ICICI Bank 🏦 $IBN (-0,35 %) India's second largest private bank with a market capitalization of around USD 80 bn (as of 2025). In FY2024, it generated a net profit of ~USD 2.9 bn, with loan growth of ~17% YoY and a return on equity (ROE) of over 17%.
Strengths:
- Strong retail banking with over 6,000 branches
- Solid capital ratio (CET-1 > 14%)
- Digital leadership in the Indian banking sector
Growth driver:
- Growing middle class in India
- Rising demand for credit in the SME and consumer sector
- Expansion of digital platforms and fintech collaborations
My conclusion:
Well positioned for sustainable growth in the dynamic Indian market. Interesting for long-term investment + nice dividend.
Did you know the share and what do you think?