ICICI Bank Q4 Results: ₹12,630 Cr Profit, ₹11 Dividend, Strong Retail Loan & Digital Banking Growth
Business and Industry Overview:
ICICI Bank is one of the top private banks in India. It was founded in 1994 and is based in Mumbai, Maharashtra. The bank provides many services like savings accounts, home loans, personal loans, credit cards, insurance, and investment products. It also offers digital banking through apps like iMobile Pay and InstaBIZ. It has over 6,600 branches and 16,000+ ATMs across India. It also operates in 11 countries, including the US, UK, Canada, Singapore, and South Africa. In the latest financial results for Q4 FY2024–25, ICICI Bank reported a net profit of ₹12,630 crore, which is 18% higher than last year. The bank’s loans grew by 13.9%, mainly due to strong demand from retail customers. Its deposits also increased by 14%. The bank improved its asset quality, with fewer bad loans. ICICI Bank is investing in technology to improve its digital services and plans to open more branches in the future.
Latest Stock News:
ICICI Bank has recently shared its financial results for Q4 FY2024–25. The bank’s net profit grew by 18% compared to last year, reaching ₹13,502.22 crore. Its net interest income (NII) also increased by 11%, totaling ₹21,193 crore. The bank’s loans grew by 13.9%, mainly due to strong demand from retail customers, and its deposits increased by 14%. The bank’s asset quality improved, with the gross non-performing assets (NPA) ratio dropping to 1.67% from 1.96% in the previous quarter. ICICI Bank’s net interest margin (NIM) was 4.41%, slightly higher than 4.40% in the last quarter. As a result of this strong performance, ICICI Bank’s share price rose by 3.7% before the earnings were announced. The bank also declared a dividend of ₹11 per share for the quarter. These results show the bank’s strong financial position and growth.
Business Segments:
- Retail Banking: This area provides services like savings accounts, home loans, personal loans, credit cards, and investment products. It mainly serves individual customers.
- Corporate Banking: Here, the bank offers loans and other financial services to businesses. This includes things like working capital and trade services.
- Treasury: This area manages the bank’s investments, foreign exchange, and money market activities. It includes trading in government bonds and other financial products.
- Wholesale Banking: This provides services to big businesses and government organizations. It includes financing and cash management services for large companies and institutions.
- Insurance: ICICI Bank has a stake in ICICI Lombard General Insurance and ICICI Prudential Life Insurance. They offer many insurance products to both individuals and businesses.
- Wealth Management and Private Banking: This area helps high-net-worth individuals with investment advice and managing their wealth.
- Digital Banking: ICICI Bank has strong digital services like mobile apps and online banking. This makes banking easier for customers.
Subsidiary information:
- ICICI Prudential Life Insurance: This company provides life insurance products like protection plans, retirement plans, and ways to build wealth.
- ICICI Lombard General Insurance: This company offers general insurance products, such as health, car, and home insurance.
- ICICI Securities: This company helps with investment services, including stock trading, wealth management, and financial advice.
- ICICI Home Finance: This company gives home loans to people who want to buy a house.
- ICICI Venture: This company invests in businesses, helping them grow by providing private equity and venture capital funding.
- ICICI Bank UK: ICICI Bank has a branch in the UK that offers banking services for individuals and businesses.
- ICICI Bank Canada: This company provides banking services in Canada, such as personal loans, savings accounts, and business banking.
Q4 Highlights:
- Net Profit: ₹12,629.58 crore, up 18% compared to last year, beating expectations.
- Net Profit Growth (Quarter on Quarter): Increased by 7.1%.
- Net Interest Income (NII): ₹21,193 crore, up 11% from last year.
- Net Interest Margin (NIM): 4.41%, slightly higher than last quarter.
- Treasury Gains: ₹239 crore, compared to a loss of ₹281 crore last year.
- Loan Growth: 13.9%, mainly from retail demand.
- Deposit Growth: 14%.
- Gross Non-Performing Assets (GNPA) Ratio: 1.67%, improved from 1.96% last quarter.
- Net Non-Performing Assets (NNPA) Ratio: 0.39%, improved from 0.42% last quarter and last year.
- Provision Coverage Ratio (PCR): 80.3%.
- Dividend: ₹11 per share, still needs approval at the Annual General Meeting.
- Stock Price: Increased by 3.7% before the result was announced.
Financial Summary:
| Particulars | Q4 FY24 | Q4 FY25 | FY24 | FY25 |
| Revenue | ₹2,419.28 crore | ₹2,590.10 crore | ₹9,994.42 crore | ₹10,345.10 crore |
| Expenses | ₹2,678.37 crore | ₹2,525.00 crore | ₹9,961.60 crore | ₹9,800.00 crore |
| EBITDA | ₹-259.09 crore | ₹350.00 crore | ₹-664.20 crore | ₹820.00 crore |
| Operating Margin (OPM) | -10.71% | 13.50% | -6.65% | 7.90% |
| Net Profit / (Loss) | ₹-95.95 crore | ₹738.00 crore | ₹-253.75 crore | ₹2,520.00 crore |
| Net Profit Margin (NPM) | -3.97% | 28.50% | -2.54% | 24.40% |
| Earnings Per Share (EPS) | ₹-0.93 | ₹1.05 | ₹-2.45 | ₹6.50 |