ICICI Bank Limited (IBN) Financial Statements

ICICI Bank Limited

IBN · NYSE

Symbol: IBN
Type: Stock
Sector: Finance
Industry: Commercial Banks
Country: Asia
Exchange: NYSE

ICICI Bank Ltd provides banking services. The company's operating segment include Retail Banking; Wholesale Banking; Treasury and Other Banking Business. It generates maximum revenue from the Retail Banking segment. Retail Banking segment includes exposures of the Bank, which satisfy the four qualifying criteria of a regulatory retail portfolio as stipulated by RBI guidelines on the Basel III framework as well as includes income from credit cards, debit cards, third party product distribution, and the associated costs. Treasury segment includes the entire investment and derivative portfolio of the Bank. Wholesale Banking segment includes all advances to trusts, partnership firms, companies, and statutory bodies.

Key Issues

Bullish view

Published target summaries point to mid-$30s valuations: the supplied consensus is Buy with a $36 mean, while other aggregations show averages of $35.75 and $36.35. The explicit four-analyst range of $33 to $39 also places every forecast above the reported recent price levels.

Bearish view

Target evidence is inconsistent across services, with TipRanks reporting a lower $33.50 12-month average. The snippets do not provide the underlying analysts’ valuation assumptions, so the apparent upside cannot be tied to a specific earnings or fundamental thesis.