.70% which indicates firm’s investment efficiency or to compare the efficiency of a number of different investments.

While returns on assets calculated as -3.00% hat gives an idea about how efficient management is at using its assets to generate earnings. It has returns on equity of -17.50%, which is measuring a corporation’s profitability by revealing how much profit generates by NRF with the shareholders’ money. The firm attains analyst recommendation of 2.30 on scale of 1-5 with week’s performance of 1.07%.

The debt to equity ratio appeared as 3.61 for seeing its liquidity position. The firm attains analyst recommendation of 2.30 out of 1-5 scale with week’s performance of 1.07%.

 

About Blake Escott

Blake Escott holds junior writer position in SWR. Before joining Streetwise Report, he was a freelance content Writer. He has high-level copywriting experience and particularly experienced in proofreading and editing. He covers news about different companies including all US market sectors. Interests: Commodities, Energy stocks, Sector-wise Stocks analysis, Utilities

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