ICICI Bank Limited (IBN) fundamental analysis — strengths, weaknesses & financial health based on data analysis
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
ICICI Bank Limited (IBN) stock price & volume — 10-year historical chart
ICICI Bank Limited (IBN) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
ICICI Bank Limited (IBN) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 18, 2026 | $0.41vs $0.39+5.1% | $3.3Bvs $3.3B-0.5% |
| Q1 2026 | Jan 17, 2026 | $0.35vs $0.38-7.9% | $3.2Bvs $3.3B-3.5% |
| Q4 2025 | Oct 18, 2025 | $0.39vs $0.37+5.4% | $8.6Bvs $3.4B+151.6% |
| Q3 2025 | Jul 21, 2025 | $0.44 | $8.7B |
ICICI Bank Limited (IBN) competitors in Non-US regional and universal banks — business model, growth, and fundamentals comparison
ICICI Bank Limited (IBN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
ICICI Bank Limited (IBN) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Interest Income | 261.04B | 279B | 328.04B | 401.7B | 465.04B | 542.4B | 705.23B | 854.08B | 973.03B | 998.33B |
| NII Growth % | 3.19% | 6.88% | 17.58% | 22.45% | 15.77% | 16.64% | 30.02% | 21.11% | 13.93% | 53.35% |
| Net Interest Margin % | 2.65% | 2.48% | 2.65% | 2.92% | 2.95% | 3.09% | 3.6% | 3.61% | 3.68% | 3.74% |
| Interest Income | 609.4B | 621.62B | 719.82B | 848.36B | 891.63B | 954.07B | 1.21T | 1.6T | 1.86T | 1.91T |
| Interest Expense | 348.36B | 342.62B | 391.78B | 446.66B | 426.59B | 411.67B | 505.43B | 741.08B | 890.27B | 909.95B |
| Loan Loss Provision | 190.51B | 198.52B | 221.81B | 223.77B | 220.42B | 174.34B | 55.48B | 9.64B | 49.06B | 54.12B |
| Non-Interest Income | 524.59B | 568.04B | 593.27B | 647.75B | 720.36B | 621.24B | 636.66B | 758.02B | 1.08T | 1.11T |
| Non-Interest Income % | 46.26% | 47.75% | 45.18% | 43.3% | 44.69% | 39.44% | 34.46% | 32.21% | 36.75% | 36.79% |
| Total Revenue | 1.13T▲ 0% | 1.19T▲ 4.9% | 1.31T▲ 10.4% | 1.5T▲ 13.9% | 1.61T▲ 7.7% | 1.58T▼ 2.3% | 1.85T▲ 17.3% | 2.35T▲ 27.4% | 2.95T▲ 25.2% | 3.02T▲ 0% |
| Revenue Growth % | 11.87% | 4.91% | 10.37% | 13.94% | 7.75% | -2.28% | 17.27% | 27.38% | 25.19% | 83.63% |
| Non-Interest Expense | 481.71B | 557.53B | 642.61B | 713.43B | 761.34B | 723.92B | 813.86B | 987.38B | 1.28T | 1.3T |
| Efficiency Ratio | 42.48% | 46.86% | 48.94% | 47.69% | 47.23% | 45.95% | 44.06% | 41.96% | 43.38% | 43.03% |
| Operating Income | 113.4B▲ 0% | 91B▼ 19.8% | 56.89B▼ 37.5% | 112.25B▲ 97.3% | 203.64B▲ 81.4% | 265.38B▲ 30.3% | 472.55B▲ 78.1% | 615.08B▲ 30.2% | 730.04B▲ 18.7% | 755.92B▲ 0% |
| Operating Margin % | 10% | 7.65% | 4.33% | 7.5% | 12.63% | 16.85% | 25.58% | 26.14% | 24.78% | 25.04% |
| Operating Income Growth % | 3.78% | -19.76% | -37.48% | 97.31% | 81.41% | 30.32% | 78.06% | 30.16% | 18.69% | - |
| Pretax Income | 113.4B▲ 0% | 91B▼ 19.8% | 56.89B▼ 37.5% | 112.25B▲ 97.3% | 203.64B▲ 81.4% | 265.38B▲ 30.3% | 472.55B▲ 78.1% | 615.08B▲ 30.2% | 730.04B▲ 18.7% | 757.43B▲ 0% |
| Pretax Margin % | 10% | 7.65% | 4.33% | 7.5% | 12.63% | 16.85% | 25.58% | 26.14% | 24.78% | 25.09% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 117.93B | 154.28B | 184.35B | 191.8B |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 24.96% | 25.08% | 25.25% | 25.32% |
| Net Income | 101.88B▲ 0% | 77.12B▼ 24.3% | 42.54B▼ 44.8% | 95.66B▲ 124.9% | 183.84B▲ 92.2% | 251.1B▲ 36.6% | 340.37B▲ 35.5% | 442.56B▲ 30.0% | 510.29B▲ 15.3% | 528.91B▲ 0% |
| Net Margin % | 8.98% | 6.48% | 3.24% | 6.39% | 11.4% | 15.94% | 18.42% | 18.81% | 17.32% | 17.52% |
| Net Income Growth % | 0.08% | -24.3% | -44.84% | 124.87% | 92.18% | 36.58% | 35.55% | 30.03% | 15.3% | 16.72% |
| Net Income (Continuing) | 113.4B | 91B | 56.89B | 112.25B | 203.64B | 265.38B | 354.61B | 460.81B | 545.69B | 565.63B |
| EPS (Diluted) | 31.70▲ 0% | 23.78▼ 25.0% | 12.62▼ 46.9% | 29.10▲ 130.6% | 53.74▲ 84.7% | 70.98▲ 32.1% | 95.82▲ 35.0% | 124.10▲ 29.5% | 142.28▲ 14.6% | 145.98▲ 0% |
| EPS Growth % | 0.13% | -24.98% | -46.93% | 130.59% | 84.67% | 32.08% | 35% | 29.51% | 14.65% | 16.08% |
| EPS (Basic) | 31.84 | 24.04 | 12.62 | 29.62 | 54.52 | 72.42 | 97.72 | 126.38 | 144.82 | - |
| Diluted Shares Outstanding | 3.37B | 3.37B | 3.37B | 3.37B | 3.42B | 3.54B | 3.55B | 3.57B | 3.59B | 3.62B |
ICICI Bank Limited (IBN) balance sheet — assets, liabilities & shareholders' equity
| Line item | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 1.06T | 1.18T | 1.18T | 1.6T | 1.82T | 2.14T | 1.64T | 1.9T | 2.38T | 7.72T |
| Cash & Due from Banks | 1.06T | 1.18T | 1.18T | 1.6T | 1.82T | 2.14T | 1.64T | 1.9T | 2.38T | 1.97T |
| Short Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Investments | 8.01T | 9.11T | 10.09T | 11.04T | 12.94T | 12.99T | 15.47T | 18.9T | 21.16T | 23.51T |
| Investments Growth % | 4.35% | 13.82% | 10.78% | 9.42% | 17.17% | 0.36% | 19.14% | 22.14% | 11.94% | 51.78% |
| Long-Term Investments | 8.01T | 9.11T | 10.09T | 11.04T | 12.94T | 12.99T | 15.47T | 18.9T | 21.16T | 89.49T |
| Accounts Receivables | 72.63B | 89.3B | 98.04B | 111.77B | 110.63B | 108.39B | 151.1B | 208.55B | 238.38B | 0 |
| Goodwill & Intangibles | 0 | 0 | 0 | 0 | 1.08B | 1.01B | 1.01B | 24.74B | 84.59B | 84.59B |
| Goodwill | 0 | 0 | 0 | 0 | 1.08B | 1.01B | 1.01B | 24.74B | 84.59B | 84.59B |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PP&E (Net) | 93.38B | 94.65B | 96.6B | 104.09B | 108.09B | 106.05B | 109.69B | 132.4B | 158.12B | 161.67B |
| Other Assets | 287.88B | 324.5B | 334.48B | 297.05B | 272B | 1.59T | 1.61T | 1.89T | 1.87T | 957.11B |
| Total Current Assets | 1.35T | 1.57T | 1.65T | 2.17T | 2.27T | 2.73T | 2.29T | 2.62T | 3.1T | 1.97T |
| Total Non-Current Assets | 8.51T | 9.68T | 10.74T | 11.61T | 13.47T | 14.8T | 17.29T | 21.02T | 23.33T | 24.72T |
| Total Assets | 9.86T▲ 0% | 11.24T▲ 14.1% | 12.39T▲ 10.2% | 13.77T▲ 11.2% | 15.74T▲ 14.3% | 17.53T▲ 11.4% | 19.58T▲ 11.7% | 23.64T▲ 20.7% | 26.42T▲ 11.8% | 26.69T▲ 0% |
| Asset Growth % | 7.29% | 14.06% | 10.19% | 11.18% | 14.27% | 11.36% | 11.75% | 20.71% | 11.77% | 55.7% |
| Return on Assets (ROA) | 1.07% | 0.73% | 0.36% | 0.73% | 1.25% | 1.51% | 1.83% | 2.05% | 2.04% | 1.98% |
| Accounts Payable | 35.01B | 35.9B | 36.65B | 30.71B | 24.83B | 27.52B | 33.39B | 38.99B | 42.15B | 0 |
| Total Debt | 1.86T | 2.15T | 2.03T | 1.99T | 1.4T | 1.59T | 1.84T | 2.01T | 2.04T | 2.15T |
| Net Debt | 802.03B | 972.7B | 842.51B | 397.46B | -412.7B | -550.53B | 199.42B | 108.69B | -346.55B | 183.28B |
| Long-Term Debt | 1.85T | 2.14T | 2.01T | 1.96T | 1.36T | 1.49T | 1.74T | 1.84T | 1.81T | 2.15T |
| Short-Term Debt | 12.07B | 12.9B | 19.1B | 32.37B | 42.19B | 90.35B | 98.02B | 172.96B | 226.22B | 0 |
| Other Liabilities | 1.74T | 2.03T | 2.29T | 2.42T | 3T | 3.09T | 3.36T | 4.42T | 4.6T | 4.67T |
| Total Current Liabilities | 5.18T | 5.91T | 6.88T | 8.1T | 9.7T | 11.06T | 12.28T | 14.69T | 16.73T | 16.41T |
| Total Non-Current Liabilities | 3.59T | 4.17T | 4.3T | 4.38T | 4.36T | 4.58T | 5.1T | 6.25T | 6.41T | 6.82T |
| Total Liabilities | 8.76T | 10.08T | 11.18T | 12.48T | 14.07T | 15.65T | 17.37T | 20.94T | 23.13T | 23.23T |
| Total Equity | 1.09T▲ 0% | 1.17T▲ 6.5% | 1.21T▲ 3.6% | 1.3T▲ 7.4% | 1.67T▲ 28.8% | 1.88T▲ 12.5% | 2.21T▲ 17.6% | 2.7T▲ 22.1% | 3.29T▲ 21.7% | 3.45T▲ 0% |
| Equity Growth % | 12.34% | 6.52% | 3.6% | 7.38% | 28.84% | 12.48% | 17.63% | 22.08% | 21.74% | 88.44% |
| Equity / Assets (Capital Ratio) | 11.11% | 10.37% | 9.75% | 9.42% | 10.62% | 10.73% | 11.29% | 11.42% | 12.44% | 12.94% |
| Return on Equity (ROE) | 9.85% | 6.82% | 3.58% | 7.64% | 12.38% | 14.14% | 16.63% | 18.02% | 17.04% | 15.31% |
| Book Value per Share | 324.76 | 345.93 | 358.38 | 384.84 | 488.69 | 531.47 | 622.62 | 757.22 | 916.60 | 953.41 |
| Tangible BV per Share | 324.76 | 345.93 | 358.38 | 384.84 | 488.37 | 531.19 | 622.33 | 750.28 | 893.02 | 930.06 |
| Common Stock | 11.65B | 12.86B | 12.89B | 12.95B | 13.83B | 13.9B | 13.97B | 14.05B | 14.25B | 14.27B |
| Additional Paid-in Capital | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 1.03T | 1.09T | 1.13T | 1.22T | 1.56T | 1.8T | 2.12T | 2.53T | 3.1T | 3.26T |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
ICICI Bank Limited (IBN) cash flow — operating, investing & free cash flow history
| Line item | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 376.5B | 299.35B | 465.98B | 654.83B | 1.38T | 795.97B | 577.21B | 1.57T | 822.2B | 822.2B |
| Operating CF Growth % | 35.87% | -20.49% | 55.66% | 40.53% | 110.77% | -42.33% | -27.48% | 172.49% | -47.73% | 0% |
| Net Income | 98.58B | 77.83B | 42.09B | 102.91B | 240.49B | 255.39B | 347.82B | 596.84B | 516.28B | 528.91B |
| Depreciation & Amortization | 0 | 0 | 0 | 0 | 14.71B | 0 | 0 | 19.96B | 0 | 0 |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 72.89B | 124.81B | 143.72B | 233.8B | 104.97B | 157.49B | 115.28B | -87.33B | 78.49B | -528.6B |
| Working Capital Changes | 205.04B | 96.7B | 280.18B | 318.12B | 1.02T | 383.09B | 114.11B | 1.04T | 227.42B | 0 |
| Cash from Investing | -477.9B | -1.35T | -1.23T | -1.54T | -629.87B | -1.94T | -2.53T | -1.46T | -2.37T | 0 |
| Purchase of Investments | -66.87B | -648.89B | -287.35B | -774.45B | 0 | -551.75B | -834.42B | 0 | -734.35B | 0 |
| Sale/Maturity of Investments | 0 | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 1000K | 0 |
| Net Investment Activity | -66.87B | -648.89B | -287.35B | -774.45B | 0 | -551.75B | -834.42B | 0 | -734.35B | 0 |
| Acquisitions | 151.26M | 268.28M | 463.82M | 274.72M | 0 | 1.19B | 2.94B | 0 | 653.7M | 0 |
| Other Investing | -398.43B | -693.86B | -962.58B | -744.88B | -612.99B | -1.37T | -1.67T | -1.42T | -1.66T | 0 |
| Cash from Financing | 251.95B | 1.14T | 747.16B | 1.32T | -546.67B | 1.51T | 1.47T | 137.65B | 2.06T | 0 |
| Dividends Paid | -33.12B | -17.32B | -11.56B | -9.54B | 0 | -14.09B | -35.56B | -55.99B | -71.24B | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock Issued | 1.72B | 3.98B | 3.45B | 5.91B | 154.6B | 8.12B | 9.63B | 11.71B | 14.54B | 0 |
| Net Stock Activity | 1.72B | 3.98B | 3.45B | 5.91B | 154.6B | 8.12B | 9.63B | 11.71B | 14.54B | 0 |
| Debt Issuance (Net) | -1000K | 1000K | -1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 0 |
| Other Financing | 595.13B | 738.85B | 945B | 1.29T | 0 | 1.34T | 1.22T | 0 | 2T | 0 |
| Net Change in Cash | 0▲ 0% | 0▲ 0% | 0▲ 0% | 0▲ 0% | 197.18B▲ 0% | 0▼ 100.0% | 0▲ 0% | 263.12B▲ 0% | 0▼ 100.0% | 0▲ 0% |
| Exchange Rate Effect | -1000K | -1000K | 1000K | -1000K | -1000K | -1000K | 1000K | 1000K | -1000K | 0 |
| Cash at Beginning | 0 | 0 | 0 | 0 | 1.28T | 0 | 0 | 1.36T | 0 | 0 |
| Cash at End | 0 | 0 | 0 | 0 | 1.48T | 0 | 0 | 1.63T | 0 | 0 |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | 363.76B▲ 0% | 288.84B▼ 20.6% | 454.62B▲ 57.4% | 634.67B▲ 39.6% | 1.36T▲ 114.8% | 777.05B▼ 43.0% | 552B▼ 29.0% | 1.54T▲ 178.3% | 773.94B▼ 49.6% | 0▲ 0% |
| FCF Growth % | 35.47% | -20.6% | 57.4% | 39.6% | 114.8% | -43% | -28.96% | 178.27% | -49.62% | - |
ICICI Bank Limited (IBN) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 9.85% | 6.82% | 3.58% | 7.64% | 12.38% | 14.14% | 16.63% | 18.02% | 17.04% | 15.31% |
| Return on Assets (ROA) | 1.07% | 0.73% | 0.36% | 0.73% | 1.25% | 1.51% | 1.83% | 2.05% | 2.04% | 1.98% |
| Net Interest Margin | 2.65% | 2.48% | 2.65% | 2.92% | 2.95% | 3.09% | 3.6% | 3.61% | 3.68% | 3.74% |
| Efficiency Ratio | 42.48% | 46.86% | 48.94% | 47.69% | 47.23% | 45.95% | 44.06% | 41.96% | 43.38% | 43.03% |
| Equity / Assets | 11.11% | 10.37% | 9.75% | 9.42% | 10.62% | 10.73% | 11.29% | 11.42% | 12.44% | 12.94% |
| Book Value / Share | 324.76 | 345.93 | 358.38 | 384.84 | 488.69 | 531.47 | 622.62 | 757.22 | 916.6 | 953.41 |
| NII Growth | 3.19% | 6.88% | 17.58% | 22.45% | 15.77% | 16.64% | 30.02% | 21.11% | 13.93% | 13.28% |
| Dividend Payout | 32.51% | 22.46% | 27.18% | 9.97% | - | 5.61% | 10.45% | 12.65% | 13.96% | 0% |
ICICI Bank Limited (IBN) stock FAQ — growth, dividends, profitability & financials explained
ICICI Bank Limited (IBN) grew revenue by 25.2% over the past year. This is strong growth.
Yes, ICICI Bank Limited (IBN) is profitable, generating $528.91B in net income for fiscal year 2025 (17.3% net margin).
Yes, ICICI Bank Limited (IBN) pays a dividend with a yield of 0.78%. This makes it attractive for income-focused investors.
ICICI Bank Limited (IBN) has a return on equity (ROE) of 17.0%. This is reasonable for most industries.
ICICI Bank Limited (IBN) has a net interest margin (NIM) of 3.7%. This indicates healthy earnings from lending activities.
ICICI Bank Limited (IBN) has an efficiency ratio of 43.4%. This is excellent, indicating strong cost control.
ICICI Bank Limited (IBN) financial analysis — history, returns, DCA and operating performance tools
Analyst verdict, bull/bear case, risk factors and peer comparison
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates