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S&P 500   4,191.98
DOW   33,426.63
QQQ   336.51
Mount Etna volcano erupts, raining ash on Catania, forcing flight suspension at local airport
Sell every Stock except ONE (Ad)
China tells tech manufacturers to stop using Micron chips, stepping up feud with United States
Stock market today: Asian shares mostly rise despite worries about US debt talks
Laser breakthrough could send stock soaring 2,467% (Ad)
SpaceX launches two Saudi astronauts on private flight to space station
Civil rights groups warn tourists about Florida in wake of 'hostile' laws
Laser breakthrough could send stock soaring 2,467% (Ad)
South Korean, German leaders agree to cooperate on supply chains, North Korea
Animal rights activists protest octopus farm plans in Spain
S&P 500   4,191.98
DOW   33,426.63
QQQ   336.51
Mount Etna volcano erupts, raining ash on Catania, forcing flight suspension at local airport
Sell every Stock except ONE (Ad)
China tells tech manufacturers to stop using Micron chips, stepping up feud with United States
Stock market today: Asian shares mostly rise despite worries about US debt talks
Laser breakthrough could send stock soaring 2,467% (Ad)
SpaceX launches two Saudi astronauts on private flight to space station
Civil rights groups warn tourists about Florida in wake of 'hostile' laws
Laser breakthrough could send stock soaring 2,467% (Ad)
South Korean, German leaders agree to cooperate on supply chains, North Korea
Animal rights activists protest octopus farm plans in Spain
S&P 500   4,191.98
DOW   33,426.63
QQQ   336.51
Mount Etna volcano erupts, raining ash on Catania, forcing flight suspension at local airport
Sell every Stock except ONE (Ad)
China tells tech manufacturers to stop using Micron chips, stepping up feud with United States
Stock market today: Asian shares mostly rise despite worries about US debt talks
Laser breakthrough could send stock soaring 2,467% (Ad)
SpaceX launches two Saudi astronauts on private flight to space station
Civil rights groups warn tourists about Florida in wake of 'hostile' laws
Laser breakthrough could send stock soaring 2,467% (Ad)
South Korean, German leaders agree to cooperate on supply chains, North Korea
Animal rights activists protest octopus farm plans in Spain
NYSE:IBN

ICICI Bank (IBN) Stock Forecast, Price & News

$22.99
-0.08 (-0.35%)
(As of 05/19/2023 08:48 PM ET)
Compare
Today's Range
$22.95
$23.17
50-Day Range
$19.80
$23.08
52-Week Range
$17.07
$23.75
Volume
1.72 million shs
Average Volume
6.10 million shs
Market Capitalization
$80.32 billion
P/E Ratio
20.35
Dividend Yield
0.48%
Price Target
N/A

ICICI Bank MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.46% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
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.

2.12 out of 5 stars

Finance Sector

659th out of 874 stocks

Commercial Banks, Not Elsewhere Classified Industry

25th out of 32 stocks


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

ICICI Bank Ltd
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ICICI Bank Dividend 2023 news
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ICICI Bank Car Loan Interest Rate
ICICI Bank Credit Card Customer Care Number
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IBN Company Calendar

Today
5/21/2023
Next Earnings (Estimated)
7/28/2023
Fiscal Year End
3/31/2024

Industry, Sector and Symbol

Industry
Commercial banks, not elsewhere classified
Sub-Industry
N/A
Sector
Finance
Employees
130,542
Year Founded
1994

Profitability

Net Income
$4.25 billion
Pretax Margin
25.38%

Debt

Sales & Book Value

Annual Sales
$16.08 billion
Cash Flow
$1.29 per share
Book Value
$7.91 per share

Miscellaneous

Outstanding Shares
3,493,530,000
Free Float
N/A
Market Cap
$80.32 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













IBN Stock - 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 twelve months. 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 2023?

ICICI Bank's stock was trading at $21.89 at the beginning of 2023. Since then, IBN shares have increased by 5.0% and is now trading at $22.99.
View the best growth stocks for 2023 here
.

Are investors shorting ICICI Bank?

ICICI Bank saw a decline in short interest in April. As of April 30th, there was short interest totaling 16,150,000 shares, a decline of 6.4% from the April 15th total of 17,250,000 shares. Based on an average trading volume of 5,200,000 shares, the short-interest ratio is presently 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 announced an annual dividend on Wednesday, July 13th. Stockholders of record on Wednesday, August 10th will be given 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
.

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?

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 distributed to shareholders after the closing bell 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 institutional and retail investors. Top institutional shareholders 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 $22.99.

How much money does ICICI Bank make?

ICICI Bank (NYSE:IBN) has a market capitalization of $80.32 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 5/22/2023 by MarketBeat.com Staff

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