Latest news with #ICICIBankLimited
Business Wire
25-07-2025
- Business
- Business Wire
ICICI Bank Limited Files Annual Report on Form 20-F for Fiscal Year 2025
MUMBAI, India--(BUSINESS WIRE)--ICICI Bank Limited (NYSE: IBN) filed its annual report in Form 20-F for the year ended March 31, 2025 (FY2025) on July 25, 2025, as required by United States securities regulations. The Form 20-F annual report includes the Bank's consolidated financial statements under Indian GAAP and a reconciliation of consolidated profit after tax and net worth under Indian GAAP to net income and stockholders' equity under U.S. GAAP, approved by the Audit Committee of the Board. Copies of the Form 20-F are available from the United States Securities and Exchange Commission (SEC) website or via a direct link to the SEC website at "About Us/Investor Relations/SEC Filings" page of ICICI Bank's website: Shareholders may obtain a copy of the complete audited financial statements free of charge by writing to Company Secretary, ICICI Bank Limited, ICICI Bank Towers, Bandra Kurla Complex, Mumbai 400051 or sending an e-mail to companysecretary@ with details of their shareholding and mailing address.
Yahoo
23-07-2025
- Business
- Yahoo
TD vs. IBN: Which Stock Should Value Investors Buy Now?
Investors interested in Banks - Foreign stocks are likely familiar with Toronto-Dominion Bank (TD) and ICICI Bank Limited (IBN). But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look. Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revision trends, while our Style Scores work to grade companies based on specific traits. Right now, Toronto-Dominion Bank is sporting a Zacks Rank of #2 (Buy), while ICICI Bank Limited has a Zacks Rank of #3 (Hold). This system places an emphasis on companies that have seen positive earnings estimate revisions, so investors should feel comfortable knowing that TD is likely seeing its earnings outlook improve to a greater extent. But this is just one piece of the puzzle for value investors. Value investors also try to analyze a wide range of traditional figures and metrics to help determine whether a company is undervalued at its current share price levels. Our Value category grades stocks based on a number of key metrics, including the tried-and-true P/E ratio, the P/S ratio, earnings yield, and cash flow per share, as well as a variety of other fundamentals that value investors frequently use. TD currently has a forward P/E ratio of 13.03, while IBN has a forward P/E of 20.80. We also note that TD has a PEG ratio of 1.68. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. IBN currently has a PEG ratio of 2.23. Another notable valuation metric for TD is its P/B ratio of 1.58. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. By comparison, IBN has a P/B of 3.14. Based on these metrics and many more, TD holds a Value grade of B, while IBN has a Value grade of C. TD stands above IBN thanks to its solid earnings outlook, and based on these valuation figures, we also feel that TD is the superior value option right now. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Toronto Dominion Bank (The) (TD) : Free Stock Analysis Report ICICI Bank Limited (IBN) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
20-07-2025
- Business
- Business Insider
ICICI Bank Limited (ICICIBANK) Gets a Buy from Jefferies
Jefferies analyst Prakhar Sharma maintained a Buy rating on ICICI Bank Limited today and set a price target of INR1,760.00. The company's shares closed last Friday at INR1,425.80. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Sharma is a 4-star analyst with an average return of 13.0% and an 86.49% success rate. Sharma covers the Financial sector, focusing on stocks such as ICICI Bank Limited, Bandhan Bank Ltd., and BSE Ltd.. In addition to Jefferies, ICICI Bank Limited also received a Buy from HSBC's Rahil Shah in a report issued on July 8. However, on July 4, Goldman Sachs maintained a Hold rating on ICICI Bank Limited (NSE: ICICIBANK). The company has a one-year high of INR1,471.10 and a one-year low of INR1,153.30. Currently, ICICI Bank Limited has an average volume of 423.2K.
Time of India
11-07-2025
- Business
- Time of India
How much money did ICICI Prudential's star fund manager Sankaran Naren make in FY25?
ICICI Prudential Asset Management Company's Draft Red Herring Prospectus ( DRHP ) for its IPO reveals that veteran fund manager S. Naren earned Rs 5.89 crore in FY25, which includes salary/remuneration, bonus, perquisites, and deferred bonuses accrued in previous fiscals. According to the DRHP, the star fund manager is entitled to receive a basic salary of Rs 1.41 crore, a fixed salary of Rs 3.54 crore, and a target bonus of Rs 2.83 crore. Also Read | Mutual fund SIP stoppage ratio hits 78% in June; monthly contribution crosses Rs 27,000 crore mark Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » The document further states that S. Naren is also eligible for Bank ESOPs, which would be granted in accordance with the norms applicable to group executives, subject to the approval of the board of ICICI Bank Limited . As of the date of this Draft Red Herring Prospectus, a contingent or deferred compensation of Rs 1.37 crore has been accrued for fiscal 2025 but will be payable at a later date. Live Events Sankaran Naren is the Executive Director and Chief Investment Officer at ICICI Prudential AMC . Pursuant to resolutions passed by the Board and Shareholders on October 17, 2023, and December 13, 2023, respectively, Naren was reappointed to the role for a period of two years, effective from July 1, 2024. He has over 28 years of experience in the financial services industry, including investment banking, fund management, equity research, and stockbroking operations. He is currently a member of the Committee on Equity Matters at the Association of Mutual Funds in India (AMFI). Naren has previously been associated with Refco-Sify Securities India Private Limited, HDFC Securities Limited, The Hongkong and Shanghai Banking Corporation Limited, and Yoha Securities Limited. He received the 'India CIO of the Year' award at the Asia Asset Management – 2023 Best of the Best Awards. Also Read | Parag Parikh Flexi Cap Fund increases stake in ITC, Coal India, and 10 other stocks in June ICICI Prudential AMC IPO filing ICICI Prudential Asset Management Company, India's second-largest asset manager by assets under management, submitted its draft IPO documents to the Securities and Exchange Board of India ( Sebi ) on July 8, aiming to launch a public offering. The proposed IPO is structured entirely as an offer for sale (OFS) of 1.76 crore equity shares by Prudential Corporation Holdings, the UK-based joint venture partner. As there is no fresh issue involved, all proceeds from the offering will go directly to the selling shareholder, with ICICI Prudential AMC receiving no capital infusion from the issue. If successful, the IPO will make ICICI Prudential AMC the fifth company from the ICICI Group to be publicly listed, joining ICICI Bank, ICICI Prudential Life Insurance, ICICI Lombard General Insurance, and ICICI Securities. It will also become the fifth asset management firm to go public, following HDFC AMC, UTI AMC, Nippon Life India AMC, Aditya Birla Sun Life AMC, and Shriram AMC. The IPO is being managed by an unprecedented 18 merchant bankers — the highest ever for an Indian IPO. These include global and domestic firms such as Citigroup, Morgan Stanley, BofA Securities, Axis Capital, CLSA, IIFL Capital, Kotak Mahindra Capital, Nomura, SBI Capital, ICICI Securities, Goldman Sachs, Avendus Capital, BNP Paribas, HDFC Bank, JM Financial, Motilal Oswal, Nuvama Wealth, and UBS Securities India.
Business Insider
09-07-2025
- Business
- Business Insider
HSBC Reaffirms Their Buy Rating on ICICI Bank Limited (ICICIBANK)
HSBC analyst Rahil Shah maintained a Buy rating on ICICI Bank Limited today and set a price target of INR1,670.00. The company's shares closed today at INR1,442.00. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Shah is a 2-star analyst with an average return of 3.4% and a 58.82% success rate. Shah covers the Financial sector, focusing on stocks such as HDFC Life Insurance Co. Ltd., ICICI Prudential Life Insurance Co. Ltd., and Nippon Life India Asset Management Ltd.. In addition to HSBC, ICICI Bank Limited also received a Buy from Macquarie's Suresh Ganapathy in a report issued on July 3. However, on July 4, Goldman Sachs maintained a Hold rating on ICICI Bank Limited (NSE: ICICIBANK).
