ЁЯЪА ICICI Bank Q1 FY26 Results: Profit Soars 15.5% on Strong Treasury and Lending Income
ICICI Bank, IndiaтАЩs 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 тВ╣12,768 crore тАФ beating most analyst estimates .
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ЁЯУИ What Drove the Strong Results?
1. Treasury Income Spikes
Treasury gains more than doubled, jumping from тВ╣613 crore in Q1FY25 to тВ╣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 тВ╣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 тВ╣7,264 crore .
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ЁЯФН 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 тВ╣16.08 trillion.”
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ЁЯЫбя╕П 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 тВ╣1,815 crore .
Capital Adequacy remained strong, with a CAR of 16.97% and CETтАС1 ratio at 16.31%, well above regulatory norms .
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ЁЯПж 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.
тЬЕ 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 bankтАЩs 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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