IBN vs. MUFG: ICICI Bank vs. Mitsubishi UFJ Financial Stock Comparison

Company Profile

ICICI Bank (IBN) and Mitsubishi UFJ Financial (MUFG) 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 Mitsubishi UFJ Financial (MUFG) 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 Mitsubishi UFJ Financial (MUFG) at 9.46% is in the bottom quartile, showing a clear gap in returns on equity.

Both ICICI Bank (IBN) at 27.85% and Mitsubishi UFJ Financial (MUFG) at 27.45% 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 Mitsubishi UFJ Financial (MUFG) in Banks, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.

Profitability Metrics

Growth

Both ICICI Bank (IBN) at 9.13% and Mitsubishi UFJ Financial (MUFG) at 9.98% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

Mitsubishi UFJ Financial (MUFG) at 33.15% sits in the top EPS growth quartile, while ICICI Bank (IBN) at 5.10% is closer to the peer norm — faster per-share earnings growth for MUFG.

Growth Metrics

Financial Strength

current ratio doesn’t apply on either side: ICICI Bank (IBN) in Banks and Mitsubishi UFJ Financial (MUFG) 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 Mitsubishi UFJ Financial (MUFG) 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 Mitsubishi UFJ Financial (MUFG) reports a yield of 406.81%, ranking against industry peers normally.

Mitsubishi UFJ Financial (MUFG) at 34.74% keeps its payout within the industry’s typical band; ICICI Bank (IBN) at 14.16% pays out less than peers usually do, retaining more of its earnings — a policy difference more than a quality gap.

Dividend Metrics

Valuation

Mitsubishi UFJ Financial (MUFG) at 13.71 is near its industry’s usual P/E ratio, while ICICI Bank (IBN) at 19.26 sits above its peer range — an unusually expensive price for IBN’s trailing earnings.

P/S ratio is set aside for both ICICI Bank (IBN) in Banks and Mitsubishi UFJ Financial (MUFG) 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: Mitsubishi UFJ Financial (MUFG) at 1.64 sits in the upper P/B ratio quartile, and ICICI Bank (IBN) at 2.94 prices even higher, above its industry range.

Valuation Metrics