Icici Bank Limited Stock Today
| IBN Stock | USD 26.11 0.43 1.67% |
Performance9 of 100
| Odds Of DistressLess than 36
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ICICI Bank is selling at 26.11 as of the 23rd of April 2024; that is 1.67 percent up since the beginning of the trading day. The stock's open price was 25.68. ICICI Bank has about a 36 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for ICICI Bank Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of January 2024 and ending today, the 23rd of April 2024. Click here to learn more.
Business Domain Banks | IPO Date 22nd of September 1999 | Category Financial Services | Classification Financials |
ICICI Bank Limited provides various banking products and services in India and internationally. ICICI Bank Limited was founded in 1955 and is headquartered in Mumbai, India. Icici Bank operates under BanksRegional classification in the United States and is traded on New York Stock Exchange. The company has 3.51 B outstanding shares of which 25.04 M shares are currently shorted by investors with about 4.65 days to cover. More on ICICI Bank Limited
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Follow Valuation Options Odds of Bankruptcy
Financial Report 26th of April 2024
ICICI Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. ICICI Bank's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ICICI Bank or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Chanda Kochhar | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Power Assets (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | iBuyNew Group Limited | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Diversified Banks, Banks - Regional, Financial Services, NYSE Composite, Power Assets, Financials, Banks, Banks—Regional, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering ICICI Bank report their recommendations after researching ICICI Bank's financial statements, talking to executives and customers, or listening in on ICICI Bank's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering ICICI Bank Limited. The ICICI consensus assessment is calculated by taking the average forecast from all of the analysts covering ICICI Bank. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of ICICI Bank's profitability, liquidity, and operating efficiency, ICICI Bank Limited may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of ICICI Bank Limited is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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ICICI Bank's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to ICICI Bank's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand ICICI Bank's financial leverage. It provides some insight into what part of ICICI Bank's total assets is financed by creditors.
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ICICI Bank Limited (IBN) is traded on New York Stock Exchange in USA. It is located in ICICI Bank Towers, Mumbai, India, 400051 and employs 157,799 people. ICICI Bank is listed under Diversified Banks category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 90.18 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ICICI Bank's market, we take the total number of its shares issued and multiply it by ICICI Bank's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. ICICI Bank Limited runs under Banks sector within Financials industry. The entity has 3.51 B outstanding shares of which 25.04 M shares are currently shorted by investors with about 4.65 days to cover.
ICICI Bank Limited has about 1.39 T in cash with 581.11 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 401.43, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check ICICI Bank Probability Of Bankruptcy
Ownership AllocationICICI Bank secures a total of 3.51 Billion outstanding shares. Roughly 80.0 (percent) of ICICI Bank outstanding shares are held by general public with 0.18 % owned by insiders and only 19.65 pct. by outside corporations. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check ICICI Ownership Details
ICICI Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of ICICI Bank jumping above the current price in 90 days from now is about 19.35%. The ICICI Bank Limited probability density function shows the probability of ICICI Bank stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon ICICI Bank has a beta of 0.7778. This usually indicates as returns on the market go up, ICICI Bank average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ICICI Bank Limited will be expected to be much smaller as well. Additionally, iCICI Bank Limited has an alpha of 0.0966, implying that it can generate a 0.0966 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of ICICI Bank to move above the current price in 90 days from now is about 19.35 (This ICICI Bank Limited probability density function shows the probability of ICICI Stock to fall within a particular range of prices over 90 days) .
ICICI Stock Institutional Holders
Institutional Holdings refers to the ownership stake in ICICI Bank that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of ICICI Bank's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing ICICI Bank's value.| Instituion | Recorded On | Shares | |
| Robeco Institutional Asset Management Bv | 2023-12-31 | 12.8 M | |
| Egerton Capital Llp | 2023-12-31 | 12.3 M | |
| Lone Pine Capital Llc | 2023-12-31 | 12 M | |
| Dimensional Fund Advisors, Inc. | 2023-12-31 | 11.8 M | |
| Principal Financial Group Inc | 2023-12-31 | 11.2 M | |
| Jpmorgan Chase & Co | 2023-12-31 | 11.2 M | |
| Lazard Asset Management Llc | 2023-12-31 | 10.4 M | |
| T. Rowe Price Associates, Inc. | 2023-12-31 | 9.2 M | |
| Ameriprise Financial Inc | 2023-12-31 | 9.1 M | |
| Wcm Investment Management | 2023-12-31 | 65.1 M | |
| Gqg Partners Llc | 2023-12-31 | 58.1 M |
ICICI Bank Historical Income Statement
ICICI Bank Limited Income Statement is one of the three primary financial statements used for reporting ICICI's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of ICICI Bank Limited revenue and expense. ICICI Bank Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, ICICI Bank's Income Before Tax is very stable compared to the past year. As of the 23rd of April 2024, Net Income Applicable To Common Shares is likely to grow to about 411 B, while Depreciation And Amortization is likely to drop about 8.7 B. View More FundamentalsICICI Stock Against Markets
Picking the right benchmark for ICICI Bank stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in ICICI Bank stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for ICICI Bank is critical whether you are bullish or bearish towards ICICI Bank Limited at a given time. Please also check how ICICI Bank's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in ICICI Bank without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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ICICI Bank Corporate Directors
ICICI Bank corporate directors refer to members of an ICICI Bank board of directors. The board of directors generally takes responsibility for the ICICI Bank's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of ICICI Bank's board members must vote for the resolution. The ICICI Bank board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Dileep Choksi | Non-Executive Director | Profile | |
| Alok Tandon | Government Nominee Director | Profile | |
| Subramanian Madhavan | Non-Executive Independent Director | Profile | |
| Venkatesan Sridar | Non-Executive Independent Director | Profile |
How to buy ICICI Stock?
Before investing in ICICI Bank, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in ICICI Bank. To buy ICICI Bank stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of ICICI Bank. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase ICICI Bank stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located ICICI Bank Limited stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased ICICI Bank Limited stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as ICICI Bank Limited, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy ICICI Stock please use our How to Invest in ICICI Bank guide.
Already Invested in ICICI Bank Limited?
The danger of trading ICICI Bank Limited is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of ICICI Bank is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than ICICI Bank. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ICICI Bank Limited is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether ICICI Bank Limited offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ICICI Bank's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Icici Bank Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Icici Bank Limited Stock: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ICICI Bank Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the ICICI Bank Limited information on this page should be used as a complementary analysis to other ICICI Bank's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for ICICI Stock analysis
When running ICICI Bank's price analysis, check to measure ICICI Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ICICI Bank is operating at the current time. Most of ICICI Bank's value examination focuses on studying past and present price action to predict the probability of ICICI Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ICICI Bank's price. Additionally, you may evaluate how the addition of ICICI Bank to your portfolios can decrease your overall portfolio volatility.
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Is ICICI Bank's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ICICI Bank. If investors know ICICI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ICICI Bank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.253 | Earnings Share 1.42 | Revenue Per Share 394.798 | Quarterly Revenue Growth 0.204 | Return On Assets 0.0216 |
The market value of ICICI Bank Limited is measured differently than its book value, which is the value of ICICI that is recorded on the company's balance sheet. Investors also form their own opinion of ICICI Bank's value that differs from its market value or its book value, called intrinsic value, which is ICICI Bank's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ICICI Bank's market value can be influenced by many factors that don't directly affect ICICI Bank's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ICICI Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if ICICI Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ICICI Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.