ICICI Bank share price today

ICICI Bank Ltd's share price was ₹1,424.10 at the close on 4 November 2026. It has been rising for 14 weeks. That is 4.3% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹1,216 and ₹1,444, and at that close it sat 91% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today ICICI Bank Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 5 weeks in a row.

Over the last 11 years the share price moved +633% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: revenue up on a year earlier for 12 quarters in a row (every quarter we can compare), highest quarterly profit in 16 quarters and highest quarterly revenue in 16 quarters.

1. Revenue up on a year earlier for 12 quarters in a row (every quarter we can compare)

   In the September 2026 quarter revenue was ₹55,992 crore, +16.2% on a year earlier.

   Why: Revenue rose because the bank made many more loans, helped by deposits from Indians living abroad, and it earned more fees.

   Next results: check whether the bank lends out its extra cash during the busy credit season, as management expects.

   From the earnings call on 17 Oct 2026.

2. Highest quarterly profit in 16 quarters

   Profit of ₹17,389 crore in the September 2026 quarter is the highest of the last 16 quarters.

   Why: Profit hit a record because the bank earned more fees, mostly from retail, rural and business customers.

   Next results: check how much the gap between what the bank earns on loans and pays on deposits shrinks in the December quarter and whether it recovers after that.

   From the earnings call on 17 Oct 2026.

3. Highest quarterly revenue in 16 quarters

   Revenue of ₹55,992 crore in the September 2026 quarter is the highest of the last 16 quarters.

   Why: Revenue hit a record because the bank made many more loans, helped by deposits from Indians living abroad, and it earned more fees.

   From the earnings call on 17 Oct 2026.

For July to September 2026 (the quarter ended 30 September 2026), ICICI Bank reported total income of ₹55,992 crore, up 16.2% from ₹48,181 crore a year earlier, and a profit of ₹17,389 crore, up 21.4% from ₹14,318 crore.

ICICI Bank results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

ICICI Bank's management discussed these results on a call held on 17 October 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 September 2026). Income and profit in ₹ crore.

ICICI Bank closed at ₹1,424.10 on 4 November 2026, up 6.0% from ₹1,343.00 a year earlier (7 November 2025) and up 82.1% over five years. Its highest weekly close since March 2016 was ₹1,477.10 on 25 July 2025.

ICICI Bank share price: then and now

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

562 weekly closes from 11 March 2016 to 4 November 2026.

4 Nov 2026: ICICI Bank closed at ₹1,424.10, up 1.9% on the week and up 8.7% on the month. 17 Oct 2026: ICICI Bank held its results call for July to September 2026. Management guided: Q3 margin moderation on full FCNR averaging and lower CASA, then healthy Q4 pickup even at current rates.

Earlier

• Results for July to September 2026: Total income up 16.2% and profit up 21.4% on a year earlier.
• 3 Aug 2026: ex-date for a dividend of ₹12 a share.

ICICI Bank paid ₹12 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.84% at the ₹1,424.10 close on 4 November 2026. The last was a dividend of ₹12 a share, ex-date 3 August 2026.

ICICI Bank dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

Yes. ICICI Bank Ltd paid out 16% of its profit as dividends in FY26, and it paid a dividend in 12 of its last 13 reported years.

From the NSE corporate-actions record, read 5 November 2026.

On the call for July to September 2026, held on 17 October 2026, ICICI Bank's management guided: Q3 margin moderation on full FCNR averaging and lower CASA, then healthy Q4 pickup even at current rates.

“No, we do not optimize for one metric; we solve for sustainable earnings growth.”Anindya, on the call for July to September 2026

What management guided

• Excess liquidity deployment over next 2 quarters aided by seasonally strong credit growth.
• Normalized credit cost ceiling up to 50 basis points after large recovery, FCNR provisions and KCC seasonality.
• Jewel volumes to pick up after RBI-guideline alignment completes following sequential moderation.
• Agricultural provision review update over next 2 quarters to regulator satisfaction.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for July to September 2026, 17 October 2026.

What is changing at ICICI Bank, from the latest results and calls: granular business banking and sme acceleration, rural and gold loan deepening and deposit franchise resilience and predictable repricing.

• Deposit Franchise Resilience and Predictable Repricing. Average deposits grew 14.0% on a year earlier with average CASA up 12.1%, containing cost of deposits at 4.4%. ✓ fact
• Operating Leverage via Technology and Distribution. Core operating profit grew 15.6% on a year earlier versus 10.4% operating expense growth in April to June 2026. ✓ fact

We check 16 kinds of change in every company, such as costs spread over more sales, higher-value products, new orders, new regions or falling debt, against its reported numbers and what management said on its calls. Only changes the numbers back are shown.

Our read after the April to June 2026 results, written 22 August 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.

A simultaneous deterioration in Net NPA exceeding 0.75%, accompanied by sequential NIM compression below 4.10% without offsetting deposit cost relief, or an adverse regulatory outcome requiring incremental capital charges on the agricultural lending book.

Each change stops working if

• Granular Business Banking and SME Acceleration: SME delinquency rates escalate or competitive pricing pressure compresses asset spreads below 3.0%.
• Rural and Gold Loan Deepening: Adverse monsoon cycles induce widespread farmer distress or gold price volatility weakens collateral coverage.
• Deposit Franchise Resilience and Predictable Repricing: System liquidity deficits force deposit rate escalation or institutional CASA runoff accelerates.
• Operating Leverage via Technology and Distribution: IT expenditure escalation or wage revisions push cost-to-income ratio above 45%.

The main risks

• Floating-Rate Asset Repricing Sensitivity: 57% of domestic advances are external-benchmark linked, exposing yields to policy rate cuts. ⚠ estimate
• Credit Card and Retail Unsecured Stagnation: Credit card book contracted 1.9% on a year earlier in April to June 2026 following structural decline in revolvers. ⚠ estimate
• Normalization of Credit Costs Post NCLT Recovery: Reported credit cost of 32 basis points in April to June 2026 was flattered by lumpy NCLT recoveries versus 50 basis points normalized. ⚠ estimate
• Institutional Foreign Ownership Outflows: FII stake declined from 46.77% in Jun 2025 to 43.87% in Dec 2025. ⚠ estimate

Our read after the April to June 2026 results, written 22 August 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.

When ICICI Bank reports October to December 2026, these are the 3 checks that show whether the story is still on course. First: Q3 margin trough depth and Q4 rebound pace as full FCNR averaging flows through - per guided transient dilution path.

ICICI Bank is on 2 of our India lists: Nifty 50 companies and Bank stocks.

ICICI Bank Ltd earned ₹17,389 Cr of net profit in the Sep 2026 quarter, +21.4% on the same quarter a year earlier. That is the 3rd quarter in a row of profit growth. Full-year FY26 profit was ₹57,936 Cr. Over 10 years profit has grown 18.2% a year on average. That is 31.1% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹14,318 Cr.

For the full year, FY26 profit was ₹57,936 Cr (+6.2% on the year before).

Why profit moved: revenue changed +16.2% on a year earlier and the margin moved +1.4 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed +10.1% and revenue +7.0%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

FY27-Q1. revenue ₹52,241 Cr and profit ₹16,276 Cr as reported.

FY27-Q2. revenue ₹55,992 Cr and profit ₹17,389 Cr as reported.

Why-sources: our stock research file (22 August 2026) and the company’s own results for those quarters.

ICICI Bank Ltd reported ₹55,992 Cr of income in the Sep 2026 quarter, +16.2% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 10 years it has grown 12.7% a year on average. The last full year, FY26, came in at ₹1,95,218 Cr.

For a bank, revenue is everything it earns: interest on its loans plus fees and other income.

The last four reported quarters add to ₹2,06,191 Cr.

FY26 revenue was ₹1,95,218 Cr, +4.8% on the year before.

Recent pace: the last four quarters grew +7.0% on average, against 12.7% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +7.0%, against +8.7% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +10.3%, against +12.0% a year (stabilising).

FY27-Q1. revenue ₹52,241 Cr and profit ₹16,276 Cr as reported.

FY27-Q2. revenue ₹55,992 Cr and profit ₹17,389 Cr as reported.

Why-sources: our stock research file (22 August 2026) and the company’s own results for those quarters.

ICICI Bank Ltd's net margin was 31.1% in the Sep 2026 quarter, 1.4 percentage points higher than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 13 years it has been between 7.9% and 29.7%. The latest quarter is above every full year in that period.

Net margin is what the bank keeps from every ₹100 of revenue after every cost, provision for bad loans and tax. It is the clearest single margin we can read for a lender.

Why this happened. The bank is capitalizing on ecosystem banking, digital onboarding, and merchant acquiring to expand its Business Banking portfolio, which grew 28.2% YoY and 6.9% QoQ to become a principal balance sheet pillar. The segment offers superior risk-adjusted yields with granular collateralization, dampening credit volatility relative to unsecured retail.

Why: the net margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason.

As noted under valuation: when margins are at a record, every ratio built on profit looks better than usual, so a low multiple can mislead.

FY27-Q1. revenue ₹52,241 Cr and profit ₹16,276 Cr as reported.

FY27-Q2. revenue ₹55,992 Cr and profit ₹17,389 Cr as reported.

Why-sources: our stock research file (22 August 2026) and the company’s own results for those quarters.

ICICI Bank Ltd does not report loan-quality figures this page can read, so this section says so rather than guess. No bad-loan figures are filed in a form this page can read, and none are guessed from the profit line. The income, margin and return sections carry what this business does report.

Gross NPA is the share of the loan book where repayments have stopped. Net NPA is what is left after the money the lender has already set aside for those loans. Falling is good; rising is a warning.

Why: loan quality drives a lender, but its details (new bad loans, recoveries, money set aside) are not in our data for this company. The sections around this one carry what we can back up.

ICICI Bank Ltd's revenue was ₹1,95,218 Cr in FY26, +4.8% on the year before, so the loan book is growing. The latest quarter was +16.2% on a year earlier. The net margin on that income is 31.1%, +1.4 percentage points on a year ago.

We read the loan book through revenue: when the book grows, revenue grows with it. It is only a rough guide, because interest-rate changes and fee swings can move it a few points in any year.

Interest income stands in for the size of the loan book; changes in interest rates can move it a few points in any year.

In short: a lender grows well when its loan book grows, its margin stays steady and its loans stay clean. Gross NPA is the loan-quality figure this page uses.

ICICI Bank Ltd's P/BV is 2.6×, in the middle of its own history: higher than 45% of past readings. Its usual P/BV (the middle reading) is 2.8×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

For a bank or lender we compare the price with book value, the net worth on its balance sheet. P/BV is how many rupees the market pays for each ₹1 of that net worth. Below 1× means the market values it at less than its net worth.

Keep one thing in mind: the net margin is the best this company has ever reported. A multiple that looks low against its own past can mislead when profit is at a record. If margins fall back, today's multiple is higher than it looks.