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ICICI Bank Limited (IBN)
Pre-market:
| Previous close | 26.37 |
| Open | 26.56 |
| Bid | 26.75 x 4000 |
| Ask | 27.14 x 3100 |
| Day's range | 26.55 - 26.74 |
| 52-week range | 21.89 - 27.80 |
| Volume | |
| Avg. volume | 4,687,860 |
| Market cap | 93.919B |
| Beta (5Y monthly) | 0.81 |
| PE ratio (TTM) | 17.88 |
| EPS (TTM) | 1.49 |
| Earnings date | 20 Jul 2024 - 24 Jul 2024 |
| Forward dividend & yield | 0.19 (0.73%) |
| Ex-dividend date | 08 Aug 2023 |
| 1y target est | 32.08 |
ZacksICICI Bank (IBN) Rides on Loans & High Rates Amid Cost Woes
ICICI Bank (IBN) remains well-positioned for top-line growth, given solid loan and deposit balances, rising non-interest income and high interest rates. However, high costs and weak asset quality remain woes.
ZacksICICI Bank (IBN) Q4 Earnings Improve on Higher NII, Costs Rise
ICICI Bank's (IBN) fourth-quarter fiscal 2024 earnings reflect higher NII and non-interest income, along with lower provisions. However, elevated expenses act as a spoilsport.
ReutersIndia's ICICI Securities gets shareholder nod to delist, paving way to merge with ICICI Bank
India's ICICI Securities on Thursday secured the votes needed to delist its stock, capping a dramatic week that saw backlash from some unhappy retail investors and reported attempts by parent ICICI Bank to sway votes. Local media had reported earlier this week that ICICI Bank made multiple attempts to persuade ICICI Securities' shareholders to vote in favour of the delisting. ICICI Bank, which holds roughly 75% stake in the brokerage and whose vote is not considered, said on Thursday that its shareholder outreach was "important" to explain the proposal and maximise participation, and was not done to sway voters.
