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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 $26.41, up 1.69% from the previous day, and has increased 25.7% in one year. It has overperformed other stocks in the Banks - Regional industry by 0.11 percentage points. Icici Bank stock is currently +25.7% from its 52-week low of $21.01, and -0.92% from its 52-week high of $26.66.

As of Mar 28, 2024, there are 6.98B shares of IBN outstanding. The market capitalization of IBN is $92.21B. In the past 24 hours, 4.91M IBN shares were traded.

How to Buy Icici Bank Stock

Wondering how to invest in Icici Bank stock? Here's how.
  1. Choose where to buy Icici Bank stock: You need to pick an online brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you figure out where to buy Icici Bank stock.
  2. Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Deposit money your brokerage account: Choose your method of payment and add your info.
  4. 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 analysis website can help you figure out if IBN is a good stock to buy).
  5. Make your IBN trade: Decide if you will purchase IBN shares at the current market price or use a limit order to buy IBN shares at a specific price.
  6. Get the latest news on your IBN investment: Create a watchlist to track your new investment in Icici Bank shares.

Step 1: Choose where to buy Icici Bank stock

You will need a brokerage account to access the NYSE market and buy IBN stock.

A brokerage account allows you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Open a brokerage account

Now that you've chosen the best brokerage, it's time to fill out some personal info so you can buy IBN stock today.

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  2. Input your personal info to create your new trading account.
  1. Submit your details by clicking the "Create Account" button.
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Step 3: Deposit money your brokerage account

Now that you have finished signing up on the best stock app to use, your next step is to transfer the money for your investment:

Watch the tutorial below if you need help depositing money into your new investment account.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Research Icici Bank stock

Once you have selected the best place to buy Icici Bank stock, it's crucial to research their stock before you buy, so you actually wrap your head around the risk and upside.

Icici Bank stock quick numbers

IBN Price
$26.41
1w %
1.66%
1y %
25.7%
5y %
131.46%
P/E
22.19x
P/B
3.54x
P/S
4.07x
PEG
2.67x
Revenue
$22.67B
Earnings
$4.14B
Fore. Rev. Growth
-22.96%
Fore. Earn. Growth
9.24%
Market Cap
$92.21B
Next Earnings
May 6, 2024
Next Dividend
N/A

IBN Overview

WallStreetZen was created to help everyday investors perform better fundamental analysis in minutes instead of hours.

You can view all of the due diligence checks on IBN's stock page.

What is the fair value of IBN stock?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge IBN's true value.

Using relative valuations methods:

  • IBN may be undervalued based on its P/E ratio of 22.19x, relative to Banks - Regional industry P/E ratio of -10.33x
  • IBN could be overvalued based on its P/B ratio of 3.54x, relative to Banks - Regional industry P/B ratio of 1.02x
  • IBN may be overvalued based on its PEG ratio of 2.67x

You can do more valuation analysis on IBN's stock here.

IBN Financial Health

Passed Health Checks:

  • IBN profit margin has gone up from 15.9% to 18.3% in the past year.
  • Total IBN debt is lower than 5 years ago, relative to shareholder equity.

Failed Health Checks:

  • IBN has a relatively high debt to equity ratio of 8.16.

You can dig deeper into what analysts are forecasting on the Icici Bank stock forecast page.

IBN Trading Indicators

SMA10
26
SMA20
26.1
SMA50
25.22
SMA100
24.32
SMA200
23.76
MACD
0.22
MACD Signal
0.26
MACD Histogram
-0.05
RSI
63.26
Stochastic %K
49.97
Stochastic %D
31.89
StochRSI %K
42.91
StochRSI %D
19.65

How are IBN Revenues/Earnings doing?

Last year, IBN earnings were $4.14B. During the past five year, IBN's earnings have increased by 26.37% per year. This was faster than the Banks - Regional industry average of 15.56%.

Last year, IBN revenue was $22.67B. Over the last 5 year, IBN's revenue has grown by 4.39% per year. This was slower than the Banks - Regional industry average of 7.23%.

Dive into IBN's earnings and revenue performance here.

Latest Insiders Trades at IBN

Over the last 12 months, insiders at IBN have not bought or sold any shares.

Dig into more about who owns IBN stock here.

Can I rely on IBN as an income stream?

Icici Bank pays a dividend of 0.74%, compared to the Banks - Regional industry's average dividend yield of 3.68%. If you owned $1,000 worth of IBN stock, you would have received $7.38 last year.

Icici Bank dividend payments have consistently grown over the past decade but have not remained stable.

Get more analysis about Icici Bank dividend yield and history here.

IBN Social Trading Data

One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.

Click below to learn what other community members have to say.

Step 5: Make your IBN trade

You have two main options:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are mostly the easiest way to buy.
  • 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, use a limit order.

Hit the Open button and eToro will execute your order.

If you want more help investing in stocks on eToro, click the helpful video below:

Open eToro Account

Step 6: Get the latest news on your IBN investment

Now that you own some IBN stock, you'll want to stay up-to-date on your new stock purchase.

Put IBN on a watchlist to get notified of the latest news 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:

  1. Choose where to buy Icici Bank stock
  2. Open a brokerage account
  3. Deposit money your brokerage account
  4. Research Icici Bank stock
  5. Make your IBN trade
  6. Get the latest news on your IBN investment

If you require a brokerage account, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep tabs on your new investment in Icici Bank, click below.

NYSE: IBN
$26.41+0.44 (+1.69%)
Updated Mar 28, 2024
Open eToro Account
NYSE: IBN
$26.41+0.44 (+1.69%)
Updated Mar 28, 2024
Open eToro Account

FAQ

How much does it cost to buy one Icici Bank share?

As of Mar 28, 2024, it costs $26.41 to buy one share of Icici Bank stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.379 shares of IBN.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Icici Bank stock?

One way to place an order for Icici Bank stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.