IBN vs. ITUB: ICICI Bank vs. Itaú Unibanco Stock Comparison

Company Profile

ICICI Bank (IBN) and Itaú Unibanco (ITUB) are both classified in the Diversified Banks sub-industry within the broader Banks industry, placing them in the closest GICS peer bucket.

Both ICICI Bank (IBN) and Itaú Unibanco (ITUB) 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

Both companies show strong equity returns, but Itaú Unibanco (ITUB) at 20.96% is the standout with ROE above its industry range; ICICI Bank (IBN) at 16.49% also sits in the top quartile.

Both ICICI Bank (IBN) at 27.85% and Itaú Unibanco (ITUB) at 32.46% 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 ICICI Bank (IBN) in Banks and Itaú Unibanco (ITUB) 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 Itaú Unibanco (ITUB) at 4.21% drops into the bottom quartile, signaling weaker demand or pricing momentum.

Both ICICI Bank (IBN) at 5.10% and Itaú Unibanco (ITUB) at 9.21% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

Growth Metrics

Financial Strength

current ratio doesn’t apply on either side: ICICI Bank (IBN) in Banks and Itaú Unibanco (ITUB) 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: ICICI Bank (IBN) in Banks and Itaú Unibanco (ITUB) 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 Itaú Unibanco (ITUB) reports a yield of 40.54%, ranking against industry peers normally.

ICICI Bank (IBN) at 14.16% retains more earnings than its industry usually does; Itaú Unibanco (ITUB) at 70.75% distributes an above-typical share — opposite departures from the band, with the risk sitting on ITUB’s side.

Dividend Metrics

Valuation

Itaú Unibanco (ITUB) at 9.12 sits in the cheaper P/E ratio quartile, while ICICI Bank (IBN) at 19.26 trades above its peer range — a wide earnings-valuation gap relative to industry peers.

P/S ratio is set aside for both ICICI Bank (IBN) in Banks and Itaú Unibanco (ITUB) 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.

Both look rich against book: Itaú Unibanco (ITUB) at 1.79 sits in the upper P/B ratio quartile, and ICICI Bank (IBN) at 2.94 prices even higher, above its industry range.

Valuation Metrics