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Here's How Much $1000 Invested In ICICI Bank 20 Years Ago Would Be Worth Today

Benzinga ·  Mar 28 03:30

ICICI Bank (NYSE:IBN) has outperformed the market over the past 20 years by 3.59% on an annualized basis producing an average annual return of 11.41%. Currently, ICICI Bank has a market capitalization of $91.42 billion.

Buying $1000 In IBN: If an investor had bought $1000 of IBN stock 20 years ago, it would be worth $8,686.59 today based on a price of $26.04 for IBN at the time of writing.

ICICI Bank's Performance Over Last 20 Years

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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.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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