More about ICICI Bank Limited
Fundamentals for ICICI Bank Limited
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Fundamentals for ICICI Bank Limited
Business Operations:
Sector: Financial ServicesIndustry: 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:
The projected decline in ICICI Bank Limited's revenues compared to last year is expected to make investors cautious. A drop in revenue often has a direct negative effect on the company's bottom line, signaling potential challenges that could undermine investor confidence and reduce overall profitability.
Financial Ratios:
| currentRatio | 0.000000 |
|---|---|
| forwardPE | 17.555092 |
| debtToEquity | 0.000000 |
| earningsGrowth | -0.037000 |
| revenueGrowth | 0.030000 |
| grossMargins | 0.000000 |
| operatingMargins | 0.339720 |
| trailingEps | 73.210000 |
| forwardEps | 79.435640 |
ICICIBANK's Forward PE is well-positioned, indicating the stock price is favorable compared to its earnings. This suggests the stock is not overpriced and offers room for growth, making it an attractive option for investors looking for future value appreciation.
With both earnings and revenue growth in low territory, ICICIBANK is likely to see shrinking profits. This signals a possible downturn in the company's financial health and may raise concerns about its future profitability.
ICICIBANK's negative gross and operating margins suggest the company is not generating profit from either its production process or day-to-day operations. This could signal cost overruns or difficulties in maintaining revenue levels.
ICICIBANK's forward EPS exceeding its trailing EPS means the company is expected to be more profitable this year than last. This suggests an upward trend in earnings, with forecasts indicating that ICICIBANK's financial performance will improve in the current financial year.
Price projections:
Over time, price projections for ICICIBANK have gradually risen, signaling growing optimism about the company's future. This upward revision reflects increasing confidence in ICICIBANK's ability to achieve strong financial results.
Recommendation changes over time:
Analysts' buy bias for ICICIBANK signals that the stock is considered a favorable investment. This outlook might prompt investors to allocate funds to ICICIBANK, seeing it as a solid and profitable choice to park their money and potentially benefit from the company's long-term growth.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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