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    INFY   INE009A01021

INFOSYS LIMITED

(INFY)
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Frost Bank Selects Infosys as Strategic Partner to Launch New Mortgage Loan Product Offering

09/16/2021 | 09:16am EDT

Infosys announced that it would collaborate with Frost Bank to provide strategic business consulting and digital capabilities that will enable Frost Bank to offer mortgage loans along with its other consumer loan products. Infosys will help design the bank's mortgage loan process landscape from origination to servicing, design the end-customer experience, and select the most effective technology platform to run and manage operations, while driving growth for its mortgage solutions over the next five years. Infosys and Frost Bank will work together to create a human-centric, digital-first approach to customer mortgage loans that delivers superior borrower experience along with cutting-edge efficiency of operations. The implementation strategy will focus on accelerating launch of the new product, while also streamlining the mortgage value chain for Frost Bank by taking advantage of Infosys' access to global best practices and innovations. Infosys also has deep expertise and long years of experience in collaborating with independent mortgage solution providers and regional banks in the US. Frost Bank can leverage this to compete profitably in a rapidly transforming competitive landscape.


© S&P Capital IQ 2021
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Analyst Recommendations on INFOSYS LIMITED
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Financials
Sales 2022 1 195 B 15 877 M 15 877 M
Net income 2022 223 B 2 958 M 2 958 M
Net cash 2022 293 B 3 889 M 3 889 M
P/E ratio 2022 33,9x
Yield 2022 1,87%
Capitalization 7 510 B 99 696 M 99 752 M
EV / Sales 2022 6,04x
EV / Sales 2023 5,24x
Nbr of Employees 267 953
Free-Float 84,7%
Chart INFOSYS LIMITED
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Infosys Limited Technical Analysis Chart | INFY | INE009A01021 | MarketScreener
Technical analysis trends INFOSYS LIMITED
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 37
Last Close Price 1 792,15 INR
Average target price 1 978,73 INR
Spread / Average Target 10,4%
EPS Revisions
Managers and Directors
Salil S. Parekh Chief Executive Officer, MD & Executive Director
Mohit Joshi Co-President
Ravi Kumar S. Co-President & Deputy Chief Operating Officer
Nilanjan Roy Chief Financial Officer
Nandan M. Nilekani Non-Executive Chairman
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