Contrasting of ICICI Bank Limited (IBN) and Unity Bancorp Inc. (NASDAQ:UNTY)

We are contrasting ICICI Bank Limited (NYSE:IBN) and Unity Bancorp Inc. (NASDAQ:UNTY) on their analyst recommendations, profitability, risk, institutional ownership, dividends, earnings and valuation. They both are Money Center Banks companies, competing one another.

Valuation & Earnings

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
ICICI Bank Limited N/A 0.00 N/A 0.28 38.70
Unity Bancorp Inc. 61.51M 3.55 22.43M 2.05 10.30

In table 1 we can see ICICI Bank Limited and Unity Bancorp Inc.’s gross revenue, earnings per share and valuation. When company has higher P/E means it is more expensive than its counterpart currently. ICICI Bank Limited’s currently higher P/E ratio means it is more expensive than Unity Bancorp Inc.

Profitability

Table 2 provides the net margins, return on assets and return on equity of the two firms.

Net Margins Return on Equity Return on Assets
ICICI Bank Limited 0.00% 0% 0%
Unity Bancorp Inc. 36.47% 16.5% 1.4%

Volatility & Risk

ICICI Bank Limited has a beta of 0.97 and its 3.00% less volatile than S&P 500. In other hand, Unity Bancorp Inc. has beta of 0.58 which is 42.00% less volatile than S&P 500.

Dividends

The annual dividend that ICICI Bank Limited pay is $0.02 per share with a dividend yield of 0.18%. On the other side, $0.28 per share with a dividend yield of 1.39% for Unity Bancorp Inc.

Institutional & Insider Ownership

The shares of both ICICI Bank Limited and Unity Bancorp Inc. are owned by institutional investors at 23.9% and 48.5% respectively. About 62.4% of ICICI Bank Limited’s share are owned by insiders. On the other hand, insiders owned about 3.9% of Unity Bancorp Inc.’s shares.

Performance

In this table we show the Weekly, Monthly, Quarterly, Half Yearly, Yearly and YTD Performance of both pretenders.

Performance (W) Performance (M) Performance (Q) Performance (HY) Performance (Y) Performance (YTD)
ICICI Bank Limited -0.93% -5.24% 12.42% 10.67% 16.47% 3.79%
Unity Bancorp Inc. 1.68% -3.91% 4.92% -0.14% -8.92% 1.78%

For the past year ICICI Bank Limited has stronger performance than Unity Bancorp Inc.

Summary

Unity Bancorp Inc. beats ICICI Bank Limited on 9 of the 12 factors.

ICICI Bank Limited, together with its subsidiaries, provides banking and financial services in India and internationally. It operates through Retail Banking, Wholesale Banking, Treasury, Other Banking, Life Insurance, General Insurance, and Others segments. The company offers savings, salary, pension, current, other accounts; and fixed, recurring, and security deposits. It also provides home, car, two wheeler, personal, gold, and commercial business loans, as well as loans against securities and other loans; business loans, such as working capital finance, term loans, collateral free loans, loans without financials, finance for importers and exporters, and secured loans for credit card swipes, as well as loans for new entities, and schools and colleges; and credit, debit, prepaid, travel, and corporate cards. In addition, the company offers life, health, travel, car, two wheeler, home, and student medical insurance products; pockets wallet; fixed income products; investment products, such as mutual funds, gold monetization schemes, and initial public offerings, as well as other online investment services; and farmer finance, tractor loans, and micro banking services, as well as other services to agri traders and processors, and agri corporates. Further, it provides portfolio management, trade, foreign exchange, locker, private and NRI banking, and cash management services; family wealth and demat accounts; commercial banking, investment banking, capital markets and custodial, project and technology finance, and institutional banking services, as well as Internet, mobile, and phone banking services. Additionally, the company offers securities investment, broking, trading, and underwriting services; and merchant banking, private equity/venture capital fund management, trusteeship, and pension fund management services. As of March 31, 2017, it had a network of 4,850 branches and 13,882 ATMs. ICICI Bank Limited was founded in 1955 and is based in Mumbai, India.

Unity Bancorp Inc. operates as a bank holding company for Unity Bank that provides a range of business and consumer financial services to individuals, small and medium sized businesses, and professional communities. The company offers personal and business checking accounts, time deposits, money market accounts, and regular savings accounts. It also provides commercial, small business administration, consumer, mortgage, home equity, and personal loans. Unity Bancorp Inc. offers its financial services through 15 bank branches in Edison, Emerson, Flemington, Highland Park, Linden, Middlesex, North Plainfield, Phillipsburg, Scotch Plains, Somerset, Somerville, South Plainfield, Union, Washington, and Whitehouse; and 1 branch in Pennsylvania, as well as 1 loan production office in Bergen County, New Jersey. The company was founded in 1991 and is headquartered in Clinton, New Jersey.

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