profit from every $100 of sales.

ICICI Bank
Trading close to its highest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
You pay $21.70 for every $1 of profit it makes in a year.
Not measured for banks and insurers: deposits and policy reserves count as debt, so the usual debt test says nothing about them.
Money in, money out
What ICICI Bank sold, what it kept, and what it did with the cash.
Sales went from ₹1.30 trillion in 2023 to ₹2.23 trillion in 2026, with ₹542 billion of profit last year.
ICICI Bank handed back 12% of the cash it generated last year.
ICICI Bank vs. similar companies
ICICI Bank grows in the middle of these 5 and is the most expensive for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
ICICI Bank | 21.7× · Fair price | ||
China Merchants Bank | 7.8× · Cheap | ||
DBS Group Holdings | 18.3× · Fair price | ||
UniCredit | 11.6× · Cheap | ||
HDFC Bank | 18.6× · Fair price |
AI analysis
An AI analyst reads ICICI Bank's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 1,302,385 | 1,533,820 | 2,055,593 | 2,230,898 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| 340,366 | 442,564 | 510,292 | 542,077 | |
| 95.68 | 123.92 | 142.28 | 149.54 | |
| – | – | – | – | |
| – | – | – | – | |
| 26.1% | 28.9% | 24.8% | 24.3% |
Balance sheet
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 19,584,905 | 23,640,630 | 26,422,414 | 29,144,980 |
| Cash | 1,635,674 | 1,901,296 | 2,383,044 | 2,649,807 |
| Total debt | 1,835,094 | 2,009,987 | 2,036,497 | 2,202,643 |
| Total liabilities | 17,373,060 | 20,940,308 | 23,134,988 | 25,349,266 |
| 2,144,978 | 2,561,438 | 3,139,059 | 3,630,604 | |
| 3,557 | 3,571 | 3,587 | 3,625 | |
| – | – | – | – | |
| 15.9% | 17.3% | 16.3% | 14.9% |
Cash flow
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| -37,712 | 1,572,845 | 1,228,053 | 673,254 | |
| 24,677 | 36,785 | 47,700 | 37,300 | |
| -62,389 | 1,536,059 | 1,180,353 | 635,954 | |
| Dividends paid | 34,794 | 55,986 | 70,413 | 78,532 |
| – | – | – | – | |
| 5,181 | 7,029 | 7,902 | 9,687 |
This is a bank or insurer, so cash-flow and debt ratios are left out: borrowing and lending is the business itself. Price to book and return on equity are the measures that matter here.
Valuation
- 21.7×
- 0.2×
- 1.35
- 2.8×
- 5.3×
- 4.6%
- 0.7%
Profitability
- 24.3%
- 2.0%
- 9.0%
- 15.7%
- 1.9%
Growth
- +19.7%
- +16.1%
- –
- +0.6%
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 18, 2026 | 0.41 | 0.39 | +5.1% |
| Jan 17, 2026 | 0.35 | 0.38 | −7.9% |
| Oct 18, 2025 | 0.39 | 0.37 | +5.4% |
| Jul 19, 2025 | 0.43 | 0.40 | +7.5% |
| Apr 19, 2025 | 0.41 | 0.37 | +10.8% |
| Jan 25, 2025 | 0.39 | 0.35 | +11.4% |
| Oct 26, 2024 | 0.43 | 0.35 | +22.9% |
| Jul 27, 2024 | 0.39 | 0.34 | +14.7% |
Paid per share, each year
$0.14 in 2015 → $0.25 in 2025
How safe it looks
14.5% of its profit
Room to growStretchedMore than it earns: 12.3%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
5/7Passes 5 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about ICICI Bank
Is ICICI Bank a good stock to buy?
A strong, very profitable business at a fair price. 5 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the ICICI Bank AI analysis
What does ICICI Bank do?
ICICI Bank Limited, together with its subsidiaries, engages in the provision of various banking and financial services to corporate and retail customers in India and internationally. It is in Banks - Regional, based in Mumbai, India.
Does ICICI Bank pay a dividend?
Yes. At today's price the dividend is 0.7% a year, about 14% of its yearly profit. In 2026 it paid out $78.5 billion in dividends.
Is ICICI Bank stock halal?
No. ICICI Bank does not pass our halal screen: its main business, banking, is not permitted. How we check
How has ICICI Bank stock done over the past year?
Up 14.9% over the past twelve months, to $34.88. It traded between $25.20 and $34.88, close to its high.
Who are ICICI Bank's competitors?
The largest listed companies in the same industry are China Merchants Bank, DBS Group Holdings, UniCredit and HDFC Bank. The peers table on this page compares their profit, growth and price with ICICI Bank's.
Prices: daily closes to Nov 10, 2026. Fundamentals: company reports via invest-like data.



