ICICI Bank

IBN

Market cap $112B

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Investors with an interest in Banks - Foreign stocks have likely encountered both Canadian Imperial Bank (CM) and ICICI Bank Limited (IBN). But which of these two stocks presents investors with the better value opportunity right now?

For most people, investing in emerging markets is a lot like eating vegetables at dinner. We know we're supposed to, for our own good, but it's hard when delicious steak or potatoes are sitting next to them on the plate.

Investors with an interest in Banks - Foreign stocks have likely encountered both Bank of Nova Scotia (BNS) and ICICI Bank Limited (IBN). But which of these two stocks offers value investors a better bang for their buck right now?

ICICI Bank is upgraded to buy as growth headwinds fade and macro conditions improve, despite recent sideways stock performance. IBN's asset quality remains robust, with proactive risk management in unsecured lending and a healthy loan-to-deposit ratio offering growth headroom. NIMs showed a one-off improvement, but future pressure is likely from rate cuts; deposit and loan growth are expected to recover as liquidity improves.

ICICI Bank is rated as "Neutral," considering that its strong profitability has come at the expense of revenue weakness. IBN delivered stable margins and improved asset quality in 2Q FY2026; it also outperformed its peer HDFC in terms of ROA and credit costs. But its loan growth decelerated in the recent quarter, and the heavy reliance on the Business Banking segment is a concern.

ICICI Bank's Q2 profit rises 5.2% y/y on higher NII and fee income, but rising expenses weighed on sentiment, sending shares down 5.9%.

ICICI Bank Limited (NYSE:IBN ) Q2 2026 Earnings Call October 18, 2025 7:30 AM EDT Company Participants Sandeep Bakhshi - MD, CEO & Executive Director Anindya Banerjee - Group CFO & Head of Investor Relations Conference Call Participants Mahrukh Adajania - Nuvama Wealth Management Limited, Research Division Harsh Modi - JPMorgan Chase & Co, Research Division Anand Swaminathan - BofA Securities, Research Division Kunal Shah - Citigroup Inc., Research Division Rikin Shah - IIFL Research Piran Engineer - CLSA Limited, Research Division Chintan Joshi Presentation Operator Ladies and gentlemen, good day, and welcome to the Q2 FY '26 Earnings Conference Call of ICICI Bank. [Operator Instructions] Please note that this conference is being recorded.

ICICI Bank Ltd., India's second-largest private sector lender, posted a stronger-than-expected profit for the September quarter, buoyed by robust loan growth and improving asset quality.

Investors with an interest in Banks - Foreign stocks have likely encountered both Grupo Cibest (CIB) and ICICI Bank Limited (IBN). But which of these two stocks offers value investors a better bang for their buck right now?