ICICI Bank Limited, together with its subsidiaries, engages in the provision of various banking and financial services to retail and corporate customers in India and internationally. The company operates through Retail Banking, Wholesale Banking, Treasury, Other Banking, Life Insurance, and Others segments. It accepts savings, salary, pension, current, trade, escrow, foreign currency, and vostro accounts, as well as time, fixed, recurring, and security deposits services. The company also provides home, car, two-wheeler, personal, gold, and commercial business loans, as well as loans against securities and other loans; business loans, including working capital finance, term loans, collateral free loans, loans without financials, finance for importers and exporters, and overdraft facilities, as well as loans for new entities and card swipes; and credit, debit, prepaid, travel, forex, and corporate cards. In addition, it offers pockets wallet; fixed income products; investment products, such as mutual funds, gold monetization schemes, initial public offerings, and other online investment services; and agri and rural business, farmer finance, tractor loans, and micro banking services. Further, the company provides portfolio management, trade, foreign exchange, locker, private and NRI banking, and cash management services; family wealth and demat accounts; commercial and investment banking, capital market, custodial, and institutional banking services; health, personal accident, fire, and motor insurance, as well as distributes general and life insurance products; and Internet, mobile, and phone banking services. Additionally, it offers securities investment, broking, trading, and underwriting services; and merchant banking, trusteeship, housing finance, pension fund management, asset management, investment advisory, points of presence, and private equity/venture capital fund management services. The company was founded in 1955 and is headquartered in Mumbai, India.
Revenue projections:
Revenue projections for ICICIBANK Revenues for ICICIBANK are forecasted to decline from last year's levels, prompting caution among investors. When revenues fall, it can have a significant negative impact on the company's bottom line, reducing profitability and making the stock less attractive to risk-averse investors.
Financial Ratios:
currentRatio
0.000000
forwardPE
17.686874
debtToEquity
0.000000
earningsGrowth
0.161000
revenueGrowth
0.820000
grossMargins
0.000000
operatingMargins
0.342760
trailingEps
71.130000
forwardEps
37.940000
ICICIBANK's Forward PE is in a favorable range, suggesting the stock is reasonably priced relative to its earnings. This indicates the stock is not overpriced, providing room for potential growth and making it an attractive option for investors looking for solid value and future upside. With earnings and revenue growth in positive territory, ICICIBANK is projected to expand its business. This strong financial performance suggests the company will continue to grow, as increased profitability and sales drive future success. ICICIBANK's forward EPS being lower than trailing EPS indicates reduced profitability in the upcoming year. This points to a potential decline in earnings, which could impact the company's financial strength.
Price projections:
Price projections for ICICIBANK Over time, price projections for ICICIBANK have gradually increased, reflecting rising confidence in the company's future performance. This upward trend suggests analysts expect ICICIBANK to continue on a positive growth trajectory.
Recommendation changes over time:
Recommendations trend for ICICIBANK
The recent buy bias for ICICIBANK from analysts signals strong confidence in the stock's potential. This positive sentiment could encourage investors to see ICICIBANK as a smart place to invest their money, especially those looking for stable, long-term returns in a well-established company.
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