(IBN) ICICI Bank - Ratings and Ratios

ICICI Bank Limited (NYSE:IBN) is a leading financial institution providing a wide array of banking and financial services to both retail and corporate clients in India and globally. Established in 1955 and headquartered in Mumbai, the bank operates through multiple segments, including Retail Banking, Wholesale Banking, Treasury, Other Banking, Life Insurance, and Others. Its product portfolio includes deposit services such as savings, salary, pension, current, trade, escrow, foreign currency, and vostro accounts, as well as time, fixed, recurring, and security deposits.

The bank offers an extensive range of loan products, including home, car, two-wheeler, personal, gold, and commercial business loans. It also provides loans against securities, business loans for working capital finance, term loans, collateral-free loans, loans for importers and exporters, and overdraft facilities. Additionally, ICICI Bank issues various types of cards, such as credit, debit, prepaid, travel, forex, and corporate cards. Its digital offerings include the Pockets wallet and services like fixed income products, investment products (e.g., mutual funds, gold monetization schemes, IPOs), and online investment services.

Further, the bank offers specialized services such as agri and rural business solutions, farmer finance, tractor loans, and micro banking. It also provides portfolio management, trade, foreign exchange, locker, private and NRI banking, and cash management services. Additional offerings include family wealth services, demat accounts, commercial and investment banking, capital market services, custodial services, and institutional banking. The bank distributes general and life insurance products and provides health, personal accident, fire, and motor insurance. Its digital banking services include Internet, mobile, and phone banking.

ICICI Bank also engages in securities investment, broking, trading, and underwriting services. It offers merchant banking, trusteeship, housing finance, pension fund management, asset management, investment advisory, points of presence, and private equity/venture capital fund management services. With a strong focus on innovation and customer-centric solutions, ICICI Bank has established itself as one of Indias largest private sector banks.

Ticker Symbol: IBN
Exchange: NYSE
Type: Common Stock
Country Origin: India
GICS Sub Industry: Diversified Banks

3-Month Forecast:
Based on and , ICICI Banks stock is expected to trade within a range of $32.50 to $34.50 over the next three months. The stock is currently above its SMA 20 ($31.32) and SMA 50 ($29.75), indicating short-term bullish momentum. However, the relatively high ATR (0.65) suggests potential volatility. Support levels at $30.3, $29.1, and $28.2 may act as downside protection if the price corrects. Fundamentally, the banks strong return on equity (16.81%) and moderate forward P/E (18.73) suggest sustained investor confidence.

Web URL: https://www.icicibank.com