ICICI Bank Limited

IBN · NYSE

Market closed$29.76$0.190000 (+0.64%)After hours $29.74 · -0.06%

Key statistics

Previous close$29.57
Open$29.78
Day high$30.03
Day low$29.57
52-week high$34.57
52-week low$25.08
Market cap106.29B
Volume6.50M
Average volume7.51M
P/E ratio18.84
Forward P/E
EPS1.58
Dividend yield+0.76%

Market context

Why it moved

ICICI Bank's U.S.-listed shares (IBN) edged higher after the bank reported strong Q1 fiscal 2027 earnings, with profit after tax rising nearly 16% year over year, robust loan growth of nearly 20%, healthy deposit expansion, and improved fee income, signaling broad-based financial strength.

What is happening

Recent company-specific developments and publisher coverage.

July 18, 2026ICICI Bank edged higher, buoyed by a strong rally in Indian markets where the Sensex surged ~965 points and Bank Nifty outperformed with a 1.63% gain, with ICICI Bank shares among the top Sensex gainers ahead of its Q1 FY27 earnings scheduled for July 18. Investor optimism is building around the earnings release, with the bank's board also set to review its overseas bond fundraising cap at the same meeting, signaling potential capital-raising flexibility.

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July 17, 2026ICICI Bank edged higher amid a key pre-earnings catalyst: the bank has scheduled its Q1 FY2026 earnings call for July 18, and its Board will simultaneously consider revising the overseas bond fundraising cap — signaling potential capital-raising flexibility ahead. The bank recently partnered with TPG to acquire a stake in Aseem Infrastructure Finance, targeting India's renewable energy financing boom. Indian financial stocks faced mild headwinds on the day, with the BSE Financial Services index declining 0.51% and Bank Nifty slipping, though the broader XLF financial sector ETF held near 52-week highs on the back of strong Wall Street Q2 earnings momentum.

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July 16, 2026ICICI Bank closed higher, with investors focused on the upcoming July 18 quarterly earnings call for Q2 FY2026 results and a scheduled Board meeting to consider revising its overseas bond fundraising limit. The bank's recent acquisition of a stake in Aseem Infrastructure Finance alongside TPG — targeting India's renewable energy financing boom — added to positive sentiment, while a DCF analysis pegged intrinsic value at $40 versus the current price, implying meaningful upside. The broader financial services sector ETF (XLF) also traded near 52-week highs, and Indian markets (BSE Sensex) rebounded modestly, providing a supportive backdrop for the stock.

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July 14, 2026ICICI Bank edged lower as Indian financial stocks faced broad selling pressure, with the BSE Sensex falling 0.72% and Bank Nifty declining over 1% amid ongoing US-Iran geopolitical tensions and rising oil prices. Investor attention is turning to ICICI Bank's upcoming Q1 FY26/27 earnings report expected July 18, with analysts forecasting $0.40 EPS on $3.34B in revenue — down from $0.43 a year ago. The bank also made headlines with its partnership with TPG to acquire a stake in Aseem Infrastructure Finance, positioning itself in India's fast-growing sustainable infrastructure financing space ahead of the country's 500 GW renewable energy target.

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July 14, 2026ICICI Bank edged higher, outperforming a broadly steady financial sector (XLF), as investors focused on two key developments: the bank's announced partnership with TPG to acquire a stake in Aseem Infrastructure Finance, signaling strategic expansion into sustainable infrastructure lending, and anticipation of its Q1 FY26/27 earnings due July 18 (analysts forecast $0.40 EPS on $3.34B revenue). Indian markets recovered sharply from intraday lows driven by Middle East-related oil price spikes and rupee pressure, with the Sensex closing marginally higher, while FII inflows into Indian equities remain a supportive tailwind.

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July 11, 2026ICICI Bank edged slightly lower on the NYSE, though after-hours trading has since rebounded sharply, with shares gaining about 2% in extended hours. The session came as Indian markets (BSE Sensex ~77,569) rallied strongly on July 10, with Bank Nifty surging above 58,200 and ICICI Bank gaining 1–2% in Mumbai trade, recovering from Wednesday's steep selloff driven by US-Iran escalation and surging crude prices. Analysts remain constructive on the stock, with a recent Seeking Alpha piece reiterating a Buy rating following better-than-expected Q1FY2027 results and favorable policy tailwinds, as Q2 earnings season approaches with UBS noting broad-based banking sector strength.

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July 10, 2026ICICI Bank edged higher on above-average volume, showing resilience after Indian markets were rattled on July 8 by a sharp selloff — Sensex plunged 1,677 points and the Nifty Bank Index fell 2.51% — triggered by renewed US-Iran tensions and surging crude oil prices. The recovery comes amid a Buy-rated analyst outlook (price target $33.50), a positive Q1 FY2027 earnings assessment, and recent strategic moves including a governance framework set at ICICI Prudential Life ahead of Prudential's Bharti Life acquisition and a co-investment in Aseem Infrastructure Finance alongside TPG and GIC.

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July 9, 2026ICICI Bank's ADR fell sharply, pressured by a broad selloff in Indian equities after U.S. President Trump declared the Iran ceasefire 'over,' sparking a 2.1% crash in the Sensex and Nifty that erased nearly ₹8 lakh crore in investor wealth. Brent crude surged over 5%, a significant headwind for India as a major oil importer, while the rupee weakened and India VIX spiked ~26%. The macro turbulence overshadowed a recent Seeking Alpha 'Buy' reiteration citing strong Q1FY27 results, ICICI's governance agreement with Prudential on ICICI Prudential Life, and the bank's co-investment in Aseem Infrastructure Finance alongside TPG and GIC.

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Mt Newswire · April 24, 2026Market Chatter: TPG-Led Investment Group to Acquire Indian Climate Lender Aseem Infrastructure Finance
Mt Newswire · April 20, 2026Research Alert: CFRA Keeps Buy Recommendation On Adss Of Icici Bank
Mt Newswire · April 20, 2026Research Alert: Icici Bank: Broadly Better-than-expected Fy 26 Results
Benzinga · April 13, 2026Earnings Volatility Watch: This Stock Could Move 30% In A Single Day This Week
Benzinga · March 4, 2026Here's How Much $100 Invested In ICICI Bank 10 Years Ago Would Be Worth Today
Mt Newswire · January 19, 2026Research Alert: CFRA Keeps Buy Recommendation On Adss Of Icici Bank Limited
Mt Newswire · January 19, 2026Research Alert: Icici Q3 Fy 26: A Slight Miss Due To Additional Agriculture Loans Provision
Mt Newswire · December 24, 2025Research Alert: CFRA Initiates Coverage On Icici Bank Adss With A Buy Recommendation

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