Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
How to buy ICICI Bank (IBN) stocks in Canada
Learn how to easily invest in ICICI Bank stocks.
ICICI Bank is a banks-regional business based in the US. ICICI Bank stocks (IBN.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $17.6 – a decrease of 2.29% over the previous week. ICICI Bank employs 98,750 staff and has a trailing 12-month revenue of around $1 trillion.
How to buy shares in ICICI Bank
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – IBN – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
What's in this guide?
- Can I buy shares in ICICI Bank?
- Has coronavirus impacted ICICI Bank shares?
- ICICI Bank shares summary
- Compare share dealing platforms
- Is ICICI Bank stock a buy or sell?
- ICICI Bank performance over time
- Are ICICI Bank shares over-valued?
- ICICI Bank's financials
- How volatile are ICICI Bank shares?
- Does ICICI Bank pay a dividend?
- Have ICICI Bank shares ever split?
- Other common questions
ICICI Bank stock price (NYSE:IBN)Use our graph to track the performance of IBN stocks over time.
ICICI Bank shares at a glance
|Latest market close||$20.94|
|52-week range||$14.26 - $22.34|
|50-day moving average||$20.07|
|200-day moving average||$18.70|
|Wall St. target price||$25.77|
|Dividend yield||$2 (0.26%)|
|Earnings per share (TTM)||$0.81|
Compare online stock trading platforms
Note: The dollar amounts in the table below are in Canadian dollars.
Is it a good time to buy ICICI Bank stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
ICICI Bank price performance over time
|1 week (2022-01-19)||-2.29%|
|1 month (2021-12-23)||8.33%|
|3 months (2021-10-26)||-3.50%|
|6 months (2021-07-26)||14.05%|
|1 year (2021-01-26)||40.82%|
|2 years (2020-01-24)||42.84%|
|3 years (2019-01-25)||110.45%|
|5 years (2017-01-26)||166.75%|
Is ICICI Bank under- or over-valued?
Valuing ICICI Bank stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of ICICI Bank's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
ICICI Bank's P/E ratio
ICICI Bank's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 26x. In other words, ICICI Bank shares trade at around 26x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
ICICI Bank financials
|Revenue TTM||$1,014.1 billion|
|Operating margin TTM||23.42%|
|Gross profit TTM||$966.4 billion|
|Return on assets TTM||1.48%|
|Return on equity TTM||13.9%|
|Market capitalisation||$74.5 billion|
TTM: trailing 12 months
ICICI Bank share dividends
Dividend payout ratio: 7.36% of net profits
Recently ICICI Bank has paid out, on average, around 7.36% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.26% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), ICICI Bank shareholders could enjoy a 0.26% return on their shares, in the form of dividend payments. In ICICI Bank's case, that would currently equate to about $2 per share.
While ICICI Bank's payout ratio might seem low, this can signify that ICICI Bank is investing more in its future growth.
ICICI Bank's most recent dividend payout was on 2 September 2021. The latest dividend was paid out to all shareholders who bought their shares by 27 July 2021 (the "ex-dividend date").
Have ICICI Bank's shares ever split?
ICICI Bank's shares were split on a 11:10 basis on 18 June 2017. So if you had owned 10 shares the day before before the split, the next day you'd have owned 11 shares. This wouldn't directly have changed the overall worth of your ICICI Bank shares – just the quantity. However, indirectly, the new 9.1% lower share price could have impacted the market appetite for ICICI Bank shares which in turn could have impacted ICICI Bank's share price.
ICICI Bank share price volatility
Over the last 12 months, ICICI Bank's shares have ranged in value from as little as $14.2577 up to $22.34. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while ICICI Bank's is 1.0208. This would suggest that ICICI Bank's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
ICICI Bank overview
ICICI Bank Limited provides various banking products and financial services in India and internationally. It operates through Retail Banking, Wholesale Banking, Treasury, Other Banking, Life insurance, General insurance, and Others segments. The company offers savings, salary, pension, current, and other accounts; and fixed, recurring, and security deposits. It also provides home, car, two wheeler, personal, gold, and commercial business loans, as well as loans against securities and other loans; business loans, such as working capital finance, term loans, collateral free loans, loans without financials, finance for importers and exporters, and secured loans for credit card swipes, as well as loans for new entities, and schools and colleges; and credit, debit, prepaid, travel, and corporate cards. In addition, the company offers insurance products; pockets wallet; fixed income products; investment products, such as mutual funds, gold monetization schemes, and initial public offerings, as well as other online investment services; and farmer finance, tractor loans, and micro banking services, as well as other services to agri traders and processors, and agri corporates. Further, it 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, project and technology finance, and institutional banking services, as well as Internet, mobile, and phone banking services. Additionally, the company offers securities investment, broking, trading, and underwriting services; and merchant banking, trusteeship, housing finance, and pension fund management services.
ICICI Bank in the news
Looking for a Growth Stock? 3 Reasons Why ICICI Bank Limited (IBN) is a Solid Choice
What Makes ICICI Bank Limited (IBN) a New Buy Stock
ICICI Bank (IBN) Q3 Earnings Growth Fails to Drive Stock
Frequently asked questions
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
More guides on Finder
How to buy Haemonetics Corporation stock in Canada
Steps to owning and managing HAE stock, with 24-hour and historical pricing before you buy.
Go Auto Review
Use Go Auto to shop for new or used vehicles from multiple dealerships, with no hidden fees and access to bad credit financing.
How to buy Aritzia stock in Canada
Steps to owning and managing Aritzia (ATZ) stock, with 24-hour and historical pricing before you buy.
CI Direct Trading review
Get low fees and access many different types of accounts, platforms and investments with this reputable online broker.
Hifi Finance (MFT) price prediction
Read our expert analysis on Hifi Finance and how the token will perform in the future.
Kusama (KSM) price prediction
Read our expert analysis on Kusama and how the token will perform in the future.
How to buy The Sandbox (SAND) in Canada
This guide provides step-by-step instructions on how to buy The Sandbox, lists some exchanges where you can get it and provides daily price data on SAND.
COVID testing stocks
We’ve rounded up stats on some of the most popular COVID testing stocks, along with information on how they compare and how to invest.
Shiba Inu (SHIB) price, history and performance
This guide explores the different ways of buying Shiba Inu on a cryptocurrency exchange as well as where you should store your cryptocurrency.
Baby Doge Coin (BABYDOGE) price, chart, coin profile and news
This guide provides step-by-step instructions on how to buy Baby Doge Coin, lists some exchanges where you can get it and provides daily price data on BABYDOGE.