12-Mar-2025
No press releases found.
ICICI Bank’s New York Branch Achieves Compliance Milestone
TipRanks (Wed, 12-Mar 11:47 AM ET)
ICICI Bank Announces Delisting of ICICI Securities
TipRanks (Tue, 11-Mar 11:32 AM ET)
NCLAT Dismisses Appeals in ICICI Bank’s Scheme of Arrangement
TipRanks (Tue, 11-Mar 10:35 AM ET)
ICICI Bank Ltd provides banking services. The company's operating segments include Retail Banking; Wholesale Banking; Treasury, Life insurance, Other Banking Business, and Others. The company generates maximum revenue from the Retail Banking segment which 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. Geographical segments include Domestic operations and Foreign operations. The company generates the majority of its revenue from the domestic operations.
Icici Bank trades on the NYSE stock market under the symbol IBN.
As of March 12, 2025, IBN stock price climbed to $28.79 with 4,642,030 million shares trading.
IBN has a beta of 0.46, meaning it tends to be less sensitive to market movements. IBN has a correlation of 0.12 to the broad based SPY ETF.
IBN has a market cap of $101.64 billion. This is considered a Large Cap stock.
In the last 3 years, IBN traded as high as $32.14 and as low as $17.07.
The top ETF exchange traded funds that IBN belongs to (by Net Assets): SPEM, AVEM, DFAE, DFEM, XCEM.
IBN has outperformed the market in the last year with a price return of +11.1% while the SPY ETF gained +9.5%. IBN has also outperformed the stock market ETF in the last 3 month and 2 week periods returning -6.9% and +2.6%, respectively, while the SPY returned -7.2% and -6.0%, respectively.
IBN support price is $28.19 and resistance is $28.85 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IBN shares will trade within this expected range on the day.