Axis Bank (MEX:AXB) Net Interest Income (for Banks) : MXN105,496 Mil (As of Mar. 2024)

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What is Axis Bank Net Interest Income (for Banks)?

Net interest income is the income earned by banks from the fund they have on their balance sheet. Axis Bank's net interest income for the three months ended in Mar. 2024 was MXN26,994 Mil. Its net interest income for the trailing twelve months (TTM) ended in Mar. 2024 was MXN105,496 Mil.

Axis Bank's quarterly net interest income declined from Sep. 2023 (MXN26,565 Mil) to Dec. 2023 (MXN26,347 Mil) but then increased from Dec. 2023 (MXN26,347 Mil) to Mar. 2024 (MXN26,994 Mil).

Axis Bank's annual net interest income increased from Mar. 2022 (MXN88,654 Mil) to Mar. 2023 (MXN96,536 Mil) and increased from Mar. 2023 (MXN96,536 Mil) to Mar. 2024 (MXN102,687 Mil).

Axis Bank Net Interest Income (for Banks) Historical Data

The historical data trend for Axis Bank's Net Interest Income (for Banks) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Axis Bank Net Interest Income (for Banks) Chart

Axis Bank Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Net Interest Income (for Banks)

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80,897.52

83,566.53

88,653.68

96,535.95

102,686.97

Axis Bank Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Interest Income (for Banks)	Get a 7-Day Free Trial															26,400.57	25,590.88	26,564.63	26,347.19	26,993.63

Axis Bank Net Interest Income (for Banks) Calculation

Income earned by banks from the fund they have on their balance sheet. These funds can be from customers' deposit, bank's own equity or borrowed.

Net Interest Income (for Banks) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN105,496 Mil.

Axis Bank (MEX:AXB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Axis Bank Ltd (MEX:AXB) » Definitions » Net Interest Income (for Banks)

Traded in Other Exchanges

AXISBANK:India 532215:India AXBl:UK AXB:UK UZC:Germany

Address

Pandurang Budhkar Marg, Axis House, C-2, Wadia International Centre, Worli, Mumbai, MH, IND, 400 025

Website

https://www.axisbank.com

Axis Bank Ltd is a full-service bank operating mostly in India. The bank operates under four segments: treasury, corporate/wholesale banking, retail banking, and other banking. Treasury operations include security investments and derivative trading. Corporate/wholesale banking solutions include mid/large corporate relationships, corporate advisory, project appraisals, and syndication. Retail banking solutions include lending to individual/small businesses, savings accounts, debit and credit cards, ATMs and mobile banking, personal loans. Other banking operations include third-party product distribution and other banking transactions. A plurality of the bank's loan and advances comes from its corporate customers, while a plurality of its fee income comes from its retail customers.

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