Private sector ICICI Bank is set to pay shareholders a final dividend of ₹11 per share for the fiscal year 2024-25. This is the highest dividend declared by the bank in the past 10 years. The announcement was made in April 2025, when the bank released its results for the January-March 2025 quarter and the full fiscal year 2025. The bank has now announced the record date for determining shareholder eligibility, which is fixed as August 12, 2025. Shareholders whose names appear as beneficial owners in the company’s register of members or in the depositories’ records by this date will be entitled to receive the dividend.
The bank has informed the stock exchanges that its 31st annual general meeting will be held on August 30. Shareholders’ approval for the final dividend will be sought at this meeting, and upon receiving the approval, the dividend payment will be made. ICICI Bank had paid a final dividend of ₹10 per share for the fiscal year 2023-24.
ICICI Bank shares have gained 56% in 2 years
ICICI Bank shares have a face value of ₹2. On Friday, June 27, the stock closed at ₹1,461.75 on the BSE. The bank’s market capitalization stands at ₹10.43 lakh crore. The share price has doubled over the past 3 years and risen by 56% in the last 2 years. Over the past year, it gained 20%, and in the last 6 months, it increased by nearly 12%. The entire 100% stake in the bank is held by public shareholders. Motilal Oswal has assigned a Buy rating to ICICI Bank shares with a target price of ₹1,650 per share.
ICICI Bank to increase its stake in ICICI Prudential AMC
The board of ICICI Bank recently approved purchasing up to an additional 2% stake in ICICI Prudential Asset Management Company Limited, subject to necessary approvals. Currently, ICICI Bank holds a 51% stake in the company, while the remaining 49% is owned by UK-based Prudential PLC.
Profit rises 18% in March quarter
ICICI Bank reported a standalone net profit of ₹12,629.58 crore for the January-March 2025 quarter, an increase of approximately 18% year-on-year from ₹10,707.53 crore a year earlier. Total income rose 14% annually to ₹49,690.87 crore, up from ₹43,597.14 crore the previous year. Net interest income increased by 11% to ₹21,193 crore, compared to ₹19,092.8 crore in the March 2024 quarter. For the full fiscal year 2025, the bank’s total income grew to ₹1,91,770.48 crore from ₹1,65,848.71 crore the previous year, while net profit rose to ₹47,226.99 crore from ₹40,888.27 crore in fiscal 2024.
In the March 2025 quarter, ICICI Bank’s gross NPA ratio declined to 1.67%, down from 2.16% a year ago and 1.96% in the October-December 2024 quarter. Similarly, the net NPA ratio fell to 0.39%, compared to 0.42% in both the March 2024 and December 2024 quarters.
Disclaimer: This article is just for information. It should not be treated as investment advice in any way. Investing in the stock market is based on risk. Be sure to consult your financial advisor before investing in the stock market.
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