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HDFC Bank (HDB) Competitors

HDFC Bank logo
$64.26 -0.06 (-0.09%)
(As of 12/20/2024 05:31 PM ET)

HDB vs. BAC, RY, HSBC, MUFG, C, IBN, UBS, SMFG, TD, and SAN

Should you be buying HDFC Bank stock or one of its competitors? The main competitors of HDFC Bank include Bank of America (BAC), Royal Bank of Canada (RY), HSBC (HSBC), Mitsubishi UFJ Financial Group (MUFG), Citigroup (C), ICICI Bank (IBN), UBS Group (UBS), Sumitomo Mitsui Financial Group (SMFG), Toronto-Dominion Bank (TD), and Banco Santander (SAN). These companies are all part of the "banking" industry.

HDFC Bank vs.

Bank of America (NYSE:BAC) and HDFC Bank (NYSE:HDB) are both large-cap finance companies, but which is the superior stock? We will compare the two businesses based on the strength of their valuation, profitability, community ranking, institutional ownership, analyst recommendations, risk, media sentiment, earnings and dividends.

In the previous week, Bank of America had 33 more articles in the media than HDFC Bank. MarketBeat recorded 46 mentions for Bank of America and 13 mentions for HDFC Bank. Bank of America's average media sentiment score of 0.52 beat HDFC Bank's score of 0.50 indicating that Bank of America is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Bank of America
7 Very Positive mention(s)
18 Positive mention(s)
14 Neutral mention(s)
5 Negative mention(s)
0 Very Negative mention(s)
Positive
HDFC Bank
8 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral

Bank of America pays an annual dividend of $1.04 per share and has a dividend yield of 2.4%. HDFC Bank pays an annual dividend of $0.59 per share and has a dividend yield of 0.9%. Bank of America pays out 37.8% of its earnings in the form of a dividend. HDFC Bank pays out 17.9% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Bank of America has raised its dividend for 11 consecutive years. Bank of America is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

HDFC Bank has a net margin of 14.48% compared to Bank of America's net margin of 12.48%. HDFC Bank's return on equity of 12.49% beat Bank of America's return on equity.

Company Net Margins Return on Equity Return on Assets
Bank of America12.48% 10.09% 0.83%
HDFC Bank 14.48%12.49%1.69%

Bank of America has higher earnings, but lower revenue than HDFC Bank. Bank of America is trading at a lower price-to-earnings ratio than HDFC Bank, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Bank of America$98.50B3.44$26.52B$2.7516.06
HDFC Bank$2.36T0.07$7.47B$3.2919.53

Bank of America received 1598 more outperform votes than HDFC Bank when rated by MarketBeat users. However, 68.47% of users gave HDFC Bank an outperform vote while only 65.17% of users gave Bank of America an outperform vote.

CompanyUnderperformOutperform
Bank of AmericaOutperform Votes
2028
65.17%
Underperform Votes
1084
34.83%
HDFC BankOutperform Votes
430
68.47%
Underperform Votes
198
31.53%

Bank of America currently has a consensus target price of $45.92, indicating a potential upside of 3.96%. Given Bank of America's stronger consensus rating and higher possible upside, equities analysts plainly believe Bank of America is more favorable than HDFC Bank.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bank of America
1 Sell rating(s)
8 Hold rating(s)
12 Buy rating(s)
1 Strong Buy rating(s)
2.59
HDFC Bank
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

Bank of America has a beta of 1.33, indicating that its stock price is 33% more volatile than the S&P 500. Comparatively, HDFC Bank has a beta of 0.92, indicating that its stock price is 8% less volatile than the S&P 500.

70.7% of Bank of America shares are held by institutional investors. Comparatively, 17.6% of HDFC Bank shares are held by institutional investors. 0.3% of Bank of America shares are held by company insiders. Comparatively, 1.0% of HDFC Bank shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Summary

Bank of America beats HDFC Bank on 13 of the 22 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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HDB vs. The Competition

MetricHDFC BankCommercial banks IndustryFinance SectorNYSE Exchange
Market Cap$162.73B$33.68B$10.30B$19.19B
Dividend Yield0.90%3.72%10.51%3.57%
P/E Ratio19.539.6146.8441.22
Price / Sales0.071.603,168.2317.59
Price / Cash19.8210.2930.7121.28
Price / Book1.721.212.695.32
Net Income$7.47B$3.23B$1.03B$989.67M
7 Day Performance-4.09%-1.74%-2.75%-3.45%
1 Month Performance0.87%-0.51%-2.70%-3.74%
1 Year Performance-3.52%30.32%10.70%12.06%

HDFC Bank Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HDB
HDFC Bank
2.3634 of 5 stars
$64.26
-0.1%
N/A-2.0%$162.73B$2.36T19.53213,527
BAC
Bank of America
4.8505 of 5 stars
$45.46
-0.5%
$45.92
+1.0%
+33.9%$348.81B$98.50B16.50213,000Analyst Revision
RY
Royal Bank of Canada
4.7878 of 5 stars
$124.47
0.0%
$156.50
+25.7%
+22.0%$175.96B$98.71B15.0791,398Analyst Upgrade
News Coverage
HSBC
HSBC
1.7138 of 5 stars
$48.68
+0.2%
N/A+23.4%$175.39B$64.26B8.05220,861
MUFG
Mitsubishi UFJ Financial Group
3.1451 of 5 stars
$11.99
-0.8%
N/A+38.9%$139.77B$82.36B11.75140,000Gap Down
C
Citigroup
4.9838 of 5 stars
$71.42
+0.6%
$75.63
+5.9%
+38.2%$135.07B$80.41B20.68239,000
IBN
ICICI Bank
1.6483 of 5 stars
$31.42
+0.7%
N/A+26.5%$110.84B$1.83T21.23187,765Stock Split
UBS
UBS Group
2.0082 of 5 stars
$31.80
-0.2%
N/A-1.8%$101.96B$65.28B26.48112,842Positive News
SMFG
Sumitomo Mitsui Financial Group
2.8758 of 5 stars
$14.65
-1.6%
N/A+53.6%$95.82B$5.00T12.63120,000
TD
Toronto-Dominion Bank
4.5068 of 5 stars
$53.05
-0.4%
$80.50
+51.7%
-16.2%$92.85B$88.27B15.35103,257Analyst Downgrade
SAN
Banco Santander
3.9464 of 5 stars
$4.88
-0.6%
N/A+11.4%$77.23B$62.14B6.14212,764

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This page (NYSE:HDB) was last updated on 12/21/2024 by MarketBeat.com Staff
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