ICICI Bank has released its investor presentation reviewing its performance for Q2 2026. The bank reported a 9.1% year-on-year growth in profit before tax, excluding treasury income, reaching ₹161.64 billion. Average deposits increased by 9.1% year-on-year, while domestic loans grew by 10.6%. Asset quality remained strong, with net NPA ratio at 0.39%.
Financial Highlights for Q2 2026
ICICI Bank showcased its key financial results for Q2 2026, with several noteworthy highlights:
- Profitability: Profit before tax (excluding treasury) grew by 9.1% y-o-y to ₹ 161.64 billion. Core operating profit increased by 6.5% y-o-y to ₹ 170.78 billion, and profit after tax rose by 5.2% y-o-y to ₹ 123.59 billion.
- Deposits: Average deposits increased by 9.1% y-o-y and 1.6% q-o-q. Average savings account deposits grew by 8.5% y-o-y, and average current account deposits increased by 12.6% y-o-y.
- Advances: Domestic loans expanded by 10.6% y-o-y and 3.3% q-o-q. Retail loans grew by 6.6% y-o-y, while business banking portfolio increased by 24.8% y-o-y.
Asset Quality and Capital Adequacy
ICICI Bank continues to maintain robust asset quality and capital positions:
- Asset Quality: Net NPA ratio stood at 0.39% as of September 30, 2025. The provision coverage ratio was 75.0% at the same date.
- Capital Adequacy: Common Equity Tier 1 (CET1) ratio was reported at 16.35%, and the total capital adequacy ratio was 17.00%.
Segment-Wise Performance (Unconsolidated)
A look at the unconsolidated profit before tax (PBT) across various segments:
- Retail: PBT of ₹216.21 billion
- Wholesale: PBT of ₹215.64 billion
- Treasury: PBT of ₹187.61 billion
Key Ratios
Several key financial ratios provide further insight into ICICI Bank’s performance:
- Net Interest Margin: 4.32%
- Cost of Deposits: 4.91%
- Cost-to-Income: 38.6%
Subsidiary Performance
Key subsidiaries also contributed significantly to the overall results:
- ICICI Prudential Life Insurance: Profit after tax of ₹11.89 billion
- ICICI Lombard General Insurance: Profit after tax of ₹25.08 billion
- ICICI Securities (Consolidated): Profit after tax of ₹19.42 billion
ESG Initiatives
ICICI Bank remains committed to Environmental, Social, and Governance (ESG) initiatives. Key focus areas include becoming carbon neutral by FY2032, supporting cancer care facilities, and promoting employee awareness in ESG areas.
Source: BSE