BSBR vs. IBN: Banco Santander (Brasil) vs. ICICI Bank Stock Comparison

Company Profile

Banco Santander (Brasil) (BSBR) and ICICI Bank (IBN) are both classified in the Diversified Banks sub-industry within the broader Banks industry, placing them in the closest GICS peer bucket.

Both Banco Santander (Brasil) (BSBR) and ICICI Bank (IBN) trade as ADRs — their core financials are comparable, but keep FX, depositary-program fees, and dividend withholding in view for each.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Risk-Adjusted Performance

Risk-Return Positioning

Risk-Adjusted Metrics

Profitability

ICICI Bank (IBN) at 16.49% sits in the top ROE quartile, while Banco Santander (Brasil) (BSBR) at 10.20% is closer to the peer norm — stronger capital efficiency for IBN.

Both Banco Santander (Brasil) (BSBR) at 27.53% and ICICI Bank (IBN) at 27.85% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

Neither side reports a meaningful operating margin: for Banco Santander (Brasil) (BSBR) in Banks and ICICI Bank (IBN) in Banks, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.

Profitability Metrics

Growth

ICICI Bank (IBN) at 9.13% is around its peer norm for revenue growth, while Banco Santander (Brasil) (BSBR) at -3.79% drops into the bottom quartile, signaling weaker demand or pricing momentum.

ICICI Bank (IBN) at 5.10% is around its peer norm for EPS growth, while Banco Santander (Brasil) (BSBR) at -4.61% drops into the bottom quartile, signaling weaker earnings momentum.

Growth Metrics

Financial Strength

current ratio doesn’t apply on either side: Banco Santander (Brasil) (BSBR) in Banks and ICICI Bank (IBN) in Banks both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.

debt-to-equity ratio is set aside for both: Banco Santander (Brasil) (BSBR) in Banks and ICICI Bank (IBN) in Banks run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.

Financial Strength Metrics

Dividends

ICICI Bank (IBN) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Banco Santander (Brasil) (BSBR) reports a yield of 5.60%, ranking against industry peers normally.

Banco Santander (Brasil) (BSBR) reports payout ratio above 100% at 143.10%, meaning dividends exceeded current-period earnings and sustainability needs extra context. Meanwhile ICICI Bank (IBN) reports 14.16%, ranking against industry peers normally.

Dividend Metrics

Valuation

Both look expensive on trailing earnings: Banco Santander (Brasil) (BSBR) at 14.97 sits in the richer P/E ratio quartile, and ICICI Bank (IBN) at 19.26 is richer still, above its industry range.

P/S ratio is set aside for both Banco Santander (Brasil) (BSBR) in Banks and ICICI Bank (IBN) in Banks: without a conventional revenue line, pricing per dollar of sales isn’t meaningful, and book- or earnings-based multiples make the better comparison.

Banco Santander (Brasil) (BSBR) at 0.34 prices below its industry’s P/B ratio range while ICICI Bank (IBN) at 2.94 prices above it — an unusually wide split in valuation relative to book.

Valuation Metrics