HDFC Bank vs ICICI Bank: Which Stock is Better? [2026]

Private Banks · Stock Comparison

HDFC Bank vs ICICI Bank: Which Stock is Better? [2026]

Two largest Indian private banks. HDFC has historically commanded a premium for consistency, while ICICI has surged on better margin expansion and cleaner books post-restructuring. This page scores both stocks on 8 weighted fundamentals so you can decide at a glance. Data is illustrative and for educational purposes—always verify on the latest filings before investing.

HDFC Bank
88
Weighted score / 100
ICICI Bank
79
Weighted score / 100
Verdict: HDFC Bank edges ahead on our weighted scorecard, but both are quality names in Private Banks.

Head-to-Head Fundamentals

MetricHDFC BankICICI BankRule
PE Ratio1917Lower is better
ROE (%)1718Higher is better
Debt/Equity6.86.5Lower is better
Profit Margin (%)2225Higher is better
Revenue Growth 5Y (%)1816Higher is better
Dividend Yield (%)1.20.9Higher is better
Current Ratio00Higher is better
Promoter Holding (%)260Higher is better

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About the author
Mithun Srivastava

Mithun writes on investing & automation. He runs investwithmithun.com (market education) and automatetoprofit.com (trading automation).

Educational content, not financial advice.This article is for general investor education. Mithun Srivastava is not a SEBI-registered Investment Advisor (RIA) or Research Analyst (RA). Examples are illustrative; past performance does not predict future returns. Consult a SEBI-registered RIA before making investment decisions. Read full disclaimer →
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