ICICI Bank Ltd. - Latest broker and analyst research reports updates (2024)

FAQs

What is the analyst rating of ICICI Bank? ›

The highest analyst price target is $31.00 ,the lowest forecast is $31.00. The average price target represents 14.86% Increase from the current price of $26.99. What do analysts say about Icici Bank Limited? Icici Bank Limited's analyst rating consensus is a Moderate Buy.

ICICI Bank Ltd. has an average target of 1292.43. The consensus estimate represents an upside of 10.98% from the last price of 1164.55. View 36 reports from 16 analysts offering long-term price targets for ICICI Bank Ltd..

Net assets on the balance sheet as of December 2023 : $30.18 B. According to ICICI Bank's latest financial reports the company has $30.18 B in net assets. A company's net assets is the sum of its assets minus the sum of its liabilities.

ICICI Bank annual revenue for 2024 was $28.561B, a 22.72% increase from 2023. ICICI Bank annual revenue for 2023 was $23.272B, a 10.24% increase from 2022. ICICI Bank annual revenue for 2022 was $21.11B, a 3.08% decline from 2021.

Conclusion. Investing in ICICI Bank's Corporate FDs can be a wise and fruitful financial decision for companies with surplus funds, contractual obligations, or a preference for safe, high-yield investments. Please note that Credit facilities are not available for Non-callable Deposits (Non-Withdrawable).

ICICIBANK has positive Net Income for the last twelve months. ICICIBANK's ROE (Return on Equity) for the past 12 months is positive and is equal to 19%. ICICIBANK has positive three-year average ROE (Return on Equity): 16%.

According to analysts, ICICIBANK price target is 1318.07 INR with a max estimate of 1450.00 INR and a min estimate of 1102.00 INR. Check if this forecast comes true in a year, meanwhile watch ICICI BANK stock price chart and keep track of the current situation with ICICIBANK news and stock market news.

Financial experts favor ICICI Bank over Axis Bank for long-term investment. Here's why. The Nifty Bank index has been very volatile in 2024 so far. The index has lost 0.23 percent this year so far but has recovered a bit lately, rising 1.2 percent in the last one month.

ICICI Bank's return on risk-weighted assets has drastically improved and is now better than HDFC Bank's. ICICI Bank should trade at a premium on high-quality granular earnings. Maintain BUY with revised target of Rs 1,214 (from Rs 1,192) as we roll to September 2025E – ICICI Bank is our top sectoral pick,' it said.

Who is the largest shareholder of ICICI Bank? ›

Industrial Credit and Investment Corporation of India, an Indian financial conglomerate, Founded the ICICI Bank as a 100% subsidiary. ICICI Bank of India was not established by any one individual but is the result of joint work in 1994.

ICICI Bank reports robust Q4 FY24 results with 17% YoY increase in net earnings. RoA at 2.4% and RoE at 18.5%.

Hierarchy is quite long in Banks starting from JO and going up to MD. However, if you have cleared your exams in first attempt the bank will take you at Manager level else you will get deputy manager grade. Hierarchy goes DM-1, DM-2, M-1, M-2, CM-1, CM-2, AGM, DGM, GM, SGM, SGM-1, SGM-2, ED, MD.