ICICI Bank share news and Q4 2020 analysis

ICICI Bank Share News and Analysis

ICICI Bank share news and Q4 2020 analysis

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Quarterly	MAR 2020	MAR 2019
Interest Earned	21,740.68	19,503.73
Other Income	18,380.80	17,280.52
Total Income	40,121.48	36,784.25
Total Expenditure	31,545.80	29,363.84
Operating Profit (incl. Excep Items)	8,575.68	7,420.41
Provisions & Contigencies	6,598.21	5,739.72
PBT	1,977.47	1,680.69
Tax	364.25	153.22
Net Profit	1,613.22	1,527.47

NPA
Gross NPA	41,409.16	46,291.63
Gross NPA (%)	5.53	6.70
Net NPA	10,113.86	13,577.43
Net NPA (%)	1.41	2.06

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Profit to bank by difference in rate of interest that is called Net Interest Margin (NIM)

ICICI Bank Q4 2020 NIM – 3.87%

vs HDFC NIM – 4.30%

But last year for ICICI Bank Q4 2019 – 3.71%

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CASA Ratio – Current And Savings Account Ratio, tells how much amount is present in accounts.

If this amount is more it’s good for bank as interest rate is low.

CASA Q4 2020 – 45.1% (better)

vs HDFC – 42%

But last year for ICICI Bank Q4 2019 – 48.77%

good to have more than 40% for any bank.

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EPS 6.30% to 14.77%

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NPA & Provisions

6,598 crore provisioning number almost tripled, so when assets is booked as loss in books.

More Provisioning, make NPA less.

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Grow in income streams

Retail Banking growth more than 10%

Life Insurance growth about 5.5%

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Price to Book Value Ratio

P/BV – Price to Book Value: 2.10

vs HDFC: 2.31

vs Kotak Mahindra Bank: 3.57

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Disclaimer: These is only for educational purpose don’t use this information for investment, contact your financial advisor and make your own assessment before making any investment.