ICICI Bank to report Q3 results on Jan 22; Here's what brokerages expect

Analysts expect ICICI Bank to continue reporting healthy operating profit, along with double digit growth in loan book

ICICI Bank Q3 preview: ICICI Bank is scheduled to report its December quarter earnings (Q3FY22) on Saturday, January 22, 2022. Analysts expect the private lender to continue reporting healthy operating profit, along with double digit growth in loan book. Net interest margin (NIM), they say, may remain stable sequentially.

That said, management commentary on future growth trends, additional utilization of contingency provisions, slippages, movement in stressed loans, and commentary on asset quality and credit costs will be tracked by the Street.

Here's what key brokerages expect:

Morgan Stanley

The brokerage expects strong loan growth at 16 per cent year-on-year (YoY), mainly