ICICI Bank Limited (ICBA) - Net Assets
Based on the latest financial reports, ICICI Bank Limited (ICBA) has net assets worth €3.80 Trillion EUR (≈ $4.44 Trillion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€29.14 Trillion ≈ $34.07 Trillion USD) and total liabilities (€25.35 Trillion ≈ $29.64 Trillion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check ICICI Bank Limited tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €3.80 Trillion |
| % of Total Assets | 13.02% |
| Annual Growth Rate | 14.81% |
| 5-Year Change | 101.86% |
| 10-Year Change | N/A |
| Growth Volatility | 7.89 |
ICICI Bank Limited - Net Assets Trend (2017–2026)
This chart illustrates how ICICI Bank Limited's net assets have evolved over time, based on quarterly financial data. See ICBA defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for ICICI Bank Limited (2017–2026)
The table below shows the annual net assets of ICICI Bank Limited from 2017 to 2026. For live valuation and market cap data, see ICBA stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | €3.80 Trillion ≈ $4.44 Trillion |
+15.46% |
| 2025-03-31 | €3.29 Trillion ≈ $3.84 Trillion |
+21.74% |
| 2024-03-31 | €2.70 Trillion ≈ $3.16 Trillion |
+22.08% |
| 2023-03-31 | €2.21 Trillion ≈ $2.59 Trillion |
+17.63% |
| 2022-03-31 | €1.88 Trillion ≈ $2.20 Trillion |
+12.48% |
| 2021-03-31 | €1.67 Trillion ≈ $1.95 Trillion |
+28.84% |
| 2020-03-31 | €1.30 Trillion ≈ $1.52 Trillion |
+7.38% |
| 2019-03-31 | €1.21 Trillion ≈ $1.41 Trillion |
+3.60% |
| 2018-03-31 | €1.17 Trillion ≈ $1.36 Trillion |
+6.52% |
| 2017-03-31 | €1.09 Trillion ≈ $1.28 Trillion |
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Equity Component Analysis
This analysis shows how different components contribute to ICICI Bank Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €3.63 Trillion | 100.00% |
| Total Equity | €3.63 Trillion | 100.00% |
ICICI Bank Limited Competitors by Market Cap
The table below lists competitors of ICICI Bank Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Canadian Pacific Railway Ltd
TO:CP
|
$78.52 Billion |
|
Dell Technologies Inc
NYSE:DELL
|
$78.74 Billion |
|
Enterprise Products Partners LP
NYSE:EPD
|
$79.01 Billion |
|
Glencore PLC
JSE:GLN
|
$79.03 Billion |
|
Moodys Corporation
NYSE:MCO
|
$78.32 Billion |
|
IND.+COMM.BK CHINA ADR/20
F:ICKB
|
$78.13 Billion |
|
Mondelez International Inc
NASDAQ:MDLZ
|
$78.12 Billion |
|
AXA SA
F:AXAA
|
$78.11 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ICICI Bank Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 3,139,059,100,000 to 3,630,604,100,000, a change of 491,545,000,000 (15.7%).
- Net income of 542,077,000,000 contributed positively to equity growth.
- Dividend payments of 78,531,500,000 reduced retained earnings.
- New share issuances of 13,606,500,000 increased equity.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €542.08 Billion | +14.93% |
| Dividends Paid | €78.53 Billion | -2.16% |
| Share Issuances | €13.61 Billion | +0.37% |
| Other Changes | €14.39 Billion | +0.4% |
| Total Change | €- | 15.66% |
Book Value vs Market Value Analysis
This analysis compares ICICI Bank Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.05x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | €163.31 | €24.00 | x |
| 2018-03-31 | €172.11 | €24.00 | x |
| 2019-03-31 | €177.24 | €24.00 | x |
| 2020-03-31 | €189.97 | €24.00 | x |
| 2021-03-31 | €227.86 | €24.00 | x |
| 2022-03-31 | €262.00 | €24.00 | x |
| 2023-03-31 | €307.18 | €24.00 | x |
| 2024-03-31 | €364.78 | €24.00 | x |
| 2025-03-31 | €440.76 | €24.00 | x |
| 2026-03-31 | €507.03 | €24.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ICICI Bank Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 14.93%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 24.30%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 8.03x
- Recent ROE (14.93%) is above the historical average (11.80%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 9.74% | 12.97% | 0.08x | 9.42x | €-2.75 Billion |
| 2018 | 6.97% | 9.10% | 0.08x | 10.16x | €-33.51 Billion |
| 2019 | 3.72% | 4.62% | 0.07x | 10.84x | €-71.71 Billion |
| 2020 | 7.78% | 9.10% | 0.08x | 11.20x | €-27.30 Billion |
| 2021 | 11.67% | 15.49% | 0.08x | 9.99x | €26.26 Billion |
| 2022 | 13.79% | 21.58% | 0.07x | 9.63x | €69.05 Billion |
| 2023 | 15.87% | 25.09% | 0.07x | 9.13x | €125.87 Billion |
| 2024 | 17.28% | 28.85% | 0.06x | 9.23x | €186.42 Billion |
| 2025 | 16.26% | 24.82% | 0.08x | 8.42x | €196.39 Billion |
| 2026 | 14.93% | 24.30% | 0.08x | 8.03x | €179.02 Billion |
Industry Comparison
This section compares ICICI Bank Limited's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $4,683,940,575,600
- Average return on equity (ROE) among peers: 5.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ICICI Bank Limited (ICBA) | €3.80 Trillion | 9.74% | 6.68x | $78.49 Billion |
| Grupo Supervielle S.A (189A) | $16.97 Billion | -17.85% | 7.35x | $590.94 Million |
| WOORI FIN. GRP SP.ADR/3 (2WGA) | $35.90 Trillion | 8.60% | 13.65x | $11.06 Billion |
| Bank of Zhengzhou Co. Ltd (3BZ) | $39.89 Billion | 8.24% | 11.55x | $232.67 Million |
| Manx Financial Group PLC (3IM) | $22.43 Million | 8.62% | 10.94x | $35.36 Million |
| Postal Savings Bank of China Co Ltd (3YB) | $825.81 Billion | 10.32% | 16.03x | $12.62 Billion |
| PO.S.B.O. UNSP.ADRS/20YC1 (3YB0) | $825.81 Billion | 10.32% | 16.03x | $13.93 Billion |
| TISCO Financial Group Public Company Limited (47TA) | $42.45 Billion | 17.20% | 5.85x | $2.34 Billion |
| Bank of Qingdao Co. Ltd (4BQ) | $36.59 Billion | 8.42% | 13.47x | $1.31 Billion |
| Harbin Bank Co. Ltd (5H6) | $65.60 Billion | 1.40% | 12.97x | $113.12 Million |
| JAPAN POST BK UNSP.ADR/1 (5JP0) | $9.09 Trillion | 4.56% | 24.70x | $53.42 Billion |
About ICICI Bank Limited
ICICI Bank Limited, together with its subsidiaries, engages in the provision of various banking and financial services to retail and corporate customers in India and internationally. The company operates through Retail Banking, Wholesale Banking, Treasury, Other Banking, Life Insurance, General Insurance, and Others segments. It offers savings, salary, pension, current, trade, escrow, foreign cur… Read more