- ICICI Bank’s gross non-performing assets (NPA) are at 1.96%, which is better than the estimated 2.01%.
- The bank’s net interest income stands at 203.71 billion rupees, slightly below the estimated 206.08 billion rupees.
- The bank has total loans amounting to 13.14 trillion rupees.
- Gross NPA additions for the period are 60.85 billion rupees.
- The number of branches at the end of the period is 6,742.
- Analyst ratings include 46 buys, 5 holds, and 0 sells for ICICI Bank shares.
A look at ICICI Bank Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
ICICI Bank Ltd, a leading bank, has garnered positive Smartkarma Smart Scores across various key factors. With strong scores in Dividend and Growth, it indicates the company’s potential for long-term stability and expansion. Additionally, its Momentum score reflects a promising trend in the company’s performance. Although Value and Resilience scores are slightly lower, the overall outlook remains optimistic due to the higher scores in other critical areas.
ICICI Bank Limited, a global bank offering a wide range of financial services, is positioned favorably for future growth and sustainability based on its Smartkarma Smart Scores. With a solid foundation in dividend payouts and growth prospects, the company is displaying resilience in the face of market challenges. The momentum in its operations suggests a positive trajectory. Overall, ICICI Bank’s scores indicate a promising long-term outlook, underpinned by its diverse range of offerings and global customer base.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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