ICICI Bank fourth-quarter profit dives 50 percent, bad loan provisions surge [Reuters]
ICICI Bank Limited (IBN)
US:NYSE Investor Relations:
icicibank.com/aboutus/invest-relations.page
Company Research
Source: Reuters
ICICI Bank fourth-quarter profit dives 50 percent, bad loan provisions surge | Reuters Reuters Staff 1 Min Read (Reuters) - ICICI Bank Ltd, India’s third-largest lender by assets, posted a near 50 percent drop in its fourth-quarter net profit as its provisions for bad loans surged. Net profit for the three months to March 31 fell to 10.20 billion rupees ($151.94 million) from 20.25 billion rupees a year earlier, the bank said in a statement on Monday. Twelve analysts on average had expected the company to post a net profit of 10.77 billion rupees, according to Thomson Reuters data. Gross bad loans as a percentage of total loans was 8.84 percent at the end of March, compared with 7.82 percent at the end of the previous quarter and 7.89 percent a year earlier. ($1 = 67.1300 Indian rupees) Reporting by Vishal Sridhar in Bengaluru All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2018 Reuters. All Rights Reserved.
Show less
Read more
Impact Snapshot
Event Time:
IBN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
IBN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
IBN alerts
High impacting ICICI Bank Limited news events
Weekly update
A roundup of the hottest topics
IBN
News
- ICICI Lombard's Q4 profit rises on higher premiums earned [Reuters]Reuters
- India swaps suggest cenbank now likely to hold rates through 2024 [Reuters]Reuters
- India's Vishal Mega Mart Said to Pick Kotak, ICICI for Mega IPO [BNN Bloomberg (Canada)]BNN Bloomberg
- IOPP: Investing In India With A Hedge Fund Manager [Seeking Alpha]Seeking Alpha
- Goldman Sees Indian Banks' Profitability Coming Under Pressure [BNN Bloomberg (Canada)]BNN Bloomberg
IBN
Sec Filings
- 4/19/24 - Form 6-K
- 4/19/24 - Form 6-K
- 4/19/24 - Form 6-K
- IBN's page on the SEC website