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ICICI Bank Q4 Results 2026 LIVE: ICICI Bank, India’s second-largest private sector lender, announced its January-March quarter earnings on Saturday, 18 April. Along with the Q4 results today, the bank’s board also authorised a proposal for fundraising.

ICICI Bank's Q4FY26 standalone profit rose by 8.5% year-on-year (YoY) to ₹13,701.68 crore. In the same quarter last year, the bank's profit was ₹12,629.58 crore. The bank's board of directors recommended a dividend of ₹12 per equity share for FY26. The declaration and payment of dividends are subject to requisite approvals.

The bank said its board of directors approved the annual renewal of fundraising limits via the issuance of debt securities, including by way of non-convertible debentures (NCDs) in domestic markets up to an overall limit of ₹250 billion by way of private placement and issuances of bonds/notes/offshore certificate of deposits in overseas markets up to $1.50 billion for a period of one year. The Board also authorised the buyback of debt securities within the limits.

ICICI Bank's consolidated profit after tax increased to ₹14,755 crore in Q4FY26 from ₹13,502 crore in Q4FY25. Consolidated assets grew by 10.3% year-on-year to ₹29,14,498 crore as of 31 March 2026 from ₹26,42,241 crore YoY.

According to ICICI Bank's exchange filing, its gross NPA ratio was 1.40% at 31 March 2026 compared to 1.53% at 31 December 2025 and 1.67% at 31 March 2025.

Net NPA ratio was 0.33% by the end of the financial year, compared to 0.37% by the end of the December quarter and 0.39% by the end of March 2025.

"The gross NPA additions were ₹4,242 crore in Q4FY26 compared to ₹5,142 crore YoY. The bank has written off gross NPAs amounting to ₹1,768 crore in Q4FY26. The provisioning coverage ratio on non-performing loans was 75.8% at 31 March 2026," ICICI Bank said.

"At 31 March 2026, the bank holds total provisions, other than specific provisions on fund-based outstanding to borrowers classified as non-performing, amounting to ₹22,710 crore or 1.5% of loans," said the bank.

The bank said its total capital adequacy ratio by the end of the financial year was 17.18%, and the CET-1 ratio was 16.35% after reckoning the impact of the proposed dividend compared to the minimum regulatory requirements of 11.70% and 8.20%, respectively.

ICICI Bank's total deposits increased by 11.4% year-on-year and 8.1% sequentially, standing at ₹17,94,625 crore as of 31 March 2026.

Average current and savings account deposits increased by 11.3% YoY and 2.7% QoQ in Q4FY26.

"With the addition of 126 branches during Q4FY26 and 528 branches in FY26, the bank had a network of 7,511 branches and 12,087 ATMs and cash recycling machines at

31 March 2026," ICICI Bank said.

The bank's total advances grew by 15.8% year-on-year and 6% QoQ, standing at ₹15,53,893 crore as of 31 March 2026.

The retail loan portfolio grew by 9.5% YoY and 4.2% sequentially, and comprised 50.4% of the total loan portfolio at 31 March 2026.

Including non-fund outstanding, the retail portfolio was 41.7% of the total portfolio at the end of FY26, said the bank.

ICICI Bank's business banking portfolio grew by 24.4% YoY and 7.6% QoQ. The rural portfolio grew by 25.6% YoY and 18.0% sequentially, while domestic corporate portfolio grew by 9.3% YoY and 3.1% QoQ.

ICICI Bank said its domestic advances grew by 15.3% year-on-year and 5.6% sequentially.

ICICI Bank announced the extension of tenure of G. Srinivas as Group Chief Risk Officer of the bank with effect from August 1, 2026 till July 31, 2028.

ICICI Bank, on Saturday, 18 April, announced its standalone profit for Q4FY26 rose by 8.5% year-on-year (YoY) to ₹13,701.68 crore, compared with a profit of ₹12,629.58 crore in the same quarter last year. On a sequential basis, the bank's profit jumped 21% from ₹11,317.86 crore in Q3FY26.

On a sequential basis, the bank's profit jumped 21% from ₹11,317.86 crore in Q3FY26.

ICICI Bank's total standalone income for the March quarter stood at ₹50,584.38 crore, up 1.8% YoY from ₹49,690.87 crore in Q4FY25. Quarter-on-quarter (QoQ), standalone income rose by 2.5% from ₹49,334 crore in Q3FY26.

According to brokerage firm Elara Securities, ICICI Bank's NII may rise by 7.1% YoY and 3.5% QoQ. Pre-provision operating profit (PPOP) may see a 4.1% YoY and 5.9% QoQ growth. Profit after tax may see a 1.8% YoY and 13.6% QoQ rise, Elara Securities said.

According to brokerage firm Antique Stock Broking, ICICI Bank's NII may rise by 7.2% YoY and 3.6% QoQ. Pre-provision profit (PPP) may see a 4.2% YoY and 6% QoQ growth. Net profit may see a 1.2% YoY and 13% QoQ rise, Antique Stock Broking said.

Brokerage firm Antique Stock Broking believes Indian banks' profit may grow by 5% YoY but decline by 1% QoQ for Q4FY26. Private banks' earnings growth is expected at 11% YoY and 6% QoQ, while PSU banks' earnings are expected to decline by 2% YoY and 9% QoQ.

"We expect NIM to be range-bound from +2 bps to -5 bps QoQ, impacted by lower loan yields due to the impact from the last policy cut, which will be partly offset by residual TD (term deposits) repricing," said Antique.

"Asset quality in Q4 is expected to remain largely stable with stable credit cost. However, management commentary and any potential impact on the MSME segment arising from the Middle East crisis will be key monitorables," Antique said.

ICICI Bank's margins have been resilient so far, supported by disciplined pricing and a favourable loan mix.

According to Seema Srivastava, Senior Research Analyst at SMC Global Securities, the bank’s loan book as well as deposit base may grow in double digits. NIM may remain broadly stable despite evolving funding cost dynamics.

According to brokerage firm Motilal Oswal Financial Services, ICICI Bank may report flattish NIM as the CRR (cash reserve ratio) benefits, term deposits repricing, and lower interest reversals are offset by full repricing of repo cut.

Motilal Oswal Financial Services believes residual deposit repricing and a stable rate environment should keep ICICI Bank's NIMs range-bound at nearly 4.3-4.4% over FY26–28E.

According to brokerage firm Motilal Oswal Financial Services, ICICI Bank's operating leverage and fee income are emerging as its key profitability drivers, with the C/I ratio (cost-to-income ratio) expected to improve to nearly 37-39% over FY27-28E.

"ICICI Bank is well-positioned to deliver steady compounding with RoA and RoE of nearly 2.3% and 16%, respectively, supported by consistent execution across growth, margins, and asset quality," said Motilal Oswal.

Brokerage firm Motilal Oswal Financial Services highlighted that ICICI Bank's asset quality remains best-in-class, driven by strong underwriting and robust monitoring systems, with contingency provisions of nearly ₹131 billion (nearly 0.9% of loans). The brokerage firm expects ICICI Bank's GNPA and NNPA to improve to nearly 1.4% and 0.3%, respectively, by FY28, with normalised credit costs at nearly 45-50 basis points.

Brokerage firm Anand Rathi, which has a buy call on ICICI Bank, expects the bank's Q4FY26 profit to decline by 2.5% YoY. However, on a QoQ basis, profit may increase by 7.4%, according to the brokerage firm.

The bank's PPoP may rise by 2.1% YoY and 3% QoQ. NII may see a 6.2% YoY and 2.7% QoQ growth, Anand Rathi said.

According to Ambit Capital Private Limited, ICICI Bank's liquidity in the balance sheet and further increase in LDR will support the loan growth of nearly 15% over FY26-29E.

"Increase in retail loan share, reduction in SA/TD rates, and augmentation of deposit growth driven by CASA should mitigate high NIM compression risk in FY27E," said Ambit.

“Asset quality to remain benign and high PCR with nearly 1.5% contingency buffer will keep credit cost low, nearly 40bps in FY27E,” Ambit said.

Ambit has a buy call on the stock with a target price of ₹1,550.

"The bank should continue to command a valuation premium over peers led by a superior RoA/RoE profile of 2.3%/16% in FY28E (highest among peers)," said Ambit.

Kotak expects a 3.6% YoY and 15.6% QoQ rise in ICICI Bank's Q4FY26 profit. NII may rise by 4.3% YoY and 0.8% QoQ, but NIM may decline by 16 bps YoY and 10 bps QoQ, Kotak said.

"We expect flat YoY PPOP growth to factor in slower loan growth and lower NIM. Loan growth is likely to be at 13% YoY (expect recovery in retail and SME). NIM may decline nearly 10 bps QoQ at 4.1%. Reported NIM would be higher than our estimates, partly due to a higher competitive environment," said Kotak Institutional Equities.

On Friday, 17 April, ICICI Bank shares ended with a nominal gain of 0.15% at ₹1,347.50 on the BSE. The stock rose by 2% for the week, compared with over 1% gains in the equity benchmarks, the Sensex and the BSE Bankex index. Year-to-date, the banking stock has gained nearly 1%, compared with an 8% fall in the Sensex and a 5% decline in the Bankex index.

Experts do not expect any surprises in the provisions for Q4FY26. In Q3FY26, ICICI Bank made an additional provision of ₹1,283 crore on its agriculture priority sector loan portfolio, following the RBI's direction. The bank said the impacted loan book was between ₹20,000 and ₹25,000 crore.

According to JM Financial, ICICI Bank's net interest income may rise 4.8% YoY and 1.3% QoQ in Q4FY26. Pre-provision profit (PPP) may rise by 3.6% YoY and 5.4% QoQ, while net income may inch up by 0.2% YoY and 11.9% QoQ, JM Financial said.

JM Financial expects Q4FY26 earnings for the banking sector may reflect limited impact from increased inflationary pressures amid the West Asian crisis and declining household cash flows. There may be continued pickup in loan growth, varied NIMs trajectories (flat-to-down QoQ for large banks, expansion for small/mid banks) and stable asset quality trends.

Brokerage firm JM Financial highlighted that the operating environment for Indian banks has weakened amid rising geopolitical tensions which continue to pose risks as elevated energy prices, supply chain disruptions and inflationary pressure.

This might put pressure on household cash flows, particularly in the rural and lower income segments. Accordingly, valuations have corrected meaningfully, but remain above trough levels, indicating incomplete pricing in of downside risks, said JM Financial.

ICICI Bank, India’s second largest private sector lender, is set to announce its January-March quarter earnings on Saturday, 18 April. Along with the Q4 results today, the bank’s board is also expected to consider a proposal for fundraising.Nishant is a market reporter at Mint, where he holds the official designation of Principal Correspondent – Markets. He has been closely tracking the Indian stock market as well as major global stock markets along with the broader macroeconomic trends for a decade.

He is obsessed with breaking down complex financial and economic concepts into clear and engaging stories. He focuses not only on what is happening in the markets, but also why it matters.

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Before joining Mint, Nishant worked with some of India’s most respected business newsrooms, including The Economic Times and Moneycontrol, where he reported extensively on the stock market, corporate earnings, macroeconomic trends, GDP, inflation, monetary policies of the RBI and the US Federal Reserve, bonds, and currencies.

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