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

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 17.478617
debtToEquity 0.000000
earningsGrowth 0.161000
revenueGrowth 0.820000
grossMargins 0.000000
operatingMargins 0.342760
trailingEps 71.170000
forwardEps 37.940000

ICICI Bank Limited's Forward PE being in a reasonable range suggests the stock is fairly priced based on its earnings. The stock isn't overpriced, leaving room for growth, making it an attractive investment for those seeking opportunities for future value appreciation.
Positive earnings and revenue growth for ICICI Bank Limited suggest that the company is positioned for business expansion. The company's strong financial performance indicates sustained growth, as increasing sales and profits fuel its future success.
ICICIBANK's lower forward EPS compared to trailing EPS suggests the company will likely experience reduced earnings in the current year. This may signal a less optimistic financial outlook.

Price projections:

Price projections for ICICIBANK
Price projections for ICICIBANK

Price projections for ICICI Bank Limited have consistently been revised upward, indicating positive sentiment toward the company. This gradual adjustment reflects growing confidence in ICICI Bank Limited's future potential and financial outlook among analysts.

Recommendation changes over time:

Recommendations trend for ICICIBANK
Recommendations trend for ICICIBANK


The recent buy bias from analysts suggests ICICIBANK is seen as a strong investment, encouraging more investors to consider it. With this favorable sentiment, ICICIBANK appears to be a reliable option for parking money, offering stability and long-term growth potential in the stock market.