🚀 ICICI Bank Q1 FY26 Results: Profit Soars 15.5% on Strong Treasury and Lending Income
ICICI Bank, India’s second-largest private sector lender, has delivered a stellar Q1 FY26 performance, reporting a 15.5% year-on-year rise in standalone net profit, up to ₹12,768 crore — beating most analyst estimates .
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📈 What Drove the Strong Results?
1. Treasury Income Spikes
Treasury gains more than doubled, jumping from ₹613 crore in Q1FY25 to ₹1,241 crore in Q1FY26 .
These gains primarily came from realised and mark-to-market profits in both fixed-income and equity assets.
2. Net Interest Income on the Rise
NII grew by 10.6% YoY, reaching ₹21,635 crore .
This was driven by strong loan growth, particularly in business banking, which surged nearly 30% YoY .
3. Diversified Non-Interest Income
Non-interest income (excluding treasury) also grew by 13.7%, totaling ₹7,264 crore .
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🔍 Key Business Highlights
Total Advances: Up 12.0% YoY (domestic), aided by a 6.9% rise in retail lending .
Business Banking Loans: Jumped 29.7% YoY .
Corporate Loans: Grew by 7.5% YoY, though dipped slightly sequentially .
Deposits: “Deposits registered a strong annual growth of 12.8%, reaching a remarkable ₹16.08 trillion.”
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🛡️ Robust Asset Quality & Capital Strength
Gross NPA ratio improved to a healthy 1.67% (from 2.15%) .
Net NPA stands at 0.41%, slightly better than last year .
Provisions (excluding taxes) increased to ₹1,815 crore .
Capital Adequacy remained strong, with a CAR of 16.97% and CET‑1 ratio at 16.31%, well above regulatory norms .
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🏦 Margin Trends & Outlook
Net Interest Margin (NIM) slightly narrowed to 4.34% (down from 4.41%), due to competitive deposit pricing .
The bank expects further margin pressure as RBI rate cuts continue to filter through .
Nonetheless, the healthy growth in both interest and non-interest revenue points to a diversified income base.
✅ Final Takeaway
- ICICI Bank has delivered a well-rounded financial performance, with strong advances growth, robust treasury gains, and stable asset quality. While margins may stay under pressure in the near term due to rate cuts, the bank’s solid capital cushion, improved NPA ratios, and earnings growth reflect a well-managed franchise ready to navigate evolving macro conditions.
ICICI Bank ATM in Ratnagari, Ratnagiri – ICICI Bank
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