$ICICI Bank (IBN.US)$The vast majority of Indian companies l...

In the past 5 years, revenue has increased for 4 years except 2022, with an average growth rate of 9.9%. Net profit shrank by 37.5% in 2019 due to rapid growth in non-interest expenses, and grew rapidly in the next 4 years, with an average growth rate of 31.3% for 5 years.

In 2023, minority shareholders' net profit accounted for 25.2% of net profit, which had a significant impact. The 5-year average growth rate of net profit attributable to common shareholders was 34.6%. The return on net assets in 2023 was 17.2%, and the 5-year arithmetic average was 11.4%.

In the first half of 2024, revenue increased 22.5%, and net profit increased 40%.

The balance ratio has declined from 90.3% to 88.7% in the past 5 years, and is currently 88.8%. Goodwill and other intangible assets can be ignored. The common share capital increased by 6.8% in 2021, with little change in the last 3 years.

Currently, the price-earnings ratio is 21, the price-earnings ratio is TTM18, the net price-earnings ratio is 3.1, and the dividend ratio is 0.8%. Although banks should be cyclical stocks, the growth of this stock exceeds cyclicity, so you can choose carefully (⭐️)