NYSE:IBNICICI Bank Stock Price, Forecast & News

$9.31

-0.47 (-4.81 %)

(As of 06/4/2020 03:46 PM ET)

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Today's Range

$9.27

Now: $9.31▼

$9.39

50-Day Range

$7.76

MA: $8.75▼

$10.14

52-Week Range

$6.86

Now: $9.31▼

$15.42

Volume638,513 shs

Average Volume8.44 million shs

Market Capitalization$30.14 billion

P/E Ratio27.38

Dividend Yield0.30%

Beta1.18

ICICI Bank Limited, together with its subsidiaries, provides banking and financial services in India and internationally. It operates through Retail Banking, Wholesale Banking, Treasury, Other Banking, Life Insurance, General Insurance, and Others segments. The company offers savings, salary, pension, current, and other accounts; and fixed, recurring, and security deposits. It also provides home, car, two wheeler, personal, gold, and commercial business loans, as well as loans against securities and other loans; business loans, such as working capital finance, term loans, collateral free loans, loans without financials, finance for importers and exporters, and secured loans for credit card swipes, as well as loans for new entities, and schools and colleges; and credit, debit, prepaid, travel, and corporate cards. In addition, the company offers life, health, travel, car, two wheeler, home, and student medical insurance products; pockets wallet; fixed income products; investment products, such as mutual funds, gold monetization schemes, and initial public offerings, as well as other online investment services; and farmer finance, tractor loans, and micro banking services, as well as other services to agri traders and processors, and agri corporates. Further, it provides portfolio management, trade, foreign exchange, locker, private and NRI banking, and cash management services; family wealth and demat accounts; commercial banking, investment banking, capital markets and custodial, project and technology finance, and institutional banking services, as well as Internet, mobile, and phone banking services. Additionally, the company offers securities investment, broking, trading, and underwriting services; and merchant banking, private equity/venture capital fund management, trusteeship, and pension fund management services. As of March 31, 2018, it had a network of 4,867 branches and 14,367 ATMs. ICICI Bank Limited was founded in 1955 and is based in Mumbai, India.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for ICICI Bank.

2.3 Community Rank

Outperform Votes
ICICI Bank has received 251 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
ICICI Bank has received 287 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
ICICI Bank has received 53.35% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about ICICI Bank and other stocks. Vote “Outperform” if you believe IBN will outperform the S&P 500 over the long term. Vote “Underperform” if you believe IBN will underperform the S&P 500 over the long term. You may vote once every thirty days.

4.2 Dividend Strength

Dividend Leadership
ICICI Bank is a leading dividend payer. It pays a dividend yield of 0.30%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
ICICI Bank has been increasing its dividend for 6 years.
Dividend Coverage
The dividend payout ratio of ICICI Bank is 9.09 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, ICICI Bank will have a dividend payout ratio of 4.29 % next year. This indicates that ICICI Bank will be able to sustain or increase its dividend.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, ICICI Bank insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 17.97% of the stock of ICICI Bank is held by institutions.

1.9 Earnings and Valuation

Earnings Growth
Earnings for ICICI Bank are expected to grow by 42.86% in the coming year, from $0.49 to $0.70 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of ICICI Bank is 27.38, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.29.
Price to Earnings Ratio vs. Sector
The P/E ratio of ICICI Bank is 27.38, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 20.00.
Price to Book Value per Share Ratio
ICICI Bank has a P/B Ratio of 1.64. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.67 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Commercial banks, not elsewhere classified

Sub-IndustryN/A

SectorFinance

Current SymbolNYSE:IBN

Previous Symbol

CUSIPN/A

CIK1103838

Webwww.icicibank.com

Phone91-22-3366-7777

Debt

Debt-to-Equity Ratio1.65

Current Ratio1.04

Quick Ratio1.04

Price-To-Earnings

Trailing P/E Ratio27.38

Forward P/E Ratio19.00

P/E GrowthN/A

Sales & Book Value

Annual Sales$12.60 billion

Price / Sales2.39

Cash Flow$0.48 per share

Price / Cash Flow19.36

Book Value$5.66 per share

Price / Book1.64

Profitability

EPS (Most Recent Fiscal Year)$0.33

Net Income$1.35 billion

Net Margins8.69%

Return on Equity6.27%

Return on Assets0.60%

Miscellaneous

Employees117,340

Outstanding Shares3,237,170,000

Market Cap$30.14 billion

Next Earnings Date8/3/2020 (Estimated)

OptionableOptionable

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ICICI Bank (NYSE:IBN) Frequently Asked Questions

How has ICICI Bank's stock been impacted by COVID-19 (Coronavirus)?

ICICI Bank's stock was trading at $11.99 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, IBN shares have decreased by 22.4% and is now trading at $9.31. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of ICICI Bank?

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, resulting in a consensus recommendation of "Buy." View analyst ratings for ICICI Bank.

When is ICICI Bank's next earnings date?

ICICI Bank is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for ICICI Bank.

When did ICICI Bank's stock split? How did ICICI Bank's stock split work?

ICICI Bank shares split before market open 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 closing bell on Monday, December 8th 2014. An investor that had 100 shares of ICICI Bank stock prior to the split would have 500 shares after the split.

Has ICICI Bank been receiving favorable news coverage?

News articles about IBN stock have trended somewhat negative recently, InfoTrie reports. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. ICICI Bank earned a daily sentiment score of -1.0 on InfoTrie's scale. They also assigned media coverage about the bank a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the immediate future. View the latest news aboutICICI Bank.

Who are some of ICICI Bank's key competitors?

Some companies that are related to ICICI Bank include Royal Bank of Canada (RY), Toronto-Dominion Bank (TD), HDFC Bank (HDB), Mitsubishi UFJ Financial Group (MUFG), BNP PARIBAS/S (BNPQY), Banco Santander (SAN), Westpac Banking (WBK), Sumitomo Mitsui Financial Grp (SMFG), ANZ (ANZBY), Bank of Montreal (BMO), Boc Hong Kong (BHKLY), Canadian Imperial Bank of Commerce (CM), HANG SENG BK LT/S (HSNGY), NORDEA Bk AB SW/S (NRDBY) and Lloyds Banking Group (LYG). View all competitors.

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), HDFC Bank (HDB), Vedanta (VEDL), Walt Disney (DIS), Bank of America (BAC), Netflix (NFLX), Tesla (TSLA) and Visa (V).

Who are ICICI Bank's key executives?

ICICI Bank's management team includes the following people:

Mr. Rakesh Jha BE, PGDM, Chief Financial Officer (Age 47)
Ms. Vishakha Vivek Mulye, Exec. Director (Age 50)
Mr. Anup Bagchi, Head of Retail Banking & Exec. Director (Age 48)
Mr. Sandeep Bakhshi, MD, CEO & Exec. Director (Age 59)
Ajay Mittal, Chief Accountant

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 many different retail and institutional investors. Top institutional investors include Invesco Ltd. (1.74%), Baillie Gifford & Co. (0.90%), Capital International Investors (0.87%), Morgan Stanley (0.52%), Morgan Stanley (0.52%) and Hardman Johnston Global Advisors LLC (0.47%).

Which major investors are selling ICICI Bank stock?

IBN stock was sold by a variety of institutional investors in the last quarter, including Invesco Ltd., Baillie Gifford & Co., Wellington Management Group LLP, ARGA Investment Management LP, Hardman Johnston Global Advisors LLC, AQR Capital Management LLC, Rockefeller Capital Management L.P., and Pendal Group Ltd.

Which major investors are buying ICICI Bank stock?

IBN stock was acquired by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, Charles Lim Capital Ltd, Capital International Investors, Somerset Capital Management LLP, JPMorgan Chase & Co., State Street Corp, and Assenagon Asset Management S.A..

How do I buy shares of ICICI Bank?

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

What is ICICI Bank's stock price today?

One share of IBN stock can currently be purchased for approximately $9.31.

How big of a company is ICICI Bank?

ICICI Bank has a market capitalization of $30.14 billion and generates $12.60 billion in revenue each year. The bank earns $1.35 billion in net income (profit) each year or $0.33 on an earnings per share basis. ICICI Bank employs 117,340 workers across the globe.

What is ICICI Bank's official website?

The official website for ICICI Bank is www.icicibank.com.

How can I contact ICICI Bank?

ICICI Bank's mailing address is ICICI BANK TOWERS BANDRA-KURLA COMPLEX, MUMBAI K7, 400051. The bank can be reached via phone at 91-22-3366-7777 or via email at [email protected]

This page was last updated on 6/4/2020 by MarketBeat.com Staff