Overall Fundamental outlook

Business Operations:

Sector: Financial Services
Industry: Banks - Regional

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
Revenue projections for ICICIBANK

With ICICIBANK's revenue forecasted to drop below last year's level, investors are expected to take a cautious stance. Such declines typically affect a company's bottom line, reducing profitability and making investors hesitant to invest heavily in the company until financial performance improves.

Financial Ratios:

currentRatio 0.000000
forwardPE 17.170584
debtToEquity 0.000000
earningsGrowth 0.146000
revenueGrowth 0.108000
grossMargins 0.000000
operatingMargins 0.392530
trailingEps 73.500000
forwardEps 37.940000

ICICI Bank Limited's Forward PE is in an attractive range, meaning its stock price aligns well with earnings and isn't inflated. This creates room for growth, making it a solid investment opportunity for those looking to benefit from potential price appreciation.
ICICIBANK's positive earnings and revenue growth signal the company's business is on track for further expansion. These strong financial trends suggest that ICICIBANK will continue to grow its operations, driven by increasing profits and revenue.
ICICIBANK's forward EPS is less than its trailing EPS, signaling that the company's profitability is expected to shrink. This points to a potential downturn in earnings compared to last year.

Price projections:

Price projections for ICICIBANK
Price projections for ICICIBANK

ICICIBANK's price has frequently been situated near the lower end of analysts' projections. This trend indicates that the stock is struggling to meet expectations, which could signal a need for improvements in performance or investor confidence.

Recommendation changes over time:

Recommendations trend for ICICIBANK
Recommendations trend for ICICIBANK


Analysts have shown a buy bias for ICICIBANK, marking it as a favorable investment option. This could inspire investors to see ICICIBANK as a strong place to park their money, given the positive outlook and growth potential associated with the stock in recent evaluations.