ICICI Bank FY2026 EPS Estimate Raised by Erste Group Bank

ICICI Bank Limited (NYSE:IBN) – Investment analysts at Erste Group Bank increased their FY2026 EPS estimates for shares of ICICI Bank in a report released on Thursday, April 2nd. Erste Group Bank analyst S. Lingnau now forecasts that the bank will post earnings of $1.50 per share for the year, up from their prior estimate of $1.48. The consensus estimate for ICICI Bank’s current full-year earnings is $1.53 per share. Erste Group Bank also issued estimates for ICICI Bank’s FY2027 earnings at $1.70 EPS.

Several other analysts have also issued reports on IBN. Wall Street Zen lowered shares of ICICI Bank from a “sell” rating to a “strong sell” rating in a research note on Saturday. Weiss Ratings lowered shares of ICICI Bank from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, February 18th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, ICICI Bank currently has a consensus rating of “Hold”.

ICICI Bank Stock Performance

Shares of IBN stock opened at $27.73 on Friday. The firm has a market capitalization of $99.28 billion, a PE ratio of 17.55, a price-to-earnings-growth ratio of 1.29 and a beta of 0.47. The firm has a fifty day simple moving average of $28.53 and a two-hundred day simple moving average of $29.87. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.59. ICICI Bank has a 12 month low of $25.08 and a 12 month high of $34.56.

ICICI Bank (NYSE:IBN) last announced its quarterly earnings results on Thursday, January 22nd. The bank reported $0.35 EPS for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.03). The business had revenue of $8.53 billion for the quarter, compared to the consensus estimate of $3.41 billion. ICICI Bank had a net margin of 24.57% and a return on equity of 14.17%.

Institutional Trading of ICICI Bank

Several institutional investors have recently made changes to their positions in the company. Morgan Stanley grew its stake in shares of ICICI Bank by 8.0% in the 4th quarter. Morgan Stanley now owns 53,772,858 shares of the bank’s stock worth $1,602,431,000 after acquiring an additional 3,974,437 shares in the last quarter. Temasek Holdings Private Ltd grew its stake in shares of ICICI Bank by 11.3% in the 4th quarter. Temasek Holdings Private Ltd now owns 29,195,789 shares of the bank’s stock worth $870,035,000 after acquiring an additional 2,964,312 shares in the last quarter. Invesco Ltd. grew its position in ICICI Bank by 4.1% during the third quarter. Invesco Ltd. now owns 23,407,285 shares of the bank’s stock valued at $707,602,000 after buying an additional 928,329 shares during the period. Robeco Institutional Asset Management B.V. grew its position in ICICI Bank by 9.2% during the third quarter. Robeco Institutional Asset Management B.V. now owns 18,972,921 shares of the bank’s stock valued at $573,551,000 after buying an additional 1,602,152 shares during the period. Finally, Dimensional Fund Advisors LP grew its position in ICICI Bank by 1.2% during the fourth quarter. Dimensional Fund Advisors LP now owns 11,733,336 shares of the bank’s stock valued at $349,660,000 after buying an additional 135,945 shares during the period. Institutional investors own 18.18% of the company’s stock.

ICICI Bank Company Profile

ICICI Bank Limited is an Indian multinational banking and financial services company that provides a broad range of products and services to retail, corporate and institutional customers. The bank traces its origins to the Industrial Credit and Investment Corporation of India, founded in 1955, and was converted into a commercial bank during the 1990s as part of its evolution into a full-service financial institution. It is one of India’s largest private-sector banks and is listed in the United States as an American depositary receipt under the ticker IBN.

The bank’s core activities include retail banking (deposit accounts, consumer loans, mortgages, credit cards and payments), corporate and commercial banking (working capital, term lending, trade finance and cash management), and treasury operations.