ICICI Bank, India’s second-largest private sector lender by market capitalization, will likely report a 30% rise in fourth-quarter net profit due tomorrow (April 22).

Shares of ICICI Bank rose 0.5% to Rs 898.75 on the NSE on Friday, as a survey of brokerages estimated a 30% rise in fourth-quarter net profit on average. Brokerage Prabhudas Lilladher expects ICICI Bank to post a net profit of Rs 9,240.9 crore, up 31.7% from a year earlier and 11.2% from the previous quarter.

Net interest income (NII) is expected to grow by 41.5% YoY and 9.1% QoQ to Rs 17,958 crore. Pre-provision operating profit (PPOP) may have risen by 40.1% from last year and (8.7% from the previous quarter to Rs 14,421.2 crore).

Motilal Oswal expects ICICI Bank to post a net profit of Rs 9,155.5 crore, up 30.4% year-on-year and 10.2% quarter-on-quarter. NII is forecast to have grown by 38.6% YoY and 6.1% QoQ to Rs 17,466.4 crore. PPOP may have increased by 36.5% YoY and 5.8% QoQ to Rs 14,047.4 crore.

ICICI Bank stock has returned 17.62% over the past year. It thus outperformed the benchmark Nifty Bank index, which returned 14.70% over the same period. It is also important to note that the stock has even outperformed the benchmark Nifty50 index over the past year, as the Nifty50 returned just 1.25% over the same period.

FII and DII mainly own the stock. Among them, FII holds 45.09%, and DII has 44.44%. The public shareholding ratio is the lowest at 10.47%. It is also important to note that the bank may consider paying dividends to existing shareholders at its results meeting scheduled for tomorrow.