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
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.