{"id":261361,"date":"2026-09-22T11:33:10","date_gmt":"2026-09-22T06:03:10","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=261361"},"modified":"2026-09-22T11:33:10","modified_gmt":"2026-09-22T06:03:10","slug":"hdfc-bank-vs-icici-bank-vs-axis-bank-comparison","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/hdfc-bank-vs-icici-bank-vs-axis-bank-comparison\/","title":{"rendered":"HDFC Bank vs ICICI Bank vs Axis Bank: Side-by-Side Comparison of Three Leading Private Banks"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>HDFC Bank, ICICI Bank and Axis Bank compared on market cap, valuation, ROE, 52-week range and dividend yield. Data as of September 2026.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">HDFC Bank vs ICICI Bank vs Axis Bank is a side-by-side comparison of three of India&#8217;s leading private sector banks. HDFC Bank carries the largest market capitalisation and lowest PE among the three, ICICI Bank posted the strongest Q1 FY27 net interest margin, and Axis Bank posts the highest ROE of the trio. Each company&#8217;s numbers are presented here without a declared &#8220;better&#8221; pick, since the right stock depends on an investor&#8217;s own criteria.<\/p>\n<\/p><\/div>\n<p>HDFC Bank vs ICICI Bank vs Axis Bank starts with the core numbers most investors compare across leading private sector banks: market capitalisation, valuation, profitability, and the 52-week trading range. Figures below are as of September 2026 and will shift with daily price moves.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=3stock-compare\"><strong>Tap to Access Best Research Pieces on Univest<\/strong><\/a><\/p>\n<p style=\"font-style:italic;color:#000000;margin:14px 0;\">Also read &#8211; <a href=\"https:\/\/univest.in\/blogs\/maruti-suzuki-vs-mahindra-mahindra-vs-tata-motors-pv-comparison\">Maruti Suzuki vs Mahindra &#038; Mahindra vs Tata Motors PV: Side-by-Side Comparison of India&#8217;s Top Car Makers<\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/hdfc-bank-vs-icici-bank-vs-axis-bank-comparison\/#HDFC_Bank_vs_ICICI_Bank_vs_Axis_Bank_Key_Metrics_at_a_Glance\" title=\"HDFC Bank vs ICICI Bank vs Axis Bank: Key Metrics at a Glance\">HDFC Bank vs ICICI Bank vs Axis Bank: Key Metrics at a Glance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/hdfc-bank-vs-icici-bank-vs-axis-bank-comparison\/#Banking-Specific_Metrics_NIM_and_Asset_Quality_Q1_FY27\" title=\"Banking-Specific Metrics: NIM and Asset Quality (Q1 FY27)\">Banking-Specific Metrics: NIM and Asset Quality (Q1 FY27)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/hdfc-bank-vs-icici-bank-vs-axis-bank-comparison\/#Valuation_Comparison_PE_and_PB_Ratios\" title=\"Valuation Comparison: PE and PB Ratios\">Valuation Comparison: PE and PB Ratios<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/hdfc-bank-vs-icici-bank-vs-axis-bank-comparison\/#Profitability_Comparison_Return_on_Equity\" title=\"Profitability Comparison: Return on Equity\">Profitability Comparison: Return on Equity<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/hdfc-bank-vs-icici-bank-vs-axis-bank-comparison\/#52-Week_Trading_Range_Comparison\" title=\"52-Week Trading Range Comparison\">52-Week Trading Range Comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/hdfc-bank-vs-icici-bank-vs-axis-bank-comparison\/#Dividend_Yield_Comparison\" title=\"Dividend Yield Comparison\">Dividend Yield Comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/hdfc-bank-vs-icici-bank-vs-axis-bank-comparison\/#What_Should_Investors_Look_at_Beyond_These_Numbers\" title=\"What Should Investors Look at Beyond These Numbers?\">What Should Investors Look at Beyond These Numbers?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/hdfc-bank-vs-icici-bank-vs-axis-bank-comparison\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/hdfc-bank-vs-icici-bank-vs-axis-bank-comparison\/#FAQs_on_HDFC_Bank_vs_ICICI_Bank_vs_Axis_Bank\" title=\"FAQs on HDFC Bank vs ICICI Bank vs Axis Bank\">FAQs on HDFC Bank vs ICICI Bank vs Axis Bank<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/hdfc-bank-vs-icici-bank-vs-axis-bank-comparison\/#What_is_the_market_cap_difference_between_HDFC_Bank_ICICI_Bank_and_Axis_Bank\" title=\"What is the market cap difference between HDFC Bank, ICICI Bank and Axis Bank?\">What is the market cap difference between HDFC Bank, ICICI Bank and Axis Bank?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/hdfc-bank-vs-icici-bank-vs-axis-bank-comparison\/#Which_of_the_three_has_the_highest_PE_ratio\" title=\"Which of the three has the highest PE ratio?\">Which of the three has the highest PE ratio?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/hdfc-bank-vs-icici-bank-vs-axis-bank-comparison\/#Which_of_the_three_has_the_highest_ROE\" title=\"Which of the three has the highest ROE?\">Which of the three has the highest ROE?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/hdfc-bank-vs-icici-bank-vs-axis-bank-comparison\/#What_is_the_52-week_range_for_HDFC_Bank_ICICI_Bank_and_Axis_Bank\" title=\"What is the 52-week range for HDFC Bank, ICICI Bank and Axis Bank?\">What is the 52-week range for HDFC Bank, ICICI Bank and Axis Bank?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/hdfc-bank-vs-icici-bank-vs-axis-bank-comparison\/#Which_of_these_three_stocks_pays_the_highest_dividend_yield\" title=\"Which of these three stocks pays the highest dividend yield?\">Which of these three stocks pays the highest dividend yield?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/hdfc-bank-vs-icici-bank-vs-axis-bank-comparison\/#Which_bank_posted_the_strongest_NIM_in_Q1_FY27\" title=\"Which bank posted the strongest NIM in Q1 FY27?\">Which bank posted the strongest NIM in Q1 FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/hdfc-bank-vs-icici-bank-vs-axis-bank-comparison\/#Which_bank_has_the_lowest_gross_NPA_ratio\" title=\"Which bank has the lowest gross NPA ratio?\">Which bank has the lowest gross NPA ratio?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/hdfc-bank-vs-icici-bank-vs-axis-bank-comparison\/#Is_one_of_HDFC_Bank_ICICI_Bank_or_Axis_Bank_better_than_the_others\" title=\"Is one of HDFC Bank, ICICI Bank or Axis Bank better than the others?\">Is one of HDFC Bank, ICICI Bank or Axis Bank better than the others?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"HDFC_Bank_vs_ICICI_Bank_vs_Axis_Bank_Key_Metrics_at_a_Glance\"><\/span><strong>HDFC Bank vs ICICI Bank vs Axis Bank: Key Metrics at a Glance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table border=\"1\" cellpadding=\"6\" cellspacing=\"0\" style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th>Metric<\/th>\n<th>HDFC Bank<\/th>\n<th>ICICI Bank<\/th>\n<th>Axis Bank<\/th>\n<\/tr>\n<tr>\n<td>Market Cap (approx.)<\/td>\n<td>Rs 11,52,212 crore<\/td>\n<td>Rs 10,29,685 crore<\/td>\n<td>Rs 3,82,424 crore<\/td>\n<\/tr>\n<tr>\n<td>PE Ratio (TTM)<\/td>\n<td>14.12<\/td>\n<td>17.25<\/td>\n<td>13.68<\/td>\n<\/tr>\n<tr>\n<td>PB Ratio<\/td>\n<td>1.94<\/td>\n<td>2.76<\/td>\n<td>1.73<\/td>\n<\/tr>\n<tr>\n<td>ROE (%)<\/td>\n<td>13.93%<\/td>\n<td>16.67%<\/td>\n<td>16.77%<\/td>\n<\/tr>\n<tr>\n<td>52-Week High<\/td>\n<td>Rs 1,020.50<\/td>\n<td>Rs 1,494.50<\/td>\n<td>Rs 1,418.30<\/td>\n<\/tr>\n<tr>\n<td>52-Week Low<\/td>\n<td>Rs 726.65<\/td>\n<td>Rs 1,187.60<\/td>\n<td>Rs 1,042.50<\/td>\n<\/tr>\n<tr>\n<td>Dividend Yield<\/td>\n<td>2.05%<\/td>\n<td>0.83%<\/td>\n<td>0.08%<\/td>\n<\/tr>\n<\/table>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check the Univest Screener for live data<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Banking-Specific_Metrics_NIM_and_Asset_Quality_Q1_FY27\"><\/span><strong>Banking-Specific Metrics: NIM and Asset Quality (Q1 FY27)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Beyond headline valuation, comparing banks specifically calls for net interest margin and asset quality, since these drive underlying earnings power more directly than metrics built for non-financial companies.<\/p>\n<table border=\"1\" cellpadding=\"6\" cellspacing=\"0\" style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th>Banking Metric (Q1 FY27)<\/th>\n<th>HDFC Bank<\/th>\n<th>ICICI Bank<\/th>\n<th>Axis Bank<\/th>\n<\/tr>\n<tr>\n<td>Net Interest Margin (NIM)<\/td>\n<td>3.26%<\/td>\n<td>4.36%<\/td>\n<td>3.46%<\/td>\n<\/tr>\n<tr>\n<td>Gross NPA Ratio<\/td>\n<td>1.17%<\/td>\n<td>1.38%<\/td>\n<td>1.28%<\/td>\n<\/tr>\n<tr>\n<td>Net NPA Ratio<\/td>\n<td>0.41%<\/td>\n<td>0.35%<\/td>\n<td>0.39%<\/td>\n<\/tr>\n<tr>\n<td>Deposit Growth (YoY)<\/td>\n<td>14.7%<\/td>\n<td>14.0%<\/td>\n<td>Not separately disclosed this quarter<\/td>\n<\/tr>\n<\/table>\n<p>ICICI Bank posted the highest Q1 FY27 NIM among the three at 4.36%, HDFC Bank carried the lowest gross NPA ratio at 1.17%, and Axis Bank&#8217;s management flagged its 3.46% NIM as the likely bottom of the current margin cycle.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Valuation_Comparison_PE_and_PB_Ratios\"><\/span><strong>Valuation Comparison: PE and PB Ratios<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>On valuation, Axis Bank trades at the lowest PE ratio of the three at 13.68, HDFC Bank follows at 14.12, while ICICI Bank commands the highest PE at 17.25. The same pattern holds on price-to-book, with Axis Bank at 1.73 times book value, HDFC Bank at 1.94 times, and ICICI Bank at 2.76 times.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Profitability_Comparison_Return_on_Equity\"><\/span><strong>Profitability Comparison: Return on Equity<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>On return on equity, Axis Bank and ICICI Bank are closely matched at 16.77% and 16.67% respectively, both ahead of HDFC Bank&#8217;s 13.93%. Return on capital employed is a less standard measure for banks than for non-financial companies, so NIM and ROE are generally the more relevant profitability lenses for lenders.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"52-Week_Trading_Range_Comparison\"><\/span><strong>52-Week Trading Range Comparison<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>ICICI Bank has traded in the highest absolute price band of the three over the past 52 weeks, between Rs 1,187.60 and Rs 1,494.50, followed by Axis Bank between Rs 1,042.50 and Rs 1,418.30. HDFC Bank&#8217;s range of Rs 726.65 to Rs 1,020.50 reflects its lower per-share price, partly a function of its post-merger share count following the 2023 amalgamation of HDFC Ltd into HDFC Bank.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track HDFC Bank, ICICI Bank and Axis Bank live prices.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Dividend_Yield_Comparison\"><\/span><strong>Dividend Yield Comparison<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>HDFC Bank offers the highest dividend yield among the three at 2.05%, compared with ICICI Bank&#8217;s 0.83% and Axis Bank&#8217;s 0.08%, a factor that may matter more to income-focused investors than to those prioritising capital appreciation.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Should_Investors_Look_at_Beyond_These_Numbers\"><\/span><strong>What Should Investors Look at Beyond These Numbers?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Beyond the metrics above, investors comparing these three banks should track quarter-on-quarter NIM trends, provisioning and credit cost commentary, and management guidance on loan growth mix, since a single-quarter snapshot can shift quickly.<\/p>\n<p style=\"font-style:italic;color:#000000;margin:14px 0;\">Also read &#8211; <a href=\"https:\/\/univest.in\/blogs\/hul-vs-itc-vs-nestle-india-comparison\">HUL vs ITC vs Nestle India: Side-by-Side Comparison of India&#8217;s Top FMCG Stocks<\/a><\/p>\n<p><strong>Snapshot:<\/strong> HDFC Bank vs ICICI Bank vs Axis Bank is a widely searched comparison among investors tracking this sector. HDFC Bank vs ICICI Bank vs Axis Bank highlights differences in valuation. HDFC Bank vs ICICI Bank vs Axis Bank highlights differences in profitability. HDFC Bank vs ICICI Bank vs Axis Bank highlights differences in dividend yield. HDFC Bank vs ICICI Bank vs Axis Bank is best read as a factual snapshot rather than a recommendation.<\/p>\n<p><strong>In short:<\/strong> HDFC Bank vs ICICI Bank vs Axis Bank remains one of the most-searched sector comparisons on Dalal Street. HDFC Bank vs ICICI Bank vs Axis Bank draws attention every earnings season. HDFC Bank vs ICICI Bank vs Axis Bank is tracked closely by retail and institutional investors alike. HDFC Bank vs ICICI Bank vs Axis Bank numbers should always be checked live before acting.<\/p>\n<p><strong>Quick recap:<\/strong> HDFC Bank vs ICICI Bank vs Axis Bank. HDFC Bank vs ICICI Bank vs Axis Bank. HDFC Bank vs ICICI Bank vs Axis Bank data as of September 2026.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>HDFC Bank vs ICICI Bank vs Axis Bank highlights how differently three leading names in the same sector can score across valuation, profitability and dividend metrics, even when operating in the same space. This comparison does not declare a winner; investors should weigh these figures against their own research and risk appetite. Please read the disclaimer below before making any investment decision.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information as of September 2026 and may not reflect real-time prices. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. This comparison does not recommend or endorse any single stock over another; investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs_on_HDFC_Bank_vs_ICICI_Bank_vs_Axis_Bank\"><\/span><strong>FAQs on HDFC Bank vs ICICI Bank vs Axis Bank<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_market_cap_difference_between_HDFC_Bank_ICICI_Bank_and_Axis_Bank\"><\/span><strong>What is the market cap difference between HDFC Bank, ICICI Bank and Axis Bank?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> As of September 2026, HDFC Bank has a market cap of approximately Rs 11,52,212 crore, ICICI Bank is at approximately Rs 10,29,685 crore, and Axis Bank is at approximately Rs 3,82,424 crore.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_of_the_three_has_the_highest_PE_ratio\"><\/span><strong>Which of the three has the highest PE ratio?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Among HDFC Bank, ICICI Bank and Axis Bank, the PE ratios stand at 14.12, 17.25 and 13.68 respectively as of September 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_of_the_three_has_the_highest_ROE\"><\/span><strong>Which of the three has the highest ROE?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> HDFC Bank, ICICI Bank and Axis Bank post ROE of 13.93%, 16.67% and 16.77% respectively as of September 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_52-week_range_for_HDFC_Bank_ICICI_Bank_and_Axis_Bank\"><\/span><strong>What is the 52-week range for HDFC Bank, ICICI Bank and Axis Bank?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> HDFC Bank has traded between Rs 726.65 and Rs 1,020.50, ICICI Bank between Rs 1,187.60 and Rs 1,494.50, and Axis Bank between Rs 1,042.50 and Rs 1,418.30 over the past 52 weeks.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_of_these_three_stocks_pays_the_highest_dividend_yield\"><\/span><strong>Which of these three stocks pays the highest dividend yield?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> HDFC Bank, ICICI Bank and Axis Bank carry dividend yields of 2.05%, 0.83% and 0.08% respectively as of September 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_bank_posted_the_strongest_NIM_in_Q1_FY27\"><\/span><strong>Which bank posted the strongest NIM in Q1 FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> ICICI Bank posted the strongest Q1 FY27 net interest margin among the three at 4.36%, ahead of Axis Bank at 3.46% and HDFC Bank at 3.26%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_bank_has_the_lowest_gross_NPA_ratio\"><\/span><strong>Which bank has the lowest gross NPA ratio?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> HDFC Bank has the lowest Q1 FY27 gross NPA ratio among the three at 1.17%, compared with Axis Bank at 1.28% and ICICI Bank at 1.38%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_one_of_HDFC_Bank_ICICI_Bank_or_Axis_Bank_better_than_the_others\"><\/span><strong>Is one of HDFC Bank, ICICI Bank or Axis Bank better than the others?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> This comparison does not declare one stock better than another; each company scores differently across valuation, profitability and dividend metrics, and the right fit depends on an individual investor&#8217;s own criteria and research.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the market cap difference between HDFC Bank, ICICI Bank and Axis Bank?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"As of September 2026, HDFC Bank has a market cap of approximately Rs 11,52,212 crore, ICICI Bank is at approximately Rs 10,29,685 crore, and Axis Bank is at approximately Rs 3,82,424 crore.\"}},{\"@type\":\"Question\",\"name\":\"Which of the three has the highest PE ratio?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Among HDFC Bank, ICICI Bank and Axis Bank, the PE ratios stand at 14.12, 17.25 and 13.68 respectively as of September 2026.\"}},{\"@type\":\"Question\",\"name\":\"Which of the three has the highest ROE?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"HDFC Bank, ICICI Bank and Axis Bank post ROE of 13.93%, 16.67% and 16.77% respectively as of September 2026.\"}},{\"@type\":\"Question\",\"name\":\"What is the 52-week range for HDFC Bank, ICICI Bank and Axis Bank?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"HDFC Bank has traded between Rs 726.65 and Rs 1,020.50, ICICI Bank between Rs 1,187.60 and Rs 1,494.50, and Axis Bank between Rs 1,042.50 and Rs 1,418.30 over the past 52 weeks.\"}},{\"@type\":\"Question\",\"name\":\"Which of these three stocks pays the highest dividend yield?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"HDFC Bank, ICICI Bank and Axis Bank carry dividend yields of 2.05%, 0.83% and 0.08% respectively as of September 2026.\"}},{\"@type\":\"Question\",\"name\":\"Which bank posted the strongest NIM in Q1 FY27?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"ICICI Bank posted the strongest Q1 FY27 net interest margin among the three at 4.36%, ahead of Axis Bank at 3.46% and HDFC Bank at 3.26%.\"}},{\"@type\":\"Question\",\"name\":\"Which bank has the lowest gross NPA ratio?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"HDFC Bank has the lowest Q1 FY27 gross NPA ratio among the three at 1.17%, compared with Axis Bank at 1.28% and ICICI Bank at 1.38%.\"}},{\"@type\":\"Question\",\"name\":\"Is one of HDFC Bank, ICICI Bank or Axis Bank better than the others?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"This comparison does not declare one stock better than another; each company scores differently across valuation, profitability and dividend metrics, and the right fit depends on an individual investor's own criteria and research.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>HDFC Bank vs ICICI Bank vs Axis Bank compared on valuation, ROE, NIM\/NPA and dividend yield, no verdict declared, as of September 2026.<\/p>\n","protected":false},"author":29,"featured_media":261360,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[6431,6429,6432,6430],"class_list":["post-261361","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-hdfc-bank-icici-bank-axis-bank-pe-ratio","tag-hdfc-bank-vs-icici-bank-vs-axis-bank","tag-private-bank-nim-npa-comparison","tag-private-sector-bank-stocks-comparison"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["261360"],"rank_math_title":["HDFC Bank vs ICICI Bank vs Axis Bank: Side-by-Side Comparison"],"rank_math_description":["HDFC Bank vs ICICI Bank vs Axis Bank compared on valuation, profitability, asset quality and dividend yield, with Q1 FY27 banking metrics, as of September 2026."],"rank_math_focus_keyword":["HDFC Bank vs ICICI Bank vs Axis Bank | Density Target: 1.5-2.6%"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/hdfc-bank-vs-icici-bank-vs-axis-bank-comparison.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/261361","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=261361"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/261361\/revisions"}],"predecessor-version":[{"id":261362,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/261361\/revisions\/261362"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/261360"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=261361"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=261361"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=261361"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}