HDB vs IBN Stock Comparison: AI Score, Valuation, Performance and Upside
Both HDB and IBN are among the highest-quality private sector banks in India, offering investors exposure to India's long-term financial inclusion and credit growth story. HDFC Bank is generally viewed as the quality benchmark with exceptional historical metrics, while ICICI Bank has been recognized for a strong profitability recovery and return improvement trajectory.
HDB vs IBN compares India's two leading private sector banks, both poised to benefit from India's expanding middle class and underpenetrated credit market, with different franchise histories and current financial trajectories.
IBN holds the edge across 4 of 5 key metrics in this comparison. IBN leads on both 1-year return (-11.46%) and forward P/E quality (15.13x vs 16.64x for HDB), a relatively favorable combination of momentum and valuation. On fundamentals, HDB is growing revenue faster (16.60%), while IBN maintains the higher operating margin (38.51%) — a classic growth-versus-profitability split. Analyst consensus implies similar upside for both: +32.88% for HDB and +29.93% for IBN.
Human Wall Street analysts' price targets, typically implying a ~12-month view — a separate signal from this site's own AI Prediction Signal further down the page, which is a 5-/30-day machine-learning forecast based on price history alone.
- Want exposure to India's historically highest-quality private sector bank franchise
- Value HDFC Bank's exceptional long-term track record of asset quality and profitability
- See the HDFC Ltd. merger integration as a near-term headwind with long-term strategic value
- Want exposure to India's improving large-cap private bank with strong return trajectory
- Believe ICICI Bank's profitability improvement and ROE expansion still has room to run
- Value the broader ICICI financial services ecosystem including insurance and asset management
| Metric | HDB | IBN |
|---|---|---|
| AI scorei | 40.9 | 52.4 |
| AI ranki | #1101 | #394 |
| Latest closei | $23.16 | $28.15 |
| 1M returni | 0.00% | -4.38% |
| 6M returni | -8.78% | +8.84% |
| 1Y returni | -34.98% | -11.46% |
How much would $10,000 be worth today if invested at the start of each period, with all dividends reinvested?
| Period | HDB | IBN |
|---|---|---|
| 1Y ago | $6.5K (-35.0%) started 2025-09-18 | $8.93K (-10.7%) started 2025-09-18 |
| 5Y ago | $7.27K (-27.3%) started 2021-09-20 | $15.86K (+58.6%) started 2021-09-20 |
| 10Y ago | $15.61K (+56.1%) started 2016-09-19 | $43.01K (+330.1%) started 2016-09-19 |
Hypothetical — past performance does not guarantee future results.
| Metric | HDB | IBN |
|---|---|---|
| Market capi | $119.02B | $101.03B |
| Trailing P/Ei | 16.20 | 17.48 |
| Forward P/Ei | 16.64 | 15.13 |
| Price/Salesi | 0.04 | 0.05 |
| EV/Revenuei | 1.39 | 0.88 |
| Analyst targeti | $30.78 | $36.58 |
| Target upsidei | +32.88% | +29.93% |
| Metric | HDB | IBN |
|---|---|---|
| Revenue growthi | 16.60% | 11.40% |
| Earnings growthi | 18.10% | 13.80% |
| EPS growthi | +18.10% | +13.80% |
| FCF margini | N/A | N/A |
| Operating margini | 33.29% | 38.51% |
| Profit margini | 26.79% | 27.53% |
| ROIC proxyi | 13.84% | 16.07% |
| Return on equityi | 13.84% | 16.07% |
| Dividend yieldi | 1.76% | 0.89% |
| Payout ratioi | 24.13% | 14.20% |
| Dividend growth streaki | 1 yr | 4 yrs |
| Betai | 0.40 | 0.26 |
| Debt/equityi | N/A | N/A |
| Current ratioi | N/A | N/A |
| Quick ratioi | N/A | N/A |
Over the past year, HDB and IBN have moved moderately in the same direction (correlation of 0.60), based on daily returns.
Lower drawdown and smaller single-period drops generally indicate a smoother ride, though they do not guarantee lower future risk.
| Period | Metric | HDB | IBN |
|---|---|---|---|
| 1Y | Growthi | -34.98% | -11.46% |
| CAGRi | -35.00% | -11.47% | |
| Volatilityi | 29.02% | 21.98% | |
| Sharpe ratioi | -1.50 | -0.65 | |
| Sortino ratioi | -1.95 | -0.91 | |
| Max drawdowni | 41.26% | 23.50% | |
| Current drawdowni | 37.71% | 13.83% | |
| Avg drawdowni | 20.64% | 10.92% | |
| Ulcer Indexi | 25.17% | 12.35% | |
| Max daily dropi | 10.54% | 5.89% | |
| Max wkly dropi | 12.50% | 7.68% | |
| 5Y | Growthi | -32.05% | +52.52% |
| CAGRi | -7.45% | +8.82% | |
| Volatilityi | 27.51% | 23.51% | |
| Sharpe ratioi | -0.31 | 0.29 | |
| Sortino ratioi | -0.41 | 0.41 | |
| Max drawdowni | 43.98% | 26.24% | |
| Current drawdowni | 40.59% | 16.85% | |
| Avg drawdowni | 17.52% | 7.69% | |
| Ulcer Indexi | 20.05% | 9.81% | |
| Max daily dropi | 10.54% | 9.00% | |
| Max wkly dropi | 14.59% | 15.82% | |
| 10Y | Growthi | +41.90% | +307.84% |
| CAGRi | +3.56% | +15.10% | |
| Volatilityi | 29.51% | 31.33% | |
| Sharpe ratioi | 0.11 | 0.46 | |
| Sortino ratioi | 0.16 | 0.68 | |
| Max drawdowni | 54.28% | 55.05% | |
| Current drawdowni | 40.59% | 16.85% | |
| Avg drawdowni | 15.59% | 9.90% | |
| Ulcer Indexi | 19.16% | 14.08% | |
| Max daily dropi | 16.27% | 13.97% | |
| Max wkly dropi | 30.55% | 32.88% |
| Category | HDB | IBN |
|---|---|---|
| Company | HDFC Bank Limited | ICICI Bank Limited |
| Sector | Financials - Indian Private Sector Banking | Financials - Indian Private Sector Banking |
| Industry | Banks - Regional | Banks - Regional |
| Core business | HDFC Bank is India's largest private sector bank by assets, providing retail banking, wholesale banking, treasury, and financial services across a vast branch and digital banking network in India. | ICICI Bank is one of India's largest private sector banks, providing retail, business, and corporate banking along with insurance, asset management, and other financial services through its subsidiaries. |
| Investor focus | Investors track HDFC Bank's loan growth and asset quality trends post-merger with HDFC Ltd., net interest margin, and deposit growth as the bank integrates its mortgage finance parent. | Investors track ICICI Bank's improving return on assets and return on equity trajectory, loan growth across retail and business banking, and asset quality improvement as credit culture has strengthened. |
- India's largest private sector bank with exceptional historical asset quality and profitability
- Strong retail franchise with diversified loan book across home loans, auto, personal, and business banking
- Integration with HDFC Ltd. creates a more comprehensive housing finance and banking platform
- Among the fastest-improving large Indian private banks in terms of return on equity and profitability
- Diversified financial services ecosystem including banking, insurance, and asset management
- Significant loan book growth across retail and business banking categories
- Post-merger integration with HDFC Ltd. created temporary net interest margin and loan-to-deposit ratio pressures
- Must accelerate deposit growth to fund expanded loan book following the HDFC Ltd. merger
- Premium valuation reflects franchise quality expectations that must be sustained
- Credit quality and provisioning trends are closely monitored as ICICI has navigated a historical period of asset quality cleanup
- Competition from HDFC Bank and Kotak Mahindra Bank in retail and business banking
- Both HDB and IBN are traded as ADRs in the U.S., adding currency and ADR-specific liquidity considerations
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