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Last Price


Market Cap







19 May, 2022


Company Financials +
ICICIBANK fundamental analysis
Snowflake Score
Future Growth3/6
Past Performance3/6
Financial Health4/6

ICICIBANK Stock Overview

ICICI Bank Limited provides various banking products and financial services in India and internationally.

ICICI Bank Competitors

Price History & Performance

Summary of all time highs, changes and price drops for ICICI Bank
Historical stock prices
Current Share Price₹690.30
52 Week High₹867.00
52 Week Low₹616.25
1 Month Change-9.92%
3 Month Change-7.83%
1 Year Change11.59%
3 Year Change68.02%
5 Year Change139.01%
Change since IPO7,585.53%

Recent News & Updates

Shareholder Returns


Return vs Industry: ICICIBANK exceeded the Indian Banks industry which returned 1% over the past year.

Return vs Market: ICICIBANK exceeded the Indian Market which returned 10.5% over the past year.

Price Volatility

Is ICICIBANK's price volatile compared to industry and market?
ICICIBANK volatility
ICICIBANK Average Weekly Movement4.0%
Banks Industry Average Movement5.8%
Market Average Movement7.2%
10% most volatile stocks in IN Market10.0%
10% least volatile stocks in IN Market4.8%

Stable Share Price: ICICIBANK is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: ICICIBANK's weekly volatility (4%) has been stable over the past year.

About the Company

195598,750Sandeep Bakhshi

ICICI Bank Limited provides various banking products and financial services in India and internationally. It operates through Retail Banking, Wholesale Banking, Treasury, Other Banking, Life insurance, General insurance, and Others segments. The company offers savings, salary, pension, current, and other accounts; and fixed, recurring, and security deposits.

ICICI Bank Fundamentals Summary

How do ICICI Bank's earnings and revenue compare to its market cap?
ICICIBANK fundamental statistics
Market Cap₹4.80t
Earnings (TTM)₹251.10b
Revenue (TTM)₹1.07t


P/E Ratio


P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ICICIBANK income statement (TTM)
Cost of Revenue₹0
Gross Profit₹1.07t
Other Expenses₹822.83b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date


Earnings per share (EPS)36.12
Gross Margin100.00%
Net Profit Margin23.38%
Debt/Equity Ratio85.9%

How did ICICIBANK perform over the long term?

See historical performance and comparison



Current Dividend Yield


Payout Ratio


Is ICICI Bank undervalued compared to its fair value and its price relative to the market?

Valuation Score


Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: ICICIBANK (₹690.3) is trading above our estimate of fair value (₹100.54)

Significantly Below Fair Value: ICICIBANK is trading above our estimate of fair value.

Price To Earnings Ratio

PE vs Industry: ICICIBANK is poor value based on its PE Ratio (19.1x) compared to the Indian Banks industry average (14.3x).

PE vs Market: ICICIBANK is good value based on its PE Ratio (19.1x) compared to the Indian market (20.7x).

Price to Earnings Growth Ratio

PEG Ratio: ICICIBANK is good value based on its PEG Ratio (0.8x)

Price to Book Ratio

PB vs Industry: ICICIBANK is overvalued based on its PB Ratio (2.6x) compared to the IN Banks industry average (1x).

Future Growth

How is ICICI Bank forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

Future Growth Score


Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ICICIBANK's forecast earnings growth (25.1% per year) is above the savings rate (6.7%).

Earnings vs Market: ICICIBANK's earnings (25.1% per year) are forecast to grow faster than the Indian market (17.9% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: ICICIBANK's revenue is expected to decline over the next 3 years (-0.5% per year).

High Growth Revenue: ICICIBANK's revenue is forecast to decline over the next 3 years (-0.5% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: ICICIBANK's Return on Equity is forecast to be low in 3 years time (14.8%).

Past Performance

How has ICICI Bank performed over the past 5 years?

Past Performance Score


Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ICICIBANK has a high level of non-cash earnings.

Growing Profit Margin: ICICIBANK's current net profit margins (23.4%) are higher than last year (19%).

Past Earnings Growth Analysis

Earnings Trend: ICICIBANK's earnings have grown significantly by 27.6% per year over the past 5 years.

Accelerating Growth: ICICIBANK's earnings growth over the past year (36.6%) exceeds its 5-year average (27.6% per year).

Earnings vs Industry: ICICIBANK earnings growth over the past year (36.6%) underperformed the Banks industry 50.7%.

Return on Equity

High ROE: ICICIBANK's Return on Equity (14.1%) is considered low.

Financial Health

How is ICICI Bank's financial position? (This company is analysed differently as a bank or financial institution)

Financial Health Score


Financial Health Score 4/6

  • Asset Level

  • Allowance for Bad Loans

  • Low Risk Liabilities

  • Loan Level

  • Low Risk Deposits

  • Level of Bad Loans

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Financial Institutions Analysis

Asset Level: ICICIBANK's Assets to Equity ratio (9.3x) is low.

Allowance for Bad Loans: Insufficient data to determine if ICICIBANK has a sufficient allowance for bad loans.

Low Risk Liabilities: 70% of ICICIBANK's liabilities are made up of primarily low risk sources of funding.

Loan Level: ICICIBANK has an appropriate level of Loans to Assets ratio (53%).

Low Risk Deposits: ICICIBANK's Loans to Deposits ratio (84%) is appropriate.

Level of Bad Loans: ICICIBANK has a high level of bad loans (3.7%).


What is ICICI Bank current dividend yield, its reliability and sustainability?

Dividend Score


Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: ICICIBANK's dividend (0.72%) is higher than the bottom 25% of dividend payers in the Indian market (0.35%).

High Dividend: ICICIBANK's dividend (0.72%) is low compared to the top 25% of dividend payers in the Indian market (1.57%).

Stability and Growth of Payments

Stable Dividend: ICICIBANK's dividend payments have been volatile in the past 10 years.

Growing Dividend: ICICIBANK's dividend payments have increased over the past 10 years.

Current Payout to Shareholders

Earnings Coverage: With its low payout ratio (13.8%), ICICIBANK's dividend payments are thoroughly covered by earnings.

Future Payout to Shareholders

Future Dividend Coverage: ICICIBANK's dividends in 3 years are forecast to be well covered by earnings (18.2% payout ratio).

Discover strong dividend paying companies


How experienced are the management team and are they aligned to shareholders interests?


Average management tenure


Sandeep Bakhshi (61 yo)





Mr. Sandeep Bakhshi, BE (Mech), PGDM, has been Managing Director and Chief Executive Officer of ICICI Bank Ltd. since October 04, 2018 and has been its Executive Director since June 19, 2018. Mr. Bakhshi s...

CEO Compensation Analysis

Compensation vs Market: Sandeep's total compensation ($USD49.39K) is below average for companies of similar size in the Indian market ($USD1.21M).

Compensation vs Earnings: Sandeep's compensation has been consistent with company performance over the past year.

Leadership Team

Experienced Management: ICICIBANK's management team is considered experienced (3.8 years average tenure).

Board Members

Experienced Board: ICICIBANK's board of directors are considered experienced (3.9 years average tenure).


Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Company Information

ICICI Bank Limited's employee growth, exchange listings and data sources

Key Information

  • Name: ICICI Bank Limited
  • Ticker: ICICIBANK
  • Exchange: NSEI
  • Founded: 1955
  • Industry: Diversified Banks
  • Sector: Banks
  • Implied Market Cap: ₹4.798t
  • Shares outstanding: 6.95b
  • Website:

Number of Employees


  • ICICI Bank Limited
  • ICICI Bank Towers
  • Bandra-Kurla Complex
  • Mumbai
  • Maharashtra
  • 400051
  • India


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/19 00:00
End of Day Share Price2022/05/19 00:00
Annual Earnings2022/03/31

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.