ICICI Bank Limited logo

ICICI Bank Limited

IBN

NYSEFinancial ServicesBanks - Regional

Previous close

$29.91

+$0.24 · +0.81%

Aug 21, 4:00 PM ET

IBN company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

37

Expensive

Momentum

49

Neutral

Sentiment

59

Mixed

Risk resilience

79

Moderate Risk

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Company profile

Company website

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.

Industry
Banks - Regional
Sector
Financial Services
Headquarters
IN
CEO
Sandeep Bakhshi
Listed since
Mar 28, 2000
Employees
124,324

Market position

Day range

Current $29.91

52-week range

Current $29.91

Open
$30.01
Previous close
$29.67
Volume
3.07M
0.44× average
Average volume
6.97M
Average daily volume
Market cap
106.97B USD
Beta
0.24
Market reference 1
50-day average
$29.381
+1.80% above average
200-day average
$28.9043
+3.48% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
8.2T INR
P/E (TTM)
18.15×
P/B (TTM)
2.68×
P/S (TTM)
3.41×
EV / EBITDA
10.19×
Earnings yield
6.27%
Free cash flow yield
7.36%
Dividend yield
0.84%

Profitability & efficiency

Gross margin
68.53%
Operating margin
26.46%
Net margin
18.76%
Return on equity
14.93%
Return on assets
1.86%
Return on invested capital
5.34%

Financial health

Debt / equity
0.59×
Current ratio
0.14×
Altman Z-score
-0.25
Piotroski F-score
2 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends75%54%32%11%Gross margin, FY2022: 62.80%Gross margin, FY2023: 69.64%Gross margin, FY2024: 68.10%Gross margin, FY2025: 68.11%Gross margin, FY2026: 69.67%Operating margin, FY2022: 16.85%Operating margin, FY2023: 25.58%Operating margin, FY2024: 26.14%Operating margin, FY2025: 24.78%Operating margin, FY2026: 24.77%Net margin, FY2022: 15.94%Net margin, FY2023: 18.42%Net margin, FY2024: 18.81%Net margin, FY2025: 17.32%Net margin, FY2026: 17.37%FY2022FY2023FY2024FY2025FY2026
Gross margin FY2022 62.80%. Gross margin FY2023 69.64%. Gross margin FY2024 68.10%. Gross margin FY2025 68.11%. Gross margin FY2026 69.67%. Operating margin FY2022 16.85%. Operating margin FY2023 25.58%. Operating margin FY2024 26.14%. Operating margin FY2025 24.78%. Operating margin FY2026 24.77%. Net margin FY2022 15.94%. Net margin FY2023 18.42%. Net margin FY2024 18.81%. Net margin FY2025 17.32%. Net margin FY2026 17.37%.

Income trends

Revenue

3.12T INR+5.95%

Operating income

773.2B INR+5.91%

Net income

542.08B INR+6.23%
Income trends across reported periods3.41T INR2.26T INR1.11T INR−35.91B INRRevenue, FY2022: 1.58T INRRevenue, FY2023: 1.85T INRRevenue, FY2024: 2.35T INRRevenue, FY2025: 2.95T INRRevenue, FY2026: 3.12T INROperating income, FY2022: 265.38B INROperating income, FY2023: 472.55B INROperating income, FY2024: 615.08B INROperating income, FY2025: 730.04B INROperating income, FY2026: 773.2B INRNet income, FY2022: 251.1B INRNet income, FY2023: 340.37B INRNet income, FY2024: 442.56B INRNet income, FY2025: 510.29B INRNet income, FY2026: 542.08B INRFY2022FY2023FY2024FY2025FY2026
Revenue FY2022 1.58T INR. Revenue FY2023 1.85T INR. Revenue FY2024 2.35T INR. Revenue FY2025 2.95T INR. Revenue FY2026 3.12T INR. Operating income FY2022 265.38B INR. Operating income FY2023 472.55B INR. Operating income FY2024 615.08B INR. Operating income FY2025 730.04B INR. Operating income FY2026 773.2B INR. Net income FY2022 251.1B INR. Net income FY2023 340.37B INR. Net income FY2024 442.56B INR. Net income FY2025 510.29B INR. Net income FY2026 542.08B INR.
Metric (INR)FY2026FY2025FY2024FY2023FY2022
Revenue3.12T INR2.95T INR2.35T INR1.85T INR1.58T INR
Cost of goods sold946.67B INR939.33B INR750.72B INR560.92B INR586.01B INR
Gross profit2.17T INR2.01T INR1.6T INR1.29T INR989.3B INR
Selling, general, and administrative1.07T INR236.3B INR370.33B INR301.95B INR258.7B INR
Operating expenses1.4T INR1.28T INR987.38B INR813.86B INR723.92B INR
Interest income1.95T INR1.86T INR1.6T INR1.21T INR954.07B INR
Interest expense890.29B INR890.27B INR741.08B INR505.43B INR411.67B INR
Depreciation and amortization31.23B INR26.9B INR19.96B INR16.35B INR14.7B INR
Operating income773.2B INR730.04B INR615.08B INR472.55B INR265.38B INR
Net income542.08B INR510.29B INR442.56B INR340.37B INR251.1B INR

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
91%
10 beats, 1 miss, 0 met estimates
Average EPS surprise
+9.55%
11 comparable reports
Latest EPS result
0.43
Estimate 0.4 · Beat by 7.50%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.470.420.360.31Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 25, 2025: actual 0.39, estimate 0.35, surprise +11.43%, Beat. Q2 2025, reported Apr 19, 2025: actual 0.41, estimate 0.37, surprise +10.81%, Beat. Q3 2025, reported Jul 19, 2025: actual 0.43, estimate 0.4, surprise +7.50%, Beat. Q4 2025, reported Oct 18, 2025: actual 0.39, estimate 0.37, surprise +5.41%, Beat. Q1 2026, reported Jan 17, 2026: actual 0.35, estimate 0.38, surprise -7.89%, Miss. Q2 2026, reported Apr 18, 2026: actual 0.41, estimate 0.39, surprise +5.13%, Beat. Q3 2026, reported Jul 18, 2026: actual 0.43, estimate 0.4, surprise +7.50%, Beat. Q4 2026, reported Oct 16, 2026: actual —, estimate 0.4, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates9.81B7.45B5.1B2.74BQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26MissQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 25, 2025: actual 8.72B USD, estimate 3.26B USD, surprise +167.71%, Beat. Q2 2025, reported Apr 19, 2025: actual 9.32B USD, estimate 3.28B USD, surprise +183.88%, Beat. Q3 2025, reported Jul 19, 2025: actual 8.71B USD, estimate 3.38B USD, surprise +157.65%, Beat. Q4 2025, reported Oct 18, 2025: actual 8.58B USD, estimate 3.41B USD, surprise +151.56%, Beat. Q1 2026, reported Jan 17, 2026: actual 3.22B USD, estimate 3.34B USD, surprise -3.45%, Miss. Q2 2026, reported Apr 18, 2026: actual 3.25B USD, estimate 3.29B USD, surprise -1.16%, Miss. Q3 2026, reported Jul 18, 2026: actual 3.42B USD, estimate 3.32B USD, surprise +2.99%, Beat. Q4 2026, reported Oct 16, 2026: actual —, estimate 3.49B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

6 ratings
Strong buy00%
Buy6100%
Hold00%
Sell00%
Strong sell00%

IBN news

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$0.2491

2025 complete year+363.8% since 2021

2026 partial: $0.2492

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Aug 3, 2026

$0.2492

Annual

Record Aug 3, 2026

Dividend

Ex-dividend Aug 12, 2025

$0.2491

Annual

Record Aug 12, 2025 · Payment Sep 8, 2025

Dividend

Ex-dividend Aug 12, 2024

$0.2378

Annual

Record Aug 12, 2024 · Payment Sep 6, 2024

Dividend

Ex-dividend Aug 8, 2023

$0.1932

Annual

Record Aug 9, 2023 · Payment Sep 8, 2023

Dividend

Ex-dividend Aug 9, 2022

$0.112

Annual

Record Aug 10, 2022 · Payment Sep 7, 2022

Dividend

Ex-dividend Jul 28, 2021

$0.048

Annual

Record Jul 29, 2021 · Payment Sep 3, 2021

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