ICICI Bank Q4 Profit Before Tax Up 10.1% While Expenses Rise 12%
ICICI Bank reported profit before tax excluding treasury of Rs.182.09 billion in Q4 FY26, up 10.1% year-on-year, with net interest income rising 8.4% to Rs.229.79 billion and deposit growth of 11.4%. Operating expenses increased 12%, while loan portfolio expanded 15.8% and net NPA ratio improved to 0.33%.
1. Q4 Financial Results
ICICI Bank reported profit before tax excluding treasury of Rs.182.09 billion in Q4 FY26, up 10.1% year-on-year, while net interest income rose 8.4% to Rs.229.79 billion and net interest margin held at 4.32%. Profit after tax grew 8.5% to Rs.137.02 billion, with consolidated profit up 9% to Rs.147.55 billion.
2. Deposit and Loan Growth
Total deposits increased 11.4% year-on-year as of March 31, 2026, while the loan portfolio expanded 15.8%, led by a 9.5% rise in retail loans as benchmark rate stabilization supported mortgage demand.
3. Asset Quality and Expenses
Net NPA ratio improved to 0.33% with provisioning coverage at 75.8%, though treasury operations incurred a Rs.1.06 billion loss and the credit card portfolio contracted 5.6%. Operating expenses rose 12%, driven by branch expansion and technology investments.
4. Dividend, Branch Network and Strategic Focus
The board recommended a Rs.12 per share dividend and maintained 7,511 branches. Management plans to boost fee income through transaction banking, foreign exchange, derivatives and lending-linked fees while calibrating card and payments strategy.