ICICI Bank Limited (IBN) Stock

About ICICI Bank Limited

ICICI Bank Limited, a prominent financial institution with its various subsidiaries, delivers a comprehensive suite of banking and financial solutions. These services cater to both individual consumers (retail) and corporate entities, spanning operations across India and global markets. Its business activities are organized into distinct segments: Retail Banking, Wholesale Banking, Treasury operations, other banking functions, Life Insurance, and additional miscellaneous areas. The bank facilitates a wide array of deposit options, accommodating diverse account types such as savings, salary, pension, current, trade, escrow, foreign currency, and vostro accounts. Furthermore, it offers various deposit schemes, including time, fixed, recurring, and security deposits. ICICI Bank extends a broad spectrum of credit facilities. For individuals, these encompass financing for homes, automobiles, two-wheelers, personal needs, and gold, alongside commercial business loans and loans secured against various assets. Businesses benefit from offerings such as working capital finance, term loans, collateral-free credit, loans for entities without traditional financial records, import/export financing, and overdraft facilities. Additionally, the bank supports new businesses and provides loans based on card swipe transactions. Its card portfolio encompasses credit, debit, prepaid, travel, forex, and corporate cards. Digital solutions include the Pockets wallet. The bank also deals in fixed income instruments and a variety of investment products, such as mutual funds, gold monetization schemes, initial public offerings (IPOs), and other online investment platforms. Specific services target the agricultural and rural sectors, offering agri-business support, farmer finance, tractor loans, and micro-banking solutions. Beyond these, the institution delivers portfolio management, trade finance, foreign exchange services, locker facilities, specialized private and NRI (Non-Resident Indian) banking, and efficient cash management. It also supports family wealth management and dematerialized (Demat) accounts. For larger clients, it extends commercial and investment banking, capital market services, custodial services, and institutional banking. The bank facilitates access to various insurance products, including health, personal accident, fire, and motor insurance, and acts as a distributor for both general and life insurance policies. Customers can conveniently access banking services through internet, mobile, and phone channels. Through its various arms, ICICI Bank provides securities investment, broking, trading, and underwriting services. Its extensive offerings also cover merchant banking, trusteeship, housing finance, pension fund management, asset management, investment advisory, managing points of presence, and private equity/venture capital fund management. Established in 1955, the bank's headquarters are situated in Mumbai, India.

ICICI Bank Limited is led by CEO Sandeep Bakhshi, employs 187,765 people, headquartered in Mumbai, IN, publicly traded since 2000.

ICICI Bank Limited (IBN) stock trades at $29.76 with a market capitalization of $106.43B. The stock is valued at a price-to-earnings (P/E) ratio of 17.81, price-to-book of 2.62, price-to-sales of 3.06. Over the past 52 weeks the stock has ranged between $25.08 and $34.57, and currently trades 13.9% below its 52-week high. It pays a dividend yielding 0.83%.

On profitability, ICICI Bank Limited generates a return on equity (ROE) of 16.36%, above the typical market average, return on capital employed of 20.37%, an operating margin of 24.77%, a net profit margin of 17.36%.

In its most recent fiscal year, ICICI Bank Limited reported annual revenue of $3.12T, net profit of $542.1B, revenue has compounded at 14.1% a year over the last five years, profit at 24.1% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 0.61, a current ratio of 0.14, total assets of $29.14T, $2.65T in cash and equivalents.

IBN has an average daily trading volume of 7,342,624 shares, a beta of 0.25 (less volatile than the overall market).

Official website: www.icici.bank.in