Bank stock jumps 19% after its net profits increase to ₹378 croreBank stock jumps 19% after its net profits increase to ₹378 crore

Introduction:

Leading small finance bank reported an impressive Profit After Tax (PAT) of ₹378 crore for the nine months ending December 31, 2024. The bank saw significant growth in assets, deposits, and improved asset quality, highlighting strong financial health.

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Share price movement of Jana Small Finance:

On January 22, 2025, Jana Small Finance Bank Ltd. opened at ₹370.30, up 1.05% from its previous close of ₹366.45. The stock reached a high of ₹438.65 (17.31%) and a low of ₹370.30. By 11:16 AM, it traded at ₹429.90, a 17.31% increase, with a market cap of ₹4,502.87 crore.

Jana Small Finance Bank Reports Strong 9M FY25 Performance:

Jana Small Finance Bank achieved a remarkable Profit After Tax (PAT) of ₹378 crore for the nine months ending December 31, 2024. This growth follows the highest-ever PBT of ₹354 crore. The bank’s strong growth is reflected in its increasing book value per share, now at ₹380.

The bank’s asset growth stands at 19% YoY, with ₹27,984 crore in Assets Under Management (AUM), 68% of which are secured. Deposits grew by 24% YoY, with CASA deposits increasing by 22%, contributing to strong liquidity and a CASA ratio of 18.4%.

Jana Small Finance Bank saw a decline in its Gross Non-Performing Assets (GNPA) to 2.71% and a reduction in Net Non-Performing Assets (NNPA) to 0.91%. The bank’s Capital Adequacy Ratio (CRAR) stands at 20.4%, further strengthening its financial position.

Ace investor holding in Jana Small Finance:

Sunil Kant Munjal

Sunil Kant Munjal holds a 3.72% stake in Jana Small Finance Bank Ltd, with 3,897,856 shares valued at ₹167.4 crore. His significant investment highlights confidence in the bank’s growth prospects and financial performance.

Viral Amal Parikh

Viral Amal Parikh holds a 1.12% stake in Jana Small Finance Bank Ltd, with 1,175,000 shares valued at ₹50.4 crore. His investment underscores a strategic interest in the bank’s growth and future potential.

Stock performance of Jana Small Finance for Period of 1 week, 6 months and 1 year:

Jana Small Finance Bank Ltd. has seen a 2.01% decline in the past week, with a significant 43.5% drop over the last 6 months. However, the bank has shown resilience with a 14.2% growth over the past year.

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Shareholding pattern of Jana Small Finance:

All values in %	Dec  2024	Sep 2024	Jun 2024
Promoter	22.40%	22.40%	22.50%
FII	0.50%	1.10%	1.00%
DII	18.50%	18.00%	17.70%
Public	58.70%	58.50%	58.70%

About Jana Small Finance:

Jana Small Finance Bank Ltd. (NSE: JSFB) is the 4th largest Small Finance Bank in India, with 16+ years of experience. It serves 12 million customers across 778 branches, offering secured lending and growing retail deposits.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.