IBN vs. RY, MUFG, HDB, TD, SMFG, SAN, BBVA, BMO, ING, and CM
Should you be buying ICICI Bank stock or one of its competitors? The main competitors of ICICI Bank include Royal Bank of Canada (RY), Mitsubishi UFJ Financial Group (MUFG), HDFC Bank (HDB), Toronto-Dominion Bank (TD), Sumitomo Mitsui Financial Group (SMFG), Banco Santander (SAN), Banco Bilbao Vizcaya Argentaria (BBVA), Bank of Montreal (BMO), ING Groep (ING), and Canadian Imperial Bank of Commerce (CM). These companies are all part of the "commercial banks, not elsewhere classified" industry.
ICICI Bank (NYSE:IBN) and Royal Bank of Canada (NYSE:RY) are both large-cap finance companies, but which is the better investment? We will compare the two companies based on the strength of their media sentiment, institutional ownership, community ranking, valuation, earnings, risk, dividends, profitability and analyst recommendations.
ICICI Bank pays an annual dividend of $0.17 per share and has a dividend yield of 0.6%. Royal Bank of Canada pays an annual dividend of $4.08 per share and has a dividend yield of 3.7%. ICICI Bank pays out 12.2% of its earnings in the form of a dividend. Royal Bank of Canada pays out 50.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.
18.2% of ICICI Bank shares are owned by institutional investors. Comparatively, 45.3% of Royal Bank of Canada shares are owned by institutional investors. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
Royal Bank of Canada received 447 more outperform votes than ICICI Bank when rated by MarketBeat users. However, 63.33% of users gave ICICI Bank an outperform vote while only 55.72% of users gave Royal Bank of Canada an outperform vote.
In the previous week, Royal Bank of Canada had 13 more articles in the media than ICICI Bank. MarketBeat recorded 18 mentions for Royal Bank of Canada and 5 mentions for ICICI Bank. Royal Bank of Canada's average media sentiment score of 1.23 beat ICICI Bank's score of 0.13 indicating that Royal Bank of Canada is being referred to more favorably in the news media.
Royal Bank of Canada has a consensus price target of $137.67, indicating a potential upside of 25.99%. Given Royal Bank of Canada's higher possible upside, analysts plainly believe Royal Bank of Canada is more favorable than ICICI Bank.
ICICI Bank has a net margin of 24.65% compared to Royal Bank of Canada's net margin of 12.12%. ICICI Bank's return on equity of 16.47% beat Royal Bank of Canada's return on equity.
ICICI Bank has a beta of 1, meaning that its stock price has a similar volatility profile to the S&P 500.Comparatively, Royal Bank of Canada has a beta of 0.85, meaning that its stock price is 15% less volatile than the S&P 500.
Royal Bank of Canada has higher revenue and earnings than ICICI Bank. Royal Bank of Canada is trading at a lower price-to-earnings ratio than ICICI Bank, indicating that it is currently the more affordable of the two stocks.
Summary
Royal Bank of Canada beats ICICI Bank on 11 of the 19 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding IBN and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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