ICICI Bank (IBN) vs Shinhan Financial Group (SHG)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Shinhan Financial Group (SHG) has outperformed ICICI Bank (IBN) over the past year, gaining 47.0% versus a loss of 9.2%. Over five years, SHG leads with a +126.9% price change compared with +43.4% for IBN. ICICI Bank is the larger company by market cap ($100.14 billion vs $35.49 billion), about 2.8 times the size.
On valuation, Shinhan Financial Group trades at a lower forward P/E (8.1x vs 14.9x for ICICI Bank). Shinhan Financial Group pays a dividend yielding 3886.97%, while ICICI Bank does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | IBN | SHG |
|---|---|---|
| Share price | $27.90 | $75.38 |
| Market cap | $100.14B | $35.49B |
| 1-day change | +0.14% | -2.24% |
| YTD return | -6.38% | +40.56% |
| 1-year return | -9.24% | +47.03% |
| 5-year return | +43.44% | +126.91% |
| P/E ratio (TTM) | 16.32 | 10.02 |
| Forward P/E | 14.91 | 8.07 |
| EPS (TTM) | $1.71 | $7.52 |
| Dividend yield | 0.90% | 3886.97% |
| Annual dividend | $0.00 | $2,930.00 |
| Revenue (latest FY) | — | $10.59B |
| Revenue growth (YoY) | — | +13.00% |
| Net income (latest FY) | — | $2.52B |
| Net margin | — | 23.76% |
| 52-week high | $33.03 | $85.57 |
| 52-week low | $25.08 | $47.05 |
| Distance from 52-week high | -15.53% | -11.91% |
| Analyst consensus | strong_buy | none |
| Avg. price target upside | +31.11% | +30.49% |
| Average volume | 5.33M | 191.81K |
| Shares outstanding | 3.59B | 470.86M |
| Employees | 124,029 | 184 |
| Sector | Finance | Finance |
| Industry | Commercial Banks | Major Banks |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- ICICI Bank is about 2.8 times larger than Shinhan Financial Group by market value ($100.14B vs $35.49B).
- SHG has outperformed IBN by 56.3 percentage points over the past year.
- ICICI Bank trades at a higher earnings multiple (16.3x vs 10.0x trailing P/E).
- Shinhan Financial Group offers a meaningfully higher dividend yield (3886.97% vs 0.90%).
About ICICI Bank
IBN stock →ICICI Bank Limited, together with its subsidiaries, engages in the provision of various banking and financial services to corporate and retail customers in India and internationally. The company operates through Retail Banking, Wholesale Banking, Treasury, Other Banking, Life Insurance, General Insurance, and Others segments.
Finance · Commercial Banks · 124,029 employees
About Shinhan Financial Group
SHG stock →Shinhan Financial Group Co., Ltd. provides financial products and services in South Korea and overseas.
Finance · Major Banks · 184 employees
IBN vs SHG FAQ
Which is bigger, ICICI Bank or Shinhan Financial Group?
ICICI Bank (IBN) is larger, with a market capitalization of $100.14B compared with $35.49B for Shinhan Financial Group (SHG).
Which stock has performed better over the past year, IBN or SHG?
SHG returned +47.03% over the past 12 months, compared with -9.24% for IBN (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, IBN or SHG?
SHG has the lower trailing P/E at 10.0, versus 16.3 for IBN. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, ICICI Bank or Shinhan Financial Group?
Shinhan Financial Group has the higher yield at 3886.97%, compared with 0.90% for ICICI Bank.
Are ICICI Bank and Shinhan Financial Group in the same industry?
Both are in the Finance sector, but in different industries: Commercial Banks for ICICI Bank and Major Banks for Shinhan Financial Group.