FY2027 EPS Estimates for ICICI Bank Cut by Erste Group Bank

Posted by Brenda Bartman on Jul 22nd, 2026

ICICI Bank Limited (NYSE:IBN – Free Report) – Erste Group Bank decreased their FY2027 earnings per share (EPS) estimates for ICICI Bank in a report released on Wednesday, July 15th. Erste Group Bank analyst S. Lingnau now anticipates that the bank will earn $1.64 per share for the year, down from their previous forecast of $1.67. The consensus estimate for ICICI Bank’s current full-year earnings is $1.64 per share. Erste Group Bank also issued estimates for ICICI Bank’s FY2028 earnings at $1.89 EPS.

ICICI Bank (NYSE:IBN – Get Free Report) last released its quarterly earnings results on Saturday, July 18th. The bank reported $0.43 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.03. ICICI Bank had a return on equity of 13.88% and a net margin of 25.60%.The company had revenue of $3.33 billion for the quarter, compared to analyst estimates of $3.32 billion.

A number of other research analysts have also weighed in on IBN. Weiss Ratings lowered shares of ICICI Bank from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, May 8th. Wall Street Zen raised shares of ICICI Bank from a “strong sell” rating to a “sell” rating in a research report on Saturday, April 25th. Finally, Zacks Research upgraded shares of ICICI Bank from a “strong sell” rating to a “hold” rating in a report on Monday, July 6th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Check Out Our Latest Analysis on ICICI Bank

ICICI Bank Price Performance

NYSE IBN opened at $30.03 on Monday. The business has a 50 day simple moving average of $27.68 and a 200 day simple moving average of $28.34. ICICI Bank has a 52-week low of $25.08 and a 52-week high of $34.54. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.02 and a current ratio of 1.04. The stock has a market cap of $107.73 billion, a price-to-earnings ratio of 19.01, a PEG ratio of 1.64 and a beta of 0.43.

Institutional Trading of ICICI Bank

Institutional investors have recently made changes to their positions in the business. Morgan Stanley grew its position in ICICI Bank by 8.0% in the fourth quarter. Morgan Stanley now owns 53,772,858 shares of the bank’s stock valued at $1,602,431,000 after purchasing an additional 3,974,437 shares in the last quarter. Temasek Holdings Private Ltd increased its stake in ICICI Bank by 11.3% in the 4th quarter. Temasek Holdings Private Ltd now owns 29,195,789 shares of the bank’s stock valued at $870,035,000 after buying an additional 2,964,312 shares during the last quarter. Invesco Ltd. lifted its position in ICICI Bank by 4.1% during the 3rd quarter. Invesco Ltd. now owns 23,407,285 shares of the bank’s stock worth $707,602,000 after buying an additional 928,329 shares in the last quarter. Bank of America Corp DE lifted its position in ICICI Bank by 43.0% during the 1st quarter. Bank of America Corp DE now owns 12,932,141 shares of the bank’s stock worth $334,942,000 after buying an additional 3,889,449 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in shares of ICICI Bank by 1.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 11,733,336 shares of the bank’s stock worth $349,660,000 after buying an additional 135,945 shares during the last quarter. Institutional investors own 18.18% of the company’s stock.

Insiders Place Their Bets

In other news, Director Rakesh Jha sold 45,000 shares of the firm’s stock in a transaction that occurred on Thursday, April 23rd. The shares were sold at an average price of $14.49, for a total transaction of $652,050.00. Following the completion of the transaction, the director directly owned 120,875 shares of the company’s stock, valued at $1,751,478.75. This trade represents a 27.13% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

ICICI Bank Company Profile

(Get Free Report)

ICICI Bank Limited is an Indian multinational banking and financial services company that provides a broad range of products and services to retail, corporate and institutional customers. The bank traces its origins to the Industrial Credit and Investment Corporation of India, founded in 1955, and was converted into a commercial bank during the 1990s as part of its evolution into a full-service financial institution. It is one of India’s largest private-sector banks and is listed in the United States as an American depositary receipt under the ticker IBN.

The bank’s core activities include retail banking (deposit accounts, consumer loans, mortgages, credit cards and payments), corporate and commercial banking (working capital, term lending, trade finance and cash management), and treasury operations.