QQQ   432.79 (+0.19%)
AAPL   188.32 (-0.58%)
MSFT   414.11 (+0.01%)
META   470.00 (+0.09%)
GOOGL   145.91 (+0.25%)
AMZN   169.84 (-0.40%)
TSLA   189.56 (+1.06%)
NVDA   696.41 (-0.65%)
NIO   5.82 (-0.68%)
AMD   169.35 (-0.93%)
BABA   70.74 (-3.94%)
T   16.82 (-2.94%)
F   12.83 (+0.23%)
MU   84.88 (-0.34%)
CGC   4.11 (-4.86%)
GE   139.07 (+0.41%)
DIS   110.54 (+11.50%)
AMC   4.09 (+3.81%)
PFE   27.56 (+0.00%)
PYPL   56.13 (-11.24%)
XOM   103.97 (+1.71%)
QQQ   432.79 (+0.19%)
AAPL   188.32 (-0.58%)
MSFT   414.11 (+0.01%)
META   470.00 (+0.09%)
GOOGL   145.91 (+0.25%)
AMZN   169.84 (-0.40%)
TSLA   189.56 (+1.06%)
NVDA   696.41 (-0.65%)
NIO   5.82 (-0.68%)
AMD   169.35 (-0.93%)
BABA   70.74 (-3.94%)
T   16.82 (-2.94%)
F   12.83 (+0.23%)
MU   84.88 (-0.34%)
CGC   4.11 (-4.86%)
GE   139.07 (+0.41%)
DIS   110.54 (+11.50%)
AMC   4.09 (+3.81%)
PFE   27.56 (+0.00%)
PYPL   56.13 (-11.24%)
XOM   103.97 (+1.71%)
QQQ   432.79 (+0.19%)
AAPL   188.32 (-0.58%)
MSFT   414.11 (+0.01%)
META   470.00 (+0.09%)
GOOGL   145.91 (+0.25%)
AMZN   169.84 (-0.40%)
TSLA   189.56 (+1.06%)
NVDA   696.41 (-0.65%)
NIO   5.82 (-0.68%)
AMD   169.35 (-0.93%)
BABA   70.74 (-3.94%)
T   16.82 (-2.94%)
F   12.83 (+0.23%)
MU   84.88 (-0.34%)
CGC   4.11 (-4.86%)
GE   139.07 (+0.41%)
DIS   110.54 (+11.50%)
AMC   4.09 (+3.81%)
PFE   27.56 (+0.00%)
PYPL   56.13 (-11.24%)
XOM   103.97 (+1.71%)
QQQ   432.79 (+0.19%)
AAPL   188.32 (-0.58%)
MSFT   414.11 (+0.01%)
META   470.00 (+0.09%)
GOOGL   145.91 (+0.25%)
AMZN   169.84 (-0.40%)
TSLA   189.56 (+1.06%)
NVDA   696.41 (-0.65%)
NIO   5.82 (-0.68%)
AMD   169.35 (-0.93%)
BABA   70.74 (-3.94%)
T   16.82 (-2.94%)
F   12.83 (+0.23%)
MU   84.88 (-0.34%)
CGC   4.11 (-4.86%)
GE   139.07 (+0.41%)
DIS   110.54 (+11.50%)
AMC   4.09 (+3.81%)
PFE   27.56 (+0.00%)
PYPL   56.13 (-11.24%)
XOM   103.97 (+1.71%)
NYSE:IBN

ICICI Bank (IBN) Stock Price, News & Analysis

$23.59
-0.98 (-3.99%)
(As of 02/8/2024 ET)
Today's Range
$23.54
$23.90
50-Day Range
$22.17
$25.08
52-Week Range
$19.34
$25.12
Volume
6.03 million shs
Average Volume
7.45 million shs
Market Capitalization
$82.75 billion
P/E Ratio
17.60
Dividend Yield
0.72%
Price Target
N/A

ICICI Bank MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.47% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.29mentions of ICICI Bank in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
7.25%
From $1.38 to $1.48 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.79 out of 5 stars

Finance Sector

696th out of 842 stocks

Commercial Banks, Not Elsewhere Classified Industry

24th out of 28 stocks


IBN stock logo

About ICICI Bank Stock (NYSE:IBN)

ICICI Bank Limited is a leading private-sector bank in India. The bank was founded in 1955 under the guidance of The World Bank, the government of India, and India’s leading businessmen. The purpose of the bank was to provide financing for industrial projects and it held to that mission until the 1990s. Reforms of India’s financial sector allowed the bank to pursue other avenues including but not limited to consumer banking and loans.

Since then, the maturing of India’s market has allowed the company to expand even further. The company was incorporated as ICICI Bank as part of ICICI Group in 1994 and went on to become the first Asian bank outside of Japan to be listed on the NYSE. Over the years, the bank has merged with several subsidiaries of ICICI Group and with ICICI Group itself as it consolidated its position as a leading bank in India.

Today, ICICI Bank provides a broad array of banking products and financial services in India and internationally including personal and business banking as well as NRI, insurance products, and corporate services. The firm is headquartered in Mumbai and is the 5th largest bank in India with operations in 17 countries including the US, UK, Singapore, and Bahrain.

The company operates its Retail Banking, Wholesale Banking, Treasury, Other Banking, Life Insurance, General Insurance, and Other segments through a network of branches, ATMs, and websites. The company listed 5,418 branches in 2022 and more than 13,340 ATMs as well. The company’s services can all be accessed by phone or through the network of nine websites as well as on mobile devices.

The company offers consumer products ranging from savings to checking as well as retirement and insurance products. The company’s loan products run from home, car, personal, and commercial business loans to loans for gold, loans against securities, collateral-free loans, and financing for importers/exporters, start-up businesses, and education. The bank is particularly strong with its Agri and rural business, farmer finance, and tractor loans.

Among the Other services the company provides are portfolio management, brokerage, foreign exchange, NRI banking (non-resident of India), and family wealth accounts. Business services include commercial and investment banking, access to capital markets, and an array of business finance products. In regard to the bank's health, its senior secured notes carry investment grade ratings from both major rating agencies.

ICICI Bank is committed to aiding India’s economic growth and development. The company operates the ICICI Foundation which works hard at improving financial literacy in an all-inclusive manner.





IBN Stock Price History

IBN Stock News Headlines

HUGE BUY ALERT: Move Fast, Musk…
Since 2018, Eric Wade's investment recommendations have averaged 115%. But one investment he just discovered in Phoenix could blow them all away. It involves Elon Musk, Bill Gates, 32 government mandates, and an AI breakthrough... Not to mention a technology that could help you earn $30,000 a year outside the stock market. 
My wife was skeptical... until I showed her my account balance.
The Fed just created the single greatest income opportunity I've seen in nearly 20 years. I've put more than $1M of my own money into it. And plan to add another million! I even suggested my wife put her savings into it.    
Icici Bank: A Strong Buy on Robust Fundamentals and Growth Prospects
HDFC Bank: Why The $21bn Rout Was Not Unjustified
IBN Stock Earnings: ICICI Bank Beats EPS for Q1 2024
See More Headlines
Receive IBN Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for ICICI Bank and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
1/23/2024
Today
2/08/2024
Fiscal Year End
3/31/2024
Next Earnings (Estimated)
4/26/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Commercial banks, not elsewhere classified
Sub-Industry
N/A
Employees
157,799
Year Founded
1994

Profitability

Net Income
$4.25 billion
Pretax Margin
29.60%

Debt

Sales & Book Value

Annual Sales
$16.08 billion
Cash Flow
$1.24 per share
Book Value
$8.60 per share

Miscellaneous

Outstanding Shares
3,507,750,000
Free Float
N/A
Market Cap
$83.03 billion
Optionable
Optionable
Beta
1.01

Social Links

7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed Investors Cover

As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.

Get This Free Report

Key Executives

Should I Buy ICICI Bank Stock? IBN Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of ICICI Bank was last updated on Monday, January 29, 2024 at 1:17 PM.

Pros

Here are some ways that investors could benefit from investing in ICICI Bank Limited:

  • ICICI Bank offers a wide range of banking products and services, including savings accounts, loans, credit cards, and investment products. This provides investors with diverse opportunities to earn returns and manage their finances.
  • The bank operates in both India and internationally, allowing investors to tap into the growth potential of these markets.
  • ICICI Bank has a strong presence in retail banking, which provides a stable source of revenue and potential for growth.
  • The bank offers various insurance products, including life insurance, which can provide additional revenue streams and diversification for investors.
  • ICICI Bank has been attracting investments from institutional investors, indicating confidence in the bank's performance and potential for future growth.

Cons

Investors should be bearish about investing in ICICI Bank Limited for these reasons:

  • The stock price of ICICI Bank may be subject to market volatility and fluctuations, which can impact the value of investments.
  • The banking industry is highly regulated, and changes in regulations or government policies can affect the operations and profitability of ICICI Bank.
  • ICICI Bank faces competition from other banks and financial institutions, which can impact its market share and profitability.
  • The bank's performance and financial results can be influenced by macroeconomic factors, such as interest rates, inflation, and economic conditions in India and internationally.
  • Investing in ICICI Bank involves risks associated with the banking sector, including credit risk, liquidity risk, and operational risk.














IBN Stock Analysis - Frequently Asked Questions

Should I buy or sell ICICI Bank stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ICICI Bank in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" IBN shares.
View IBN analyst ratings
or view top-rated stocks.

How have IBN shares performed in 2024?

ICICI Bank's stock was trading at $23.84 at the start of the year. Since then, IBN stock has decreased by 1.0% and is now trading at $23.59.
View the best growth stocks for 2024 here
.

When is ICICI Bank's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, April 26th 2024.
View our IBN earnings forecast
.

How were ICICI Bank's earnings last quarter?

ICICI Bank Limited (NYSE:IBN) issued its earnings results on Tuesday, January, 23rd. The bank reported $0.35 earnings per share for the quarter, meeting analysts' consensus estimates of $0.35. The bank had revenue of $5.18 billion for the quarter. ICICI Bank had a net margin of 24.82% and a trailing twelve-month return on equity of 16.57%.

Is ICICI Bank a good dividend stock?

ICICI Bank (NYSE:IBN) pays an annual dividend of $0.17 per share and currently has a dividend yield of 0.70%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 12.69%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IBN will have a dividend payout ratio of 11.49% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for IBN.

When did ICICI Bank's stock split?

ICICI Bank shares split on Tuesday, December 9th 2014. The 5-1 split was announced on Friday, January 1st 2100. The newly minted shares were issued to shareholders after the market closes on Monday, December 8th 2014. An investor that had 100 shares of stock prior to the split would have 500 shares after the split.

What is Sandeep Bakhshi's approval rating as ICICI Bank's CEO?

1,313 employees have rated ICICI Bank Chief Executive Officer Sandeep Bakhshi on Glassdoor.com. Sandeep Bakhshi has an approval rating of 85% among the company's employees.

What other stocks do shareholders of ICICI Bank own?

Based on aggregate information from My MarketBeat watchlists, some companies that other ICICI Bank investors own include Infosys (INFY), Tata Motors (TTM), Alibaba Group (BABA), Bank of America (BAC), Ford Motor (F), HDFC Bank (HDB), General Electric (GE), Tesla (TSLA), Walt Disney (DIS) and Netflix (NFLX).

Who are ICICI Bank's major shareholders?

ICICI Bank's stock is owned by many different institutional and retail investors. Top institutional shareholders include WCM Investment Management LLC (1.85%), Dimensional Fund Advisors LP (0.34%), Principal Financial Group Inc. (0.32%), Robeco Institutional Asset Management B.V. (0.20%), Baillie Gifford & Co. (0.18%) and Hardman Johnston Global Advisors LLC (0.15%).

How do I buy shares of ICICI Bank?

Shares of IBN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does ICICI Bank have any subsidiaries?
The following companies are subsidiares of ICICI Bank: ICICI Bank Canada, ICICI Bank UK PLC, ICICI Home Finance Company Limited, ICICI Lombard General Insurance Company, ICICI Lombard General Insurance Company Limited, ICICI Prudential Asset Management Company Limited, ICICI Prudential Life Insurance Company Limited, ICICI Securities Limited, and ICICI Securities Primary Dealership Limited.
Read More
This page (NYSE:IBN) was last updated on 2/8/2024 by MarketBeat.com Staff

My Account -