Here’s How Much You Would Have Made Owning ICICI Bank Stock In The Last 10 Years

ICICI Bank (NYSE:IBN) has outperformed the market over the past 10 years by 1.97% on an annualized basis producing an average annual return of 15.13%. Currently, ICICI Bank has a market capitalization of $112.24 billion.

Buying $1000 In IBN: If an investor had bought $1000 of IBN stock 10 years ago, it would be worth $4,282.62 today based on a price of $31.93 for IBN at the time of writing.

ICICI Bank’s Performance Over Last 10 Years

Finally -- what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.