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Icici Bank Limited (IBN)
NYSE:IBN
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IBN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$23.16 - $32.14
Previous Close$30.3
Volume3.83M
Average Volume (3M)5.32M
Market Cap
$106.95B
Enterprise Value$133.01B
Total Cash (Recent Filing)₹0.00
Total Debt (Recent Filing)₹2.07T
Price to Earnings (P/E)18.6
Beta0.50
Next Earnings
Jan 20, 2025EPS Estimate
$0.37Last Dividend Ex-Date
Aug 12, 2024Dividend Yield0.67%
Share Statistics
EPS (TTM)1.62
Shares Outstanding3,518,094,198
10 Day Avg. Volume3,916,720
30 Day Avg. Volume5,324,475
Standard Deviation0.09
R-Squared0.35
Alpha0.00541
Financial Highlights & Ratios
Price to Book (P/B)0.04
Price to Sales (P/S)5.48
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$36.00Price Target Upside18.81% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Icici Bank News
PremiumCompany Announcements
ICICI Bank Senior Management Change: Mr. Sriram H. Opts for Early Retirement
PremiumCompany Announcements
ICICI Bank to Offload 19% Stake in ICICI Merchant Services
PremiumCompany Announcements
ICICI Bank Appoints Punit Sood as Independent Director
PremiumCompany Announcements
ICICI Bank Faces Shareholder Appeal on Scheme Approval
PremiumCompany Announcements
ICICI Bank Challenges GST Demands Amid Financial Implications
PremiumCompany Announcements
ICICI Bank Announces E-voting for Director Appointment
PremiumCompany Announcements
ICICI Bank Releases Financial Call Transcripts
PremiumCompany Announcements
ICICI Bank Updates: Transparent Financial DisclosuresBulls Say, Bears Say
Bulls Say
Asset QualityThe bank's asset quality performance was probably the best in the sector, with both slippages and credit costs down compared to previous periods.
Deposit FranchiseICICI Bank has one of the strongest deposit franchises across the nation, which continues to allow ICICI Bank to benefit from lower deposit rates as well as a growing CASA franchise in a fragmented deposit market.
ValuationAnalyst reiterates a buy rating, highlighting that current valuations offer attractive risk-reward, both in absolute and relative terms.
Bears Say
Branch ExpansionThe bank opened fewer branches than expected, although it's not a significant concern if performance on the liability front continues.
Financial PerformanceThere was a softer headline net interest margin, attributed to a diminishing contribution from the high yield book impacting the bank's funding pressure.
Loan GrowthThe key risks include a bad loan cycle, weaker than expected earnings due to slower loan growth.
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Ownership Overview
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Insiders
3.46% Mutual Funds
8.80% Other Institutional Investors
87.44% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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IBN FAQ
What was Icici Bank Limited’s price range in the past 12 months?
Icici Bank Limited lowest stock price was $23.16 and its highest was $32.14 in the past 12 months.
What is Icici Bank Limited’s market cap?
Currently, no data Available
When is Icici Bank Limited’s upcoming earnings report date?
Icici Bank Limited’s upcoming earnings report date is Jan 20, 2025 which is in 29 days.
How were Icici Bank Limited’s earnings last quarter?
Icici Bank Limited released its earnings results on Oct 26, 2024. The company reported $0.397 earnings per share for the quarter, beating the consensus estimate of $0.374 by $0.023.
Is Icici Bank Limited overvalued?
According to Wall Street analysts Icici Bank Limited’s price is currently Undervalued.
Does Icici Bank Limited pay dividends?
Icici Bank Limited pays a Annually dividend of $0.202 which represents an annual dividend yield of 0.67%. See more information on Icici Bank Limited dividends here
What is Icici Bank Limited’s EPS estimate?
Icici Bank Limited’s EPS estimate is $0.37.
How many shares outstanding does Icici Bank Limited have?
Icici Bank Limited has 3,528,763,400 shares outstanding.
What happened to Icici Bank Limited’s price movement after its last earnings report?
Icici Bank Limited reported an EPS of $0.397 in its last earnings report, beating expectations of $0.374. Following the earnings report the stock price went same N/A.
Which hedge fund is a major shareholder of Icici Bank Limited?
Among the largest hedge funds holding Icici Bank Limited’s share is Driehaus Capital Management LLC. It holds Icici Bank Limited’s shares valued at 199M.
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Icici Bank Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$36.00 (18.81% Upside)
$36.00 (18.81% Upside)
Blogger Sentiment
Bullish
IBN Sentiment 100%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 1.4M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 4.2%
Last 30 Days ▲ 7.3%
Last 30 Days ▲ 7.3%
Technicals
SMA
Positive
20 days / 200 days
Momentum
27.38%
12-Months-Change
Fundamentals
Return on Equity
18.52%
Trailing 12-Months
Asset Growth
17.36%
Trailing 12-Months
Company Description
Icici Bank Limited
India-based ICICI Bank Ltd. provides banking and financial services, which include retail banking, corporate banking, and treasury operations. It operates through the following segments: Retail Banking, Wholesale Banking, Treasury, and Other Banking.
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IBN Company Deck
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IBN Earnings Call
Q2 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call reflects strong growth in profits, deposits, and domestic loan portfolios. However, challenges such as declining net interest margins and increased write-offs on NPAs are evident. The bank's focus on digital transactions and improved asset quality are positive signs, but some areas like retail NPA additions and overseas loan portfolio decline pose challenges.Read More>---
IBN Stock 12 Month Forecast
Average Price Target
$36.00
▲(18.81% Upside)
Technical Analysis
Best Analysts Covering IBN
1 Year
1 Year Success Rate
5/6 ratings generated profit
1 Year Average Return
+12.33%
reiterated a buy rating 5 months ago
Copying Sumeet Kariwala's trades and holding each position for 1 Year would result in 83.33% of your transactions generating a profit, with an average return of +12.33% per trade.
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