How to Buy ICICI Bank Stock
ICICI Bank Ltd
ICICI Bank is a bank company located in India, which is part of the Financial Services sector, and is traded under the ticker IBN on the NYSE exchange.
ICICI Bank stock last closed at $33.27, down 2.38% from the previous day, and has increased 26.55% in one year. It has overperformed other stocks in the Banks - Regional industry by 0.11 percentage points. ICICI Bank stock is currently +32.42% from its 52-week low of $25.13, and -2.55% from its 52-week high of $34.14.
There are currently 7.02B IBN shares outstanding. The market capitalization of IBN is $116.82B. In the last 24 hours, 7.83M IBN shares were traded.
How to Buy ICICI Bank Stock
Wondering how to invest in ICICI Bank stock? Here's how.
- Choose where to buy ICICI Bank stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you figure out where to buy ICICI Bank stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit money your brokerage account: Pick your method of payment and add your info.
- Research ICICI Bank stock: The ICICI Bank ticker symbol is IBN. Is ICICI Bank stock a good investment? Should you buy shares of IBN? How do IBN's underlying business fundamentals look? Do top analysts think ICICI Bank is a good buy? Why has IBN's stock price moved recently? (Hint: Our stock market research tools can help you understand if IBN is a good stock to buy).
- Make your IBN trade: Decide if you will purchase IBN shares at the current market price or use a limit order to buy IBN stock at a given price.
- Get the latest news on your IBN investment: Create a watchlist to keep tabs on your position in ICICI Bank shares.
Step 1: Choose where to buy ICICI Bank stock
You need a brokerage account to access the NYSE market and buy IBN shares.
Our favorite brokerage: eToro
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Get $10 towards your share purchase by creating an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Open a brokerage account
Now that you've picked your brokerage, you'll need to fill out some personal information so you can invest in IBN stock today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to create a new trading account.
- Send your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you have finished signing up on app for investing, you can securely and quickly fund your account:
Check out the video below to see the process of depositing funds into your brokerage account.
Step 4: Research ICICI Bank stock
After you have chosen the best place to buy ICICI Bank stock, it's important to analyze their stock prior to buying, so you truly understand the risk and opportunity.
ICICI Bank Metrics
Fundamentals of ICICI Bank
WallStreetZen was designed to help part-time investors do better fundamental analysis in less time.
You can see all of the due diligence checks on IBN's stock page.
Is IBN stock properly valued?
Analysts use many financial metrics, analyses, models, and charts to gauge IBN's fair value.
Using relative valuations methods:
- IBN could be overvalued based on its P/E ratio of 22.05x, relative to Banks - Regional industry P/E ratio of 13.29x
- IBN may be overvalued based on its P/B ratio of 3.84x, relative to Banks - Regional industry P/B ratio of 1.11x
- IBN may be overvalued based on its PEG ratio of 1.8x
You can do additional valuation research on IBN's stock here.
IBN Financial Health Summary
Passed Health Checks:
- IBN's operating cash flow of $18.78B allows it to safely service it's debt of $24.77B.
- Total IBN debt is lower than 5 years ago, relative to shareholder equity.
- IBN profit margin has gone up from 18.3% to 18.7% in the past year.
Failed Health Checks:
- IBN earnings of $14.13B is not enough to cover its interest payments.
- IBN has a relatively high debt to equity ratio of 8.28.
You can dig deeper into what analysts are saying on the ICICI Bank stock forecast page.
Metrics for Advanced IBN Traders
IBN Performance Numbers
Last year, IBN earnings were $5.28B. During the last five year, IBN's earnings have gone up by 51.33% per year. This was faster than the Banks - Regional industry average of 17.8%.
Last year, IBN revenue was $28.19B. In the past five year, IBN's revenue has grown by 8.34% per year. This was slower than the Banks - Regional industry average of 10.04%.
Find out more about IBN's earnings and revenue performance here.
Are IBN executives and large shareholders buying or selling the stock?
In the last year, insiders at IBN have not bought or sold any shares.
Research more about who owns IBN shares here.
Can I rely on IBN as an income stream?
ICICI Bank pays a dividend of 0.72%, compared to the Banks - Regional industry's average dividend yield of 2.95%. If you owned $1,000 of IBN stock, you would have been paid $7.18 in the past 12 months.
ICICI Bank dividend payments have consistently grown over the past decade but have not remained stable.
Find more data about ICICI Bank dividend yield and history here.
IBN Social Trading Data
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Make your IBN trade
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally sufficient. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a specific dollar amount limit, place a limit order.
Click the Open Trade button and eToro will execute your order.
If you require more info about investing in stocks on eToro, click the how to video below:
Step 6: Get the latest news on your IBN investment
Now that you own some IBN shares, you'll want to keep up with your investment.
Create a watchlist to get the latest updates about your IBN stock.
IBN Feed
How to Buy Stock in ICICI Bank
To reiterate, here are the 6 steps you need to take to buy ICICI Bank stock right now:
- Choose where to buy ICICI Bank stock
- Open a brokerage account
- Deposit money your brokerage account
- Research ICICI Bank stock
- Make your IBN trade
- Get the latest news on your IBN investment
If you are looking for a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep an eye on your investment in ICICI Bank, hit the button below to create your watchlist.
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