Review ICICI Bank (NYSE:IBN) and Freedom Financial (OTCMKTS:FDVA)


ICICI Bank (NYSE: IBNGet a rating) and Freedom Financial (OTCMKTS: FDVAGet a rating) are both finance companies, but which is the better stock? We’ll compare the two companies based on earnings strength, dividends, analyst recommendations, valuation, profitability, risk, and institutional ownership.

Analyst Recommendations

This is a summary of recent ratings and recommendations for ICICI Bank and Freedom Financial, as provided by MarketBeat.

Sales Ratings Hold odds Buy reviews Strong buy odds Rating
ICICI Bank 0 0 0 0 N / A
Freedom Financial 0 0 0 0 N / A

Risk and Volatility

ICICI Bank has a beta of 1.04, suggesting that its stock price is 4% more volatile than the S&P 500. In contrast, Freedom Financial has a beta of 0.98, suggesting that its stock price is 2% less volatile than the S&P 500.

Profitability

This table compares the net margins, return on equity and return on assets of ICICI Bank and Freedom Financial.

Net margins Return on equity return on assets
ICICI Bank 22.23% 13.02% 1.41%
Freedom Financial 27.08% N / A N / A

Benefits and evaluation

This table compares the revenue, earnings per share and valuation of ICICI Bank and Freedom Financial.

Gross revenue Price/sales ratio Net revenue Earnings per share Price/earnings ratio
ICICI Bank $14.08 billion 4.42 $3.36 billion $0.88 20.34
Freedom Financial $41.28 million 2.38 $10.73 million $1.50 9.87

ICICI Bank has higher revenue and profit than Freedom Financial. Freedom Financial trades at a lower price-to-earnings ratio than ICICI Bank, indicating that it is currently the more affordable of the two stocks.

Insider and Institutional Ownership

18.8% of ICICI Bank shares are held by institutional investors. Strong institutional ownership indicates that large fund managers, hedge funds, and endowments believe a company will outperform the market over the long term.

Summary

ICICI Bank beats Freedom Financial on 8 out of 10 factors compared between the two stocks.

About ICICI Bank (Get a rating)

ICICI Bank Limited provides various banking products and financial services in India and abroad. It operates through the retail banking, wholesale banking, treasury, other banking, life insurance, general insurance and others segments. The company offers savings, salary, retirement, current and other accounts; and fixed, recurring and security deposits. It also offers home, car, two-wheeler, personal, gold and business loans, as well as title and other loans; business loans, such as working capital financing, term loans, unsecured loans, loans without financial elements, financing for importers and exporters and secured loans for credit cards, as well as loans for new entities, schools and colleges; and credit, debit, prepaid, travel and corporate cards. In addition, the company offers insurance products; pocket wallet; fixed income products; investment products, such as mutual funds, gold monetization schemes and initial public offerings, and other online investment services; and farmer finance, tractor loans and micro-banking services, as well as other services to agro-dealers and processors and agribusinesses. In addition, it provides portfolio management, trading, foreign exchange, locker, private and NRI banking and cash management services; family assets and demat accounts; commercial and investment banking, capital market, custody, project and technology finance, and institutional banking, as well as internet, mobile and telephone banking. In addition, the company offers investment, brokerage, trading and securities underwriting services; and investment banking, trusteeship, housing finance and pension fund management services. As of March 31, 2021, it had a network of 5,266 branches, 14,136 ATMs, 1,786 insta banking kiosks and 2,713 ATMs. ICICI Bank Limited was founded in 1955 and is headquartered in Mumbai, India.

About Freedom Financial (Get a rating)

Freedom Financial Holdings, Inc. operates as a bank holding company for Freedom Bank of Virginia which provides commercial, personal and mortgage banking solutions. The company offers personal and business checking accounts, business interest-bearing savings accounts, money market accounts, personal savings accounts, certificates of deposit and IRAs, as well as funds transfer services insured and certificate of deposit. It also offers commercial term, personal and mortgage loans; commercial lines of credit; commercial real estate mortgage and small business loan services; home equity margins; and credit cards. In addition, the company offers cash management, online and mobile banking, remote deposit capture, ACH, wire transfer and fraud prevention; business valuation, labor banking and merchant services; and premium banking services. It operates branches in Vienna, Fairfax, Chantilly, Reston and Manassas, Virginia. The company was founded in 2001 and is based in Fairfax, Virginia.



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