IBN
ICICI Bank Limited
IBN's fundamentals are mixed: its operating margin rose 1 points to 26%, but revenue fell 0.7%. Its PE isn't a useful guide right now because of how its recent earnings were reported.
IBN Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| N/A | |
| N/A |
IBN's profitability is currently strong, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like IBN.
IBN PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 18x | $30.21 | -12% |
| Fair | 19x | $32.33 | -6% |
| Expensive | 21x | $34.73 | +1% |
| Current | 21x | $34.39 | — |
Historical ranges are pointers, not guarantees.
IBN's PE is 21x, but its earnings don't support one, so it isn't a reliable read right now.
IBN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Strong growth | |
| Strongly weakening | |
| Limited | |
| Moderate |
Analysts expect strong earnings and revenue growth for IBN, but weaker profitability.
IBN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $1.66 | +5.7% |
| Q1 2026 | $1.60 | +5.3% |
| Q4 2025 | $1.57 | +7.5% |
| Q3 2025 | $1.58 | +12% |
| Q2 2025 | $1.57 | +16% |
| Q1 2025 | $1.52 | +15% |
| Q4 2024 | $1.46 | +15% |
| Q3 2024 | $1.41 | +18% |
IBN's earnings per share have climbed steadily: $1.66 over the past year, up 5.7% from the year before, and higher year over year for 15 quarters in a row.
IBN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $6.6B | -18% |
| Q1 2026 | $9B | +6.1% |
| Q4 2025 | $8.3B | +3.8% |
| Q3 2025 | $8.1B | +4.4% |
| Q2 2025 | $8B | +11% |
| Q1 2025 | $8.5B | +20% |
| Q4 2024 | $8B | +25% |
| Q3 2024 | $7.8B | +27% |
IBN's revenue has held roughly level: $6.6B last quarter, down 18% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 35% | +8.6 points |
| Q1 2026 | 25% | +0.8 points |
| Q4 2025 | 23% | -1.6 points |
| Q3 2025 | 25% | -0.4 points |
| Q2 2025 | 26% | +1.2 points |
| Q1 2025 | 24% | -0.8 points |
| Q4 2024 | 25% | -1.1 points |
| Q3 2024 | 25% | -1 points |
IBN's operating margin was 35% last quarter, up 8.6 points from the same quarter a year ago, near the top of its range since 2019.
IBN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $0 | $0 |
| Q1 2026 | $0 | $0 |
| Q4 2025 | $0 | $0 |
| Q3 2025 | $0 | $0 |
| Q2 2025 | $0 | $0 |
| Q1 2025 | $0 | $0 |
| Q4 2024 | $0 | $0 |
| Q3 2024 | $0 | $0 |
IBN's free cash flow was $0 over the past year, against $0 the year before. Free cash flow isn't a meaningful measure for financial services companies like IBN.
IBN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +2.6M shares |
| 1 year | +0.1% | +3M shares |
| 3 years | +1.7% | +59.4M shares |
| 5 years | +2.6% | +92.9M shares |
| Available history | +7.5% | +254M shares |
IBN has 3.6B diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
IBN hasn't bought back shares in the past year.
IBN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 0.4x | Very low |
| Q1 2026 | -0.6x | Net Cash |
| Q4 2025 | 2.0x | Healthy |
| Q3 2025 | 0.5x | Very low |
| Q2 2025 | 0.2x | Very low |
| Q1 2025 | -0.4x | Net Cash |
| Q4 2024 | 0.6x | Very low |
| Q3 2024 | 0.8x | Very low |
IBN's net debt is less than a year of its operating earnings (EBITDA). Net leverage isn't a meaningful measure for financial services companies like IBN.
IBN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 71.0 | Overbought |
| Stochastic | 85.3 | Overbought |
IBN's weekly RSI is 71 (overbought) and its Stochastic is 85 (overbought).
IBN PE vs Financial Services Sector
| Metric | IBN | Sector median | Relative |
|---|---|---|---|
| PE | 21x | 13x | 60% above |
| PE % | 79 | 63 | 16 pts above |
IBN is trading at 21x earnings, a 60% premium to the Financial Services sector's median of 13x, though its earnings don't support one.
IBN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $30.1 | 14% above |
| 20 week MA | $29.8 | 15% above |
| 50 week MA | $29.0 | 19% above |
| 100 week MA | $30.2 | 14% above |
| 200 week MA | $27.7 | 24% above |
IBN is in an uptrend: it's above all five of its weekly moving averages, and 24% above its 200-week average.
IBN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $15.3 | $14.0 | -8.4% |
| 2021 | $14.0 | $19.3 | +38% |
| 2022 | $19.3 | $21.6 | +12% |
| 2023 | $21.6 | $23.8 | +11% |
| 2024 | $23.8 | $30.5 | +28% |
| 2025 | $30.5 | $30.1 | -1.3% |
| 2026 YTD | $30.1 | $34.4 | +14% |
IBN has finished higher in four of the last six years. It's up 14% so far in 2026.