Head-To-Head Survey: ICICI Bank (NYSE:IBN) & Akbank Turk Anonim Sirketi (OTCMKTS:AKBTY)

ICICI Bank (NYSE:IBN) and Akbank Turk Anonim Sirketi (OTCMKTS:AKBTY) are both finance companies, but which is the superior business? We will contrast the two businesses based on the strength of their institutional ownership, earnings, risk, profitability, dividends, valuation and analyst recommendations.

Valuation & Earnings

This table compares ICICI Bank and Akbank Turk Anonim Sirketi”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
ICICI Bank	$2,134.65 billion	0.05	$6.02 billion	$1.62	18.89
Akbank Turk Anonim Sirketi	$17.96 billion	N/A	$1.29 billion	$0.49	6.41

ICICI Bank has higher revenue and earnings than Akbank Turk Anonim Sirketi. Akbank Turk Anonim Sirketi is trading at a lower price-to-earnings ratio than ICICI Bank, indicating that it is currently the more affordable of the two stocks.

Institutional & Insider Ownership

18.2% of ICICI Bank shares are owned by institutional investors. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Profitability

This table compares ICICI Bank and Akbank Turk Anonim Sirketi’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
ICICI Bank	24.91%	14.91%	1.89%
Akbank Turk Anonim Sirketi	6.62%	18.52%	1.61%

Volatility & Risk

ICICI Bank has a beta of 0.55, indicating that its share price is 45% less volatile than the S&P 500. Comparatively, Akbank Turk Anonim Sirketi has a beta of 0.49, indicating that its share price is 51% less volatile than the S&P 500.

Analyst Ratings

This is a summary of current ratings and recommmendations for ICICI Bank and Akbank Turk Anonim Sirketi, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
ICICI Bank	0	1	0	0	2.00
Akbank Turk Anonim Sirketi	0	0	0	0	0.00

Dividends

ICICI Bank pays an annual dividend of $0.21 per share and has a dividend yield of 0.7%. Akbank Turk Anonim Sirketi pays an annual dividend of $0.05 per share and has a dividend yield of 1.6%. ICICI Bank pays out 13.0% of its earnings in the form of a dividend. Akbank Turk Anonim Sirketi pays out 10.2% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Akbank Turk Anonim Sirketi is clearly the better dividend stock, given its higher yield and lower payout ratio.

Summary

ICICI Bank beats Akbank Turk Anonim Sirketi on 9 of the 12 factors compared between the two stocks.

About ICICI Bank

ICICI Bank Limited provides various banking products and services in India and internationally. It operates through Retail Banking, Wholesale Banking, Treasury, Other Banking, Life Insurance, and Others segments. The company offers savings, salary, pension, current, and other accounts; and time, fixed, recurring, and security deposits services. It also provides home, car, two-wheeler, personal, gold, and commercial business loans, as well as loans against securities and other loans; business loans, including working capital finance, term loans, collateral free loans, loans without financials, finance for importers and exporters, and overdraft facilities, as well as loans for new entities and card swipes; and credit, debit, prepaid, travel, forex, and corporate cards. In addition, the company offers pockets wallet; fixed income products; investment products, such as mutual funds, gold monetization schemes, initial public offerings, and other online investment services; and agri and rural business, farmer finance, tractor loans, and micro banking services, as well as other services to 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 and investment banking, capital market, custodial, and institutional banking services; health, personal accident, fire, and motor insurance, as well as distributes general and life insurance products; and Internet, mobile, and phone banking services. Additionally, the company offers securities investment, broking, trading, and underwriting services; and merchant banking, trusteeship, housing finance, pension fund management, asset management, investment advisory, points of presence, and private equity/venture capital fund management services. ICICI Bank Limited was founded in 1955 and is headquartered in Mumbai, India.

About Akbank Turk Anonim Sirketi

Akbank T.A.S., together with its subsidiaries, provides various banking products and services in Turkey and internationally. It operates through Consumer Banking and Private Banking; Commercial Banking, Corporate Banking, and SME Banking; and Treasury, Other, and Unallovated segments. The company’s consumer banking services comprise deposit accounts, retail loans, commercial installment loans, credit cards, insurance products, and asset management services, as well as bank cards, investment funds trading, automatic payment, foreign currency trading, safe deposit box rental, cheques, money transfer, investment banking, and telephone and internet banking. It also offers services to large, medium, and small size corporate and commercial customers that include Turkish Lira (TL) and foreign currency denominated working capital loans financing for investments, foreign trade financing, derivative instruments for hedging purposes of foreign currency and interest risk, letters of credit, foreign currency trading, corporate finance, and deposit and cash management services, as well as project finance loans; and working capital management, delivering cash management services based on customers’ requests, such as collection and payment services, and liquidity and information management. In addition, the company engages in treasury activities consisting of TL and foreign currency spot and forward transactions, treasury and government bonds, Eurobonds, and private sector bond transactions, as well as derivative trading activities; and marketing and pricing activities related to treasury products. Further, it provides financial leasing services, investment and pension funds management, and portfolio management, as well as offers payment services and issues electronic money. Akbank T.A.S. was incorporated in 1948 and is headquartered in Istanbul, Turkey.