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S&P 500   4,282.37
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S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Opera Stock: The Fast-Rising Star of AI-Driven Web Experiences
The single greatest medical breakthrough of all time? (Ad)
What Should Investors Make of These 3 Dividend Cuts?
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From -60% Account to Doubling His Money? (Ad)
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Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Opera Stock: The Fast-Rising Star of AI-Driven Web Experiences
The single greatest medical breakthrough of all time? (Ad)
What Should Investors Make of These 3 Dividend Cuts?
Symbotic AI Robots Disrupt Warehouse Industry, Stock Price Soars
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
From -60% Account to Doubling His Money? (Ad)
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
NYSE:IBN

ICICI Bank (IBN) Stock Forecast, Price & News

$23.09
+0.10 (+0.43%)
(As of 06/2/2023 ET)
Compare
Today's Range
$22.93
▼
$23.21
50-Day Range
$20.80
▼
$23.09
52-Week Range
$17.07
▼
$23.75
Volume
5.04 million shs
Average Volume
5.87 million shs
Market Capitalization
$80.70 billion
P/E Ratio
20.43
Dividend Yield
0.48%
Price Target
N/A
ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media

ICICI Bank MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.42% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.13mentions of ICICI Bank in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
14.84%
From $1.28 to $1.47 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.33 out of 5 stars

Finance Sector

496th out of 874 stocks

Commercial Banks, Not Elsewhere Classified Industry

20th out of 31 stocks

See Top Rated MarketRank™ Stocks Here

IBN stock logo

About ICICI Bank (NYSE:IBN) Stock

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.





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IBN Stock News Headlines

June 2, 2023 | msn.com
ICICI Bank contributes Rs 1200 crore to Tata Memorial for cancer treatment facilities in Maharashtra, Punjab and AP
June 1, 2023 | finance.yahoo.com
Top Analyst Reports for NVIDIA, Bristol-Myers Squibb & ICICI Bank
June 3, 2023 | Chaikin Analytics (Ad)
Wall Street Legend Who Called AMZN Crash Issues New Sell Alert
Now, after years of big gains, he says one popular company's day in the sun is finally coming to an end. You must get off this sinking ship – NOW. 1 million people follow him for his surprisingly accurate predictions. His new sell alert could save your wealth in 2023.
June 1, 2023 | msn.com
ICICI Bank: A Mix Of Positives And Negatives
June 1, 2023 | msn.com
ICICI Bank, PNB revise basic lending rates, EMIs to go up: Check new loan rates here
May 30, 2023 | reuters.com
India's ICICI Lombard jumps as ICICI Bank approves raising stake
May 29, 2023 | msn.com
ICICI Bank decides to increase stake in ICICI Lombard to over 50% before September
May 29, 2023 | msn.com
Plan change: ICICI Bank to hike stake in ICICI Lombard
June 3, 2023 | Chaikin Analytics (Ad)
Wall Street Legend Who Called AMZN Crash Issues New Sell Alert
Now, after years of big gains, he says one popular company's day in the sun is finally coming to an end. You must get off this sinking ship – NOW. 1 million people follow him for his surprisingly accurate predictions. His new sell alert could save your wealth in 2023.
May 28, 2023 | americanbankingnews.com
ICICI Bank (NYSE:IBN) Stock Price Crosses Above Two Hundred Day Moving Average of $21.77
May 24, 2023 | americanbankingnews.com
Reviewing ICICI Bank (NYSE:IBN) & First Republic Bank (OTCMKTS:FRCB)
May 22, 2023 | msn.com
A Bullish Sign Appears On ICICI Bank's Chart
May 21, 2023 | reuters.com
ICICI Bank Ltd
May 6, 2023 | msn.com
ICICI Bank introduces auto recharge on FASTag through UPI mandate
May 6, 2023 | marketwatch.com
ICICI Bank rises Friday, outperforms market
May 3, 2023 | msn.com
HC rejects Chanda Kochhar’s plea for interim reliefs against ICICI Bank
May 3, 2023 | msn.com
Bombay HC upholds order citing termination of former ICICI Bank CEO Chanda Kochhar
April 24, 2023 | msn.com
ICICI Bank share price jumps 2.5% today after stellar Q4 net profit; Should you buy, hold or sell ICICI stock?
April 24, 2023 | msn.com
ICICI Bank among top Nifty 50 gainers after better-than-expected Q4 results, analyst sees 35% upside
April 24, 2023 | msn.com
ICICI Bank’s Q4 PAT rises 30% YoY. Should you buy it now?
April 24, 2023 | finance.yahoo.com
ICICI Bank (IBN) Q4 Earnings Rise on Higher Loan Demand
April 22, 2023 | msn.com
ICICI Bank Q4 results: Net profit rises 30% to Rs 9,122 cr; lender declares Rs 8 dividend
April 22, 2023 | msn.com
'Baseless, mischievous': ICICI Bank denies report of any customer data leak
April 22, 2023 | msn.com
ICICI Bank Q4 results: Net profit up 30 pct YoY at Rs Rs 9,122 crore; dividend of Rs 8/share declared
April 22, 2023 | msn.com
ICICI Bank Q4 Results Highlights: Profit up by 30%, considerable fall in NPAs - here are 5 key takeaways net profit final dividend at rs 8
April 22, 2023 | reuters.com
India ICICI Bank’s net profit jumps 30% in January-March
April 22, 2023 | msn.com
ICICI Bank Dividend 2023 news
See More Headlines

IBN Price History

IBN Company Calendar

Today
6/03/2023
Next Earnings (Estimated)
7/28/2023
Fiscal Year End
3/31/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Commercial banks, not elsewhere classified
Sub-Industry
N/A
Sector
Finance
Current Symbol
NYSE:IBN
CUSIP
N/A
CIK
1103838
Web
www.icicibank.com
Phone
912233667777
Fax
91-22-2653-1122
Employees
130,542
Year Founded
1994

Profitability

EPS (Most Recent Fiscal Year)
$1.13
Trailing P/E Ratio
20.43
Forward P/E Ratio
18.04
P/E Growth
2.04
Net Income
$4.25 billion
Net Margins
22.29%
Pretax Margin
25.38%
Return on Equity
15.46%
Return on Assets
1.73%

Debt

Debt-to-Equity Ratio
0.85
Current Ratio
1.01
Quick Ratio
1.02

Sales & Book Value

Annual Sales
$16.08 billion
Price / Sales
5.02
Cash Flow
$1.30 per share
Price / Cash Flow
17.71
Book Value
$7.91 per share
Price / Book
2.92

Miscellaneous

Outstanding Shares
3,494,880,000
Free Float
N/A
Market Cap
$80.70 billion
Optionable
Optionable
Beta
0.92

Social Links


Key Executives

  • Sandeep Bakhshi
    Chief Executive Officer, MD & Executive Director
  • Sandeep Batra
    President & Executive Director
  • Anindya Banerjee
    Group Chief Financial Officer
  • Prachiti Lalingkar
    Secretary & Compliance Officer
  • Avijit Churamoni Saha
    Business Head-Rural & Inclusive Banking

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions













IBN Stock - Frequently Asked Questions

Should I buy or sell ICICI Bank stock right now?

1 Wall Street 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 analysts is that investors should "buy" IBN shares.
View IBN analyst ratings or view top-rated stocks.

How have IBN shares performed in 2023?

ICICI Bank's stock was trading at $21.89 at the beginning of 2023. Since then, IBN stock has increased by 5.5% and is now trading at $23.09.
View the best growth stocks for 2023 here.

Are investors shorting ICICI Bank?

ICICI Bank saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 14,750,000 shares, a decline of 8.7% from the April 30th total of 16,150,000 shares. Based on an average trading volume of 4,770,000 shares, the short-interest ratio is currently 3.1 days.
View ICICI Bank's Short Interest.

When is ICICI Bank's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, July 28th 2023.
View our IBN earnings forecast.

How often does ICICI Bank pay dividends? What is the dividend yield for ICICI Bank?

ICICI Bank declared an annual dividend on Wednesday, July 13th. Investors of record on Wednesday, August 10th will be paid a dividend of $0.112 per share on Wednesday, August 10th. This represents a yield of 0.59%. The ex-dividend date is Tuesday, August 9th.
Read our dividend analysis for IBN.

What ETFs hold ICICI Bank's stock?

ETFs with the largest weight of ICICI Bank (NYSE:IBN) stock in their portfolio include Putnam PanAgora ESG Emerging Markets Equity ETF (PPEM), Matthews Emerging Markets ex China Active ETF (MEMX), Amplify International Enhanced Dividend Income ETF (IDVO), Columbia EM Core ex-China ETF (XCEM), Innovator IBD Breakout Opportunities ETF (BOUT), First Trust BICK Index Fund (BICK), Changebridge Long/Short Equity ETF (CBLS) and Changebridge Select Equity ETF (CBSE).

Is ICICI Bank a good dividend stock?

ICICI Bank (NYSE:IBN) pays an annual dividend of $0.11 per share and currently has a dividend yield of 0.49%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 9.73%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IBN will have a dividend payout ratio of 7.48% 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?

Shares of ICICI Bank split on Tuesday, December 9th 2014. The 5-1 split was announced on Friday, January 1st 2100. The newly created 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.

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).

What is ICICI Bank's stock symbol?

ICICI Bank trades on the New York Stock Exchange (NYSE) under the ticker symbol "IBN."

Who are ICICI Bank's major shareholders?

ICICI Bank's stock is owned by a variety of retail and institutional investors. Top institutional investors include WCM Investment Management LLC (2.03%), GQG Partners LLC (1.85%), Temasek Holdings Private Ltd (0.72%), FIL Ltd (0.64%), Harding Loevner LP (0.45%) and Robeco Institutional Asset Management B.V. (0.36%).

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is ICICI Bank's stock price today?

One share of IBN stock can currently be purchased for approximately $23.09.

How much money does ICICI Bank make?

ICICI Bank (NYSE:IBN) has a market capitalization of $80.70 billion and generates $16.08 billion in revenue each year. The bank earns $4.25 billion in net income (profit) each year or $1.13 on an earnings per share basis.

How many employees does ICICI Bank have?

The company employs 130,542 workers across the globe.

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
How can I contact ICICI Bank?

ICICI Bank's mailing address is ICICI BANK TOWERS BANDRA-KURLA COMPLEX, MUMBAI K7, 400051. The official website for the company is www.icicibank.com. The bank can be reached via phone at 912233667777, via email at investors@infotech.icici.com, or via fax at 91-22-2653-1122.

This page (NYSE:IBN) was last updated on 6/3/2023 by MarketBeat.com Staff

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