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NYSE:IBN

ICICI Bank (IBN) Stock Price, News & Analysis

$29.36
0.00 (0.00%)
(As of 07/22/2024 ET)
Today's Range
$29.22
$29.56
50-Day Range
$25.76
$29.63
52-Week Range
$21.89
$29.66
Volume
3.18 million shs
Average Volume
5.54 million shs
Market Capitalization
$103.27 billion
P/E Ratio
21.12
Dividend Yield
0.58%
Price Target
N/A

ICICI Bank MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Bearish
0.93% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.04mentions of ICICI Bank in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
13.82%
From $1.52 to $1.73 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.

1.87 out of 5 stars

Finance Sector

630th out of 856 stocks

Commercial Banks, Not Elsewhere Classified Industry

23rd out of 24 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

ICICI Bank Limited (NYSE:IBN) Short Interest Update
I spent 44 years on Wall Street. If you knew what I know, you’d be terrified too.
The Most Important Presentation in America Right Now "Most people won't know what to do when their savings run out... Or when the stocks in their portfolios fall by half," says Wall Street icon Louis Navellier. "It's going to affect everything about our normal way of life: Our money, the value of our homes, our ability to retire." When it makes landfall, it's impact will be more violent and more severe than any financial crisis we've ever seen…
ICICI Bank (NYSE:IBN) Reaches New 1-Year High at $29.55
I spent 44 years on Wall Street. If you knew what I know, you’d be terrified too.
The Most Important Presentation in America Right Now "Most people won't know what to do when their savings run out... Or when the stocks in their portfolios fall by half," says Wall Street icon Louis Navellier. "It's going to affect everything about our normal way of life: Our money, the value of our homes, our ability to retire." When it makes landfall, it's impact will be more violent and more severe than any financial crisis we've ever seen…
See More Headlines
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Company Calendar

Last Earnings
4/30/2024
Today
7/22/2024
Next Earnings (Estimated)
7/26/2024
Fiscal Year End
3/31/2025

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
$5.36 billion
Pretax Margin
26.06%

Debt

Sales & Book Value

Annual Sales
$20.04 billion
Cash Flow
$1.53 per share
Book Value
$9.30 per share

Miscellaneous

Outstanding Shares
3,517,880,000
Free Float
N/A
Market Cap
$103.27 billion
Optionable
Optionable
Beta
1.04

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Key Executives


IBN Stock Analysis - Frequently Asked Questions

How have IBN shares performed this year?

ICICI Bank's stock was trading at $23.84 at the beginning of 2024. Since then, IBN shares have increased by 23.1% and is now trading at $29.3550.
View the best growth stocks for 2024 here
.

How were ICICI Bank's earnings last quarter?

ICICI Bank Limited (NYSE:IBN) issued its quarterly earnings data on Tuesday, April, 30th. The bank reported $0.36 earnings per share for the quarter, missing analysts' consensus estimates of $0.37 by $0.01. The bank earned $2.98 billion during the quarter, compared to analysts' expectations of $2.97 billion. ICICI Bank had a trailing twelve-month return on equity of 16.47% and a net margin of 24.65%.

When did ICICI Bank's stock split?

Shares of ICICI Bank split on the morning of Tuesday, December 9th 2014. The 5-1 split was announced on Friday, January 1st 2100. The newly minted shares were payable 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.

Does ICICI Bank have any subsidiaries?

ICICI Bank subsidiaries include 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.

Who are ICICI Bank's major shareholders?

Top institutional shareholders of ICICI Bank include Coronation Fund Managers Ltd. (0.05%), Assenagon Asset Management S.A. (0.03%), Genesis Investment Management LLP (0.02%) and Raymond James & Associates (0.01%).

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.

What other stocks do shareholders of ICICI Bank own?

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

This page (NYSE:IBN) was last updated on 7/23/2024 by MarketBeat.com Staff

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