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ICICI Bank (IBN) Stock Price, News & Analysis

+0.64 (+2.43%)
(As of 06/18/2024 ET)
Today's Range
50-Day Range
52-Week Range
7.49 million shs
Average Volume
5.62 million shs
Market Capitalization
$94.90 billion
P/E Ratio
Dividend Yield
Price Target

ICICI Bank MarketRank™ Stock Analysis

Analyst Rating
Short Interest
0.89% of Shares Sold Short
Dividend Strength
Based on Four Factors
News Sentiment
0.42mentions of ICICI Bank in the last 14 days
Based on 4 Articles This Week
Insider Trading
Proj. Earnings Growth
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.

0.77 out of 5 stars

Finance Sector

806th out of 872 stocks

Commercial Banks, Not Elsewhere Classified Industry

28th out of 28 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

[Urgent] Protect your money before November
Those who listened to his warnings could have kept their money safe and even made substantial profits during each crisis. In fact, the Wall Street Journal reported that his work was more accurate … and more profitable than that of … Deutsche Bank … Merrill Lynch … JPMorgan Chase … Goldman Sachs … and every other firm reviewed.
[Urgent] Protect your money before November
Those who listened to his warnings could have kept their money safe and even made substantial profits during each crisis. In fact, the Wall Street Journal reported that his work was more accurate … and more profitable than that of … Deutsche Bank … Merrill Lynch … JPMorgan Chase … Goldman Sachs … and every other firm reviewed.
See More Headlines
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Company Calendar

Last Earnings
Next Earnings (Estimated)
Fiscal Year End

Industry, Sector and Symbol

Commercial banks, not elsewhere classified
Year Founded


Net Income
$5.36 billion
Pretax Margin


Sales & Book Value

Annual Sales
$20.04 billion
Cash Flow
$1.57 per share
Book Value
$9.30 per share


Outstanding Shares
Free Float
Market Cap
$94.90 billion

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Key Executives

Should I Buy ICICI Bank Stock? IBN Pros and Cons Explained


Here are some ways that investors could benefit from investing in ICICI Bank Limited:

  • ICICI Bank Limited provides various banking products and services in India and internationally, offering a diverse range of financial solutions.
  • The company operates through different segments, including Retail Banking, Wholesale Banking, Treasury, and Life Insurance, providing a well-rounded portfolio for investors.
  • Recent developments in the company's offerings have shown positive growth and expansion, indicating a strong potential for future returns.
  • ICICI Bank Limited has a strong presence in the Indian market, which is one of the fastest-growing economies globally, offering significant growth opportunities.
  • Investors can benefit from the current stock price of ICICI Bank Limited, which reflects the company's performance and potential for growth in the market.


Investors should be bearish about investing in ICICI Bank Limited for these reasons:

  • While the company offers a diverse range of services, it also faces competition from other financial institutions in the market, which could impact its market share and profitability.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, June 5, 2024. Please send any questions or comments about these ICICI Bank pros and cons to

IBN Stock Analysis - Frequently Asked Questions

How have IBN shares performed in 2024?

ICICI Bank's stock was trading at $23.84 at the beginning of the year. Since then, IBN shares have increased by 13.2% and is now trading at $26.99.
View the best growth stocks for 2024 here

Are investors shorting ICICI Bank?

ICICI Bank saw a increase in short interest in the month of May. As of May 31st, there was short interest totaling 31,270,000 shares, an increase of 7.6% from the May 15th total of 29,050,000 shares. Based on an average trading volume of 4,630,000 shares, the short-interest ratio is currently 6.8 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 26th 2024.
View our IBN earnings forecast

How were ICICI Bank's earnings last quarter?

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

Is ICICI Bank a good dividend stock?

ICICI Bank (NYSE:IBN) pays an annual dividend of $0.17 per share and currently has a dividend yield of 0.66%. The dividend payout ratio is 12.23%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IBN will have a dividend payout ratio of 9.83% 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 minted shares were distributed 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 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).

Who are ICICI Bank's major shareholders?

ICICI Bank's stock is owned by many different retail and institutional investors. Top institutional investors include WCM Investment Management LLC (1.82%), GQG Partners LLC (1.35%), Capital International Investors (0.59%), Principal Financial Group Inc. (0.29%), Price T Rowe Associates Inc. MD (0.25%) and Lazard Asset Management LLC (0.22%).

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.

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.
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This page (NYSE:IBN) was last updated on 6/19/2024 by Staff

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